Hacker from the 2016 Bitfinex Breach Transfers $21M Worth of Bitcoin to Unknown Wallets
On Wednesday morning (ET), around 2,034 BTC ($21.6 million) from the 2016 Bitfinex hack moved into a few unknown wallets. The action was caught by the Btcparser program as five transactions with around 400 BTC each moved for the first time in four years. On August 2, 2016, the popular digital currency exchange Bitfinex was hacked for 119,756 BTC which is around $1.2 billion in bitcoin using today’s exchange rates. The hacker was able...
Square’s Major Bitcoin Buy: Puts 1% of Total Assets Worth $50 Million in BTC
Square Inc. has put 1% of its total assets in bitcoin worth about $50 million. The company believes that “cryptocurrency is an instrument of economic empowerment and provides a way for the world to participate in a global monetary system.” Square’s Major Bitcoin Buy Square Inc. announced Thursday that it has bought approximately 4,709 bitcoins at an aggregate purchase price of $50 million. The NYSE-listed company (NYSE: SQ) with a...
Twitch.tv is About to Get Placed On a WIPO Anti-Piracy Blacklist
Keeping advertising off pirate sites has become one of the key goals of entertainment industry and anti-piracy groups. The theory is that if brands can be encouraged not to place their ads alongside infringing content, pirate sites will be starved of much-needed revenue. To achieve this goal, various coalitions have created their own pirate site ‘blacklists’ so that known pirate players can be screened out as potential advertising...
US Case Against KickassTorrents in Trouble as Alleged Operator Flees Poland
During the summer of 2016, Polish law enforcement officers arrested Artem Vaulin, the alleged founder of KickassTorrents. The then 30-year-old Ukrainian was apprehended at a local airport. He was later taken into custody and around the same time the infamous torrent site went dark. Criminal Prosecution of KickassTorrents The arrest was part of a U.S. criminal case which also listed two other men as key players. At the time,...
My open source video game for Open Jam
This year, I joined in on the Open Jam, a “game jam” in which programmers around the world dedicate a weekend to create open source games. The jam is essentially an excuse to spend a weekend coding, and the majority of the games that come out of the challenge are small distractions rather than something you’re likely to play for hours on end. But they’re fun, diverse, and open source, and that’s a pretty...
