It's a huge hack — the second-largest ever successful confirmed attack on a bitcoin exchange. Back in 2014, MtGox, then the largest exchange, collapsed after $460 million in bitcoin was stole... Read More
Perhaps BitFinex will indeed do what Bitcoinica, Kronos.io, and Icbit could not and provide a secure and lasting margin trading service for the masses. But perhaps this platform too will fail in the s... Read More
There are perhaps more interesting solutions on the horizon as well. Bitcoin’s programmability in particular may allow for novel solutions to prevent or revert thefts even after they have happened.<... Read More
The text of this report has been updated for clarity.
The Bitfinex hack rocked the bitcoin world when it occurred in early August, resulting in the loss of nearly 120,000 bitcoins. The incident imp... Read More
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