The Latest in IT Security

The shadiest tale in bitcoin just got even shadier

21
Mar
2014

Who would have thought that people would run into problems when a former hub for swapping “Magic: The Gathering” trading cards became the largest bitcoin exchange in the world? The Wall Street Journal on Thursday evening reported that Mt. Gox has found 200,000 missing bitcoins. The news comes nearly a month after the exchange’s loss of roughly 850,000 bitcoins drove it to file for bankruptcy protection in late February. Mt. Gox said recently that a major breach resulted in the theft of $500 million worth of bitcoin. Meanwhile, hackers that infiltrated the system cried “fraud” and said they had evidence that Mt. Gox CEO Mark Karpeles still had control of the bitcoin. We may never know what really happened. A

Comments are closed.

Categories

FRIDAY, MARCH 29, 2024
WHITE PAPERS

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...

Featured

Archives

Latest Comments