\n

This is one step closer to making a safer environment for the vast public to join the cryptocurrency ecosystem with the confidence of knowing that illegal activities aren't as anonymous as people make it out to seem.<\/p>\n\n\n\n

\u201cCryptocurrency and the virtual currency exchanges trading in it comprise an expanding part of the U.S. financial system, but digital currency heists executed through complex money laundering schemes could undermine confidence in cryptocurrency...The Department of Justice and our office stand ready to confront these threats by using 21st century investigative techniques to recover the stolen funds and to hold the perpetrators accountable.\u201d<\/em><\/strong><\/p>Matthew M. Graves, US Attorney For The District Of Columbia<\/cite><\/blockquote>\n","post_title":"119k Bitcoin Seized In Relation To 2016 BitFinex Hack","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"119k-bitcoin-seized-in-relation-to-2016-bitfinex-hack","to_ping":"","pinged":"","post_modified":"2023-04-11 12:55:29","post_modified_gmt":"2023-04-11 02:55:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3428","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Creating A Safer Cryptocurrency Ecosystem<\/h2>\n\n\n\n

This is one step closer to making a safer environment for the vast public to join the cryptocurrency ecosystem with the confidence of knowing that illegal activities aren't as anonymous as people make it out to seem.<\/p>\n\n\n\n

\u201cCryptocurrency and the virtual currency exchanges trading in it comprise an expanding part of the U.S. financial system, but digital currency heists executed through complex money laundering schemes could undermine confidence in cryptocurrency...The Department of Justice and our office stand ready to confront these threats by using 21st century investigative techniques to recover the stolen funds and to hold the perpetrators accountable.\u201d<\/em><\/strong><\/p>Matthew M. Graves, US Attorney For The District Of Columbia<\/cite><\/blockquote>\n","post_title":"119k Bitcoin Seized In Relation To 2016 BitFinex Hack","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"119k-bitcoin-seized-in-relation-to-2016-bitfinex-hack","to_ping":"","pinged":"","post_modified":"2023-04-11 12:55:29","post_modified_gmt":"2023-04-11 02:55:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3428","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

\u201cCriminals always leave tracks, and today\u2019s case is a reminder that the FBI has the tools to follow the digital trail, wherever it may lead,\u201d<\/em><\/strong><\/p>Paul M. Abbate, FBI Deputy Director<\/cite><\/blockquote>\n\n\n\n

Creating A Safer Cryptocurrency Ecosystem<\/h2>\n\n\n\n

This is one step closer to making a safer environment for the vast public to join the cryptocurrency ecosystem with the confidence of knowing that illegal activities aren't as anonymous as people make it out to seem.<\/p>\n\n\n\n

\u201cCryptocurrency and the virtual currency exchanges trading in it comprise an expanding part of the U.S. financial system, but digital currency heists executed through complex money laundering schemes could undermine confidence in cryptocurrency...The Department of Justice and our office stand ready to confront these threats by using 21st century investigative techniques to recover the stolen funds and to hold the perpetrators accountable.\u201d<\/em><\/strong><\/p>Matthew M. Graves, US Attorney For The District Of Columbia<\/cite><\/blockquote>\n","post_title":"119k Bitcoin Seized In Relation To 2016 BitFinex Hack","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"119k-bitcoin-seized-in-relation-to-2016-bitfinex-hack","to_ping":"","pinged":"","post_modified":"2023-04-11 12:55:29","post_modified_gmt":"2023-04-11 02:55:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3428","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Authorities have acknowledged that the suspects were allegedly able to break the BTC transaction flows, but they still were able to track the funds as the individuals were in the U.S. and used several Know Your Customer platforms with traceable IPs.<\/p>\n\n\n\n

\u201cCriminals always leave tracks, and today\u2019s case is a reminder that the FBI has the tools to follow the digital trail, wherever it may lead,\u201d<\/em><\/strong><\/p>Paul M. Abbate, FBI Deputy Director<\/cite><\/blockquote>\n\n\n\n

Creating A Safer Cryptocurrency Ecosystem<\/h2>\n\n\n\n

This is one step closer to making a safer environment for the vast public to join the cryptocurrency ecosystem with the confidence of knowing that illegal activities aren't as anonymous as people make it out to seem.<\/p>\n\n\n\n

