Internet currency exchange goes offline after massive Bitcoin theft

Internet currency exchange goes offline after massive Bitcoin theft — RT

rt.com 05 Sep '12, 8pm

Internet currency exchange goes offline after massive Bitcoin theft

The administrator of the largest Bitcoin exchange in the United States says that a hacker has compromised the service, stealing the around a quarter-of-a-million US dollars’ worth of the crypto-currency in the process. Bitfloor founder Roman Shtylman says that someone managed to successfully access unencrypted “keys” kept on their server that allowed access to a vast collection of Bitcoins, the digital crypto-currency that has become a popular alternative among hacktivists and computer fiends for online transactions. On the bitcointalk.org Web forum, Mr. Shtylman writes that an upgrade to his website’s server left the unencrypted keys exposed to anyone searching for them, a mistake he now openly acknowledges and regrets. “I manually did an upgrade,” Shtylman writes, which as a result moved a trove of sensitive data to the unencrypted area on disk. “I realize the details of...

Full article: http://rt.com/usa/news/currency-exchange-bitcoin-shtylman...

Tweets

@skiamir » 09 Sep '12, 11pm
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News Update: Internet currency exchange goes offline after massive Bitcoin theft [link]
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Internet currency exchange 'Bitcoin' goes offline after hackers steal $250,000 [link]
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Internet currency exchange goes offline after massive Bitcoin theft [link]
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Internet currency exchange goes offline after massive Bitcoin theft [link]
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Internet currency exchange goes offline after massive Bitcoin theft [link]
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Internet currency exchange goes offline after massive Bitcoin theft [link]
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Internet currency exchange goes offline after massive Bitcoin theft [link]
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RT_America: Internet currency exchange goes offline after massive Bitcoin theft [link]
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RT @RT_America: Internet currency exchange goes offline after massive Bitcoin theft [link]