Slashdot Mirror
Domain: bitcoinmedia.com
Stories and comments across the archive that link to bitcoinmedia.com.
Stories · 3
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Linode Exploit Caused Theft of Thousands of Bitcoins
Sabbetus writes "Popular web hosting service Linode had a serious exploit earlier today. Apparently the super admin password for their server management panel was leaked and allowed a malicious attacker to target multiple Bitcoin-related servers. The biggest loss happened to a major Bitcoin mining pool that lost over 3000 BTC, which is currently worth almost 15 000 USD. Now the question is, will Linode compensate for lost bitcoins?" Update: The 3000 BTC theft was not even close to being the biggest, Bitcoin trading site Bitcoinica lost over 40,000 BTC. -
Pirate Bay To Offer Physical Item Downloads
lukehopewell1 writes "The Pirate Bay is offering users the chance to download and print out real objects using 3D printers in what the pirate site is hailing as 'the future.'" Amir Taaki mentions that among the new "physibles" uploaded to the Pirate Bay are "plans for a tabletop replica for a Warhammer 40k dreadnought that got taken down in December with a DMCA request." Downloadable 3D models have been around for a while; MakerBot users are probably all familiar with the Thingiverse. Couple TPB with a cheap method of accurate 3D scanning, though, and I wonder what illegal shapes will emerge. -
The Bitcoin Strikes Back
smitty777 writes "Slashdot readers are no doubt informed of the infamous crash of Bitcoin. In fact, its demise was followed closely here. Wired has a recent article tracking Bitcoin's climb out of chaos. Valued at $17 before the crash, it had lost 90% of its value due to the hacking incident, down to a low of $2. It climbed back up to $3 in December, and is currently valued at $4. From the article: 'Bitcoin boosters have traditionally suggested that Bitcoin is an alternative to [the world's] currencies. But we'll suggest an alternative explanation: that Bitcoin is not so much an alternative currency as a "metacurrency" that allows low-cost and regulation-free transfer of wealth between nations. In other words, Bitcoin's major competitors aren't national currencies, but wire-transfer services like Western Union.' Still, Bitcoin has significant obstacles to overcome, such as covert mining, criminal uses, and other security issues." Amir Taaki of the Bitcoin Consultancy (who did an interview here a while back) disputes the reasoning and the conclusions in the Wired article.