Monday, May 14, 2012

Hackers Steal $90,000 in Bitcoins

Bitcoin exchange site Bitcoinica suspended its operations on Friday after hackers managed to steal 18,547 bitcoins -- valued at about US $90,000 from its online wallet.

The user database probably was compromised as well, Bitcoinica's administrators said in an announcement posted on the site's home page. The information stored in the database included usernames, email addresses and account histories Account passwords were encrypted in a way that makes it extremely unlikely for them to be cracked, the Bitcoinica team said. However, to be on the safe side, the team advised users to change their passwords on other websites where they might have used them.

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