30 Aug '12, 7pm

@WTFRLY ★★ Secretive Internet currency’s server hacked; money stolen

@WTFRLY ★★ Secretive Internet currency’s server hacked; money stolen

Upwards of $90,000 worth of Bitcoins have been stolen from an exchange service website this week, marking the second time in nearly two months that the cyber-currency has been compromised due to a security breach. The administrators of Bitcoinica, a website that allows Bitcoin holders to trade in their e-currency for a value in US dollars, say that an attacker infiltrated their servers on May 11 and depleted the company’s online wallet of 18,547 virtual currency coins — worth roughly $87,000 USD. As a result, the website has suspended their transaction service while they open up an investigation to try to identify who broke into their servers and how the breach was accomplished. Upon noticing a series of unusual transactions, the website’s owners say they shut down their servers and locked down accounts as a precaution, but assured its users that their “trading and financi...

Full article: http://rt.com/usa/news/internet-stolen-bitcoin-currency-226/

Tweets

An Intro To Bitcoin: Can A Virtual Currency Work? - via @techopedia

An Intro To Bitcoin: Can A Virtual Currency Wor...

techopedia.com 29 Aug '12, 1pm

An Intro To Bitcoin: Can A Virtual Currency Work? By Tara Struyk , August 29, 2012 Takeaway: The major stumbling block for...

Fiat Money - Circa 2012: #Bitcoin

Fiat Money - Circa 2012: #Bitcoin

bitcoinmoney.com 03 Sep '12, 6am

This map of currencies around the world , shared through a Reddit post , features the fiat currency used by each nation. I...

A Rolex watch worth more than £8,000 was stolen...

gmp.police.uk 31 Aug '12, 12pm

A Rolex watch worth more than £8,000 was stolen during a theft in Bolton. It happened during the burglary at the Carters J...

Tech Industry Money in U.S. Elections: With tech industry stakes low, so are campaign contributions

Tech Industry Money in U.S. Elections: With tec...

spectrum.ieee.org 30 Aug '12, 5pm

Contributions to U.S. Election Campaigns Source: Center for Responsive Politics. The partial 2012 amounts are based on fig...

Future of top U.S. Bitcoin exchange in doubt as $250K in virtual currency stolen

Future of top U.S. Bitcoin exchange in doubt as...

venturebeat.com 05 Sep '12, 6am

The future of the top U.S. Bitcoin echange is in doubt after $250,000 in virtual currency was stolen last night. As CNet r...

Internet currency exchange goes offline after massive Bitcoin theft

Internet currency exchange goes offline after m...

rt.com 05 Sep '12, 8pm

The administrator of the largest Bitcoin exchange in the United States says that a hacker has compromised the service, ste...

#security For Banks, Digital Currency Poses Threat - and Opportunity: "The digital currency called Bitcoin was c...

#security For Banks, Digital Currency Poses Thr...

bitcoinee.com 30 Aug '12, 8am

Matonis, who oversaw foreign exchange and credit card interchange for Visa in the early 1990s, argues that Bitcoin is not ...

Bitcoin Virtual Currency Use on the Rise for On...

online-casinos.com 03 Sep '12, 5pm

Currency for online gambling and transactions for the activity is a choice that players have to make daily. America and ot...

Bitcoin: How a Virtual Currency Became Real with a $5.6M Fraud via @pandodaily

Bitcoin: How a Virtual Currency Became Real wit...

pandodaily.com 31 Aug '12, 11pm

The first thing I thought of when I read about the Bitcoin Ponzi scheme was “Super Mario Bros”. I had heard of Bitcoin bef...

Future of top US Bitcoin exchange in doubt after hackers grab $250,000

Future of top US Bitcoin exchange in doubt afte...

thenextweb.com 05 Sep '12, 5am

BitFloor , a major Bitcoin exchange and the biggest in the US, today suffered a devastating loss after their servers were ...

Bitcoin Virtual Currency Use on the Rise for On...

online-casinos.com 03 Sep '12, 5pm

Our Goal With Online-Casinos.com... ...is to help you play only the best in online games with confidence and proper strate...