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The Bitfinex cryptocurrency exchange was hacked in August 2016. [1] 119,756 bitcoin, worth about US$72 million at the time, was stolen.[1]In February 2022, the US government recovered and seized a portion of the stolen bitcoin, then worth US$3.6 billion, [2] by decrypting a file owned by Ilya Lichtenstein that contained addresses and private keys associated with the stolen funds. [3]
The hack worsened an already ongoing cryptocurrency selloff by an additional $42 billion. [19] On July 9, 2018, the exchange Bancor, whose code and fundraising had been subjects of controversy, had $23.5 million in cryptocurrency stolen. [20] [21] Zaif US$60 million in Bitcoin, Bitcoin Cash and Monacoin was stolen in September 2018 [22]
On November 9, 2021, a raid on his Gainesville, Georgia, home resulted in the seizure of about 50,676 bitcoin, then valued at over $3.36 billion. [8] Zhong cooperated with investigators, forfeited all of his bitcoin and pled guilty to one count of wire fraud. [9] In April 2023, Zhong was sentenced to a year and a day in prison. [1]
Cryptojacking is the act of exploiting a computer to mine cryptocurrencies, often through websites, [1] [2] [3] against the user's will or while the user is unaware. [4] One notable piece of software used for cryptojacking was Coinhive, which was used in over two-thirds of cryptojacks before its March 2019 shutdown. [5]
Bitcoin (abbreviation: BTC; sign: ₿) is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 by Satoshi Nakamoto, an unknown entity (person or persons). [5] Use of bitcoin as a currency began in 2009, [6] with the release of its open-source implementation.
Cheating in video games involves a video game player using various methods to create an advantage beyond normal gameplay, usually in order to make the game easier.Cheats may be activated from within the game itself (a cheat code implemented by the original game developers), or created by third-party software (a game trainer or debugger) or hardware (a cheat cartridge).
Fortnite Battle Royale is a 2017 battle royale video game produced by Epic Games.It was originally developed as a companion game part of the early access version of Fortnite: Save the World, a cooperative survival game, before separating from it and then dropping the early access label on June 29, 2020.
A bitcoin may be considered either a good or a thing under the Argentina's Civil Code, and transactions with bitcoins may be governed by the rules for the sale of goods under the Civil Code. [3]: Argentina On May 5, 2022, the Central Bank of Argentina banned financial institutions to facilitate any cryptocurrency-related transactions.