26 Nov '13, 4pm

Second major Bitcoin heist this month allegedly takes over $1 million

Hackers have allegedly stolen over a thousand bitcoins from the European payment processor BIPS in a theft that's now valued at over $1 million. BIPS tells Mashable that most of the bitcoins — 1,295 in total — came from the company's own holdings, but "several consumer wallets" were also compromised in the hack. The payment provider says that it was initially hit with a DDoS attack on November 15th, followed by a second attack on November 17th that managed to take the funds. Though BIPS disclosed some information on the attack just two days later, full details don't appear to have been given until last Friday.

Full article: http://www.theverge.com/2013/11/26/5147410/bitcoin-hack-a...

Tweets

Cyberattack Leads to $1 Million Bitcoin Heist

Cyberattack Leads to $1 Million Bitcoin Heist

mashable.com 25 Nov '13, 5pm

Another Bitcoin company has fallen victim of a massive cyberheist. BIPS , one of the largest European Bitcoin payment proc...

Bitcoin

Bitcoin

finance.yahoo.com 26 Nov '13, 6pm

Related: Bitcoin's Price Swings Threaten Its Chance of Being a Real Currency This is because Bitcoin has no intrinsic or d...

$1 Million Heist Reminds Us That Bitcoin Is Nei...

gizmodo.com 25 Nov '13, 6pm

Let's play a little game called Good Idea/Bad Idea. Round One: Saving money. That's a good idea! Round two: Saving thousan...

The Value Of SecondMarket's Bitcoin Trust Just Broke $50 Million

The Value Of SecondMarket's Bitcoin Trust Just ...

businessinsider.com 26 Nov '13, 10pm

The net asset value of SecondMarket's Bitcoin Trust has surpassed $50 million. As of 4 pm, the fund's assets under managem...

Bitcoin’s skyrocketing value ushers in era of $1 million hacker heists

Bitcoin’s skyrocketing value ushers in era of $...

arstechnica.com 26 Nov '13, 6pm

A company billing itself as one of Europe's biggest Bitcoin exchanges said it suffered a coordinated attack that succeeded...

India's first Bitcoin conference coming to Bang...

zdnet.com 27 Nov '13, 1am

Next month, on both December 14 and 15, Bangalore will host India's first Bitcoin conference, which is also Asia's second ...

Danish Bitcoin exchange BIPS hacked and 1,295 Bitcoins worth $1 Million Stolen

Danish Bitcoin exchange BIPS hacked and 1,295 B...

thehackernews.com 25 Nov '13, 7pm

The breaking news is that, another Bitcoin exchange company gets hacked i.e. BIPS (bips.me ), one of the largest European ...

If A New gTLD Applicant Used His $185K To Buy B...

thedomains.com 26 Nov '13, 2pm

Bitcoin is a commodity, a currency, and a payment system all in one. This was actually discussed last week at the Congress...

Man Throws Away Trove of Bitcoin Worth $7.5 Million

Man Throws Away Trove of Bitcoin Worth $7.5 Mil...

mashable.com 27 Nov '13, 7pm

As Bitcoin hit $1,000 dollars on Wednesday morning, a lot of early adopters saw their Bitcoin, bought or mined for cheap y...

How thieves stole $1 million in bitcoins from a "bitcoin bank"

How thieves stole $1 million in bitcoins from a...

businessinsider.com 25 Nov '13, 6pm

YouTube/Newfination BIPS CEO Kris Henriksen See Also The Man Allegedly Behind The Silk Road Drug Site Is Also Accused Of P...

Bitcoin Tops $1,000 for the First Time

Bitcoin Tops $1,000 for the First Time

mashable.com 27 Nov '13, 3pm

The price of bitcoins topped $1,000 Wednesday on Mt. Gox, the second largest exchange by volume, marking the first time it...

Owner of Wind Turbines Fined $1 Million in Bird...

greenbuildingadvisor.com 26 Nov '13, 10am

Duke Energy Renewables has become the first wind energy company prosecuted under the Migratory Bird Treaty Act and will pa...

Bitcoin hits $1,000 for the first time

Bitcoin hits $1,000 for the first time

theverge.com 27 Nov '13, 3pm

The virtual currency Bitcoin, a decentralized form of money that approximates cash on the internet, has never been worth m...

Bitcoin prices top $1,000 via @CNNMoney

money.cnn.com 27 Nov '13, 3pm

Bitcoin has been on a spectacular run this year, soaring to new highs even though some thought the Bitcoin bubble burst in...

A single Bitcoin was worth $10 a year ago — today it’s worth $1,000

A single Bitcoin was worth $10 a year ago — tod...

venturebeat.com 27 Nov '13, 9pm

Dec. 4 - 5, 2013 Redwood City, CA Tickets on Sale Now The value of a single Bitcoin surpassed $1,000 on popular Bitcoin ex...