Wednesday, August 3, 2016

Crypto currencies and electronic money allow bigger and faster bank heists

the inusability of crypto currencies as money for now.



http://mashable.com/2016/08/03/bitfinex-hacked/#nVD_2p24dmqS

Prominent Bitcoin exchange Bitfinex was hacked Wednesday, leading to a rumoured loss of bitcoin worth up to $65 million.

The Hong Kong company halted trading on its website, where a notice states: "Today we discovered a security breach that requires us to halt all trading on Bitfinex, as well as halt all digital token deposits to and withdrawals from Bitfinex."
looks like a trade setup


Largest heists in Bitcoin:
1) MtGox: 850,000 BTC
2) Silk Road: 171,955 BTC
3) @Bitfinex: 119,756 BTC
4) MyBitcoin: 78,739 BTC