$2.5B in stolen BTC from Bitfinex hack awakens

$2.5B in stolen BTC from Bitfinex hack awakens

The receiving wallet address now holds more than 90,000 Bitcoin worth about $3.6 billion. A chunk of the inactive Bitcoins (BTC) stolen in the 2016 Bitfinex exchange hack has moved from the hacker’s wallets to an unknown wallet on Tuesday, as detected by blockchain analytics bot Whale Alerts.20 transactions involving the stolen Bitcoins were flagged. A sum of 64,641.29 BTC, worth almost $2.5 billion at the time of writing, was moved. This is more than half of the total amount seized by the hackers which are estimated to be around 120,000 BTC.The biggest transaction detected was around....


Related News

US Seizes 94,636 Bitcoin From 2016 Bitfinex Hack in ‘Largest Crypto Seizure t...

The U.S. Department of Justice (DOJ) has announced the seizure of 94,636 bitcoins directly linked to the 2016 hack of the cryptocurrency exchange Bitfinex. This is the DOJ’s “largest cryptocurrency seizure to date.” In addition, two people have been arrested in connection with the hack and stolen cryptocurrency. Bitfinex Hack’s Stolen Bitcoins Seized, 2 People Arrested The Department of Justice (DOJ) announced Tuesday that the U.S. government has seized stolen cryptocurrency directly linked to the 2016 hack of the cryptocurrency exchange Bitfinex. According to....

The Bitfinex Bitcoin Hack: What We Know (And Don't Know)

More than $60m worth of bitcoin was stolen from one of the world's largest digital currency exchanges yesterday, and nearly 24 hours later, the event is still shrouded in mystery. What is clear, though, is that the impact is far-reaching. The Bitfinex theft represents the largest loss of bitcoins by an exchange since Japan's infamous Mt Gox lost 744,408 BTC in early 2014 (worth $350m), a breach that would ultimately cause it to cease operations. At press time, the value of the 119,756 BTC stolen from Bitfinex stands at roughly $66m, or about 18% of what was lost by Mt Gox. Given the size,....

Bitfinex Hacked, Bitcoin Confirmed Stolen

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.....

Bitfinex Offers $3.5 Million Bounty for Stolen Bitcoin

Bitfinex has offered a reward for the return, or info leading to the return, of the Bitcoin stolen in the recent hack. Reddit user someguy916 posted in the /r/Bitcoin subreddit inquiring as to how much of a reward Bitfinex would be willing to offer for the stolen coins. Zane Tackett, Director of Community and Product development, responded with an offer for a small percentage: “5% of recovery and for information leading to recovery (but no bounty if no recovery); if multiple persons lead to recovery, share pro rata” When pressed to get that offer into a blockchain contract, Tackett....

$623 Million In Stolen Bitcoin From 2016 Bitfinex Hack Has Been Moved

More than 10,000 BTC stolen from cryptocurrency exchange Bitfinex in 2016 has been moved to a new address.