Czech bitcoin exchange Bitcash.cz hacked and up to 4,000 user wallets emptied

Bitcash.cz - a Czech exchange - claims to have been hacked, with the aftermath being 4,000 user wallets being emptied and funds stolen. teh alleged hacking took place on Monday, on November 11th, though it's unknown just how much of user money was stolen by the criminals involves. The website's Facebook page has the following statement: Unfortunately, as we have already announced on our website Bitcash.cz, our server was attacked and compromised - including the wallets. We are trying to resolve the situation, but we want to warn our users about fraudulent emails and scams [claiming to be....

Poland's digital currency exchange Bidextreme.pl has been hacked and its customers' bitcoin and litecoin wallets have been emptied. In a statement published on its website, the platform said it decided to temporarily suspend all activities until the matter is resolved. The incident was reported to the law enforcement authorities, the company said. The amount of digital currency stolen was not disclosed by the platform, which was founded in 2013. Local observers say the attack could hamper the development of Poland's bitcoin market, even though bitcoin trading is becoming increasingly....

On January 22, the Czech Bitcoin exchange, WBTCB, launched a new service that will allow Czech residents to buy bitcoin at over 8,000 terminals around the country. After completing three steps, users will be able to have bitcoin in their hands. The ATMs do not require extensive identification documents and allows for anonymous purchases. The transaction is fee is 7%, which is higher than other Bticoin ATMs. According to Czech citizen and Reddit user Kamilosas, the ATMs will vastly improve the Czech Bitcoin economy, despite the high fees.

South Korean bitcoin exchange Yapizon was hacked earlier this week, losing more than US$5 million worth of user funds and bitcoin. According to the exchange’s official statement translated by CCN, four hot wallets of the exchange were hacked by an unknown group of hackers. The Yapizon legal team noted that approximately 37 percent of user funds were hacked and exactly 3,816 bitcoins were stolen from the exchange. Users of Yapizon outraged over the exchange’s decision to spread losses from the theft equally amongst all bitcoin accounts. Considering that the exchange lost 37 percent of its....

Ascendex, a cryptocurrency exchange, suffered a security breach that allowed hackers to take control of some of the wallets of the exchange. The attack focused on hot wallets, where funds are kept as a buffer to tend to customers’ withdrawals. The company announced that it would reimburse these funds to any affected user. Peckshield, a security and auditing company estimated losses of around $77 million. Ascendex Hot Wallets Ransacked Yesterday, Ascendex, a cryptocurrency exchange, reported a security breach caused by a hack attack that focused on the hot wallets of the....