{"id":49323,"date":"2020-07-28T09:03:30","date_gmt":"2020-07-28T09:03:30","guid":{"rendered":"https:\/\/www.cryptocabaret.com\/?p=49323"},"modified":"2020-07-28T09:03:30","modified_gmt":"2020-07-28T09:03:30","slug":"hackers-transfer-28-million-worth-of-bitcoin-from-2016-bitfinex-breach","status":"publish","type":"post","link":"https:\/\/www.cryptocabaret.com\/?p=49323","title":{"rendered":"Hackers Transfer $28 Million Worth of Bitcoin from 2016 Bitfinex Breach"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"696\" height=\"392\" src=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2020\/07\/bitfinex-hackers-transfer-28-million-worth-of-bitcoin-from-2016-breach-768x432.jpg\" alt=\"Hackers Transfer $28 Million Worth of Bitcoin from 2016 Bitfinex Breach\" srcset=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2020\/07\/bitfinex-hackers-transfer-28-million-worth-of-bitcoin-from-2016-breach-768x432.jpg 768w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/07\/bitfinex-hackers-transfer-28-million-worth-of-bitcoin-from-2016-breach-300x169.jpg 300w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/07\/bitfinex-hackers-transfer-28-million-worth-of-bitcoin-from-2016-breach-1024x576.jpg 1024w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/07\/bitfinex-hackers-transfer-28-million-worth-of-bitcoin-from-2016-breach-696x392.jpg 696w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/07\/bitfinex-hackers-transfer-28-million-worth-of-bitcoin-from-2016-breach-1068x601.jpg 1068w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/07\/bitfinex-hackers-transfer-28-million-worth-of-bitcoin-from-2016-breach-747x420.jpg 747w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/07\/bitfinex-hackers-transfer-28-million-worth-of-bitcoin-from-2016-breach-190x107.jpg 190w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/07\/bitfinex-hackers-transfer-28-million-worth-of-bitcoin-from-2016-breach-380x214.jpg 380w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/07\/bitfinex-hackers-transfer-28-million-worth-of-bitcoin-from-2016-breach-760x428.jpg 760w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/07\/bitfinex-hackers-transfer-28-million-worth-of-bitcoin-from-2016-breach.jpg 1280w\" sizes=\"auto, (max-width: 696px) 100vw, 696px\"><\/p>\n<p><strong>Around 2,500 stolen bitcoins ($28 million) from the 2016 Bitfinex breach were transferred from the hacker&rsquo;s wallet on Monday.<\/strong><\/p>\n<p>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 <a href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\">market capitalization<\/a> touched new price highs for 2020 on July 27.<\/p>\n<p>At 6:15 p.m. (ET) on Monday, <a href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\">bitcoin (BTC)<\/a> reached $11,379 per coin on Bitfinex. The hackers moved the $28 million worth of <a href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> in various fractions six hours prior to the price high, according to statistics from the <a href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> transaction tracker <a href=\"https:\/\/whale-alert.io\/\">Whale-alert.io<\/a>.<\/p>\n<blockquote data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#9888;  174.44 <a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&amp;ref_src=twsrc%5Etfw\">#BTC<\/a> (1,815,092 USD) of stolen funds transferred from Bitfinex Hack 2016 to unknown wallet<\/p>\n<p>Tx: <a href=\"https:\/\/t.co\/VA64OqmQKT\">https:\/\/t.co\/VA64OqmQKT<\/a><\/p>\n<p>&mdash; Whale Alert (@whale_alert) <a href=\"https:\/\/twitter.com\/whale_alert\/status\/1287790098143236099?ref_src=twsrc%5Etfw\">July 27, 2020<\/a><\/p>\n<\/blockquote>\n<p>Whale Alert saw a number of large <a href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> transfers on Monday afternoon, but these bitcoins, in particular, stemmed from the 2016 Bitfinex hack and were sent to unknown wallets.<\/p>\n<p>Some transactions were anywhere between 85 <a href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> to 174 <a href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a>, while some were above 400 <a href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> in a single transaction. The series of <a href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> transactions stemming from the Bitfinex hack occurred at precisely 12:41 p.m. ET and another set of transfers at 1:49 p.m.