Industry WIKI

The Bitfinex cryptocurrency exchange was hacked in August 2016. 119,756 bitcoins, worth about US$72 million at the time, were stolen.

A bailout is the provision of financial help to a corporation or country which otherwise would undergo bankruptcy. A bailout differs from the term bail-in (coined in 2010) under which the bondholders or depositors of global systemically important financial institutions (G-SIFIs) are forced to participate in the recapitalization process but taxpayers are not. Some governments also have th