joebiden
4 years ago1,000+ Views
Bitcoin Robbery May be the End of the Cryptocurrency
Silk Road 2.0, a black market drug-trading site based on untraceable Bitcoins, reports that 4,474 Bitcoins, valued at about $2.7 million, have been stolen from the site. The virtual currency is encrypted computer code that is stored in a virtual wallet, and only a limited number of Bitcoins are created. The site’s administrator, who goes by the name of Defcon, posted that “a vendor exploited a recently discovered vulnerability in the Bitcoin protocol known as ‘transaction malleability’ to repeatedly withdraw coins from our system until it was completely empty.” The coins were apparently stored onsite in escrow.
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You think? Is there anywhere bitcoins are safe
4 years ago·Reply
If you keep them in your own paper or even online wallet they are safe, leaving them in exchanges is never totally safe
4 years ago·Reply
they are like online deregulated banks
4 years ago·Reply
Oh ok, thanks for learing that up
4 years ago·Reply
*clearing
4 years ago·Reply
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