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View Full Version : Large Bitcoin Exchange Halts Trading After Hack


MtnGoat
01-06-2015, 12:12
One of the largest bitcoin exchanges on the Internet has temporarily suspended its services after losing some 19,000 bitcoins ($5.1 million) in what the company said was a breach of its systems.

http://blogs.wsj.com/digits/2015/01/06/large-bitcoin-exchange-halts-trading-after-hack/?mod=WSJ_hpp_sections_tech

Now a large take away from this article is this IMO:

Also, the amount of venture-capital money going toward bitcoin startups more than tripled in 2014, from about $93 million a year ago to $315 million this year.

Think BitCoin isn't a good investment? 222million increase in one YEAR.

Team Sergeant
01-07-2015, 09:52
Bitcoins is one of the dumbest things I've ever witnessed concerning the internet.

So you invest millions in bitcoins, nice. Someone hacks their websites and wipes out the millions you had in that "virtual" bank.

Seriously the dumbest thing I've seen in a long long time. Ranks right up there with:

"If it's on the internet it must be true"
Ben Franklin