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Bitfinex exchange to issue compensation for bitcoins theft

Aug, 09, 2023 Hi-network.com
In a later development of the Bitfinex hack, the company released a new blockchain asset called a BFX token, to all customers. It is an attempt by the company to reimburse exchange users for the "generalized loss" of roughly 36% of their funds as an emergency measure to keep the exchange online. This is belived to be the first instance where a digital asset has been issued by a company to meet its debt obligations.

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