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The Bitcoin currency experienced a bump in the road this morning as it was revealed that Hong Kong based Bitcoin exchange Bitfinex reported that hackers had stolen 119,756 Bitcoins.This is one of the largest hack in the Bitcoin’s history, and highlights one of the flaws of the digital currency–namely the varying security of the different Bitcoin exchanges.The theft amounts to about $77 million at the time of the heist when the Bitcoin currency was valued at $650 per Bitcoin.Shortly after Bitfinax reported the breach, however, investors sold off quantities of Bitcoins and the value plummeted to $440 before rallying back up to around $550 by the end of the day on August 3.Bitfinex took their site down to investigate what had happened and to figure out a solution to amend damages caused by the breach and by the consequent drop in Bitcoin value.According to Zane Tackett the Bitcoins were stolen from users’ segregated wallets.Although hacking seems to be common for Bitcoins, it hasn’t really affected the currency’s long term value.

It has risen steadily throughout the year.The Bitfinex breach does not expose any weaknesses in the security of a blockchain, which is the technology that processes and generates Bitcoins.It is also still unclear whether or not the hackers were able to gain access from outside, or if it was an inside job.Unfortunately it looks like this will spell the end for Bitfinex as they attempt to recoup losses.
bitcoin ccnUser breakup7532 made an observation on Reddit that perhaps the hackers were waiting for price fluctuations in the value of the Bitcoin in order to take advantage of those who were putting up Bitcoins on the exchange in preparation for a sale.
ethereum will failU gotta consider a huge % of ppl had their coins on there for literally less than 24 hrs as they wanted to prep for a sale with the price drop.
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I never keep coins on exchanges.The hacker was smart.Strike during volatility for high volume.The largest Bitcoin hack was in 2014 after MtGox was taken for almost $650 million dollars worth of Bitcoins.The term “goxxed” or “goxxing” is now becoming parlance for a big Bitcoin hack.One user on Reddit claimed that their entire life savings of 12 years was sitting on Bitfinex at the time of the hack.
bitcoin bricks reviewWhether that was a prudent decision is irrelevant, however the fact remains that it was a huge breach and many users were affected.
ethereum price marchDid you have any Bitcoins stolen in this hack?
ethereum crazyDo you use Bitcoins at all?What are your opinions on the digital currency?Leave a comment below.Pasar al contenido principal Listado de Cajeros Bitcoin Puedes contactar con nosotros al teléfono de atención al cliente: 972 296 634 691 540 130 Vídeo explicativo de los cajeros Estado actual de los cajeros: 21/06/17 - 13:35h Carratalá - Alicante C/ Carratalá 35, , Alicante [map] Shelma Joyería - Tarragona Avinguda de Barcelona, 180 , Tarragona [map] Eurocoin Broker - León Fray Luis De León, 27 , León [map] Bitphone - Vigo calle Urzáiz 204 , Vigo [map] Bitphone - Gran Canaria calle Luis Morote 48 derecha , Las Palmas de Gran Canaria [map] Bitphone - Alicante Callosa del segura, 5 , Alicante [map] Centro Comercial Zoco - Madrid Avda.Juan Carlos I nº20 , Collado Villalba [map] Bitphone - Montpellier 23 Bd Jeu de Paume , Montpellier [map] Bitphone - Barcelona Galileu, 11 , Barcelona [map] Modoo, Shopping Center (Asturias) C/ Arturo Álvarez Buylla, 5 , Oviedo [map] Bitphone - Madrid / Cerrado por vacaciones hasta el 25/06/17 c/ cavanilles, 18 , Madrid [map] Boulevard de Vitoria, Shopping Center (Gasteiz) Zaramaga Kalea 1, Vitoria-Gasteiz [map] Marineda City, Shopping Center (A Coruña) Carretera de Baños de Arteixo, 43 , Coruña [map] Centre Comercial Los Fresnos de Gijon (Asturias) Río de Oro 3, Gijón [map] Universitat Pompeu Fabra Poblenou (Barcelona) Roc Boronat 138, Barcelona [map] Bitphone - Madrid Calle de Santa Engracia 36, Madrid [map] Importmàtica (Lleida) Riu Llobregat 4, Lleida [map] Bitphone - Girona avinguda Lluís Pericot 46, Girona [map] Manténgase informado de nuestras últimas noticias!

Subscribirse Empresas del GrupoThe record for the most expensive real estate purchase to be paid for in Bitcoin lasted all of five months.In March, a fully managed villa in Bali, Indonesia sold for more than $500,000 in bitcoin.At the time, it was believed to be the largest bitcoin-funded purchase of real estate in history.Now, a posh Lake Tahoe, California community has broken the record with a land sale for $1.6 million in bitcoin (in photo, above).Martis Camp, which bills itself as “North Lake Tahoe’s premier luxury real estate community,” has sold a 1.4-acre home-building site to an undisclosed buyer for $1.6 million worth of the virtual currency.“Many of our buyers are in the tech-sector and are early adopters of bitcoin,” Martis Camp Sales Director Brian Hull said.“We understand the importance of adapting to cutting edge purchasing methods, including the use of virtual currencies.” For the $1.6 million in bitcoin, the unknown buyer will get the 1.4-acre home site in the Martis Camp’s Lodge Estates section.

Martis Camp itself is a private, gated community that is spread across 2,177 acres.Its residents have private ski access in the winter and access to a Tom Fazio-designed 18-hole golf course in the warmer months.The picture below is a custom home built in the Martis Camp community.The community also features a bowling alley, art loft, movie theater, indoor basketball court, soda fountain and outdoor performance amphitheater, plus an 18-hole putting park, sporting fields, spa, 26 miles of private hiking trails and a private mountain clubhouse at the base of Lookout Mountain.All that for only $1.6 million in bitcoin, in a transaction that Hull called “simple.” “An invoice was sent and the buyer’s bitcoin was easily transferred into U.S.dollars to complete the sale,” Hull said.“We now welcome the opportunity to work with buyers and their bitcoin through the Bitpay service.” Bitpay is a service that converts the digital currency into actual hard currency.For those new to digital currency, Bitcoins are a long series of incredibly complex, military-grade encrypted alphanumeric characters that can be stored on a piece of paper, in a digital wallet or on an individual computer.

Bitcoin is subject to wild fluctuations in value as its value is based purely on supply and demand, unlike the dollar and other national currencies that have fiat value or are pegged to precious metals.As of the time of this writing, a single bitcoin is valued on most exchanges at around $547.But purchases involving bitcoin are becoming more commonplace., all accept bitcoin currently.Bitcoin’s place in the real estate transaction is still relatively new, but it is growing.It’s also a topic that’s been on HousingWire’s radar for some time.The March issue of our print magazine includes a story on the first real estate and real estate financial firms in North America to accept Bitcoin for everything from broker fees to actual investment.The watershed moment for real estate may have come in early February, when the nascent startup RealtyShares in San Francisco announced it would be the first, as far as anyone can know, real estate investment firm to accept Bitcoin for its crowdfunding real estate investment platform.