\u201cCryptocurrency and the virtual currency exchanges trading in it comprise an expanding part of the U.S. financial system, but digital currency heists executed through complex money laundering schemes could undermine confidence in cryptocurrency...The Department of Justice and our office stand ready to confront these threats by using 21st century investigative techniques to recover the stolen funds and to hold the perpetrators accountable.\u201d<\/em><\/strong><\/p>Matthew M. Graves, US Attorney For The District Of Columbia<\/cite><\/blockquote>\n","post_title":"119k Bitcoin Seized In Relation To 2016 BitFinex Hack","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"119k-bitcoin-seized-in-relation-to-2016-bitfinex-hack","to_ping":"","pinged":"","post_modified":"2023-04-11 12:55:29","post_modified_gmt":"2023-04-11 02:55:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3428","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Members of the crypto community added how \u201ceasy\u201d it is to track funds moved around certain blockchains, calling digital assets a safer alternative to cash as public ledgers discourage criminals from operating on-chain.<\/p>\n\n\n\n

Authorities have acknowledged that the suspects were allegedly able to break the BTC transaction flows, but they still were able to track the funds as the individuals were in the U.S. and used several Know Your Customer platforms with traceable IPs.<\/p>\n\n\n\n

\u201cCriminals always leave tracks, and today\u2019s case is a reminder that the FBI has the tools to follow the digital trail, wherever it may lead,\u201d<\/em><\/strong><\/p>Paul M. Abbate, FBI Deputy Director<\/cite><\/blockquote>\n\n\n\n

Creating A Safer Cryptocurrency Ecosystem<\/h2>\n\n\n\n

This is one step closer to making a safer environment for the vast public to join the cryptocurrency ecosystem with the confidence of knowing that illegal activities aren't as anonymous as people make it out to seem.<\/p>\n\n\n\n

\u201cCryptocurrency and the virtual currency exchanges trading in it comprise an expanding part of the U.S. financial system, but digital currency heists executed through complex money laundering schemes could undermine confidence in cryptocurrency...The Department of Justice and our office stand ready to confront these threats by using 21st century investigative techniques to recover the stolen funds and to hold the perpetrators accountable.\u201d<\/em><\/strong><\/p>Matthew M. Graves, US Attorney For The District Of Columbia<\/cite><\/blockquote>\n","post_title":"119k Bitcoin Seized In Relation To 2016 BitFinex Hack","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"119k-bitcoin-seized-in-relation-to-2016-bitfinex-hack","to_ping":"","pinged":"","post_modified":"2023-04-11 12:55:29","post_modified_gmt":"2023-04-11 02:55:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3428","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The suspects identified as Ilya Lichtenstein (34) and his wife Heather Morgan (31), were arrested in Manhattan, New York. Deputy Attorney General Lisa Monaco stated that the arrest was \"one of the largest in terms of financial seizure in history.\"<\/p>\n\n\n\n

Members of the crypto community added how \u201ceasy\u201d it is to track funds moved around certain blockchains, calling digital assets a safer alternative to cash as public ledgers discourage criminals from operating on-chain.<\/p>\n\n\n\n

Authorities have acknowledged that the suspects were allegedly able to break the BTC transaction flows, but they still were able to track the funds as the individuals were in the U.S. and used several Know Your Customer platforms with traceable IPs.<\/p>\n\n\n\n

\u201cCriminals always leave tracks, and today\u2019s case is a reminder that the FBI has the tools to follow the digital trail, wherever it may lead,\u201d<\/em><\/strong><\/p>Paul M. Abbate, FBI Deputy Director<\/cite><\/blockquote>\n\n\n\n

Creating A Safer Cryptocurrency Ecosystem<\/h2>\n\n\n\n

This is one step closer to making a safer environment for the vast public to join the cryptocurrency ecosystem with the confidence of knowing that illegal activities aren't as anonymous as people make it out to seem.<\/p>\n\n\n\n

\u201cCryptocurrency and the virtual currency exchanges trading in it comprise an expanding part of the U.S. financial system, but digital currency heists executed through complex money laundering schemes could undermine confidence in cryptocurrency...The Department of Justice and our office stand ready to confront these threats by using 21st century investigative techniques to recover the stolen funds and to hold the perpetrators accountable.\u201d<\/em><\/strong><\/p>Matthew M. Graves, US Attorney For The District Of Columbia<\/cite><\/blockquote>\n","post_title":"119k Bitcoin Seized In Relation To 2016 BitFinex Hack","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"119k-bitcoin-seized-in-relation-to-2016-bitfinex-hack","to_ping":"","pinged":"","post_modified":"2023-04-11 12:55:29","post_modified_gmt":"2023-04-11 02:55:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3428","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

A couple has just been arrested and $3.6 billion in stolen cryptocurrencies seized, directly linked to the 2016 hack of exchange BitFinex. The report<\/a> comes directly from the United States Department of Justice, stating that 119,754 Bitcoin has been recovered.<\/p>\n\n\n\n

The suspects identified as Ilya Lichtenstein (34) and his wife Heather Morgan (31), were arrested in Manhattan, New York. Deputy Attorney General Lisa Monaco stated that the arrest was \"one of the largest in terms of financial seizure in history.\"<\/p>\n\n\n\n

Members of the crypto community added how \u201ceasy\u201d it is to track funds moved around certain blockchains, calling digital assets a safer alternative to cash as public ledgers discourage criminals from operating on-chain.<\/p>\n\n\n\n

Authorities have acknowledged that the suspects were allegedly able to break the BTC transaction flows, but they still were able to track the funds as the individuals were in the U.S. and used several Know Your Customer platforms with traceable IPs.<\/p>\n\n\n\n

\u201cCriminals always leave tracks, and today\u2019s case is a reminder that the FBI has the tools to follow the digital trail, wherever it may lead,\u201d<\/em><\/strong><\/p>Paul M. Abbate, FBI Deputy Director<\/cite><\/blockquote>\n\n\n\n

Creating A Safer Cryptocurrency Ecosystem<\/h2>\n\n\n\n

This is one step closer to making a safer environment for the vast public to join the cryptocurrency ecosystem with the confidence of knowing that illegal activities aren't as anonymous as people make it out to seem.<\/p>\n\n\n\n

\u201cCryptocurrency and the virtual currency exchanges trading in it comprise an expanding part of the U.S. financial system, but digital currency heists executed through complex money laundering schemes could undermine confidence in cryptocurrency...The Department of Justice and our office stand ready to confront these threats by using 21st century investigative techniques to recover the stolen funds and to hold the perpetrators accountable.\u201d<\/em><\/strong><\/p>Matthew M. Graves, US Attorney For The District Of Columbia<\/cite><\/blockquote>\n","post_title":"119k Bitcoin Seized In Relation To 2016 BitFinex Hack","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"119k-bitcoin-seized-in-relation-to-2016-bitfinex-hack","to_ping":"","pinged":"","post_modified":"2023-04-11 12:55:29","post_modified_gmt":"2023-04-11 02:55:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3428","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Are we going to see another collapse of the hash rates just after it reached an ATH, or will the miners recover quickly to keep the hash rate at its peak?<\/p>\n","post_title":"New ATH For Bitcoin Hashrate","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"new-ath-for-bitcoin-hashrate","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/what-is-a-mining-hashrate\/","post_modified":"2023-04-11 12:55:12","post_modified_gmt":"2023-04-11 02:55:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3460","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3428,"post_author":"1","post_date":"2022-02-09 18:32:27","post_date_gmt":"2022-02-09 07:32:27","post_content":"\n

A couple has just been arrested and $3.6 billion in stolen cryptocurrencies seized, directly linked to the 2016 hack of exchange BitFinex. The report<\/a> comes directly from the United States Department of Justice, stating that 119,754 Bitcoin has been recovered.<\/p>\n\n\n\n

The suspects identified as Ilya Lichtenstein (34) and his wife Heather Morgan (31), were arrested in Manhattan, New York. Deputy Attorney General Lisa Monaco stated that the arrest was \"one of the largest in terms of financial seizure in history.\"<\/p>\n\n\n\n

Members of the crypto community added how \u201ceasy\u201d it is to track funds moved around certain blockchains, calling digital assets a safer alternative to cash as public ledgers discourage criminals from operating on-chain.<\/p>\n\n\n\n

Authorities have acknowledged that the suspects were allegedly able to break the BTC transaction flows, but they still were able to track the funds as the individuals were in the U.S. and used several Know Your Customer platforms with traceable IPs.<\/p>\n\n\n\n

\u201cCriminals always leave tracks, and today\u2019s case is a reminder that the FBI has the tools to follow the digital trail, wherever it may lead,\u201d<\/em><\/strong><\/p>Paul M. Abbate, FBI Deputy Director<\/cite><\/blockquote>\n\n\n\n

Creating A Safer Cryptocurrency Ecosystem<\/h2>\n\n\n\n

This is one step closer to making a safer environment for the vast public to join the cryptocurrency ecosystem with the confidence of knowing that illegal activities aren't as anonymous as people make it out to seem.<\/p>\n\n\n\n

