Bitcoin Auction Site Puts Itself Up for Sale After Theft of 15 Bitcoins

Bitcoin Auction Site Puts Itself Up for Sale After Theft of 15 Bitcoins

Another day, another bitcoin-related story of a hacking intrusion and BTC theft. According to people that have provided documentation to CoinDesk, as well as information posted on the Bitcointalk forum, the auction site Bitmit had 15 BTC stolen, after the server was accessed by an employee of their hosting company without authorization. This theft, along with the effort and responsibility of securing an auction site that has escrow functionality, were the two largest factors in Bitmit announcing that it is being sold. And although 15 BTC does not sound like a large number, at current....


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