Picking Up the Pieces: Erik Voorhees Speaks on ShapeShift Hack
Recently, popular cryptocurrency exchange ShapeShift was hacked twice. The first time, an employee was behind the theft. Then, the employee, “Bob,” sold information to a second hacker, who stole from ShapeShift again. After publishing a play-by-play article on Bitcoin.com, CEO Erik Voorhees sat down with us to talk about what his company is doing in the....
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Instant multi-currency exchange ShapeShift was the victim of a security breach led by a previous team member, company CEO Erik Voorhees has revealed. Posting an update on ShapeShift’s homepage, which has been offline since the breach was discovered on April 7, Voorhees wrote: Since the investigation into the ShapeShift hack last week started, we had....
On the latest episode of the Bitcoin.com Podcast, our host Zach Doty sat down with ShapeShift CEO Erik Voorhees to discuss the recent hack that took place at the exchange. Voorhees detailed the events before and after the hack, sharing his personal reactions to the theft. Voorhees spoke with Zach as a follow up to the guest post Voorhees published on....
The chief executive officer of ShapeShift, Erik Voorhees, is cementing himself as a fan of the DeFi space. Decentralized finance (DeFi) has gained many supporters over recent months, Voorhees being one of them. He is an early adopter of Bitcoin that became one of the first public investors and innovators in the space. Related Reading: […]
Back in April, Erik Voorhees explained to Bitcoin.com the whole story of the ShapeShift hack with the “Looting of the Fox” and followed up with us in an interview about the situation. Now, the coins stolen by a hacker who collaborated with a rogue ShapeShift employee have left their original wallet, according to blockchain explorers. ShapeShift’s Stolen....
ShapeShift has recently announced that Michael Perklin has joined the team as Chief Information Security Officer. Cointelegraph has caught up Michael Perklin and Erik Voorhees, CEO and Founder of ShapeShift, on their way from Satoshi Roundtable and asked to elaborate on some key security concerns that come with Blockchain technology. Coming back stronger. Unfortunately, hacks are still inevitable, and ShapeShift suffered a breach in April 2016. A significant sum from the company’s hot wallet was stolen but not a cent of customer funds was lost, stated Erik Voorhees, the company’s CEO the....