Express

Millions Worth Of Bitcoin Stolen During The 2016 Bitfinex Hack Has Been On The Move Over The Past Two Days

Emily Mason

Summary: $5,213,246 worth of BTC was moved from wallets associated with the 2016 Bitfinex Hack to unknown wallets in two separate transactions on Tuesday, July 28 according to reports from Whale Alert. The first transaction contained $5,184,650 worth of BTC and the second was $28,596 worth. The two transfers were within an hour of each other. ...

$5,213,246 worth of BTC was moved from wallets associated with the 2016 Bitfinex Hack to unknown wallets in two separate transactions on Tuesday, July 28 according to reports from Whale Alert.

The first transaction contained $5,184,650 worth of BTC and the second was $28,596 worth. The two transfers were within an hour of each other. In 2016 a Bitfinex security loophole resulted in 120,000 Bitcoin being stolen from the exchange and is one of the largest hacks of all time.

The two transactions come a day after 9 separate transactions shuffled around $27 million worth of Bitcoin from wallets associated with the hack on Monday, July 27 were also reported by Whale Alert.

By Emily Mason

  • Onchain Fatigue: The Harsh Reality Driving Users Away from Web3 4 hours ago
  • Are Airdrops Overfarmed? State of the Market 1 days ago
  • Autonomous Worlds: The Ultimate Goal of Blockchain? 3 days ago
  • Have Cosmos and Polkadot Been Replaced? The Future of ATOM and DOT 5 days ago
  • Polygon AggLayer: Uniting Modular and Monolithic Blockchain Architectures 6 days ago
  • You need to login to comment.