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Title: BTER Exchange Hacked, Lost $1.75 Million Post by: Coinbuddy on February 16, 2015, 05:17:11 AM BTER, a China-based, crypto-currency exchange, has announced that its cold wallet has been hacked, resulting in the loss of 7170 BTC, approximately $1.75 million USD.
Continue reading at: http://www.coinfinance.com/news/bter-exchange-hacked-lost-1-75-million Title: Re: BTER Exchange Hacked, Lost $1.75 Million Post by: Kprawn on February 16, 2015, 05:58:19 AM Boooo hooo hoooo same old story.
The only way to stop that, is to have huge penalties for companies, who has been hacked. It will be bad for those who has been legitimately hacked, but good for those who arrange "in-house" to be hacked. These penalties can then be used to pay back a % of the money hacked. The other option, is to force them to take out insurance for instances like this. {Hacking = robbery} The insurance are then paid to the people, who lost their money. Title: Re: BTER Exchange Hacked, Lost $1.75 Million Post by: Coinbuddy on February 16, 2015, 06:17:58 AM Boooo hooo hoooo same old story. The only way to stop that, is to have huge penalties for companies, who has been hacked. It will be bad for those who has been legitimately hacked, but good for those who arrange "in-house" to be hacked. These penalties can then be used to pay back a % of the money hacked. The other option, is to force them to take out insurance for instances like this. {Hacking = robbery} The insurance are then paid to the people, who lost their money. That's why bitcoin price always falling down Title: Re: BTER Exchange Hacked, Lost $1.75 Million Post by: Grand_Voyageur on February 16, 2015, 06:26:45 AM BTER, a China-based, crypto-currency exchange, has announced that its cold wallet has been hacked, resulting in the loss of 7170 BTC, approximately $1.75 million USD. Continue reading at: http://www.coinfinance.com/news/bter-exchange-hacked-lost-1-75-million It's just too easy to fly with the BTC and say "we've been hacked"! Too much exchanges are saying it to be credible anymore. If they want to run an Exchange they have to do their job and secure it. Title: Re: BTER Exchange Hacked, Lost $1.75 Million Post by: ikydesu on February 16, 2015, 06:57:58 AM BTER, a China-based, crypto-currency exchange, has announced that its cold wallet has been hacked, resulting in the loss of 7170 BTC, approximately $1.75 million USD. Continue reading at: http://www.coinfinance.com/news/bter-exchange-hacked-lost-1-75-million offering a bounty of 720 BTC for anyone who could track down the attacker(s) and return the stolen Bitcoin. why they not hiring ppl with expert security craker ::) Title: Re: BTER Exchange Hacked, Lost $1.75 Million Post by: Madness on February 16, 2015, 07:08:29 AM It's surely not a coinsidence that this happens only China , always china who gets screwed up . As I said on another thread it's probably just another inside job and no one will know anything about it . or some big people are doing this so Bitcoin gets banned on China . China likes to ban stuff as we know .
~ Madness Title: Re: BTER Exchange Hacked, Lost $1.75 Million Post by: SargeR33 on February 16, 2015, 07:32:12 AM Lol, offering a bounty. Yeah if this was an inside job you'll never get to the bottom of it. Don't know why people trust the Chinese with anything high value. They had to recall BERRIES in Australia because they came from China and were contaminated with Hepatitis A. Great country exporting shit to the world only interested in taking money.
Title: Re: BTER Exchange Hacked, Lost $1.75 Million Post by: avw1982 on February 16, 2015, 07:48:42 AM Here is an other example why you shouldnt let your BTC on a exchange.
Title: Re: BTER Exchange Hacked, Lost $1.75 Million Post by: Mickeyb on February 16, 2015, 10:47:32 AM RIP BTER!!
https://bitcointalk.org/index.php?topic=178336.msg10476524#msg10476524 Title: Re: BTER Exchange Hacked, Lost $1.75 Million Post by: rich93 on February 16, 2015, 10:53:59 AM It's surely not a coinsidence that this happens only China , always china who gets screwed up . As I said on another thread it's probably just another inside job and no one will know anything about it . or some big people are doing this so Bitcoin gets banned on China . China likes to ban stuff as we know . ~ Madness Not true, it happened in Japan too when Mt Gox was "hacked", although the police suspect an inside job. |