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Bitcoin Exchange Mt.Gox Suffers Serious Attack, Instawallet Offline

Posted by timothy on from the which-fed-bank's-ip-address? dept.

Bruce66423 writes "The BBC reports that Mt.Gox, the main exchange dealing with Bitcoins, has been attacked, and other resources are off line. A scary reminder of how insecure ALL money is in the computer age..." Also at TechWeekEurope. A message at bitcoin storage service Instawallet's site begins "The Instawallet service is suspended indefinitely until we are able to develop an alternative architecture. Our database was fraudulently accessed, due to the very nature of Instawallet it is impossible to reopen the service as-is."

4 of 388 comments (clear)

  1. Yet the value of BitCoin keeps on rising by Anonymous Coward · · Score: 2, Funny

    Why does it smell like tulips in here....

  2. Re:Is it? by Anonymous Coward · · Score: 5, Funny

    And if you did trust it on a server somewhere, would that server be "Magic The Gathering Online Exchange"?

    (Or are we supposed to forget that that's what "MtGOX" stands for?)

  3. Re:Is it? by camperdave · · Score: 4, Funny

    See! I knew bitcoins were some in-game currency.

    --
    When our name is on the back of your car, we're behind you all the way!
  4. Re:Is it? by camperdave · · Score: 5, Funny

    The big sack of pennies under my bed is as secure as ever.

    Security through bad-guys-not-carrying-a-forklift... Clever.

    --
    When our name is on the back of your car, we're behind you all the way!