\u201cCryptocurrency and the virtual currency exchanges trading in it comprise an expanding part of the U.S. financial system, but digital currency heists executed through complex money laundering schemes could undermine confidence in cryptocurrency...The Department of Justice and our office stand ready to confront these threats by using 21st century investigative techniques to recover the stolen funds and to hold the perpetrators accountable.\u201d<\/em><\/strong><\/p>Matthew M. Graves, US Attorney For The District Of Columbia<\/cite><\/blockquote>\n","post_title":"119k Bitcoin Seized In Relation To 2016 BitFinex Hack","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"119k-bitcoin-seized-in-relation-to-2016-bitfinex-hack","to_ping":"","pinged":"","post_modified":"2023-04-11 12:55:29","post_modified_gmt":"2023-04-11 02:55:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3428","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

After a majority of the miners shifted from China to Khazakstan after the ban, political chaos and power shortages are causing miners to pack up and move once again out of Khazakstan, which became the second-largest Bitcoin mining country only behind the United States.((https:\/\/globelynews.com\/world\/world-top-bitcoin-crypto-mining-countries\/))<\/p>\n\n\n\n

Are we going to see another collapse of the hash rates just after it reached an ATH, or will the miners recover quickly to keep the hash rate at its peak?<\/p>\n","post_title":"New ATH For Bitcoin Hashrate","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"new-ath-for-bitcoin-hashrate","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/what-is-a-mining-hashrate\/","post_modified":"2023-04-11 12:55:12","post_modified_gmt":"2023-04-11 02:55:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3460","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3428,"post_author":"1","post_date":"2022-02-09 18:32:27","post_date_gmt":"2022-02-09 07:32:27","post_content":"\n

A couple has just been arrested and $3.6 billion in stolen cryptocurrencies seized, directly linked to the 2016 hack of exchange BitFinex. The report<\/a> comes directly from the United States Department of Justice, stating that 119,754 Bitcoin has been recovered.<\/p>\n\n\n\n

The suspects identified as Ilya Lichtenstein (34) and his wife Heather Morgan (31), were arrested in Manhattan, New York. Deputy Attorney General Lisa Monaco stated that the arrest was \"one of the largest in terms of financial seizure in history.\"<\/p>\n\n\n\n

Members of the crypto community added how \u201ceasy\u201d it is to track funds moved around certain blockchains, calling digital assets a safer alternative to cash as public ledgers discourage criminals from operating on-chain.<\/p>\n\n\n\n

Authorities have acknowledged that the suspects were allegedly able to break the BTC transaction flows, but they still were able to track the funds as the individuals were in the U.S. and used several Know Your Customer platforms with traceable IPs.<\/p>\n\n\n\n

\u201cCriminals always leave tracks, and today\u2019s case is a reminder that the FBI has the tools to follow the digital trail, wherever it may lead,\u201d<\/em><\/strong><\/p>Paul M. Abbate, FBI Deputy Director<\/cite><\/blockquote>\n\n\n\n

Creating A Safer Cryptocurrency Ecosystem<\/h2>\n\n\n\n

This is one step closer to making a safer environment for the vast public to join the cryptocurrency ecosystem with the confidence of knowing that illegal activities aren't as anonymous as people make it out to seem.<\/p>\n\n\n\n

\u201cCryptocurrency and the virtual currency exchanges trading in it comprise an expanding part of the U.S. financial system, but digital currency heists executed through complex money laundering schemes could undermine confidence in cryptocurrency...The Department of Justice and our office stand ready to confront these threats by using 21st century investigative techniques to recover the stolen funds and to hold the perpetrators accountable.\u201d<\/em><\/strong><\/p>Matthew M. Graves, US Attorney For The District Of Columbia<\/cite><\/blockquote>\n","post_title":"119k Bitcoin Seized In Relation To 2016 BitFinex Hack","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"119k-bitcoin-seized-in-relation-to-2016-bitfinex-hack","to_ping":"","pinged":"","post_modified":"2023-04-11 12:55:29","post_modified_gmt":"2023-04-11 02:55:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3428","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

After a steep decline in July of 2021 due to the banning of cryptocurrencies in China, numbers have steadily recovered and seem to be on an upwards trajectory.<\/p>\n\n\n\n

