Bitfinex says expects ‘socialized loss’ for $72 million bitcoin hack

  • The Royal Bank of Scotland said it made a net loss of £1.077 billion in the three months to June 30 More ” Royal Bank of Scotland slumps into second-quarter loss
  • Half year figures released by Royal Bank of Scotland (LSE: RBS.L – news) indicate a £2.04bn loss for
  • HONG KONG (Reuters) – Hong Kong-based crypto-currency exchange Bitfinex, from which hackers stole about US$72 million worth of bitcoin this week, said on Friday that it expected to “socialize” the losses among bitcoin balances.
  • Quotes and other information supplied by independent providers identified on the Yahoo!
  • The history of bitcoin is littered with spectacular digital heists.

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‘Bitfinex says expects ‘socialized loss’ for $72 million bitcoin hack’ on Yahoo Finance UK. Hong Kong-based crypto-currency exchange Bitfinex, from which hackers stole about US$72 million worth of bitcoin this week, said on Friday that it expected to “socialize” the losses among bitcoin balances. In dollar terms, the theft of the 119,756 bitcoin revealed on Tuesday was the second-biggest security breach ever of a digital currency exchange. The theft accounted for about 0.75 percent of all bitcoins in circulation.


Bitfinex says expects ‘socialized loss’ for $72 million bitcoin hack