Bitfinex's BFX digital asset – issued to users who lost bitcoin in an August hack – surged to a record high on 1st February.
Cryptocurrency companies and holders continued to be a target for hackers in 2016, but Bill Shihara argues it doesn't have to be that way next year.
Bitcoin prices surged more than 80% in 2016, pushed higher by developments such as the Brexit, the halving and the Bitfinex hack.
Bitfinex is now seeking to strike a deal with the hacker or hackers who stole $65m in bitcoin from the exchange back in August.
Bitcoin activity was quiet in September, characterized by lackluster trading activity and low volatility.
The FBI is investigating a report filed by an anonymous Bitfinex user alleging that funds were stolen from their account.
Bitcoin suffered a black eye in August because of the Bitfinex hack, but the digital currency quickly mounted a recovery.
Bitfinex has announced two ways for account holders to exchange their BFX tokens for a beneficial interest in Bitfinex parent firm, iFinex Inc.
What do we make of the blockchain's confounding summer of 2016? CoinDesk's Pete Rizzo attempts to explain.
Analysts reacted positively to news that exchange Bitfinex had redeemed roughly 1% of its outstanding debt tokens on 1st September.