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.
oops...
The greatest value of bitcoin seems to be in generating headlines.
much of left-wing thought is a kind of playing with fire by people who don't even know that fire is hot - George Orwell
Really? Isn't the dream of librarians of that top button finally being released to expose the...
Oh wait, that's my dream of librarians.
1. Generate bitcoins.
2. Hack in and steal bitcoins.
3. Sue for real money.
4. Profit!
The trouble with the rat race is that even if you win, you're still a rat." Lily Tomlin
secret back-door master password
Was the HACKER in question getting a BLOWJOB at the time while having a GUN pointed at his head?
How does one destroy a bitcoin?
Storing it at linode seems a good start.
That would be an interesting claim to file. "They stole my bits! I demand that you replace them."
The RIAA, MPAA and Microsoft have been doing it for years now.
The Wolfpack Project: BitCoin + Crowdfunding = Political Accountability