Bitfinex Seeks Communication With Bitcoin Thief
On August 2nd the Hong Kong-based Bitcoin exchange Bitfinex was compromised for roughly $70 million worth of Bitcoin. According to sources, the attacker managed to drain the exchange through its multi-signature security — gaining 120,000 BTC from the breach. Now the exchange is trying to reach out to the responsible party in an attempt to get its....
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“We would like to have the opportunity to securely communicate with you. It might be possible to reach a mutually agreeable arrangement in exchange for an enormous bug bounty (payable through a more privacy-centric and anonymous way),” writes CFO Giancarlo Devasini in Bitfinex blog post today. The Bitfinex hack on August 2 was the most recent in a long list of Bitcoin and digital currency exchanges which have fallen victims to hackers. Devasini explains that Bitfinex has dedicated an email address (“[email protected]”) and a PGP Key “to hopefully establish a secure line of....
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....
Bitfinex is seeking to strike a deal with the hacker or hackers who stole $65m in bitcoin from the exchange back in August. The latest twist in the ongoing story comes nearly three months after Bitfinex lost roughly 120,000 BTC in the breach. The exchange was offline for days before restoring service and eventually electing to pursue a novel (and controversial) way to spread the loss among users. Now, the exchange is seeking to recover the lost funds from the hacker in a bid to expedite their repayment by setting up a secure channel for communication. Representatives of Bitfinex explained....
BitComSec, the Bitcoin Community Security Project, have just released the second installment in the saga of Jimmy Bluey Amatong, entitled Tracking A Bitcoin Thief, Part II. This began as a true crime cyberthriller, then evolved into a lesson in what not to do with your hard earned Bitcoin, and ended with a plot twist worthy of Quentin Tarantino. Tracking A Bitcoin Thief, Part I exposed a mountain of evidence that Amatong was responsible for intentional, organized, long running fraud and computer intrusion aimed specifically at altcoin projects. Amatong's Xtrapool was nothing but a....
Bitfinex has alerted of phishing emails being circulated from an address that is made to appear to be one of its email addresses. The distressed company notes in a blog post on its website that the email is not from any @bitfinex.com address but from @ibitfinex.com, stressing the additional i. Bitfinex states: We like to stress this is not a message sent out by Bitfinex and we advise anyone that has received this email or any similar email to delete it immediately. Do not open the attachments and if you have opened the attachments do a full virus scan of your computer. It added that any....