{"id":34256,"date":"2016-08-04T13:00:49","date_gmt":"2016-08-04T12:00:49","guid":{"rendered":"https:\/\/ktsl888.com\/?p=34256"},"modified":"2024-06-11T07:41:12","modified_gmt":"2024-06-11T07:41:12","slug":"bitfinex-update-platform-confirms-loss-of-119756-btc-to-hackers","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitfinex-update-platform-confirms-loss-of-119756-btc-to-hackers\/","title":{"rendered":"BitFinex Update: Platform Confirms Losing $72m worth BTC to Hackers"},"content":{"rendered":"<p>Following the security breach that shook the Bitcoin community, the victimized digital currency exchange BitFinex yesterday\u00a0revealed the damages it\u00a0faced.<\/p>\n<p>The exchange&#8217;s communication manager Zane Tackett\u00a0reported on Reddit that BitFinex has lost around 119,756 BTC (~$72 million) in the recent theft. As\u00a0the law enforcers continue\u00a0investigating\u00a0the matter, Tackett\u00a0didn&#8217;t reveal\u00a0further details\u00a0in the public domain.<\/p>\n<p>Bitfinex, meanwhile, has also roped in some of the top blockchain analytics companies to track the stolen bitcoin. The exchange hopes\u00a0to identify the hackers, as well as their bitcoin addresses to better understand the final resting position of their stolen funds.<\/p>\n<p>BitFinex, however, hasn&#8217;t yet\u00a0clarified how the hackers managed to gain access into the users&#8217;\u00a0wallets.\u00a0The rumors circulating on Reddit claim that\u00a0either the\u00a0hacker gained access to the platform by compromising either the private keys of BitFinex, or BitGo (a blockchain security platform associated with\u00a0Bitfinex). In the latest update, Bitfinex stated:<\/p>\n<blockquote><p>\u201cWe are currently in an ongoing process of restoring limited functionality in a secure environment, with full functionality coming afterwards in progressive stages. The first step is bringing the site online and allowing users to log in and view the state of their accounts. Note that initially, trading, deposits, withdrawals, and other core site functionality will be disabled.\u201d<\/p><\/blockquote>\n<p>As the company work&#8217;s towards partially restoring the platform to allow users access their account, Bitfinex has also updated the respective prices at which the margin position for all pairs will be settled. The <a href=\"https:\/\/www.reddit.com\/r\/Bitcoin\/comments\/4w1koe\/bitfinex_update_all_margin_positions_will_be\/\" rel=\"nofollow\">settlement prices<\/a> are fixed based on the mid-point of the bid and ask on the platform at 18:00 UTC on August 2.\u00a0 The settlement prices for various pairs are as follows.<\/p>\n<p style=\"text-align: center\">BTCUSD: $604.06000000<\/p>\n<p style=\"text-align: center\">ETHUSD: $10.19050000<\/p>\n<p style=\"text-align: center\">ETHBTC: $0.01689900<\/p>\n<p style=\"text-align: center\">ETCUSD: $2.83700000<\/p>\n<p style=\"text-align: center\">ETCBTC: $0.00471495<\/p>\n<p style=\"text-align: center\">LTCUSD: $3.75180000<\/p>\n<p style=\"text-align: center\">LTCBTC: $0.00621295<\/p>\n<p>Many Bitfinex customers are seeking for more information about the security breach and the fate of their digital currency deposits. As Tackett continues to respond to most of the questions, there are some who are left with no answers yet. However, in spite of the serious situation, both Tackett and Bitfinex have been appreciated by many across the Bitcoin community for the way they are handling the current situation.<\/p>\n<pre><strong>Ref<\/strong>: <em><a href=\"https:\/\/bitfinex.statuspage.io\/\" target=\"_blank\" rel=\"noopener nofollow\">Bitfinex Update<\/a><\/em> | <strong>Images<\/strong>: <em>Shutterstock<\/em><\/pre>\n","protected":false},"excerpt":{"rendered":"<p>Following the security breach that shook the Bitcoin community, the victimized digital currency exchange BitFinex yesterday\u00a0revealed the damages it\u00a0faced. The exchange&#8217;s communication manager Zane Tackett\u00a0reported on Reddit that BitFinex has lost around 119,756 BTC (~$72 million) in the recent theft. As\u00a0the law enforcers continue\u00a0investigating\u00a0the matter, Tackett\u00a0didn&#8217;t reveal\u00a0further details\u00a0in the public domain. Bitfinex, meanwhile, has also roped in some of the top blockchain analytics companies to track the stolen bitcoin. The exchange hopes\u00a0to identify the hackers, as well as their bitcoin addresses to better understand the final resting position of their stolen funds. BitFinex, however, hasn&#8217;t yet\u00a0clarified how the hackers managed to gain access into the users&#8217;\u00a0wallets.\u00a0The rumors circulating on Reddit claim that\u00a0either the\u00a0hacker gained access to the platform by compromising either the private keys of BitFinex, or BitGo (a blockchain security platform associated with\u00a0Bitfinex). In the latest update, Bitfinex stated: \u201cWe are currently in an ongoing process of restoring limited functionality in a secure environment, with full functionality coming afterwards in progressive stages. The first step is bringing the site online and allowing users to log in and view the state of their accounts. Note that initially, trading, deposits, withdrawals, and other core site functionality will be disabled.\u201d As the company work&#8217;s towards partially restoring the platform to allow users access their account, Bitfinex has also updated the respective prices at which the margin position for all pairs will be settled. The settlement prices are fixed based on the mid-point of the bid and ask on the platform at 18:00 UTC on August 2.\u00a0 The settlement prices for various pairs are as follows. BTCUSD: $604.06000000 ETHUSD: $10.19050000 ETHBTC: $0.01689900 ETCUSD: $2.83700000 ETCBTC: $0.00471495 LTCUSD: $3.75180000 LTCBTC: $0.00621295 Many Bitfinex customers are seeking for more information about the security breach and the fate of their digital currency deposits. As Tackett continues to respond to most of the questions, there are some who are left with no answers yet. However, in spite of the serious situation, both Tackett and Bitfinex have been appreciated by many across the Bitcoin community for the way they are handling the current situation. Ref: Bitfinex Update | Images: Shutterstock<\/p>\n","protected":false},"author":65,"featured_media":33207,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,5653,925,1020,1026,7716,5652],"class_list":["post-34256","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-news","tag-bitfinex","tag-blockchain","tag-blockchain-technology","tag-breaking-news","tag-hacked"],"acf":[],"yoast_head":"\n<title>Bitfinex Update: Platform Confirms Loss of About $72 Million to Hackers<\/title>\n<meta name=\"description\" content=\"Following the security breach that shook the Bitcoin community, the victimized digital currency exchange BitFinex has finally revealed the damages it has faced.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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