27 Feb '14, 6pm

The 6 Biggest Bitcoin Heists in History

The 6 Biggest Bitcoin Heists in History

Ever since a single Bitcoin became worth a small fortune, there have been people trying to steal them. Sure, there have some small-time thieves who've stolen a few hundred dollars worth of Bitcoin here and there. But there have also been heists . Massive, highly orchestrated attacks that lead to millions of dollars worth of cryptocurrency changing hands. And they just keep happening. How many heists? Well, in the last three years alone—sort of the relevant lifetime of Bitcoin—there have been six really major robberies. And by major, I mean hundreds of thousands if not hundreds of millions of dollars worth of Bitcoin getting snatched. Think of this as the six best reasons to not invest your life savings in Bitcoin. 6. Pony Botnet: $220,000 The most recent Bitcoin heist also happens to be the least severe, at least in terms of heists over the $100,000 mark. This week, resear...

Full article: http://gizmodo.com/the-6-biggest-bitcoin-heists-in-histor...

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