After a majority of the miners shifted from China to Khazakstan after the ban, political chaos and power shortages are causing miners to pack up and move once again out of Khazakstan, which became the second-largest Bitcoin mining country only behind the United States.((https:\/\/globelynews.com\/world\/world-top-bitcoin-crypto-mining-countries\/))<\/p>\n\n\n\n

Are we going to see another collapse of the hash rates just after it reached an ATH, or will the miners recover quickly to keep the hash rate at its peak?<\/p>\n","post_title":"New ATH For Bitcoin Hashrate","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"new-ath-for-bitcoin-hashrate","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/what-is-a-mining-hashrate\/","post_modified":"2023-04-11 12:55:12","post_modified_gmt":"2023-04-11 02:55:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3460","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3428,"post_author":"1","post_date":"2022-02-09 18:32:27","post_date_gmt":"2022-02-09 07:32:27","post_content":"\n

A couple has just been arrested and $3.6 billion in stolen cryptocurrencies seized, directly linked to the 2016 hack of exchange BitFinex. The report<\/a> comes directly from the United States Department of Justice, stating that 119,754 Bitcoin has been recovered.<\/p>\n\n\n\n

The suspects identified as Ilya Lichtenstein (34) and his wife Heather Morgan (31), were arrested in Manhattan, New York. Deputy Attorney General Lisa Monaco stated that the arrest was \"one of the largest in terms of financial seizure in history.\"<\/p>\n\n\n\n

Members of the crypto community added how \u201ceasy\u201d it is to track funds moved around certain blockchains, calling digital assets a safer alternative to cash as public ledgers discourage criminals from operating on-chain.<\/p>\n\n\n\n

Authorities have acknowledged that the suspects were allegedly able to break the BTC transaction flows, but they still were able to track the funds as the individuals were in the U.S. and used several Know Your Customer platforms with traceable IPs.<\/p>\n\n\n\n

\u201cCriminals always leave tracks, and today\u2019s case is a reminder that the FBI has the tools to follow the digital trail, wherever it may lead,\u201d<\/em><\/strong><\/p>Paul M. Abbate, FBI Deputy Director<\/cite><\/blockquote>\n\n\n\n

Creating A Safer Cryptocurrency Ecosystem<\/h2>\n\n\n\n

This is one step closer to making a safer environment for the vast public to join the cryptocurrency ecosystem with the confidence of knowing that illegal activities aren't as anonymous as people make it out to seem.<\/p>\n\n\n\n

\u201cCryptocurrency and the virtual currency exchanges trading in it comprise an expanding part of the U.S. financial system, but digital currency heists executed through complex money laundering schemes could undermine confidence in cryptocurrency...The Department of Justice and our office stand ready to confront these threats by using 21st century investigative techniques to recover the stolen funds and to hold the perpetrators accountable.\u201d<\/em><\/strong><\/p>Matthew M. Graves, US Attorney For The District Of Columbia<\/cite><\/blockquote>\n","post_title":"119k Bitcoin Seized In Relation To 2016 BitFinex Hack","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"119k-bitcoin-seized-in-relation-to-2016-bitfinex-hack","to_ping":"","pinged":"","post_modified":"2023-04-11 12:55:29","post_modified_gmt":"2023-04-11 02:55:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3428","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\"\"<\/figure>\n\n\n\n

After a steep decline in July of 2021 due to the banning of cryptocurrencies in China, numbers have steadily recovered and seem to be on an upwards trajectory.<\/p>\n\n\n\n

After a majority of the miners shifted from China to Khazakstan after the ban, political chaos and power shortages are causing miners to pack up and move once again out of Khazakstan, which became the second-largest Bitcoin mining country only behind the United States.((https:\/\/globelynews.com\/world\/world-top-bitcoin-crypto-mining-countries\/))<\/p>\n\n\n\n

Are we going to see another collapse of the hash rates just after it reached an ATH, or will the miners recover quickly to keep the hash rate at its peak?<\/p>\n","post_title":"New ATH For Bitcoin Hashrate","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"new-ath-for-bitcoin-hashrate","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/what-is-a-mining-hashrate\/","post_modified":"2023-04-11 12:55:12","post_modified_gmt":"2023-04-11 02:55:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3460","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3428,"post_author":"1","post_date":"2022-02-09 18:32:27","post_date_gmt":"2022-02-09 07:32:27","post_content":"\n

A couple has just been arrested and $3.6 billion in stolen cryptocurrencies seized, directly linked to the 2016 hack of exchange BitFinex. The report<\/a> comes directly from the United States Department of Justice, stating that 119,754 Bitcoin has been recovered.<\/p>\n\n\n\n

