10 years ago
4
$1.2M Hack Shows Why You Should Never Store Bitcoins on the Internet
Here’s your digital-currency lesson of the day, courtesy of a guy who calls himself TradeFortress: “I don’t recommend storing any bitcoins accessible on computers connected to the internet.”
Continue Reading
http://www.wired.com
Additional Contributions:
Join the Discussion
The worst thing about it is that we don't know if the owner of the site did it himself and then blamed hackers, while running away with 1.2 million dollars worth of bit coins.
I wouldn't be surprised.
Doubt it, the owner of the site spilled the beans on what happened.
There is a general sense of "wild west" that we need to consider with bitcoins. Sure its a currency, and yes it is secure to some degree. But unless these "exchanges" are somehow governed by a higher institution, sites like these will say they have been hacked to get away with millions of dollars worth of gold..err bitcoins. There is just no way to guarantee that your wallet wont be hacked. I guess best practices are still evolving, and it will be a while until this currency can truly be safe.