Bitcoin Forum
May 04, 2024, 02:21:14 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Did I Miss Something?: Major Bitcoin Theft  (Read 748 times)
LostDutchman (OP)
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250



View Profile WWW
November 08, 2013, 06:45:39 PM
 #1

Have I missed discussion of this?

http://www.bbc.co.uk/news/technology-24871444

" 8 November 2013 Last updated at 11:22 ET
Major Bitcoin theft from website, claims owner

A man who ran an online "wallet service" for storing Bitcoins has claimed hackers stole virtual currency from his site worth more than one million Australian dollars.

The Australian man said 4,100 Bitcoins (US$1.04m, £650,000) were taken in two separate attacks.

He said he would not report the theft to police as Bitcoin transactions are virtually impossible to trace.

This has led some users to speculate whether it was an "inside job".

In a radio interview with ABC News the man, who only used his online name TradeFortress, denied being involved.

The Bitcoin virtual currency is increasingly used to pay for things online.

According to the Sydney Morning Herald, the theft occurred on 26 October but users were only alerted this week via a message he posted on the wallet service's website.

"I know this doesn't mean much, but I'm sorry, and saying that I'm very sad that this has happened is an understatement.

"Please don't store Bitcoins on an internet-connected device, regardless if it is your own or a service's."

Bitcoin is the most well known of a handful of virtual currencies. The currencies are developed through a computer process called "mining" and can be traded on exchanges or privately between users."



Corporations For Crypto
Protect Your Assets and Reduce Your Tax Liability With A Kansas Corporation!
We Demand Justice From BFL
1714789274
Hero Member
*
Offline Offline

Posts: 1714789274

View Profile Personal Message (Offline)

Ignore
1714789274
Reply with quote  #2

1714789274
Report to moderator
1714789274
Hero Member
*
Offline Offline

Posts: 1714789274

View Profile Personal Message (Offline)

Ignore
1714789274
Reply with quote  #2

1714789274
Report to moderator
1714789274
Hero Member
*
Offline Offline

Posts: 1714789274

View Profile Personal Message (Offline)

Ignore
1714789274
Reply with quote  #2

1714789274
Report to moderator
"Governments are good at cutting off the heads of a centrally controlled networks like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
BadBear
v2.0
Legendary
*
Offline Offline

Activity: 1652
Merit: 1127



View Profile WWW
November 08, 2013, 06:47:32 PM
 #2

Nobody has been talking about this at all, good catch.

1Kz25jm6pjNTaz8bFezEYUeBYfEtpjuKRG | PGP: B5797C4F

Tired of annoying signature ads? Ad block for signatures
LostDutchman (OP)
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250



View Profile WWW
November 08, 2013, 06:49:13 PM
 #3

Nobody has been talking about this at all, good catch.

Thanks!

Seems there is much more money in STEALING Bitcoins than in mining, selling "shares", selling "contracts" or selling "bonds"!

My $.02.

Wink

Corporations For Crypto
Protect Your Assets and Reduce Your Tax Liability With A Kansas Corporation!
We Demand Justice From BFL
kuriboh
Sr. Member
****
Offline Offline

Activity: 358
Merit: 285


View Profile
November 08, 2013, 07:47:44 PM
 #4

That's why we can't trust bitcoin storage in the cloud.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!