Crypto Currency

Someone has transferred ~$1 billion from a bitcoin wallet quiet since 2015

EnlargeGeorge / Getty Images reader comments 142 with 108 posters participating Share this story Share on Facebook Share on Twitter Share on Reddit The US Attorney’s office in San Francisco has revealed that it’s behind the mysterious transfer. See this story for the latest. Nearly $1 billion in bitcoin has been transferred out of a…

A pile of coins with the bitcoin logo sits atop a laptop keyboard.
Enlarge
George / Getty Images

reader comments

142 with 108 posters participating

The US Attorney’s office in San Francisco has revealed that it’s behind the mysterious transfer. See this story for the latest.

Nearly $1 billion in bitcoin has been transferred out of a mysterious wallet that has been quiet since 2015.

The haul of slightly more than 69,369 BTC—worth about $975 million at the time this post went live—was moved out in the past 24 hours, the bitcoin ledger shows. Alon Gal, co-founder and CTO of security firm Hudson Rock, was among the first—if not the first—to report the transaction.

“UNBELIEVABLE,” he wrote. “Someone was able to crack the password of the bitcoin wallet I reported on only a short time ago and spend the $1,000,000,000 that was inside it!” Gal went on to say that it wasn’t clear if the person responsible was the original wallet owner or someone who pulled off the unlikely feat of cracking the password.

Tom Robinson, co-founder and chief scientist of blockchain analysis firm Elliptic, said on Twitter that the bitcoin wallet is the world’s fourt

!–>
Read More

Be the first to write a comment.

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto Currency

US charges Google security engineer with Polymarket insider trading

A Google security engineer was charged with insider trading after winning $1.2 million using confidential company data to place bets on the cryptocurrency-based Polymarket decentralized prediction market. …

A Google security engineer was charged with insider trading after winning $1.2 million using confidential company data to place bets on the cryptocurrency-based Polymarket decentralized prediction market. …
Read More

Continue Reading
Crypto Currency

Bitcoin Structure Mirrors 2022 Bottom – But There’s a Big Catch

Actually, there might be more than one signal suggesting BTC could be heading for another correction soon…

Actually, there might be more than one signal suggesting BTC could be heading for another correction soon…
Read More

Continue Reading
Crypto Currency

Cybet Expands with New Crypto Casino Platform Offering Digital Games and Payments

Cybet has announced the launch and expansion of its cryptocurrency-based online casino platform, designed to provide users with access to digital casino games and blockchain-based payment options. The platform operates using major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and USDT, enabling users to make deposits and withdrawals through blockchain transactions…

Cybet has announced the launch and expansion of its cryptocurrency-based online casino platform, designed to provide users with access to digital casino games and blockchain-based payment options. The platform operates using major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and USDT, enabling users to make deposits and withdrawals through blockchain transactions…
Read More

Continue Reading
Crypto Currency

Bitcoin risks extended retreat as April rally was futures-driven: CryptoQuant

Futures drove up Bitcoin’s price in April while spot demand declined, which CryptoQuant warned has historically preceded extended price declines…

Futures drove up Bitcoin’s price in April while spot demand declined, which CryptoQuant warned has historically preceded extended price declines…
Read More

Continue Reading