[2016-08-29] ToI: Bitcoin Exchanges Prone to Hacking: Report

[polynesia]

Bitcoin Exchanges Prone to Hacking: Report

http://timesofindia.indiatimes.com/tech/tech-news/Bitcoin-exchanges-prone-to-hacking-Report/articleshow/53915411.cms

When hackers penetrated a secure authentication system at a bitcoin exchange called Bitfinex earlier this month, they stole about $70 million worth of the virtual currency.

The cyber theft -- the second largest by an exchange since hackers took roughly $350 million in bitcoins at Tokyo's MtGox exchange in early 2014 -- is hardly a rare occurrence in the emerging world of crypto-currencies.

[polynesia]

Coverage in other publications.

http://gadgets.ndtv.com/internet/news/cyber-threat-grows-for-bitcoin-exchanges-1452112
http://www.thehindu.com/todays-paper/tp-features/tp-metroplus/bitcoin-theft/article9052158.ece
http://tech.firstpost.com/news-analysis/security-threat-increases-for-bitcoin-after-the-recent-bitcoin-exchange-hack-332401.html