Linode Exploit Caused Theft of Thousands of Bitcoins

Posted by ryuzaki0 on Thursday March 1, 2012 @03:07PM from the say-goodbye dept.

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.

3 of 450 comments (clear)

Min score:

Reason:

Sort:

Don't you just LOVE an unregulated service by Anonymous Coward · 2012-03-01 15:14 · Score: -1, Troll

Ain't that the dream of Libertarians, that without regulation, things will go so much smoother and more effectively, and nobody will have cause for complaint.
0 wyth, sumtig izzn't qyte ryte har!
LOL by Anonymous Coward · 2012-03-01 15:15 · Score: 0, Troll

"Worth 15,000" Good luck cashing them out for a currency you can actually use.
This is the equivalent of stealing Monopoly money.
Re:So, to sum up... by benjamindees · 2012-03-01 15:37 · Score: 0, Troll

What use do you see in Federal Reserve Notes?

--
"I assumed blithely that there were no elves out there in the darkness"