Bitfinex Reports Security Breach, Bitcoin Price Slumps
Bitfinex reports it has discovered a security breach that requires a halt to all trading on its platform. The exchange also claims that Bitcoins belonging to some of its users are stolen. The company states on its website: “We are investigating the breach to determine what happened, but we know that some of our users have had their bitcoins stolen. We are undertaking a review to determine which users have been affected by the breach. While we conduct this initial investigation and secure our environment, bitfinex.com will be taken down and the maintenance page will be left up.” Bitcoin....
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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....
Bitfinex has recently published an update about the ongoing investigation into the recent hacking incident. Bitfinex, the Hong Kong-based cryptocurrency platform is finally ready to share more information about the recent security breach. The digital currency platform has made preliminary findings of the investigation public in its recent update. On August 2, 2016, Bitfinex detected a security breach that resulted in the theft of 119,756 bitcoin worth over $72 million as per the bitcoin price on that day. The theft has been under investigation since then with Ledger Labs in the lead.....
BitGo has allegedly removed a previous blog post about its Bitcoin insurance policy following the recent Bitfinex incident where bitcoins were stolen from BitGo powered wallets. Since Bitfinex lost over $72 million worth of bitcoins in the recent security breach, the focus is now being turned towards its wallet provider as well. BitGo, the Palo Alto-based Bitcoin security firm is responsible for offering Bitcoin wallet services to the affected platform. While Bitfinex continues to investigate the origin of the hacking attack, disgruntled customers have found BitGo making few changes on its....
Prominent Hong Kong-based bitcoin exchange Bitfinex has announced that it has halted all trading on its platform while investigating a breach that has seen customers lose their funds due to theft. Bitcoin exchange Bitfinex has halted all trading on its platform, including all deposits and withdrawals. An announcement on its website has confirmed that Bitfinex users have had their bitcoins stolen, while the exchange investigates the security breach. No figures on the stolen bitcoin or the number of users impacted have been revealed yet. The statement read: We are investigating the breach to....
Bitfinex gets hacked, the first feature film funded via cryptocurrency is announced, and bitcoin and cannabis seek to join hands. Want to catch up on the latest digital currency news? Take a look below. BITFINEX. The bitcoin price has undergone a massive drop following a cyber-attack on Hong Kong-based bitcoin exchange Bitfinex, which has resulted in nearly $70 million stolen from users’ accounts. Blockchain security company BitGo has released a statement to customers, explaining: “You may have read that Bitfinex announced a security breach, today. We are working with Bitfinex to determine....