A Bitcoin transaction services company says that hackers broke into one of its brokerage accounts last week, nabbing more than $12,000 worth of the digital currency.
That attack knocked Bitinstant offline over the weekend. The company says that while it lost Bitcoins, no customers were affected by the hack.
The criminals were able to take control of Bitinstant’s internet domains by convincing its domain registrar, Site5, to hand over control of the company’s Domain Name Service, or DNS. “Armed with knowledge of my place of birth and mother’s maiden name alone (both facts easy to locate on the public record) they convinced Site5 staff to add their email address to the account and make it the primary login,” the company said Monday in a blog post detailing the incident.
With control of the DNS, the bad guys also had control over Bitinstant’s email. They then did an online password reset at a Bitcoin exchange called VirWox and started emptying Bitinstant’s account. The total haul: $12,480.
http://www.wired.com...-bitcoin-heist/
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Hackers Pull Off $12,000 Bitcoin Heist
Started by
Nvyseal
, Mar 10 2013 05:27 PM
4 replies to this topic
#1
Posted 10 March 2013 - 05:27 PM
#2
Posted 10 March 2013 - 07:02 PM
Has anyone seen banj0 around?
#3
Posted 10 March 2013 - 07:13 PM
he the #1 suspect?
#4
Posted 21 March 2013 - 05:40 PM
I swear, it's like these Feds have never even HEARD of the 4th Amendment. Sheesh.
That reminds me though, I totally forgot about my donation. Sorry bros, it shall be fixed!
.... you do take bitcoins now, right?
That reminds me though, I totally forgot about my donation. Sorry bros, it shall be fixed!
.... you do take bitcoins now, right?
#5
Posted 07 April 2013 - 01:54 AM
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