$65M in bitcoin stolen in hack of virtual currency's exchange

Staff -

The online digital currency exchange platform Bitfinex was hacked, and cyber attackers stole approximately $65 million worth the bitcoin currency.

Those using bitcoin can trade and store their currency using Bitfinex, where they also deposit and withdraw their digital tokens. Bitfinex discovered the data breach Tuesday and subsequently stopped all trading, deposits and withdrawals. The website was temporarily taken down.

As of Wednesday, Bitfinex had enabled limited functionality, allowing users to log on and view the state of their accounts. Users still are unable to trade, deposit and withdraw currency.

Zane Tackett, director of community and product development at Bitfinex, told The Wall Street Journal the company knows how relevant systems were compromised, and the company is working with law enforcement to investigate the incident.

"We are deeply concerned about this issue and we are committing every resource to try to resolve it," according to Bitfinex's statement. "We ask for the community's patience as we unravel the causes and consequences of this breach."

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