BREAKING: Bitcoin Exchange BitFinex' Hot Wallet Hacked
BitFinex has just been hacked. They lost their hot wallet to a malicious actor. However, due to security practices only a relatively minimal amount has been lost. BitFinex keeps over 99.5% of its customers deposits in secure multisig wallets, so only 0.5% at most was lost. BitFinex is a digital currency trading platform and states itself as currently in a beta phase (testing phase), though they have been in the market for a while now. They have a notable amount of trade and are considered by many to be one of the market leaders. Customers are being asked to cease depositing cryptocurrency....
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On August 2, 2016, it has been reported that the major cryptocurrency exchange, Bitfinex, was hacked with some customers losing Bitcoin as a result. Additionally, BitGo has commented on the event. The Breach of Bitfinex. Bitfinex itself confirmed the hack in a press release earlier today, saying they have halted all trading on the platform. Additionally, all deposits to and withdrawals from Bitfinex have been temporarily stopped. The exchange does not have much information about the hack, but the press release confirmed that customers of the exchange have lost Bitcoin following the breach.....
Hong Kong-based bitcoin exchange Bitfinex announced around 5 a.m. EDT today the startup's hot wallets were compromised and some bitcoin were stolen. The exchange also advised its users to immediately stop depositing bitcoin to old addresses in their Bitfinex account. It is unclear how much has been lost in the hack, but according to a company statement, the hot wallets held only 0.05 percent of the exchange's bitcoin holdings. Though still unconfirmed, RedditorgowithBTC followed a string of transactions on the blockchain to what he believes is Bitfinex's hot wallet. If correct, it would....
Bitfinex, while still listed on its website as being in the "beta-phase," is the largest USD based bitcoin exchange. Bitfinex is currently experiencing an outage, as they have acknowledged on twitter. Beyond tweets acknowledging the existence of an issue, Bitfinex has not yet released any information concerning the current service interruption. This latest outage follows an outage just four days ago on July 6th. Few details have been released about that outage, though it was addressed quickly. In late may of this year, Bitfinex' hot wallet was hacked to the tune of $5,400,000. No customer....
South Korean bitcoin exchange Yapizon was hacked earlier this week, losing more than US$5 million worth of user funds and bitcoin. According to the exchange’s official statement translated by CCN, four hot wallets of the exchange were hacked by an unknown group of hackers. The Yapizon legal team noted that approximately 37 percent of user funds were hacked and exactly 3,816 bitcoins were stolen from the exchange. Users of Yapizon outraged over the exchange’s decision to spread losses from the theft equally amongst all bitcoin accounts. Considering that the exchange lost 37 percent of its....
Cryptocurrency exchange Kucoin may have been hacked for $150 million in bitcoin and multiple ERC20 tokens. The Singapore-based exchange confirmed the September 25 security breach, but did not disclose the amount stolen. “Bitcoin, ERC-20 and, other tokens in Kucoin’s hot wallets were transferred out of the exchange,” said Kucoin in an update on Saturday. Meanwhile, Bitfinex and Tether, issuers of the centralized stablecoin USDT, immediately froze a combined $33 million worth of USDT suspected to be part of the funds looted in the Kucoin hack – an action that has....