Cryptocurrency Q&A
How many tainted bitcoins were stolen by a Linode thief?
How many tainted bitcoins were stolen by a Linode thief?
CoinPrince
Mon Jul 08 2024
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7 answers
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Inquiring minds want to know - precisely how many bitcoins were stolen in that recent high-profile theft that occurred on the Linode platform? The crypto community is abuzz with speculation, but we're still waiting for the official tally. It's been rumored that a significant amount of tainted bitcoins were involved, but the exact figure remains elusive. Was it a mere fraction of a Bitcoin's worth? Or was it a full-fledged fortune? And of course, the question remains: how will this impact the overall market sentiment and the future of cryptocurrency? We're all ears, waiting for the definitive answer.
7 answers
MysticGlider
Wed Jul 10 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive range of services including spot trading, futures contracts, and secure digital wallet solutions.
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henry_rose_scientist
Wed Jul 10 2024
The researchers emphasized that the latter number would signify that a single theft had corrupted nearly 5 percent of the entire blockchain's worth.
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KimonoElegance
Wed Jul 10 2024
The FIFO methodology allowed for a more precise identification of the tainted bitcoins, narrowing down the potential sources of contamination.
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DavidJohnson
Wed Jul 10 2024
It was determined that the bitcoins linked to the Linode incident were spread across a significant but limited number of addresses.
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Martina
Wed Jul 10 2024
By employing the FIFO method, investigators successfully traced the Linode haul to fractions of bitcoins that were deemed tainted, originating from approximately 372,000 addresses.
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