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781  Bitcoin / Press / Re: NEW articles in Press Forum on: September 06, 2012, 12:22:43 AM
2012-09-05 theatlanticwire.com - A BitCoin Heist and the Upside of Government Regulation

https://bitcointalk.org/index.php?topic=106074.0
782  Bitcoin / Press / 2012-09-05 theatlanticwire.com - A BitCoin Heist and the Upside of Government Re on: September 06, 2012, 12:21:49 AM
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A BitCoin Heist and the Upside of Government Regulation

Rebecca Greenfield
2012-09-05


http://www.theatlanticwire.com/technology/2012/09/bitcoin-heist-and-upside-government-regulation/56517/

Last night's Bitcoin heist of $250,000 (or so) worth of the virtual currency shows that this world isn't quite ready for an online alternative to dollar bills because the promises of deregulation aren't worth the safety hazards.
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This situation, like Bitcoin hacks before it, also illuminates the apparent safety issues which have also kept Bitcoin from mainstream success.
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The people who once eschewed the law have now found it as their only avenue to get their money back. (How incredibly ironic.)
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Though, there is one seemingly positive aspect of this robbery for Bitcoin: The currency is valuable enough to be worth stealing.
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783  Bitcoin / Press / Re: NEW articles in Press Forum on: September 06, 2012, 12:16:11 AM
2012-09-05 project-disco.org - BITCOIN’S IMMINENT ARRIVAL

https://bitcointalk.org/index.php?topic=106073.0
784  Bitcoin / Press / 2012-09-05 project-disco.org - BITCOIN’S IMMINENT ARRIVAL on: September 06, 2012, 12:13:33 AM
project-disco.com/DisCo (Disruptive Competition) is a project to promote disruptive innovation and competition to policymakers. Plenty of other groups in DC defend incumbent industries and protect the status quo; DisCo brings together experts to explain how disruptive change in the modern economy promotes growth and advances our society.

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BITCOIN’S IMMINENT ARRIVAL

Ross Schulman
2012-09-05

http://www.project-disco.org/competition/bitcoins-imminent-arrival/

A couple weeks ago I pointed to the disruptive potential of Bitcoin, a currency and value exchange that used peer-to-peer and cryptographic technologies to disrupt the currency and payment marketplaces. At the time I was left wondering how you might be able to tell when something like Bitcoin had “arrived.”
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Finally, it must be that a new currency on the block has arrived when some are engaged in what appears from the outside to be a Ponzi scheme denominated in it.
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785  Bitcoin / Press / 2012-09-05 theverge.com - Bitcoin exchange BitFloor suspends operations after $2 on: September 06, 2012, 12:09:52 AM
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Bitcoin exchange BitFloor suspends operations after $250,000 theft


Louis Goddard
2012-09-05

http://www.theverge.com/2012/9/5/3293375/bitfloor-bitcoin-exchange-suspended-theft

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While the theft appears to have been the result of poor security practices rather than any fault in Bitcoin itself, it will nevertheless come as blow for the virtual currency, which has recently suffered a series of PR disasters.
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786  Bitcoin / Press / Re: 2012-09-05 nbcnews.com - $250,000 worth of Bitcoins stolen in net heist on: September 06, 2012, 12:06:37 AM
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$250,000 worth of Bitcoins stolen in net heist

Devin Coldewey
2012-09-05

http://www.nbcnews.com/technology/technolog/250-000-worth-bitcoins-stolen-net-heist-980871

A security breach at a purveyor of virtual currency Bitcoins (BTC) has resulted in the loss of very real dollars totaling around $250,000.
...

Shouldn't all press articles reporting the same event be listed in the same thread or something?  It's kind of annoying to receive a different notification for each of them.

