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Second major Bitcoin heist this month allegedly takes over $1 million

26
Nov
2013

Hackers have allegedly stolen over a thousand bitcoins from the European payment processor BIPS in a theft thats now valued at over $1 million. BIPS tells Mashable that most of the bitcoins — 1,295 in total — came from the companys own holdings, but several consumer wallets were also compromised in the hack. The payment provider says that it was initially hit with a DDoS attack on November 15th, followed by a second attack on November 17th that managed to take the funds. Though BIPS disclosed some information on the attack just two days later, full details dont appear to have been given until last Friday. You may want to find alternative storage solutions as soon as possible.

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