Only 4% of nearly 120,000 Bitcoin (around $7 billion today) stolen by a hacker from crypto exchange Bitfinex in 2016 have been laundered so far—and it will take the thieves over a century to cash out their bounty in full, according to blockchain intelligence firm Elliptic.According to the report published on Thursday, 79% of the stolen funds hadn’t moved to this day and still … [Read more...] about Bitfinex hacker will need 114 years to launder $7 billion worth of stolen Bitcoin
Hacker
Hacker makes off with $5.7m after ransacking social token platform
Social token platform Roll suffered a hot wallet breach, resulting in hackers draining at least 3,000 ETH worth $5.7 million on March 15. At roughly 8am UTC, digital asset management platform MyCrypto reported that a hacker may have compromised the private keys for Roll’s hot wallet, allowing them to transfer funds from users’ accounts at will. After approximately 12 hours, … [Read more...] about Hacker makes off with $5.7m after ransacking social token platform