Author

Topic: 2012-09-05 arstechnica.com - Hacker steals $250k in Bitcoins from online exchang (Read 815 times)

legendary
Activity: 1092
Merit: 1001
Quote
Hacker steals $250k in Bitcoins from online exchange Bitfloor
Irreversible transactions make Bitcoin security a high-stakes business.

Timothy B. Lee
2012-09-05

http://arstechnica.com/tech-policy/2012/09/hacker-steals-250k-in-bitcoins-from-online-exchange-bitfloor/

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
...

But at least until these new techniques mature, it's wise not to entrust large amounts of Bitcoins to third-party services, even those with excellent reputations. And always encrypt your Bitcoin wallet as soon as you're done using it.
Jump to: