Topic: Hasn't Bitcoin been hacked in the past? (Read 101 times)
for my area bitcoin has never been hacked. but I have to be more careful so as not in hokey
Important detail: Bitcoin itself has NEVER been hacked. Only some SERVICES using bitcoin (exchanges).
There is actually a vulnurelability for bitcoin existed back in 2010, but it has been patched since then and the coins did not exist anymoreAlthough it was the very early days of bitcoin, so bugs and exploits are bound to be found
https://en.bitcoin.it/wiki/Value_overflow_incident
Interesting. Was not aware of that (happened before I started with BTC). Thanks for educating me.
Important detail: Bitcoin itself has NEVER been hacked. Only some SERVICES using bitcoin (exchanges).
There is actually a vulnurelability for bitcoin existed back in 2010, but it has been patched since then and the coins did not exist anymoreAlthough it was the very early days of bitcoin, so bugs and exploits are bound to be found
https://en.bitcoin.it/wiki/Value_overflow_incident
Bitcoin? No. Exchanges? Yes.
If there is profit, there are hackers!
Important detail: Bitcoin itself has NEVER been hacked. Only some SERVICES using bitcoin (exchanges).
Yes, several times.
The most famous one is Mt.Gox. Japan-based Bitcoin exchange Mt. Gox had been operating since 2010 and was the biggest Bitcoin exchange at the time.
But very few know that this big exchange was not hacked only once, but twice.
The first one happened in June 2011 when the hacker was able to get ahold of Mt.Gox’s auditor’s credentials and transferred 2609 bitcoins to an address for which Mt. Gox had no keys. This led to the suspension of Mt. Gox operations for several days; but they sustained themselves in the market, and they were able to regain the trust of users.
Here's a big article about it.
https://coinsutra.com/biggest-bitcoin-hacks/
The most famous one is Mt.Gox. Japan-based Bitcoin exchange Mt. Gox had been operating since 2010 and was the biggest Bitcoin exchange at the time.
But very few know that this big exchange was not hacked only once, but twice.
The first one happened in June 2011 when the hacker was able to get ahold of Mt.Gox’s auditor’s credentials and transferred 2609 bitcoins to an address for which Mt. Gox had no keys. This led to the suspension of Mt. Gox operations for several days; but they sustained themselves in the market, and they were able to regain the trust of users.
Here's a big article about it.
https://coinsutra.com/biggest-bitcoin-hacks/
I wonder whether Bitcoin has been hacked in the past?
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