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

Posted by timothy on 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.

2 of 51 comments (clear)

  1. Wow by dugancent · · Score: -1, Troll

    Bitcoin

    lol

    --
    SJWs are the new boogeyman. -Me
  2. No support from developer.... by The+New+Guy+2.0 · · Score: -1, Troll

    We've been talking BitCoin for years now... it paid billions or even a trillion to the guy who came up with it, who never identified and then disappeared. BitCoins were never convertible to dollars, just things like pizza. People who converted their whole wealth to BItCoins couldn't get money back, and there wasn't enough of an economy to meet all needs.

    Third-party exchanges like the one we're discussing now are going to have problems, and not be backed up like MasterCard and Visa. This is like a bank saying everybody's money is frozen due to a system changeover... it's the kind of thing that makes customers want to leave, but there's no move possible. Buyer Beware of these scams in the future.