Post Tagged with: "bitfinex"

Bitfinex Offers $3.5M Bounty for Stolen Bitcoin as Socialization Plan Stalls

Bitfinex Offers $3.5M Bounty for Stolen Bitcoin as Socialization Plan Stalls

by August 16, 2016 at 9:14 am 1 comment

It’s been another week, an eternity in the bitcoin world, and it looks like Bitfinex’s chosen recovery plan, in which it would “socialize” its losses by having its customers share 36% of the loss, may not actually, strictly speaking, be legal. “I think these questions are falling into a bit ofRead More

Another Day, Another Bitcoin: After the Bitfinex Hack

Another Day, Another Bitcoin: After the Bitfinex Hack

by August 9, 2016 at 3:30 pm 2 comments

It’s been just about a week since the bitcoin exchange Bitfinex was hacked, with a loss of 119, 756 BTC, or about $80 million in boring old, traditional currency. The hack remains a hot-button topic in the bitcoin world, with many calling for the need of increased oversight of bitcoin exchanges.Read More