10 Sep '12, 3pm

#security Bitcoin theft causes Bitfloor exchange to go offline: One of the biggest Bitcoin currency exchanges ha...

One of the biggest Bitcoin currency exchanges has been taken offline after 24,000 units ($250,000; £157,800) of the virtual currency were stolen from its computer servers. Bitcoins can be used for online money transfers and trades, and the currency uses cryptography to protect it. But Bitfloor’s founder, Roman Shtylman, said he had kept unencrypted “keys”, which the thief accessed and used to take the money. Bitfloor’s future is now in doubt. Mr Shtylman said his New York-based service was the biggest of its kind in the US and the fourth largest in the world. Creating e-cash Unlike other currencies, Bitcoins are not issued by a central bank or other centralised authority. Instead they are created in a process called “mining”, in which coins are issued to a user when they solve a complicated mathematical problem using their computer. The complexity of the problems is determ...

Full article: http://security.cytalk.com/2012/09/bitcoin-theft-causes-b...

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Theft forces Bitcoin firm offline: The US's big...

bbc.co.uk 05 Sep '12, 12pm

5 September 2012 Last updated at 13:06 Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print Bitc...

Theft forces Bitcoin firm offline

bbc.co.uk 05 Sep '12, 12pm

5 September 2012 Last updated at 13:06 Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print Bitc...

Theft forces Bitcoin firm offline

bbc.co.uk 05 Sep '12, 12pm

5 September 2012 Last updated at 13:06 Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print Bitc...

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...

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...

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...

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

infoworld.com 06 Sep '12, 9pm

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

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 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...

Wind Market Moves to Maturity

renewableenergyworld.com 12 Sep '12, 1pm

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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...

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...

Hacker Steals 250,000USD From Bitcoin Exchange ...

cyberwarnews.info 06 Sep '12, 5pm

It has happened again one Americas most popular bitcoin exchange Bitfloor ( bitfloor.com ) has been compromised and close ...

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 ...