Over 5,000 Bitcoin Worth $97 Million from the 2016 Bitfinex Hack Spring Into Action

Over 5,000 Bitcoin Worth $97 Million from the 2016 Bitfinex Spring Into ActionAs bitcoin surpassed its 2017 all-time high on Monday morning, a few hours later 5,045 BTC or $97 million worth of bitcoin from the 2016 Bitfinex hack was transferred. The hackers that stole the funds four years ago have moved the bitcoins numerous times this year. The hackers that stole 119,756 BTC from the cryptocurrency […]

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‘Oracle’ Vinny Lingham Expects High Bitcoin Volatility, BTC Price Likely to Hold $12K Handle for 30 Days

'Oracle' Vinny Lingham Expects High Bitcoin Volatility, BTC Price Likely to Hold $12K Handle for 30 DaysFour years ago, Vinny Lingham predicted bitcoin’s bull run and a number of bitcoiners have referred to him as the “oracle.” On Twitter, Lingham is once again giving his predictions on bitcoin’s future prices. He’s also noted this month that he’s “bullish on bitcoin” and hasn’t felt this way since 2016. The former CEO of […]

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Hackers Transfer $28 Million Worth of Bitcoin from 2016 Bitfinex Breach

Hackers Transfer $28 Million Worth of Bitcoin from 2016 Bitfinex BreachAround 2,500 stolen bitcoins ($28 million) from the 2016 Bitfinex breach were transferred from the hacker’s wallet on Monday. The last time the Bitfinex hackers moved funds from the hack four years ago, they moved around $5 million worth of coins on June 24. This time around, the top crypto asset by market capitalization touched […]

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Analysts Claim Bitcoin’s 76 Day Stability ‘Bullish’: Hash Ribbons Cross and 2016 Patterns

The price of bitcoin has been very stable lately, and the crypto asset has been trading in a less volatile range just above $9k per coin for 76 consecutive days. After the third halving, the price of bitcoin has also been far more stable, in contrast to the price action after the second halving. However, […]

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Hackers Move Another $800K in BTC Stolen From the 2016 Bitfinex Breach

Hackers Move Another $800K in BTC Stolen From the 2016 Bitfinex BreachAnother $800,000 worth of bitcoin from the Bitfinex hack of four years ago has been moved to an unknown wallet. Whale Alert reports that hackers transferred 77.64 bitcoin (BTC) on Tuesday, which amounts to $797,000 at the time the alert was issued. The thieves last moved about $255,000 or 28.4 BTC on May 22, in […]

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Bull Run Imminent? Hodl Waves Chart Shows 60% of Bitcoin Hasn’t Moved in a Year

Bull Run Imminent? Hodl Waves Chart Shows 60% of Bitcoin Hasn't Moved in a YearAccording to the creator of the analytical bitcoin data web portal, Look Into Bitcoin, a chart often referred to as ‘Hodl Waves’ shows a bull run could be imminent. The web portal’s analyst Phillip Swift recently tweeted that 60% of all the bitcoin in circulation hasn’t moved in twelve months. The last time this trend […]

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Bitcoin Worth $282K from the 2016 Bitfinex Hack on the Move

Bitcoin Worth $282K from the 2016 Bitfinex Hack on the MoveThe cryptocurrency community has noticed a number of bitcoins from the August 2, 2016, Bitfinex breach has been moved. A small 30 BTC transaction ($282,000) from the stash has moved from the hacker’s address to an unknown bitcoin address. The last time coins from the Bitfinex incident moved was June and August 2019, as the […]

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Bitcoin’s Third Halving: Survey Shows 50% of Miners Expect a Price Increase

The block reward halving for BTC is 32 days away and crypto businesses and mining operations are steadily preparing for the event. Today, Bitcoin’s hashrate is hovering just above 100 exahash per second (EH/s) and one year after the 2016 halving, the digital asset’s price and hashrate climbed over 240%. Moreover, a recent poll published […]

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New York Prosecutors Demand Transparency From Bitfinex and Tether

New York Prosecutors Demand Transparency from Bitfinex and TetherThe crypto community has been laser focused on the current dilemma between Bitfinex exchange and New York prosecutors over the loss of $900 million of co-mingled customer and corporate funds. After the craziness last week, the New York Attorney General’s (NYAG) office has now demanded that Bitfinex must show transparency by turning over documents tied […]

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Florida Appeals Court Defines Bitcoin as Money as Espinoza Ruling Reversed

Espinoza Ruling Reversed, Florida Appeals Court Defines Bitcoin as MoneyIn 2016, Judge Teresa Mary Pooler of the Eleventh Judicial Circuit of Florida made headlines for a ruling she made during the Michell Espinoza trial. Judge Pooler ruled Espinoza could not be charged with illegal money transmission offenses because bitcoin was not considered legal tender. However, a motion filed with the Florida appeals court has […]

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