Bitifinex Brings Back its Platform in Read-Only Mode
The Bitfinex hack resulted in the loss of over $70 million worth of Bitcoin, which is to be felt not only by the affected users, but by everyone that …
Tag: Theft
Bitfinex To Socialize Losses: Customers Will Lose 36% of Deposited Funds
After missing the announcement deadline, Bitfinex has finally decided to share with its customer the plans for re-enabling withdrawals: Customers funds will receive a 36.067% ‘haircut’ on all assets. At …
Major Bitcoin Exchange Bitfinex Suffered From The Theft of 120,000 BTC
Bitcoin traders received a shocking announcement: one of the major Bitcoin exchanges, Bitfinex, disclosed the theft of approximately 120,000 BTC. Details of the hack were not unveiled as investigations are …
Hiring Staff Through Third Parties Leads To Credit Card Theft
February 20, 2016
News
Credit card information theft is nothing new under the sun these days, as most databases and third parties protecting this data, do not offer optimal security measures. A recently …
Losing Bitcoins Through Theft Is A Crime
February 11, 2016
News
One thing people seem to be confused about is what will happen if someone loses their Bitcoin balance due to a theft. Keeping in mind how the digital currency …
LoanBase Looses 8 Bitcoin Due To Data Breach
February 7, 2016
News
Bitcoin lending platforms provide a viable alternative for entrepreneurs and companies looking to secure a tiny bit of extra money to cover certain expenses. The main goal of these …
CEO of Cryptsy Claims Massive Bitcoin Heist Crippled his Exchange
January 16, 2016
News
A recent blog post by Paul Vernon, CEO Cryptsy, is alleging that the exchange suffered a massive hack in July of 2014. Vernon claims that the hacker was the …
Looking Back on March: A Month in Review
April 2, 2015
Uncategorized
April has now arrived, and March has left. Looking back, March was a very exciting month for bitcoin. The month started with bitcoin prices rising quickly after a relatively …