Over $26M Worth of Bitcoin Associated With 2016 Bitfinex Hack Is on the Move
Over $26 million worth of bitcoin (BTC) associated with the massive 2016 hack of crypto exchange Bitfinex was moved around across seven transactions on Wednesday, according to Twitter-based blockchain tracker bot Whale Alert.
- The security breach at Bitfinex in August 2016 led to the theft of over 120,000 BTC (worth approximately $1.2 billion today). Similar movements of stolen funds were also reported in July.
- Six of the transactions flagged by Whale Alert ranged between $4.1 million and $4.8 million, with one for a relatively small amount of $12,000.
Related Posts


There Can (Probably) Be Only One Bitcoin
One of my key questions about the next era in crypto and blockchain is this: How will all the capital likely be deployed into digital assets and cryptocurrencies as they become better regulated?More than 90% of the world’s financial and business assets are considered “on-shore” – that is, they are owned and managed by entities

First Mover Asia: Bitcoin Holds Its Latest Foothold at $29.1K While Worldcoin Soars
Good morning. Here’s what’s happening:Prices: As Altcoin dominance reaches a multi-month high, Worldcoin's WLD token is up 30% on-launch. But the project comes with real world centralization and privacy concerns.Worldcoin (WLD) Outperforms the MarketAs Asia continues its trading week, bitcoin is opening Tuesday down 3% to $29,179, while ether is down 2.1% to $1,850.The CoinDesk…

Yuga Labs Confirms UVA-A Emitting Lights Cause of ApeFest Eye Issues
Yuga Labs confirmed that UV-A emitting lights installed in one corner of the event was "likely the cause" of a series of eye-related medical emergencies that took place at the company's Ape Fest event in Hong Kong over the weekend.Attendees of ApeFest reported blurred vision and burning eyes after attending the event last weekend. One

First Mover Americas: Bitcoin and Ether Options Activity Hits $20B
This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest PricesTop StoriesThe crypto options market is booming. The notional open interest, or the dollar value locked in active bitcoin and ether options contracts on leading exchange Deribit

Suspect Behind $11 Million Crypto Theft Arrested in Europol-Led Operation
news An investigation by EU law enforcement agency Europol and British and German police agencies has led to the arrest of a 36-year-old man suspected of carrying out a spate of crypto thefts. Europol announced Wednesday that the British man is suspected of stealing around €10 million ($11.34 million) worth of iota tokens in January 2018…

Crypto Lender Maple Finance Opens U.S. Treasury Bill Pool for Cash Management
Featured SpeakerJenny JohnsonPresident and CEOFranklin TempletonJenny will discuss developing crypto-linked investment products in a bear market, the mood among her clients and her lon...Krisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.Featured SpeakerJenny JohnsonPresident and CEOFranklin TempletonJenny will discuss developing crypto-linked investment products…

Bitcoin News Roundup for May 7, 2020
BTC could hit $10K while mining ramps up. This is CoinDesk's Markets Daily podcast.For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.Today's stories:For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.Disclosure Read More The leader in blockchain news, CoinDesk is a media outlet that strives…

Investors Suing Over Status ICO Can’t Find Execs to Serve Papers
Aug 6, 2020 at 09:21 UTCUpdated Aug 6, 2020 at 09:24 UTC(Proxima Studio/Shutterstock)Investors Suing Over Status ICO Can’t Find Execs to Serve PapersAttorneys for investors suing a secure messaging app want the judge’s permission to use “alternative means” to serve the firm’s executives with papers, saying they’ve been unable to reach them through traditional means. …