Bitfinex Experience Withdrawal Difficulties

Bitfinex Experiences Withdrawal Difficulties The issues facing Bitfinex continue to mount, with the exchange receiving numerous complaints from customers who have been waiting for days for withdrawals in a range of cryptocurrencies to process. The exchange says its been the subject of numerous distributed denial-of-service (DDoS) attacks in recent days, and that network congestion has contributed to the challenges. Many Customers Are Complaining That Withdrawals Are Not ProcessingWith Bitfinexs su. eddit increasingly being dominated by complaints from customers who have been waiting for withdrawals to process for multiple days, the company has issued an explanatory document seeking to clarify the reasons behind their failure to complete withdrawals. The document, titled , states Over the last few days, we were hit by a mixture of huge real customer demand for deposits & withdrawals, at the same time as we experienced DDoS in the form of malicious micro-deposits and withdrawals,” describing such as a heavily funded attack. The Bitfinex team adds that both the Ethereum and Bitcoin networks were under high congestion, asserting that both factors caused a very large number of withdrawals to fail and be missed. The document claims that new deposits and new withdrawals are now back to working fine, adding that all the withdrawals that failed during that period on the 4th-5th December need to be manually re-verified and added to a list for reprocessing. The exchange claims that to have completed maintenance in order to improve [their] systems meaning everything is now back to normal, saying that nearly every other exchange faced similar withdrawal issues during the same period, but due to the huge scale of customers, it is taking us longer to manually reprocess the failed withdrawals.