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Author Topic: Australian bitcoin user says site hacked, $1 million in virtual currency  (Read 393 times)
ymoss
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November 08, 2013, 05:51:01 AM
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http://au.news.yahoo.com/a/19741237/australian-bitcoin-user-tradefortress-says-site-hacked-1-million-in-virtual-currency-stolen/

Unlike old currencies bitcoin is digital, traded computer-to-computer, and often used to pay for goods and services on the internet.

But it has no central authority or government-based backing, and the alleged theft - one of the largest in the currency's four-year history - raises questions about digital money and if it can ever be regulated.

A bitcoin user who calls himself TradeFortress says more than 4,100 bitcoins worth about $1.1 million have been robbed from his website.
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