CryptoThrift Suffers Security Breach, 15 BTC Stolen, Escrow Service Suspended

CryptoThrift Suffers Security Breach, 15 BTC Stolen, Escrow Service Suspended

Another popular bitcoin site has been the victim of a hack. CryptoThrift, an “eBay like” site that allows buyers and sellers conduct their transactions in both Bitcoin and Litecoin, announced today that they lost a “little over” 15 BTC that was being held in escrow in a hot wallet. The attack took place early Sunday morning. The funds, which the company says it will cover, were being held in escrow during the duration of various sales. CryptoThrift has stated that the majority of the funds being held in escrow were held in offline storage, safe from the attacker. That security practice is....


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