In another context, your identity may be private when using a Bitcoin wallet, but transaction details are public, especially when dealing with potential or unlikely scammers. Take the recent Twitter hack as an example, where individuals and related institutions were informed about the amount of Bitcoin sent to the hacker’s address. This article will show you how they discovered this and how you can do the same for any Bitcoin address.
Simply put, you need to check the Bitcoin Blockchain to find and access the movement of funds. The Blockchain is the public and shared ledger of all Bitcoin digital currency transactions. The easiest way to do this is through a web service that provides you with this information. We recommend using the Blockchain Explorer service on the official Blockchain website.
To find out the financial amount in US dollars, click on “USD” in the top right corner of the screen, with the option to select another currency from the dropdown box on the right of the search field. You will see that the account received Bitcoin worth over $116,000.
Tools like these can provide other details from the Bitcoin blockchain, including the current value of Bitcoin accounts and transaction information. The information is there, and you don’t need to download the entire Bitcoin blockchain yourself to find it.
Finally, scrolling down, you can access more details, including the current value of the Bitcoin account and transaction information in terms of value, time, date, and more.
Final word:
This was our article for today, and the lesson from it is to first and foremost learn to identify scammers and build trust between parties before starting the transfer process. In the meantime, Twitter has announced the closure of all accounts that were hacked and they will be restored once it is confirmed that they can do so securely.
