What is going on with BitForex?

I've been hearing a lot of buzz about BitForex lately, and I'm curious to know what's really going on with the platform. Is it still a reliable exchange for trading cryptocurrencies? Have there been any recent security breaches or issues that investors should be aware of? Additionally, how does BitForex compare to other major exchanges in terms of fees, trading pairs, and overall user experience? I'd appreciate any insights or updates you can provide on the current state of BitForex.