It's boring to read and boring to post... but if it's a different Author and different text - it should have it's own thread in my opinion.
787  Bitcoin / Press / Re: NEW articles in Press Forum on: September 05, 2012, 11:50:38 PM
2012-09-05 nbcnews.com - $250,000 worth of Bitcoins stolen in net heist

https://bitcointalk.org/index.php?topic=106070.0
788  Bitcoin / Press / 2012-09-05 nbcnews.com - $250,000 worth of Bitcoins stolen in net heist on: September 05, 2012, 11:50:10 PM
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$250,000 worth of Bitcoins stolen in net heist

Devin Coldewey
2012-09-05

http://www.nbcnews.com/technology/technolog/250-000-worth-bitcoins-stolen-net-heist-980871

A security breach at a purveyor of virtual currency Bitcoins (BTC) has resulted in the loss of very real dollars totaling around $250,000.
...
789  Bitcoin / Press / Re: NEW articles in Press Forum on: September 05, 2012, 11:46:45 PM
2012-09-05 venturebeat.com - Hacker holds alleged Romney tax returns ransom for $1M in Bitcoins

https://bitcointalk.org/index.php?topic=106069.0
790  Bitcoin / Press / 2012-09-05 venturebeat.com - Hacker holds alleged Romney tax returns ransom for on: September 05, 2012, 11:46:17 PM
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Hacker holds alleged Romney tax returns ransom for $1M in Bitcoins

Meghan Kelly
2012-09-05

http://venturebeat.com/2012/09/05/romney-tax-returns-hacked/

Ready for the most outlandish story of your day? Here we go. Today a hacker allegedly stole Mitt Romney’s tax returns and is demanding $1 million in Bitcoins for silence. The hacker also sent a USB drive and letter to the Republican and Democratic party offices in Williamson County, Tenn. as proof.
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791  Economy / Trading Discussion / Re: Interesting conversation with a retailer who formerly accepted Bitcoin on: September 05, 2012, 01:55:29 PM

Its not only a matter of skill, I had a wallet a year and a half ago when I was first checking it out... Its a matter of what I want to spend my time on... even the online exchanges are a pain to deal with compared to just accepting a credit card. I have no desire to spend time keeping track of some file.

If bit-floor comes back online, I think the only answer is to just sell every bit-coin as soon as I get it. The issue with doing that is that it really ups the cost of accepting bit-coins, as there will be higher percentage of fees if im doing lots of little withdrawals.


What about the blockchain.info/wallet ?   This system doesn't have access to your private keys, because it only decrypts them in your browser when you log in.
You can get it to send an encrypted backup to your email - so even if the blockchain.info servers were to just disappear, you'd still be able to recover your bitcoins.

With the capability to 'pair' your account to an app on the android phone, it really is quite convenient.

Surely this would suffice to hold a few hundred/thousand dollars at a time until ready to squirt them into an exchange?

792  Bitcoin / Press / Re: NEW articles in Press Forum on: September 05, 2012, 08:32:06 AM
2012-09-05 - BitCoin Exchange Loses $250,0000 After Unencrypted Keys Stolen

https://bitcointalk.org/index.php?topic=105948.0
793  Bitcoin / Press / 2012-09-05 pcworld.com - BitCoin Exchange Loses $250,0000 After Unencrypted Keys on: September 05, 2012, 08:31:42 AM
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BitCoin Exchange Loses $250,0000 After Unencrypted Keys Stolen

Jeremy Kirk
2012-09-05

http://www.pcworld.com/businesscenter/article/261894/bitcoin_exchange_loses_2500000_after_unencrypted_keys_stolen.html#tk.rss_news


Hackers stole about US$250,000 from BitFloor, a BitCoin exchange, on Monday, and it does not have the money to reimburse account holders, according to the website's founder.
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The cryptography wrapped around BitCoins is designed to make it nearly impossible to derive the private keys needed to gain possession of the secret number. But in the case of BitFloor, hackers found the keys.
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794  Bitcoin / Press / Re: NEW articles in Press Forum on: September 05, 2012, 07:04:57 AM
2012-09-04 venturebeat.com - Future of top U.S. Bitcoin exchange in doubt as $250K in virtual currency stolen

https://bitcointalk.org/index.php?topic=105940.0
795  Bitcoin / Press / 2012-09-04 venturebeat.com - Future of top U.S. Bitcoin exchange in doubt as $25 on: September 05, 2012, 07:04:19 AM
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Future of top U.S. Bitcoin exchange in doubt as $250K in virtual currency stolen

John Koetsier
2012-09-04


http://venturebeat.com/2012/09/04/bitcoin-future-in-doubt-as-250k-stolen/

The future of the top U.S. Bitcoin echange is in doubt after $250,000 in virtual currency was stolen last night.

