06 Sep '12, 9pm

One poor security choice results in $250,000 Bitcoin heist - Bitcoin exchange Bitfloor reportedly suffered a virtual...

Bitcoin exchange Bitfloor reportedly suffered a virtual heist of 24,000 BTCs, worth a cool quarter-million U.S. dollars. The incident not only raises questions about the long-term viability of the digital currency but also highlights how seemingly minor lapses in IT security judgment can have devastating implications. For the uninitiated, Bitcoins are a form of virtual currency that's been around since 2009. They have zero government backing; rather, they're backed by the continued actions of the computing power within the Bitcoin network. Investors can acquire them as payment or purchase them through exchanges such as Bitfloor, which is the largest of its kind in the United States and the fourth largest on the planet. In a thread on the Bitcoin Forum, Bitfloor founder Roman Shtylman posted that an attacker had compromised a few of the exchange's servers and gained access ...

Full article: http://www.infoworld.com/t/cyber-crime/one-poor-security-...

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One poor security choice results in $250,000 Bi...

infoworld.com 06 Sep '12, 8pm

Bitcoin exchange Bitfloor reportedly suffered a virtual heist of 24,000 BTCs, worth a cool quarter-million U.S. dollars. T...

One poor security choice results in an easy heist

akamai.infoworld.com 07 Sep '12, 7am

Bitcoin exchange Bitfloor reportedly suffered a virtual heist of 24,000 BTCs, worth a cool quarter-million U.S. dollars. T...

Bitcoin security mistake allows for $250,000 hacker heist. #Infosec

Bitcoin security mistake allows for $250,000 ha...

infopackets.com 07 Sep '12, 12pm

Virtual currency provider BitCoin is in big trouble after a security blunder resulted in the theft of $250,000. The heist ...

Bitfloor becomes the latest hacked Bitcoin exchange

Bitfloor becomes the latest hacked Bitcoin exch...

infosecurity-magazine.com 06 Sep '12, 2pm

“Last night,” announced Bitfloor founder Roman Shtylman on Tuesday, “a few of our servers were compromised. As a result, t...

Bitcoin exchange floored in virtual bank robber...

nakedsecurity.sophos.com 06 Sep '12, 2am

Bitcoin is a an open-source, peer-to-peer digital cash system launched in 2009. The Bitcoin "currency" has no physical man...

Bitcoin

Bitcoin

digitaltrends.com 08 Sep '12, 10pm

Hackers took off with $250,000 worth of Bitcoins from the Bitfloor currency exchange, leaving the site's reserves tapped a...

Bitcoin exchange BitFloor suspends operations after $250,000 theft

Bitcoin exchange BitFloor suspends operations a...

theverge.com 05 Sep '12, 11am

Popular Bitcoin exchange BitFloor — described by its owner as "the #4 USD exchange and #1 in the US" — has been forced to ...

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 exchange BitFloor shuttered after virtu...

news.cnet.com 05 Sep '12, 3am

Bitcoin exchange Bitfloor is offline and has shut down operations while it investigates the theft of nearly a quarter mill...

Bitcoin exchange BitFloor shuttered after virtual heist

Bitcoin exchange BitFloor shuttered after virtu...

news.cnet.com 05 Sep '12, 3am

Bitcoin exchange Bitfloor is offline and has shut down operations while it investigates the theft of nearly a quarter mill...

Bitfloor Hacked, $250,000 Missing | Bitcoin Magazine

Bitfloor Hacked, $250,000 Missing | Bitcoin Mag...

bitcoinmagazine.net 04 Sep '12, 11pm

Bitfloor, the fourth largest exchange dealing in US dollars, has just announced[1] that it has been hacked, and the servic...

Bitcoin's troubles continue as trading site los...

wired.co.uk 06 Sep '12, 12pm

Bitcoins are back in the news for the wrong reasons, as it emerges that trading site Bitfloor has had over £160,000 stolen...

Bitcoin exchange market hacked for US$250,000 loss: Bitfloor, the largest Bitcoin exchange market in the US, is

Bitcoin exchange market hacked for US$250,000 l...

news.yahoo.com 05 Sep '12, 8pm

Bitfloor founder ceases operation until server hack can be resolved Bitfloor, the largest Bitcoin exchange market in the U...

Boot up: Apple's LTE patent hoard, Nokia Lumia 920 hands-on, Bitcoin exchange heist and more

Boot up: Apple's LTE patent hoard, Nokia Lumia ...

guardian.co.uk 06 Sep '12, 5am

A quick burst of 10 links for you to chew over, as picked by the Technology team Apple acquires stack of LTE patents >> Ch...

Bitcoin exchange floored in virtual bank robber...

prwire.com.au 10 Sep '12, 1am

is a an open-source, peer-to-peer digital cash system launched in 2009. The Bitcoin "currency" has no physical manifestati...