Hackers Steal $5M In Bitcoin During Bitstamp Exchange Attack

itwbennett writes: After a weekend hack forced the Bitcoin exchange Bitstamp to shut down, Bitstamp has revealed that $5 million worth of bitcoin was stolen during the attack. And that's not all the bad news for Bitcoin this week: Canadian Bitcoin exchange Vault of Satoshi announced it is is no longer accepting new deposits and will close Feb. 5. But in this case the operators are pursuing new business opportunities, saying in a post that the shutdown "has absolutely nothing to do with insolvency, stolen funds, or any other unfortunate scenario."

Comments

Re:Bitstamp hack.....

[Nutria]

If bank of america and other major institutions cannot keep your info out of the hands of hackers why would you think any other website is infallible?

My bank (Chase) got hacked last year, and Teh Evil Haxx0rz might have gotten my vital info, but all of my money is still in the bank.

Months before that, someone used my Chase CC to buy a couple of Amtrak tickets (presumably to then refund them for cash). Got a fraud alert from Chase, and called them to confirm that it was in fact fraud. They immediately canceled my card sent me new ones. Checks of my & my wife's credit reports show no unusual activity.

So, thank you very much, but I'll stick with fiat money stored in an actual, regulated American bank.