Czech bitcoin exchange Bitcash.cz hacked, up to 4,000 user wallets emptied
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Re: Czech bitcoin exchange Bitcash.cz hacked, up to 4,000 user wallets emptied
#2First the Chinese exchange (GBL) and now this? Scammers have been hitting the exchanges hard recently.
Re: Czech bitcoin exchange Bitcash.cz hacked, up to 4,000 user wallets emptied
#3First the Chinese exchange (GBL) and now this? Scammers have been hitting the exchanges hard recently.
Of course, this is a prime time to get btc and sell it. Scammers probably are not expecting the price to climb much longer in short term.
Re: Czech bitcoin exchange Bitcash.cz hacked, up to 4,000 user wallets emptied
#4This is the third story in two weeks. Either the hacking attempts are increasing or the site owners are cashing out. Either way it's bad news. Anyone with bitcoins must use an offline wallet.
Re: Czech bitcoin exchange Bitcash.cz hacked, up to 4,000 user wallets emptied
#5First the Chinese exchange (GBL) and now this? Scammers have been hitting the exchanges hard recently.
Of course, this is a prime time to get btc and sell it. Scammers probably are not expecting the price to climb much longer in short term.
On the other hand I see this more like a concerted attempt to build mistrust against the virtual currency and its distribution network. Tinfoil hat anyone?
[Edit: Thank you for your lame negative votes, sad people. You can go further and ask for more negative power to vote this down and then just die negatively voting right here.]
Re: Czech bitcoin exchange Bitcash.cz hacked, up to 4,000 user wallets emptied
#6This is the third story in two weeks. Either the hacking attempts are increasing or the site owners are cashing out. Either way it's bad news. Anyone with bitcoins must use an offline wallet.
Surveillance-driven sabotage, perhaps?
Re: Czech bitcoin exchange Bitcash.cz hacked, up to 4,000 user wallets emptied
#7Earlier quoted context omitted.
Of course, this is a prime time to get btc and sell it. Scammers probably are not expecting the price to climb much longer in short term.
On the other hand I see this more like a concerted attempt to build mistrust against the virtual currency and its distribution network. Tinfoil hat anyone? [Edit: Thank you for your lame negative votes, sad people. You can go further and ask for more negative power to vote this down and then just die negatively voting right here.]
Another theory says that the webmasters are stealing the coins themselves. Perfect crime ;).
Re: Czech bitcoin exchange Bitcash.cz hacked, up to 4,000 user wallets emptied
#8Please. Please. For the love of god please. https://en.bitcoin.it/wiki/How_to_set_up_a_secure_offline_sa...
Re: Czech bitcoin exchange Bitcash.cz hacked, up to 4,000 user wallets emptied
#9I'd love to say there's some more nefarious work going on, like governments trying to quash Bitcoin and executing these hacks...
But my guess is it comes down to poor security.
Re: Czech bitcoin exchange Bitcash.cz hacked, up to 4,000 user wallets emptied
#10Please. Please. For the love of god please. https://en.bitcoin.it/wiki/How_to_set_up_a_secure_offline_sa...
How safe is this compared to using a brainwallet (https://en.bitcoin.it/wiki/Brainwallet) with sufficiently strong password (say, a hundred secure-randomly generated characters)?
A brainwallet sounds far far simpler to set up, at least.