Bitfinex Bitcoin Trader Announces Breach, User Funds Stolen

Crypto-currency trader Bitfinex announced today that it was shutting down operations for the foreseeable future as the company will be investigating a security breach that allowed an attacker to make off with some user funds.

Bitfinex, a website where users can register and exchange fiat currency for various crypto-currencies, is one of the lesser known Bitcoin traders, but one riding a rising wave of popularity, according to website ranking site Alexa.

Site shuts down for ongoing investigation

In an update on its home and status page, the company announced users that it froze assets and shut down operations as of 18:00 UTC, due a security breach its engineers detected following multiple user complaints.

Bitfinex users had reported to the company that some of the funds from their accounts were missing.

According to data available at the time of writing only Bitcoin funds were stolen, while other virtual cu...