As CNet reports, an unidentified hacker found and absconded with an unencrypted backup of virtual wallet keys, taking 24,000 bitcoins, each worth just over ten U.S. dollars. It’s the virtual equivalent of leaving your wallet on the cafe table as you go to use the restroom.
...



On the other hand, other Bitcoin exchanges have gone bankrupt, some have been hacked, and there are trojans and viruses in the wild that can steal Bitcoin digital wallets.

It’s not something that engenders trust in something as fundamental as money.
796  Bitcoin / Press / Re: NEW articles in Press Forum on: September 05, 2012, 06:38:08 AM
2012-09-05 zdnet.com - BitFloor exchange robbed of US$250,000, all trading halted

https://bitcointalk.org/index.php?topic=105937.0
797  Bitcoin / Press / 2012-09-05 zdnet.com - BitFloor exchange robbed of US$250,000, all trading halte on: September 05, 2012, 06:37:25 AM
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BitFloor exchange robbed of US$250,000, all trading halted
Summary: BitFloor has been robbed an amount equivalent of a quarter of a million US dollars, and has forced to halt all trading while it assesses whether it can recoup its losses and continue operating.


Michael Lee
2012-09-05

http://www.zdnet.com/bitfloor-exchange-robbed-of-us250000-all-trading-halted-7000003736/

The fourth largest BitCoin (BTC) exchange market BitFloor has temporarily ceased trading and shut down, following an attack that has seen over US$250,000 stolen from the pool of coins that the organisation uses to execute trades.
...
Shtylman said that the loss may result in BitFloor folding its operations; however, that would be a last resort measure. If he decides to take that option, Shytlman has said that he still has logs of all the accounts, trades and transfers, which will allow him to make account repayments to BitFloor customers using the exchange market's remaining funds.
...
798  Bitcoin / Press / Re: NEW articles in Press Forum on: September 05, 2012, 06:12:22 AM
2012-09-04 nashvillecitypaper.com - Anonymous group allegedly hacked Romney tax records via Franklin firm

https://bitcointalk.org/index.php?topic=105935.0
799  Bitcoin / Press / 2012-09-04 nashvillecitypaper.com - Anonymous group allegedly hacked Romney tax on: September 05, 2012, 06:11:27 AM
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Anonymous group allegedly hacked Romney tax records via Franklin firm

Ken Whitehouse
2012-09-04

http://nashvillecitypaper.com/content/city-news/anonymous-group-allegedly-hacked-romney-tax-records-franklin-firm

An anonymous individual or group is alleging that they have gained "all available 1040 tax forms" of GOP presidential candidate Mitt Romney by accessing computers in the Franklin office of the professional services firm PricewaterhouseCoopers.
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An excerpt from one message states:
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The deal is quite simple. Convert $1,000,000 USD to Bitcoins (Google if if you need a lesson on what Bitcoin is) using the various markets available out in the world for buying. Transfer the Bitcoins gathered to the Bitcoin address listed below. It does not matter if small amounts or one large amount is transferred, as long as the final value of the Bitcoins is equal to $1,000,000 USD at the time when it is finished. The keys to unlock the data will be purged and what ever is inside the documents will remain a secret forever.
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Original bitcointalk discussion thread: https://bitcointalk.org/index.php?topic=105929.0
800  Bitcoin / Press / Re: NEW articles in Press Forum on: September 05, 2012, 05:27:07 AM
2012-09-05 thenextweb.com - Future of top US Bitcoin exchange in doubt after hackers grab $250,000

https://bitcointalk.org/index.php?topic=105924.0
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