|
Title: Hasn't Bitcoin been hacked in the past? Post by: ADonnaldSpeak on January 15, 2018, 08:37:48 AM I wonder whether Bitcoin has been hacked in the past?
Title: Re: Hasn't Bitcoin been hacked in the past? Post by: Ivlarshall on January 15, 2018, 09:06:48 AM Yes, several times.
The most famous one is Mt.Gox. Japan-based Bitcoin exchange Mt. Gox had been operating since 2010 and was the biggest Bitcoin exchange at the time. But very few know that this big exchange was not hacked only once, but twice. The first one happened in June 2011 when the hacker was able to get ahold of Mt.Gox’s auditor’s credentials and transferred 2609 bitcoins to an address for which Mt. Gox had no keys. This led to the suspension of Mt. Gox operations for several days; but they sustained themselves in the market, and they were able to regain the trust of users. Here's a big article about it. https://coinsutra.com/biggest-bitcoin-hacks/ Title: Re: Hasn't Bitcoin been hacked in the past? Post by: Wusolini on January 15, 2018, 09:21:35 AM Important detail: Bitcoin itself has NEVER been hacked. Only some SERVICES using bitcoin (exchanges).
Title: Re: Hasn't Bitcoin been hacked in the past? Post by: hade.green on January 15, 2018, 10:40:49 AM If there is profit, there are hackers!
Title: Re: Hasn't Bitcoin been hacked in the past? Post by: mjenkins on January 15, 2018, 01:05:05 PM Bitcoin? No. Exchanges? Yes.
Title: Re: Hasn't Bitcoin been hacked in the past? Post by: teddy5145 on January 15, 2018, 01:19:50 PM Important detail: Bitcoin itself has NEVER been hacked. Only some SERVICES using bitcoin (exchanges). There is actually a vulnurelability for bitcoin existed back in 2010, but it has been patched since then and the coins did not exist anymoreAlthough it was the very early days of bitcoin, so bugs and exploits are bound to be found ::) https://en.bitcoin.it/wiki/Value_overflow_incident Title: Re: Hasn't Bitcoin been hacked in the past? Post by: Wusolini on January 15, 2018, 01:31:58 PM Important detail: Bitcoin itself has NEVER been hacked. Only some SERVICES using bitcoin (exchanges). There is actually a vulnurelability for bitcoin existed back in 2010, but it has been patched since then and the coins did not exist anymoreAlthough it was the very early days of bitcoin, so bugs and exploits are bound to be found ::) https://en.bitcoin.it/wiki/Value_overflow_incident Interesting. Was not aware of that (happened before I started with BTC). Thanks for educating me. Title: Re: Hasn't Bitcoin been hacked in the past? Post by: ketumbar on January 15, 2018, 05:56:54 PM for my area bitcoin has never been hacked. but I have to be more careful so as not in hokey
|