Hacked Bitcoin Financial Site Had No Backups 331
Posted
by
timothy
from the harsh-lessons dept.
from the harsh-lessons dept.
An anonymous reader writes "A fortnight ago the Bitcoin financial website Bitcoinica was hacked and the hacker stole $87,000 worth of Bitcoins. At the time the owner promised that all users would have their Bitcoins and US dollars returned in full, but one of the site developers has just confirmed that they have no database backups and are having difficulty figuring out what everyone's account balance should actually be. A failure of epic proportions for a site holding such large amounts of money."
Re:Honestly... (Score:5, Funny)
How are situations like this still happening?
I think 17 year olds running online currency exchanges is a fairly recent phenomenon.
And nothing of value was lost (Score:1, Funny)
A failure of epic proportions for a site holding such large amounts of money
Wait, what money? All they lost was just a bunch bitcoins. :D
No problem (Score:3, Funny)
Just check out the WayBack machine. Use the same security hole the hackers used, and just read off everyone's bank balance. Sorted!
Re:Don't care. (Score:4, Funny)
I used to think that too. Soooo sick of Bitcoin articles. But now, every Bitcoin article is a new hilarious episode of idiocy, and it gives me my daily dose of schadenfreude, so I'm loving it.
Re:Honestly... (Score:4, Funny)
Re:Ha! (Score:5, Funny)
Right on; say what you want, at least Bitcoins don't change in value.
Re:Honestly... (Score:4, Funny)
And only steal 87k? Amateurs.
Not everybody can be Mark Zuckerburg.
Re:Irony (Score:4, Funny)
Probably more of the opposite, deflation.The growing sovereign debt crises
Shit, they got to him. Thank goodness he managed to click submit.