The suspects identified as Ilya Lichtenstein (34) and his wife Heather Morgan (31), were arrested in Manhattan, New York. Deputy Attorney General Lisa Monaco stated that the arrest was \"one of the largest in terms of financial seizure in history.\"<\/p>\n\n\n\n

Members of the crypto community added how \u201ceasy\u201d it is to track funds moved around certain blockchains, calling digital assets a safer alternative to cash as public ledgers discourage criminals from operating on-chain.<\/p>\n\n\n\n

Authorities have acknowledged that the suspects were allegedly able to break the BTC transaction flows, but they still were able to track the funds as the individuals were in the U.S. and used several Know Your Customer platforms with traceable IPs.<\/p>\n\n\n\n

\u201cCriminals always leave tracks, and today\u2019s case is a reminder that the FBI has the tools to follow the digital trail, wherever it may lead,\u201d<\/em><\/strong><\/p>Paul M. Abbate, FBI Deputy Director<\/cite><\/blockquote>\n\n\n\n

Creating A Safer Cryptocurrency Ecosystem<\/h2>\n\n\n\n

This is one step closer to making a safer environment for the vast public to join the cryptocurrency ecosystem with the confidence of knowing that illegal activities aren't as anonymous as people make it out to seem.<\/p>\n\n\n\n

\u201cCryptocurrency and the virtual currency exchanges trading in it comprise an expanding part of the U.S. financial system, but digital currency heists executed through complex money laundering schemes could undermine confidence in cryptocurrency...The Department of Justice and our office stand ready to confront these threats by using 21st century investigative techniques to recover the stolen funds and to hold the perpetrators accountable.\u201d<\/em><\/strong><\/p>Matthew M. Graves, US Attorney For The District Of Columbia<\/cite><\/blockquote>\n","post_title":"119k Bitcoin Seized In Relation To 2016 BitFinex Hack","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"119k-bitcoin-seized-in-relation-to-2016-bitfinex-hack","to_ping":"","pinged":"","post_modified":"2023-04-11 12:55:29","post_modified_gmt":"2023-04-11 02:55:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3428","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The Bitcoin hash rate surged over 31% to a new all-time high of 248.11 terahashes (248,110,000,000,000) per second in raw values according to data<\/a> from Blockchain.com.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

After a steep decline in July of 2021 due to the banning of cryptocurrencies in China, numbers have steadily recovered and seem to be on an upwards trajectory.<\/p>\n\n\n\n

After a majority of the miners shifted from China to Khazakstan after the ban, political chaos and power shortages are causing miners to pack up and move once again out of Khazakstan, which became the second-largest Bitcoin mining country only behind the United States.((https:\/\/globelynews.com\/world\/world-top-bitcoin-crypto-mining-countries\/))<\/p>\n\n\n\n

Are we going to see another collapse of the hash rates just after it reached an ATH, or will the miners recover quickly to keep the hash rate at its peak?<\/p>\n","post_title":"New ATH For Bitcoin Hashrate","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"new-ath-for-bitcoin-hashrate","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/what-is-a-mining-hashrate\/","post_modified":"2023-04-11 12:55:12","post_modified_gmt":"2023-04-11 02:55:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3460","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3428,"post_author":"1","post_date":"2022-02-09 18:32:27","post_date_gmt":"2022-02-09 07:32:27","post_content":"\n

A couple has just been arrested and $3.6 billion in stolen cryptocurrencies seized, directly linked to the 2016 hack of exchange BitFinex. The report<\/a> comes directly from the United States Department of Justice, stating that 119,754 Bitcoin has been recovered.<\/p>\n\n\n\n

The suspects identified as Ilya Lichtenstein (34) and his wife Heather Morgan (31), were arrested in Manhattan, New York. Deputy Attorney General Lisa Monaco stated that the arrest was \"one of the largest in terms of financial seizure in history.\"<\/p>\n\n\n\n

Members of the crypto community added how \u201ceasy\u201d it is to track funds moved around certain blockchains, calling digital assets a safer alternative to cash as public ledgers discourage criminals from operating on-chain.<\/p>\n\n\n\n

Authorities have acknowledged that the suspects were allegedly able to break the BTC transaction flows, but they still were able to track the funds as the individuals were in the U.S. and used several Know Your Customer platforms with traceable IPs.<\/p>\n\n\n\n

