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BitFloor Joins List of Compromised BitCoin Exchanges

Posted by Unknown on from the after-heist-six-bitcoin-becomes-a-real-boy dept.

hypnosec writes "An attacker managed to access an unencrypted backup of wallet keys and steal 24,000 BTC (worth more than a quarter million USD), following which Bitcoin exchange Bitfloor has been shut down while the investigation of the theft is going on. The attack was carried out sometime last night. In a forum post, Shtylman pleads with Bitcoin users that BitFloor needs their help."

2 of 232 comments (clear)

  1. You need help alright by wbr1 · · Score: 3, Interesting

    Why the fuck was your backup of keys stored umencrypred? It costs only a vew cpu cycles.
    This smacks of an inside job, which given the nature of bitcoin, is far to easy.
    Set up exchange, collect keys, lose keys in 'compromise', profit. No ???? Needed.

    --
    Silence is a state of mime.
  2. Re:Why ever use Bitcoin in the first place? by localman57 · · Score: 4, Interesting

    People in places that Americans frequently view as backward and primative have had this figured out for a long time

    Obviously, there's lots of ways things could go wrong, but I'd give them my money before I'd put it in a bitcoin exchange...