Bitcoin worth $72 million stolen from Bitfinex exchange in Hong Kong

Section:

By Clare Baldwin
Reuters
Wednesday, August 3, 2016

HONG KONG -- Nearly 120,000 units of digital currency bitcoin worth about $72 million were stolen from the exchange platform Bitfinex in Hong Kong, rattling the global bitcoin community in the second-biggest security breach ever of such an exchange.

Bitfinex is the world's largest dollar-based exchange for bitcoin, and is known in the digital currency community for having deep liquidity in the U.S. dollar/bitcoin currency pair.

Zane Tackett, director of community and product development for Bitfinex, told Reuters that 119,756 bitcoin had been stolen from users' accounts and that the exchange had not yet decided how to address customer losses.

"The bitcoin was stolen from users' segregated wallets," he said. ...

... For the remainder of the report:

http://www.reuters.com/article/us-bitfinex-hacked-hongkong-idUSKCN10E0KP



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