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Bitcoin worth $72 million stolen from Bitfinex exchange in Hong Kong
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
The Gold Mine Barrick Might Regret Having Sold
K92 Mining is poised for production at its Papua New Guinea gold project and has just listed on the Toronto Venture exchange under the symbol KNT.V.
The gold mining startup came together during one of the toughest periods in mining history.
K92's main asset is the Kainantu project, a large high-grade gold resource with extensive infrastructure including underground mine development, a mill processing facility, a fully permitted tailings pond, and paved roads. The infrastructure means K92 can aim to restart mining in the near term with minimal capital costs and seek to grow through cash-flow funded exploration on the roughly 405-square kilometer property, considered prospective for additional discoveries.
For more information, please visit:
https://ceo.ca/@tommy/the-gold-mine-barrick-might-regret-selling
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New Orleans Investment Conference
Wednesday-Saturday, October 26-29, 2016
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