Bitfinex [BREAKING UPDATE-Aug 3, 11:00 UTC] : Restoring functionality

in bitfinex •  8 years ago 

Bitfinex has recently announced the following on the main site.

Update

Aug 3, 11:00 UTC

We are currently in an ongoing process of restoring limited functionality in a secure environment, with full functionality coming afterwards in progressive stages. The first step is bringing the site online and allowing users to login and view the state of their accounts. Note that initially trading, deposits, withdrawals, and other core site functionality will be disabled.To accommodate the relaunch, all withdrawals, open orders, and open funding offers will be canceled. Furthermore, in order to compute losses for relevant parties, settlement of all financed positions will occur in all accounts. Margin positions for all pairs will be settled and closed using the following prices, representing the midpoint of the bid and ask on August 2, 2016 at 18:00:00 -

UTC:BTCUSD:604.06000000

ETHUSD:10.19050000

ETHBTC:0.01689900

ETCUSD:2.83700000

ETCBTC:0.00471495

LTCUSD:3.75180000

LTCBTC:0.00621295

Further announcements about the next steps of the relaunch will be posted as progress is made. All significant changes to feature availability will be announced in advance. We will strive to keep you as informed as we can.The Bitfinex Team - bitfinex.statuspage.io, [email protected] 

I look forward to seeing what state my account is in. I mostly did margin funding with BTC and ETH. I wonder if my bits and bytes were safe since they were locked in margin funding.

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I certainly hope Bitfinex doesn't give the community the run around. I can't see how Bitfinex can possibly be solvent after this catastrophe.

Me too. Rather know the truth.
People can lie or deny all they want though.
The blockchains never do.

There is a long road ahead of BFX to get back on track, I don't see how this will work out well for anyone but I appreciate them being quite transparent so far.

How are you finding earning on Steemit? You never did show me any evidence as to how ADZ coins will go nowhere. I am still waiting. You came to my posts and attempted to discredit an awesome project without providing any facts and then ran away.

Anyways, you might want to check this out and discredit it too with a lack of evidence and discredit my earning as well if you want:

https://steemit.com/money/@adz4life/a-ticking-time-bomb-before-the-explosion-now-is-the-time-to-take-advantage

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