The Great #Bitcoin Robbery: Hacker makes off with quarter-of-a-million in untraceable encrypted cash

Hacker steals $250k in Bitcoins from online exchange Bitfloor

The Great #Bitcoin Robbery: Hacker makes off with quarter-of-a-million in untraceable encrypted cash

The future of the up-and-coming Bitcoin exchange Bitfloor was thrown into question Tuesday when the company's founder reported that someone had compromised his servers and made off with about 24,000 Bitcoins, worth almost a quarter-million dollars. The exchange no longer has enough cash to cover all of its deposits, and it has suspended its operations while it considers its options. Bitfloor is not the first Bitcoin service brought low by hackers. Last year, the most popular Bitcoin exchange, Mt.Gox, suspended operations for a week after an attacker compromised a user account and sold all of his Bitcoins in a firesale that temporarily pushed the price down to zero. The site survived the attack and remains the leading Bitcoin exchange today. Hackers made off with another $228,000 in Bitcoins from online services earlier this year. Bitcoin's peer-to-peer design means that tr...

Full article: http://arstechnica.com/tech-policy/2012/09/hacker-steals-...

Tweets

@STSgirl » 07 Sep '12, 12pm
Online bitcoin exchange compromised and goes bankrupt because of #cyber attack. [link] #security
@infination » 06 Sep '12, 4pm
Hacker steals $250k in Bitcoins from online exchange Bitfloor [link] #alternate #currency #bitcoin #hack #security #theft
@ContextSec » 06 Sep '12, 2pm
Hacker steals $250k in Bitcoins from online exchange Bitfloor - [link] #infosec #bitcoin <---Irreversible transactions !good
@SunTzuYAO » 06 Sep '12, 7am
@Bitcoin_Org_UK Yeah. Smart people. [link] [link] [link] Propaganda more please.
@nujateri » 05 Sep '12, 7pm
RT @versvs: Irreversible transactions make Bitcoin security a high-stakes business [link]
@versvs » 05 Sep '12, 5pm
Irreversible transactions make Bitcoin security a high-stakes business [link]
@jblokzijl » 05 Sep '12, 11am
En daar is dan het einde van Bitcoin: [link]
@Aigar_K » 05 Sep '12, 10am
RT @ErikIlves: Hacker steals $250k in Bitcoins from online exchange Bitfloor [link] #bitcoin #theft
@ErikIlves » 05 Sep '12, 10am
Hacker steals $250k in Bitcoins from online exchange Bitfloor [link] #bitcoin #theft
@nikirikou » 05 Sep '12, 10am
Bitcoin, it's a Bit like Far West RT @arstechnica Hacker steals $250k in Bitcoins from online exchange Bitfloor [link]
@Asher_Wolf » 05 Sep '12, 10am
RT @MylesPeterson: The Great #Bitcoin Robbery: Hacker makes off with quarter-of-a-million in untraceable encrypted cash [link]
@MylesPeterson » 05 Sep '12, 10am
The Great #Bitcoin Robbery: Hacker makes off with quarter-of-a-million in untraceable encrypted cash [link]
@RolfGranqvist » 05 Sep '12, 7am
Exakt hur illa är det här för #bitcoin-rörelsen? #hacker #bitfloor [link]
@defiler » 05 Sep '12, 5am
In the grim nightmare of the far future, there is only Bitcoin war: [link]
@sakalli » 05 Sep '12, 4am
Bitcoin doesn't stop intriguing me: "Hacker steals $250k in Bitcoins from online exchange Bitfloor" [link] #fb
@VeeraRags » 05 Sep '12, 3am
Hacker steals $250k in Bitcoins from online exchange Bitfloor [link] #lawdisorder #ministryofinnovation #bitcoin
@AhHaOhNo » 05 Sep '12, 2am
Oh No! Bitcoin Fail. Ah Ha! Bitcoin insurance business opportunity. [link]
