Hackers Transfer $28 Million Worth of Bitcoin from 2016 Bitfinex Breach

Hackers Transfer $28 Million Worth of Bitcoin from 2016 Bitfinex Breach
фото показано с : news.bitcoin.com

2020-7-28 06:55

Around 2,500 stolen bitcoins ($28 million) from the 2016 Bitfinex breach were transferred from the hacker’s wallet on Monday.

The last time the Bitfinex hackers moved funds from the hack four years ago, they moved around $5 million worth of coins on June 24. This time around, the top crypto asset by market capitalization touched new price highs for 2020 on July 27.

At 6:15 p.m. (ET) on Monday, bitcoin (BTC) reached $11,379 per coin on Bitfinex. The hackers moved the $28 million worth of BTC in various fractions six hours prior to the price high, according to statistics from the BTC transaction tracker Whale-alert.io.

⚠ 174.44 #BTC (1,815,092 USD) of stolen funds transferred from Bitfinex Hack 2016 to unknown wallet

Tx: https://t.co/VA64OqmQKT

— Whale Alert (@whale_alert) July 27, 2020

Whale Alert saw a number of large BTC transfers on Monday afternoon, but these bitcoins, in particular, stemmed from the 2016 Bitfinex hack and were sent to unknown wallets.

Some transactions were anywhere between 85 BTC to 174 BTC, while some were above 400 BTC in a single transaction. The series of BTC transactions stemming from the Bitfinex hack occurred at precisely 12:41 p.m. ET and another set of transfers at 1:49 p.m.

At 6:15 p.m. (ET) on Monday, bitcoin (BTC) reached $11,379 per coin on Bitfinex.

The Bitfinex hackers moved a grand total of just over 2,550 BTC and at the time, BTC was only trading for $10,350 a coin. The bitcoins came from the security breach Bitfinex experienced back in August 2016 when the exchange lost 120,000 BTC.

At the time the entire stash of stolen BTC was only worth roughly $72 million, but today those coins are worth $1.3 billion at current prices. Bitfinex is still a popular exchange and it paid customers back by creating an exchange-backed token.

The Bitfinex stolen bitcoins have always been a fan favorite to monitor and people are always watching the funds with great interest. The bitcoins have been moved more recently but sat for years prior to the first moves.

With the last move on June 24, the hackers also moved coins on June 11 as well. The Bitfinex hackers transferred roughly $5 million worth of BTC in 20 separate transactions. The $28 million worth of bitcoin transactions on Monday has been one of the largest moves yet.

What do you think about the Bitfinex hackers moving $28 million worth of BTC? Let us know in the comments section below.

The post Hackers Transfer $28 Million Worth of Bitcoin from 2016 Bitfinex Breach appeared first on Bitcoin News.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

BitFinex Tokens (BFX) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 BFX

bitfinex million moved breach hackers around worth

bitfinex million → Результатов: 126


Bitfinex raised $1 billion in 10 days by selling a token redeemable for Tethers

Embattled cryptocurrency exchange Bitfinex raised $1 billion in 10 days with an initial exchange offering (IEO), money it hopes will alleviate concerns of its financial stability. Bitfinex CTO Paolo Ardoino tweeted Monday that private firms, both inside the cryptocurrency sector and out, had contributed more than $100 million each throughout the fundraising.

2019-5-14 16:09


John McAfee Says Point-Set Technology Puts Bitcoin’s Price At Least $1 Million By End of 2020

A recent article published by U.Today, predicted a Bitcoin bull run could happen sometime soon especially because the coin still shot past $5,500 regardless of the story that recently shocked the market when it was revealed that Tether and Bitfinex through their parent company, iFinex, was involved in an $850 million scam. The article showed […]

2019-5-5 23:40


Bitfinex-Tether episode hardly affects stablecoin; continues to be pegged with cryptos despite systematic risk

The Bitfinex/Tether episode made headlines in the crypto community over the past week. The repercussions were felt even in the market as Bitcoin [BTC] plummeted by almost $400 after news broke out that Bitfinex used Tether reserves to cover up its undisclosed losses, speculated to amount to $850 million.

2019-5-1 19:30


Bitfinex-Tether controversy: Binance’s CZ announces impending transfer of USDT funds to new cold wallet address

The New York Attorney General’s recent allegations suggested the involvement of Tether [USDT] and Bitfinex exchange in a conspiracy to hide the exchange’s loss of $850 million. While the ecosystem slowly recovers from the bearish market in the aftermath of the episode, Binance’s Changpeng Zhao informed his community of followers about an impending “large transaction”.

2019-4-30 11:30


Bitfinex-Tether fiasco: Bitfinex could be receiving financial back-up while users flee scene

The Bitfinex and Tether lawsuit by the New York State Attorney General has put the companies in a tight spot and if the suit proceeds in favor of the AG, then the long speculated secrets about Tether and the alleged “fraud” of Bitfinex in covering up $851 million in losses might be out in the […] The post Bitfinex-Tether fiasco: Bitfinex could be receiving financial back-up while users flee scene appeared first on AMBCrypto.

2019-4-28 23:30


As Bitfinex Gets Sued By NY AG, Shareholder Reassures Missing Funds Will Be Released in a “Few Weeks”

A recent lawsuit by the NYSAG is unveiling a lot of unsettling details about the Bitfinex exchange and the Tether stablecoin. Though there has always been controversy around Tether for its lack of cash liquidity, the bigger allegation at this point is over the missing $851 million that Bitfinex is supposed to have. In an […]

2019-4-27 18:14


Bitfinex and Tether Exodus Leads to 7th Most Confirmed Bitcoin Transactions in a Day

Yesterday’s news of Bitfinex being accused by the New York Attorney General’s office of potentially covering up the loss of $850 million using Tether reserves has caused Bitcoin and the crypto market to plummet and investors to panic, not only about the diminishing value of their holdings, but over the entire integrity of the crypto.

2019-4-27 03:01