As the cryptocurrency market took the crypto-community on a bullish ride, Bitfinex, a prominent cryptocurrency exchange faced a temporary shut down. On May 31, Bitfinex’s Chief Technology Officer [CTO] Paolo Ardoino took to Twitter to inform the community of the temporary shut down due to an outage of one network. Ardoino said: “@bitfinex : due to the outage of one of our network providers we temporarily paused deposits and withdrawals. Funds are safe in cold storage. Situation should be restored ASAP. Apologies for inconvenience.” Even though the exchange clarified that it was a temporary shut down, the community ... (full story)