Bitcoin

Bitfinex Hacked 119,756 BTC Stolen

Brief:


Bitfinex hacked 119,756 BTC is stolen. Bitcoin is down -11.17% on the day on a last price of 536.07. BTC/USD is trading between a 24hr high of 623.38 and a 24hr low of 477.93 on a 24hr volume of 14465 BTC. The weekly trend is mixed.

Last price

536.07 BTC/USD

$USD

last price $ 536.07
one week ago $ 655.12
percentage -18.17%

Volume

Volume

The 24 hour volume on Okcoin is 14465 BTCUSD.

Remarks

bitfinex-breach-2016-08-02

Bitfinex Hacked 61 Million Stolen

Bitfinex reports that bitcoins were stolen from their leading BTCUSD bitcoin exchange. The exchange carries a solid industry reputation for integrity and customer service. The coins, just bitcoins and not other digital assets, are valued at approximately 61 million dollars.

According to industry sources “the attackers appear to have bypassed Bitfinex’s mandated limits on withdrawals”.

On their website Bitfinex states “While we are halting all operations at this time, we can confirm that the breach was limited to bitcoin wallets; the other digital tokens traded on Bitfinex are unaffected. We will post updates as and when appropriate on our status page”.

Bitfinex Status Page
https://bitfinex.statuspage.io/

Price of bitcoin
The price of bitcoin dropped -11.17% on the worlds biggest bitcoin exchange OKCoin. Further negative fallout in the short term could be expected.

Price change

Price change is the percentage change within the period:

period change
day -11.17%
week -18.17%
month -23.96%

Chart

Tap or click chart to enlarge:

chart-okcoin-btc-usd-2016-08-02

Data source

Okcoin is the data source for this market report.

Market capitalization

Market capitalization is the total $US dollar value of the Bitcoin market calculated using the formula:

market cap = ( available supply x last price )
Market cap Available supply Last price
$ 8,465,180,007 15791184 $ 536.07

Daily High Low

daily high 623.38
daily low 477.93

Trend

The weekly trend is mixed.

trend is MIXED

Margin trading

yes

The data source Okcoin offers margin trading on this digital asset.

Market sentiment

Market sentiment is bearish.

sentiment bearish

Image courtesy Pixabay.com

Summary

Bitcoin theft on Bitfinex results in BTCUSD down -11.17% on the day, down -18.17% on the week and down -23.96% on the month. The weekly trend is mixed. Market sentiment is bearish. Further negative fallout could be expected in the short term.

Disclaimer

Past history is NOT an indicator of future results. Read the legal disclaimer:

http://kittybitcoin.com/docs/disclaimer.php

Printed

This report was printed on Wednesday August 03 2016 06:48 hours UTC. Contact KittyBitcoin to request custom reports.

Thanks for reading! 🙂

Tags

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@KittyBitcoin supplies mobile friendly blockchain intelligence on http://kittybitcoin.com. Their favorite color is pink and the bigger the wool ball the better.
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