Bitcoin Trading Platform Announces Huge Downtime Following Cyber-Attack (softpedia.com)

Posted by timothy on Sunday March 20, 2016 @07:17AM from the bank-holiday dept.

An anonymous reader writes: BitQuick, a US-based Bitcoin trader has announced that it will shut down its platform for up to 2 to 4 weeks following a cyber-attack this week. The platform took this step because it has not yet identified how the hackers infiltrated their systems. It is unusual for companies to take down their systems for weeks, but after the recent Cryptsy and LoanBase hacks, the company is not willing to lose millions of dollars worth of Bitcoin. BitQuick announced clients of the incident, and 97% already withdrew their funds from the platform.

1 of 51 comments (clear)

Min score:

Reason:

Sort:

Re:No support from developer.... by Anonymous Coward · 2016-03-20 08:25 · Score: 2, Informative

"BitCoins were never convertible to dollars"
You should maybe do some more research on the subject.... What do you think bitcoin exchanges are for? Not only can you *easily* convert bitcoin to dollars.. you can quickly and easily convert it to many currencies all over the world.