Bitcoin Exchange Bitfinex Says It Was Hacked, Roughly $60M Stolen (reuters.com)

An anonymous reader quotes a report from Reuters: Hong Kong-based digital currency exchange Bitfinex said late on Tuesday it has suspended trading on its exchange after it discovered a security breach, according to a company statement on its website. The company said it has also suspended deposits and withdrawals of digital currencies from the exchange. "We are investigating the breach to determine what happened, but we know that some of our users have had their bitcoins stolen," the company said. "We are undertaking a review to determine which users have been affected by the breach. While we conduct this initial investigation and secure our environment, bitfinex.com will be taken down and the maintenance page will be left up." The company said it has reported the theft to law enforcement. It said it has not yet determined the value of digital currencies stolen from customer accounts. CoinDesk reports that the company confirmed roughly 120,000 BTC (more than $60 million) has been stolen via social media. "In response, bitcoin prices fell to $560.16 by 19:30 UTC, $530 by 23:30 and $480 at press time, CoinDesk USD Bitcoin Price Index (BPI) data reveals," reports CoinDesk. "This price was roughly 20% lower than the day's opening of $607.37 and 27% below the high of $658.28 reached on Saturday, July 30th, when the digital currency began pushing lower."

Comments

Seriously? Are people this stupid?

[bobbied]

YET ANOTHER exchange get's taken to the cleaners and looses scads of other folk's coin? Fools and their money are too soon parted.

For Pete's sake folks, DON'T keep your coin on deposit on some exchange, either buy something or convert it back into cash because *all* digital currency things are hacking magnets... And what do you think the hackers do with your coins when they steal them? Why they convert them to cash or buy something ASAP...

Would you keep your money in a bank if they kept getting robbed and YOU where the one who lost? Or if you kept gold coins in their vault and it kept getting broken into would you keep your coins there? No way. So why keep your BitCoin someplace where somebody else provides the security and YOU take the risk? Keep them on your own devices OFF LINE, until you need to use them.