@ShhNinja » 05 Sep '12, 2am
Looks like someone needs to start a #bitcoin insurance business. Even your local bank deposits are covered by the FDIC [link]
@davidwolman » 05 Sep '12, 2am
Uh-oh. RT @BitCoinReporter Hacker steals $250k in Bitcoins from online exchange Bitfloor - Ars Technica [link] #bitcoin
@BitCoinReporter » 05 Sep '12, 2am
Hacker steals $250k in Bitcoins from online exchange Bitfloor - Ars Technica [link] #bitcoin
@PCHiccups » 05 Sep '12, 1am
Ars: Hacker steals $250k in Bitcoins from online exchange Bitfloor: Irreversible transactions make Bitcoin secur... [link]
@_TNews » 05 Sep '12, 1am
Hacker steals $250k in Bitcoins from online exchange Bitfloor: Irreversible transactions make Bitcoin secu... [link] #Tech
@top3dhdtvdeals » 05 Sep '12, 1am
Hacker steals $250k in Bitcoins from online exchange Bitfloor: Irreversible transactions make Bitcoin security a... [link]
@condotstantin » 05 Sep '12, 1am
Hacker steals $250k in Bitcoins from online exchange Bitfloor: The future of the up-and-coming Bitcoin exchange ... [link]
@houseofcromwell » 05 Sep '12, 10am
RT @MylesPeterson: The Great #Bitcoin Robbery: Hacker makes off with quarter-of-a-million in untraceable encrypted cash [link]
@RayJoha » 05 Sep '12, 10am
RT @MylesPeterson: The Great #Bitcoin Robbery: Hacker makes off with quarter-of-a-million in untraceable encrypted cash [link]
@azlancat » 05 Sep '12, 10am
RT @MylesPeterson: The Great #Bitcoin Robbery: Hacker makes off with quarter-of-a-million in untraceable encrypted cash [link]
» 05 Sep '12, 10am
RT @MylesPeterson: The Great #Bitcoin Robbery: Hacker makes off with quarter-of-a-million in untraceable encrypted cash [link]
@Anon_Luis » 05 Sep '12, 10am
RT @MylesPeterson: The Great #Bitcoin Robbery: Hacker makes off with quarter-of-a-million in untraceable encrypted cash [link]
@feerandloathing » 05 Sep '12, 10am
RT @MylesPeterson: The Great #Bitcoin Robbery: Hacker makes off with quarter-of-a-million in untraceable encrypted cash [link]
@BatCountryWord » 05 Sep '12, 10am
RT @MylesPeterson: The Great #Bitcoin Robbery: Hacker makes off with quarter-of-a-million in untraceable encrypted cash [link]
@5DsCats » 05 Sep '12, 10am
RT @MylesPeterson: The Great #Bitcoin Robbery: Hacker makes off with quarter-of-a-million in untraceable encrypted cash [link]
@semmoneglynn » 05 Sep '12, 10am
RT @MylesPeterson: The Great #Bitcoin Robbery: Hacker makes off with quarter-of-a-million in untraceable encrypted cash [link]
@cyberdefence » 05 Sep '12, 2am
Hacker steals $250k in Bitcoins from online exchange Bitfloor: Irreversible transactions make Bitcoin security a... [link]
@MalwareGuide » 05 Sep '12, 1am
Hacker steals $250k in Bitcoins from online exchange Bitfloor: The future of the up-and-coming Bitcoin exchange ... [link]
@alexfenyvesi » 05 Sep '12, 1am
Hacker steals $250k in Bitcoins from online exchange Bitfloor: Irreversible transactions make Bitcoin security a... [link]
@bbdaveman » 05 Sep '12, 1am
Hacker steals $250k in Bitcoins from online exchange Bitfloor: Irreversible transactions make Bitcoin security a... [link]
@vallejomondher » 05 Sep '12, 1am
Hacker steals $250k in Bitcoins from online exchange Bitfloor: Irreversible transactions make Bitcoin security a... [link]
@TInformer » 05 Sep '12, 1am
Hacker steals $250k in Bitcoins from online exchange Bitfloor: Irreversible transactions make Bitcoin security a... [link]