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Someone stole $5 million from a major Bitcoin exchange

XTankSlayerX
By XTankSlayerX
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This morning, Bitstamp announced that its systems had been compromised by an unidentified attacker and shut down trading for the day, and speaking to ZDNet this afternoon, Bitstamp's CEO confirmed that a theft had occurred. While the bulk of Bitstamp's reserves are still safe, the attackers were still able to get away with nearly 19,000 bitcoin, or roughly $5 million. It's a small fortune, but a notable reminder that the era of big-ticket bitcoin thefts isn't over yet.

The bulk of Bitstamp's holdings were in cold storage, inaccessible to fast online transfers, but the attackers were able to compromise the operational wallet that manages day-to-day transactions and empty it early this morning.

Source: http://www.theverge.com/2015/1/5/7496825/someone-stole-5-million-from-a-major-bitcoin-exchange

Uhoh, at least the massive bulk of it was in "cold" storage. Could it of been a inside job?

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Source: http://www.theverge.com/2015/1/5/7496825/someone-stole-5-million-from-a-major-bitcoin-exchange

Uhoh, at least the massive bulk of it was in "cold" storage. Could it of been a inside job?

 

"but the attackers were able to compromise the operational wallet that manages day-to-day transactions" <----- They stole from the cash register not from the safe.

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Oh no.

 

Well, I'll kindly accept them but I'd probably give most of them back to the exchange.

Sig under construction.

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oh jeez seems like everything is getting hacked these days. Even the most secure form of currency got hacked 

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I wonder what they'll buy with it? probably a shitload of PC hardware lol

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Dubs are better than subs

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Oh no.

 

Well, I'll kindly accept them but I'd probably give most of them back to the exchange.

damn, I wish nice people existed more often. 

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"but the attackers were able to compromise the operational wallet that manages day-to-day transactions" <----- They stole from the cash register not from the safe.

Yeah...

I wonder how much is kept in the vualts

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bit coins the perfect thing to steal, completely untraceable.

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Good for him/them. 5mill is more than most of us will earn in their lifetimes.

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So it's a digital bankheist, interesting to see where technology has taken us.

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Is anyone really surprised by this?

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I wonder what they'll buy with it? probably a shitload of PC hardware lol

The next dual xeon water cooled rig with 4 way SLI build log we see could be from the thieve, we have to keep an eye open!

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Online/virtual currency. It was bound to happen.

 

I wonder what they'll buy with it? probably a shitload of PC hardware lol

 

Or it is drug money.

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you obviously don't know shit about bitcoin

wtf? 

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wrong post

 

hacking thru bitcoin transactions are pretty damn hard. But losing your bitcoins is quite easy. (just forget your private key and your done) 

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hacking thru bitcoin transactions are pretty damn hard. But losing your bitcoins is quite easy. (just forget your private key and your done)

it was entirely bitstamp's fault not bitcoin

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18+k bitcoin gone sure stinks. It's not Mt. Gox bad, so there's that, but crappy none the less.

 

From what I read they are making good on the stolen coins, which is certainly different from the Gox...

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it was entirely bitstamp's fault not bitcoin

yes I know. My point was that everything can be hacked. and Nothing is safe online. Contrary to what people say about bitcoin storage. Worst part about bitcoin is its unregulated so there are no laws for bitcoin 

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I wonder what they'll buy with it? probably a shitload of PC hardware lol

Maybe buy Lamborghinis like the guy from 4chan

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best*

lol, depends how you look at it. 

 

If your bitcoins gets stolen then well, you have no one to look to. Theres no evidence and the court cannot do anything about it. And there are no laws regarding bitcoins 

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