\u201cCriminals always leave tracks, and today\u2019s case is a reminder that the FBI has the tools to follow the digital trail, wherever it may lead,\u201d<\/em><\/strong><\/p>Paul M. Abbate, FBI Deputy Director<\/cite><\/blockquote>\n\n\n\n

Creating A Safer Cryptocurrency Ecosystem<\/h2>\n\n\n\n

This is one step closer to making a safer environment for the vast public to join the cryptocurrency ecosystem with the confidence of knowing that illegal activities aren't as anonymous as people make it out to seem.<\/p>\n\n\n\n

\u201cCryptocurrency and the virtual currency exchanges trading in it comprise an expanding part of the U.S. financial system, but digital currency heists executed through complex money laundering schemes could undermine confidence in cryptocurrency...The Department of Justice and our office stand ready to confront these threats by using 21st century investigative techniques to recover the stolen funds and to hold the perpetrators accountable.\u201d<\/em><\/strong><\/p>Matthew M. Graves, US Attorney For The District Of Columbia<\/cite><\/blockquote>\n","post_title":"119k Bitcoin Seized In Relation To 2016 BitFinex Hack","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"119k-bitcoin-seized-in-relation-to-2016-bitfinex-hack","to_ping":"","pinged":"","post_modified":"2023-04-11 12:55:29","post_modified_gmt":"2023-04-11 02:55:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3428","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Hashrate<\/a> is the computational power that is needed to verify transactions within a proof-of-work blockchain.<\/p>\n\n\n\n

The Bitcoin hash rate surged over 31% to a new all-time high of 248.11 terahashes (248,110,000,000,000) per second in raw values according to data<\/a> from Blockchain.com.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

After a steep decline in July of 2021 due to the banning of cryptocurrencies in China, numbers have steadily recovered and seem to be on an upwards trajectory.<\/p>\n\n\n\n

After a majority of the miners shifted from China to Khazakstan after the ban, political chaos and power shortages are causing miners to pack up and move once again out of Khazakstan, which became the second-largest Bitcoin mining country only behind the United States.((https:\/\/globelynews.com\/world\/world-top-bitcoin-crypto-mining-countries\/))<\/p>\n\n\n\n

Are we going to see another collapse of the hash rates just after it reached an ATH, or will the miners recover quickly to keep the hash rate at its peak?<\/p>\n","post_title":"New ATH For Bitcoin Hashrate","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"new-ath-for-bitcoin-hashrate","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/what-is-a-mining-hashrate\/","post_modified":"2023-04-11 12:55:12","post_modified_gmt":"2023-04-11 02:55:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3460","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3428,"post_author":"1","post_date":"2022-02-09 18:32:27","post_date_gmt":"2022-02-09 07:32:27","post_content":"\n

A couple has just been arrested and $3.6 billion in stolen cryptocurrencies seized, directly linked to the 2016 hack of exchange BitFinex. The report<\/a> comes directly from the United States Department of Justice, stating that 119,754 Bitcoin has been recovered.<\/p>\n\n\n\n

The suspects identified as Ilya Lichtenstein (34) and his wife Heather Morgan (31), were arrested in Manhattan, New York. Deputy Attorney General Lisa Monaco stated that the arrest was \"one of the largest in terms of financial seizure in history.\"<\/p>\n\n\n\n

Members of the crypto community added how \u201ceasy\u201d it is to track funds moved around certain blockchains, calling digital assets a safer alternative to cash as public ledgers discourage criminals from operating on-chain.<\/p>\n\n\n\n

Authorities have acknowledged that the suspects were allegedly able to break the BTC transaction flows, but they still were able to track the funds as the individuals were in the U.S. and used several Know Your Customer platforms with traceable IPs.<\/p>\n\n\n\n

\u201cCriminals always leave tracks, and today\u2019s case is a reminder that the FBI has the tools to follow the digital trail, wherever it may lead,\u201d<\/em><\/strong><\/p>Paul M. Abbate, FBI Deputy Director<\/cite><\/blockquote>\n\n\n\n

Creating A Safer Cryptocurrency Ecosystem<\/h2>\n\n\n\n

This is one step closer to making a safer environment for the vast public to join the cryptocurrency ecosystem with the confidence of knowing that illegal activities aren't as anonymous as people make it out to seem.<\/p>\n\n\n\n

