BitPay Hacked, 5 000 Bitcoins Stolen
Bitcoin payments processor BitPay Inc. is the latest victim in a series of massive hacking scandals that have rocked the cryptocurrency community. The Atlanta-based Bitpay was hacked on three separate occasions in December of 2014. More than 5 000 bitcoins were stolen. Subsequent to this, BitPay sent a claim to its insurer Massachusetts Bay Insurance Company, and the latter declined to pay. The matter is now in court. A Suspect Email. It began with an email that was sent to BitPay's Chief Financial Officer (CFO) Bryan Krohn. Court documents give the identity of the email's sender as David....
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Content theft has persisted as one of the worst ills of the internet generation. Data breaches and identity thefts have always left victims with a sour taste. Bitcoin wallets have been hacked and owners’ wealth stolen on several cases. Are there ways to ultimately prevent one’s wallet from being hacked? Is there any way of recovering stolen funds from a hacked wallet? Are exchanges obliged to refund Bitcoins stolen from a virtual wallet? Every hoster of virtual wallets and exchanges will always inform wallet owners of the importance of employing sometimes very basic, and at other times a....
Imagine being on a chat. You think you're talking to a friend or to a co-worker, or maybe you're trying to contact a company to see about replacing something that was lost or damaged in a recent order. In the midst of it all, a hacker integrates the chat system you're using, logs in and steals all of your bitcoins. Pretty upsetting, right? Well, for a few users of peer-to-peer marketplace LocalBitcoins, that's exactly what happened, and many feel that the event is just one too many in a recent string of hackings that include an attack on European exchange Bitstamp, which resulted in $5....
Thousands of bitcoins have been stolen from users since the virtual currency started, and yet we can see all of these thefts happen, in real time, on the block chain. We know which addresses the stolen coins are sent to, and which ones they are stolen from. We can track the life of a bitcoin through the network. Why, then, can't we simply take those stolen coins out of commission? A UK-based digital forensic services firm, Systech, has begun offering a recovery service for lost and stolen bitcoins. The service is twofold: firstly, it will use its traditional forensic data recovery....
OpenEx.com has been hacked for more than 11 Bitcoins. The website states: The Server was hacked. Bitcoin wallet was stolen. do not deposit any more bitcoins. please withdraw the rest of your coins for details on the hack see: Bitcoin talk thread: .5 btc reward. Here the admin r3wt writes: attacker used ssh to gain access and steal btc wallet. i discovered this while trouble shooting a customer who had not received his deposit even though it showed pending. then i discovered our btc wallet was drained, all the accounts gone and the wallet.dat missing; i am offering 400 bucks for the....
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....