BitFinex Update: Platform Confirms Losing $72m worth Bitcoin to Hackers
Following the security breach that shook the Bitcoin community, the victimized digital currency exchange BitFinex yesterday revealed the damages it faced. The exchange’s communication manager Zane Tackett reported on Reddit that BitFinex has lost around 119,756 BTC (~$72 million) in the recent theft. As the law enforcers continue investigating the matter, Tackett didn’t reveal further details in the public domain. Bitfinex, meanwhile, has also roped in some of the top blockchain analytics companies to track the stolen bitcoin. The exchange hopes to identify the hackers, as well as their....
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The Bitfinex hackers have moved thousands of Bitcoins in 2020. Bitcoins (BTC) stolen from major cryptocurrency exchange Bitfinex back in 2016 are on the move again, as hackers shift another massive batch of funds to unknown wallets.According to data from crypto transaction tracking service Whale Alert, Bitfinex hackers moved more than $4.6 million in stolen BTC on Oct. 8. These funds were sent to unknown wallets in two separate transactions of 435 BTC and 8 BTC.But the hackers have moved far more than this amount earlier this week. According to Whale Alert, Bitfinex hackers completed seven....
As bitcoin surpassed its 2017 all-time high on Monday morning, a few hours later 5,045 BTC or $97 million worth of bitcoin from the 2016 Bitfinex hack was transferred. The hackers that stole the funds four years ago have moved the bitcoins numerous times this year. The hackers that stole 119,756 BTC from the cryptocurrency exchange Bitfinex on August 2, 2016, have moved a number of stolen coins in 2020. The coins that were taken over four years ago are now worth around $2.3 billion using today’s exchange rates. Following the Bitfinex hack, the breach crippled trader confidence that....
Bitfinex has announced that any person offering information about the hackers, leading to recovery of stolen bitcoin will receive 5% of the recovered digital currency as bounty. In the beginning of this month, the Bitcoin industry witnessed one of the biggest hacking incidents of this year. Bitfinex, the Hong Kong-based digital currency exchange reported a security breach on August 2, 2016, which resulted in the platform losing about 119,756 bitcoins. The total losses experienced by the digital currency platform is slated to be around $72 million at the time of the incident. Bitfinex is....
Bitfinex suspends trade after discovering a security breach. Confirms loss of bitcoin, exact figures awaited. Bitfinex, one of the leading digital currency exchange, today reported that it has faced a security breach. Following the discovery, the exchange reportedly halted all its bitcoin trading operations until further notice. “Today we discovered a security breach that requires us to halt all trading on Bitfinex, as well as halt all digital token deposits to and withdrawals from Bitfinex” According to the Bitfinex homepage, the breach was discovered at around 18:00 UTC, same time when....