A young Australian entrepreneur says his bitcoin website has been hacked and thieves have stolen more than $1 million in virtual currency
http://www.abc.net.au/news/2013-11-08/bitcoin-site-hacked-founder-says/5078148
Will teach him to secure his servers, site, etc.
stolen more than $1 million in virtual currency
Sounds like money from the Monopoly board game.
Will teach him to secure his servers, site, etc.
I think the hardest lesson this young man may learn is how to breathe when he finds himself tied to a chair with a plastic bag over his head secured by duct tape around his neck. I only say this because the first question I asked myself when I read the story is "who would trust an 18 year old kid with over a million dollars?". The answer is either a group of people who are completely naïve, or a single entity like organized crime. He should pray that it is the former and not the latter in his situation.
ouch..., i wouldn't want to be him....
should change his name to Oxymoron.
One of the big Bitcoin exchanges MtGox is more or less insolvent it seems
http://www.scribd.com/doc/209050732/MtGox-Situation-Crisis-Strategy-Draft