OpenRuby.com

25 Sep '12, 10am

After hack, Bitcoin exchange comes back online

A small New York-based company that specializes in exchanging Bitcoins is back online after hackers stole about US$250,000 worth of the virtual currency earlier this month. Roman Shtylman, founder of BitFloor , said by phone from London on Monday he reported the theft to the FBI and that he intends to pay back victims whose Bitcoins were stolen. How long that will take I dont know," Shtylman said. "Certainly for me this is a long-term plan, and Im mostly doing this because I feel it's important to try and be clear of my intention to try and recover the coins." Bitcoin is a virtual currency, created by a mysterious person who went by the name "Satoshi Nakamoto" and has extensive knowledge of cryptography. Bitcoins are transferred using software programs that connect to a peer-to-peer system that cryptographically verifies the transaction. Bitcoin "miners" are people who hav...

Full article: http://www.arnnet.com.au/article/437395/after_hack_bitcoi...

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Bitcoin exchange comes back online after hack

Bitcoin exchange comes back online after hack

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September 25, 2012 — IDG News Service — A small New York-based company that specializes in exchanging Bitcoins is back onl...

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A small New York-based company that specializes in exchanging Bitcoins is back online after hackers stole about US$250,000...

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IDG News Service — A small New York-based company that specializes in exchanging Bitcoins is back online after hackers sto...

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A small New York-based company that specializes in exchanging Bitcoins is back online after hackers stole about US$250,000...

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A small New York-based company that specializes in exchanging Bitcoins is back online after hackers stole about US$250,000...

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A small New York-based company that specialises in exchanging Bitcoins is back online after hackers stole about US$250,000...

Bitcoin exchange back online after hack

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