Heist Steals Millions from Bitcoin Exchange

Cryptocurrency exchange Cryptsy, which trades bitcoins as well as more than 100 types of “altcoins” such as litecoin and namecoin, disclosed Jan. 15 that it was robbed in 2014. As a result of the breach, the exchange has now suspended all trades and says it will file for bankruptcy unless the stolen bitcoins are returned.

Bitdeal Exchange

Florida-based Cryptsy says the attacker stole 13,000 bitcoins, worth $5 million today, 
as well as 300,000 litecoins, worth $970,000 today. The Bitcoin exchange says the theft was not related to the recent 
phishing and distributed denial-of-service attacks that it’s suffered. It suspects that the most recent developer 
behind Lucky7Coin – LK7 – is the culprit behind the attacks, based on a backdoor that it found inside its network.

Read More @ http://www.bankinfosecurity.com/bitcoin-heist-steals-millions-from-exchange-a-8803/op-1

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