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Bitcoin => Press => Topic started by: WishICanTurnBackTime on August 15, 2016, 02:15:07 PM



Title: [2016-08-15]Hong Kong hack highlights weak security at bitcoin exchanges
Post by: WishICanTurnBackTime on August 15, 2016, 02:15:07 PM
The value of bitcoins plunged in early August after Bitfinex, a major exchange based in Hong Kong, said it had been hacked and funds stolen.
It was a serious security breach that could weaken investors' confidence in bitcoin exchanges and cramp growth in the popularity of the digital currency.
"Today we discovered a security breach that requires us to halt all trading on Bitfinex, as well as halt all digital token deposits to and withdrawals from Bitfinex," the exchange said in an Aug. 2 blog posting. "We are investigating the breach to determine what happened, but we know that some of our users have had their bitcoins stolen."

http://asia.nikkei.com/Markets/Currencies/Hong-Kong-hack-highlights-weak-security-at-bitcoin-exchanges