\u201cCryptocurrency and the virtual currency exchanges trading in it comprise an expanding part of the U.S. financial system, but digital currency heists executed through complex money laundering schemes could undermine confidence in cryptocurrency...The Department of Justice and our office stand ready to confront these threats by using 21st century investigative techniques to recover the stolen funds and to hold the perpetrators accountable.\u201d<\/em><\/strong><\/p>Matthew M. Graves, US Attorney For The District Of Columbia<\/cite><\/blockquote>\n","post_title":"119k Bitcoin Seized In Relation To 2016 BitFinex Hack","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"119k-bitcoin-seized-in-relation-to-2016-bitfinex-hack","to_ping":"","pinged":"","post_modified":"2023-04-11 12:55:29","post_modified_gmt":"2023-04-11 02:55:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3428","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Most importantly, rescue its carbon footprint in partnership with the Bitcoin miner. Bitcoin mining has been seen as a way many oil and gas companies are able to escape from the negatives of carbon emissions.<\/p>\n","post_title":"Oil And Gas Giant ConocoPhillips To Power Bitcoin Mining","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"oil-and-gas-giant-conocophillips-to-power-bitcoin-mining","to_ping":"","pinged":"","post_modified":"2023-04-11 12:54:42","post_modified_gmt":"2023-04-11 02:54:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3518","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3500,"post_author":"2","post_date":"2022-02-17 21:41:50","post_date_gmt":"2022-02-17 10:41:50","post_content":"\n

\"\"<\/p>

London, UK, 17th February, 2022, Chainwire<\/strong><\/span><\/p>

After the successful public launch on BitMart, MetaVisa is excited to announce the vote to list on MEXC Kickstarter for MetaVisa token $MESA.<\/p>\n

The session of Kickstarter on MEXC Global is a listing campaign initiated by the project team on MEXC before launch where users can stake tokens to vote towards a predetermined goal. Once the goal is hit, the listing process will be kickstarted and free token airdrops will be arranged for participating users prior to the listing.<\/p>\n

How to join $MESA Kickstarter:<\/b><\/p>\n

1. \u00a0Voting period: 2022-02-18 2:30 - 10:50(UTC)<\/p>\n

2. Snapshot period: 2022-02-17 16:00 to 2022-02-18 15:59 (UTC)<\/p>\n

3. Estimated trading: 2022-02-19 12:00 (UTC)<\/p>\n

4. Deposit & withdrawal: opened<\/p>\n

5. Voting link: http:\/\/www.mexc.com\/sun\/assessment<\/u><\/a><\/p>\n

6. Airdrop pool: 135,000 MESA\u00a0<\/p>\n

7. Voting token: MX (voting cap: maximum 500,000 MX)<\/p>\n

8. Requirement: minimum 10 votes (1 vote = 1MX)<\/p>\n

9. Rules: the tokens used for voting will be temporarily locked during the event period and will be unlocked within an hour once the event concludes. Users can vote as many times as they wish before the voting period ends.<\/p>\n

10. Rewards: the airdrop rewards will be distributed proportionally within an hour according to users\u2019 total votes once the event concludes.<\/p>\n

The official listing announcement will be announced after Kickstarter ends, please stay tuned with us and join to vote!<\/p>\n\n

About MetaVisa<\/b><\/p>\n

MetaVisa is a Web3.0 middleware protocol built on Ethereum with a purpose to decentralize identity and credit systems inside the Metaverse. Through the MetaVisa Protocol, users will be able to establish on-chain identity credit records for use across various ecosystems. Such identity displays are essential for transparency and trust in the Metaverse, making it easier for DeFi, NFT, DAO, and other networks to serve their users better.<\/p>\n

MetaVisa is founded by a strong network and team consisting of Jassem Osseiran, an entrepreneur and consultant in the financial services, alternative investments sector, and Silent Unicorn, a venture builder that focuses on building, financing, and expanding technology businesses globally.\u00a0<\/p>\n

Website: http:\/\/www.metavisa.com<\/p>\n

Twitter: https:\/\/twitter.com\/MetaVisa<\/p>\n

Telegram\uff1ahttps:\/\/t.me\/MetaVisaOfficialCommunity<\/p>\n

Discord: https:\/\/discord.gg\/X3fWAgeqtv<\/p>\n

Medium: https:\/\/medium.com\/@metavisaofficial<\/u><\/a><\/p>\n

Github: https:\/\/github.com\/MetaVisa\/MESA-Contract<\/u><\/a><\/p>\n

Explorer: https:\/\/etherscan.io\/token\/0x5AFFF9876C1F98b7d2b53bCB69EB57e92408319F<\/p>

Contacts<\/h5>