Don't know if this has already been posted somewhere else. Hopefully no one here got hit. http://www.abc.net.au/news/2013-11-08/bitcoin-site-hacked-founder-says/5078148
Hmm. Nope no one posted this yet. But that's an awful lot of bitcoins stolen. So it means BitCoin is as vulnerable as other forms of currencies.
Inputs.io was the site I read on another site that he claimed it was the most secure way of storing your Bitcoins online. Probably enticed people even more to try and crack it.
Same as anything digital/online. You trust your banks online banking because they spend billions on the security of it and employ dozens of people to look after it. You don't trust an 18 year old with a $5 website who can host a server side wallet and keep a database of who has how many BTC. Fools and their money are soon parted. This is no different.
Here is a further article from the SMH. http://www.smh.com.au/it-pro/securi...oin-bank-hacked-1m-stolen-20131108-hv2iv.html
Well said. At least there's such a thing called "Deposit insurance" over here to cover up to $50,000. Just wondering if this would spur more of such high-tech "bank robberies" since there's a lax in security.
nothing really safe eh ? with PMs, you also worry to get robbed/consficated. with Bits, you also worry to get hacked. with managed funds, you also worry if it get busted. haizzzz....the end users are always the victim
Don't be surprised when you start hearing about new viruses in the world that search for a wallet.dat file and upload it to a server somewhere!
The more I read this, the more naive I realise people really are. I could have a field day scamming people on the internet out of their Bitcoins, and short of being immoral, it's not regulated so it's hardly illegal. Like I have said to someone before, getting the police involved would be like going to them and saying someone stole your shiny new virtual item in the latest computer game to be released. Oh all of those immoral ideas in my head
it's not so much people being naive but naturally ignorant Although the average Joe constantly uses the Internet (facebook, twitter etc etc) they really only just barely understand how it works. An average Joe getting into bitcoins would have pretty much nfi - add a layer of complexity (bitcoin) on to another layer of complexity that they barely understood (Internet). Obviously easy prey for the hackers of the world And it is the hackers of the world - not just the local high school student Anybody in the world with the smarts and nothing to lose