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And not just 36% of their bitcoins. Apparently everyone is losing 36% of everything, ETH, LTC, USD, BTC. That would mean the Bitcoin loss would have to be 36% o
by daveguy 10y ago
And not just 36% of their bitcoins. Apparently everyone is losing 36% of everything, ETH, LTC, USD, BTC. That would mean the Bitcoin loss would have to be 36% of assets, not 36% of bitcoin. I wonder if anyone realized bitfinex considered your other deposits as their own personal insurance against theft of bitcoin.
- Kadin 10y agoIt's sort of like being a Lloyds of London "name" ... only without any of the benefits.
- charlesism 10y agoSo if John Doe transferred $100,000 to his Bitfinex account but never pulled the trigger and bought Bitcoin with it, he's going to log in and find $64,000? Ouch! So much responsibility, and very little improvement since Gox. I still can't figure out how Bitfinex left such a large % of their assets in one place.