<\/p>\n<figure aria-describedby=\"caption-attachment-402270\"><img loading=\"lazy\" decoding=\"async\" title=\"Hackers Transfer $28 Million Worth of Bitcoin from 2016 Bitfinex Breach\" src=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2020\/07\/bitfinex-hackers-transfer-28-million-worth-of-bitcoin-from-2016-breach2.jpg\" alt=\"Hackers Transfer $28 Million Worth of Bitcoin from 2016 Bitfinex Breach\" width=\"1280\" height=\"720\" srcset=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2020\/07\/bitfinex-hackers-transfer-28-million-worth-of-bitcoin-from-2016-breach2.jpg 1280w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/07\/bitfinex-hackers-transfer-28-million-worth-of-bitcoin-from-2016-breach2-300x169.jpg 300w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/07\/bitfinex-hackers-transfer-28-million-worth-of-bitcoin-from-2016-breach2-1024x576.jpg 1024w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/07\/bitfinex-hackers-transfer-28-million-worth-of-bitcoin-from-2016-breach2-768x432.jpg 768w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/07\/bitfinex-hackers-transfer-28-million-worth-of-bitcoin-from-2016-breach2-696x392.jpg 696w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/07\/bitfinex-hackers-transfer-28-million-worth-of-bitcoin-from-2016-breach2-1068x601.jpg 1068w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/07\/bitfinex-hackers-transfer-28-million-worth-of-bitcoin-from-2016-breach2-747x420.jpg 747w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/07\/bitfinex-hackers-transfer-28-million-worth-of-bitcoin-from-2016-breach2-190x107.jpg 190w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/07\/bitfinex-hackers-transfer-28-million-worth-of-bitcoin-from-2016-breach2-380x214.jpg 380w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/07\/bitfinex-hackers-transfer-28-million-worth-of-bitcoin-from-2016-breach2-760x428.jpg 760w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\"><figcaption>At 6:15 p.m. (ET) on Monday, bitcoin (<a href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a>) reached $11,379 per coin on Bitfinex.<\/figcaption><\/figure>\n<p>The Bitfinex hackers moved a grand total of just over 2,550 <a href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> and at the time, <a href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> was only trading for $10,350 a coin. The bitcoins came from the security breach Bitfinex experienced back in August 2016 when the exchange lost 120,000 <a href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a>.<\/p>\n<p>At the time the entire stash of stolen <a href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> was only worth roughly $72 million, but today those coins are worth $1.3 billion at current prices. Bitfinex is still a popular exchange and it paid customers back by creating an exchange-backed token.<\/p>\n<p>The Bitfinex stolen bitcoins have always been a <a href=\"https:\/\/news.bitcoin.com\/bitcoin-worth-282k-from-the-2016-bitfinex-hack-on-the-move\/\">fan favorite<\/a> to monitor and people are always watching the funds with great interest. The bitcoins have been moved more recently but sat for years prior to the first moves.<\/p>\n<p>With the last move on June 24, the hackers also moved coins on <a href=\"https:\/\/news.bitcoin.com\/bitfinex-hackers-move-another-4-1-million-bitcoin-in-their-biggest-pay-day-yet\/\">June 11<\/a> as well. The Bitfinex hackers transferred roughly $5 million worth of <a href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> in 20 separate transactions. The $28 million worth of bitcoin transactions on Monday has been one of the largest moves yet.<\/p>\n<p><em><strong>What do you think about the Bitfinex hackers moving $28 million worth of <a href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a>? Let us know in the comments section below. <\/strong><\/em><\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/news.bitcoin.com\/hackers-transfer-28-million-worth-of-bitcoin-from-2016-bitfinex-breach\/\">Hackers Transfer $28 Million Worth of Bitcoin from 2016 Bitfinex Breach<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/news.bitcoin.com\/\">Bitcoin News<\/a>.<\/p>\n<p class=\"wpematico_credit\"><small>Powered by <a href=\"http:\/\/www.wpematico.com\" target=\"_blank\" rel=\"noopener noreferrer\">WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Around 2,500 stolen bitcoins ($28 million) from the 2016 Bitfinex breach were transferred from the hacker&rsquo;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 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":49324,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[309],"tags":[],"class_list":["post-49323","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/49323","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=49323"}],"version-history":[{"count":0,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/49323\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/media\/49324"}],"wp:attachment":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}