Monday, January 5, 2015

Someone stole $5 million from a major Bitcoin exchange


Nearly a year after the fall of Mt Gox, running a Bitcoin exchange is still a dangerous business. This morning, Bitstamp announced that its systems had been compromised by an unidentified attacker and shut down trading for the day, and speaking to ZDNet this afternoon, Bitstamp's CEO confirmed that a theft had occurred. While the bulk of Bitstamp's reserves are still safe, the attackers were still able to get away with nearly 19,000 bitcoin, or roughly $5 million. It's a small fortune, and a reminder that the era of big-ticket bitcoin thefts isn't over yet.


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