Smashing Security cover image

Acoustic attacks, and the tears of a crypto rapper

Smashing Security

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Bitfinex's Generalized Loss Percentage

Bitfinex had a total of 120,000 Bitcoin taken by a hacker. They said that the impact of this hack was going to be shared across the site's customers. So in a statement on its website, Bitfinex said, we have decided to generalize losses across all accounts. And they did this by initiating more than 2,000 unauthorized transactions.

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