3 ms·
> Bitcoin has a neat feature of not requiring armies or vaults to protect itself. Not even cannons can protect it. - One day, due to the accidental wallet des
by hourago 4y ago
> Bitcoin has a neat feature of not requiring armies or vaults to protect itself.
Not even cannons can protect it.
- One day, due to the accidental wallet destruction during the server reboot, they lost keys to all BTC wallets, resulting in loss of 17k BTC.
- The hackers breached Bitcoin7 servers and gained full access to the main BTC depository and 2 of the 3 backup wallets.
- The 43,000 BTC Linode theft was not enough, and another 18,457 BTC was stolen from Bitcoinica’s reserves. The CEO Zhou Tong was barely able to prevent the loss of 30,000 more. The site was immediately shut down for security reasons.
- Hackers outside the country infected the internal network of the exchange with a virus that was transmitted through email, and it allowed them to steal private keys.
- ...
https://medium.com/hackernoon/a-huge-list-of-cryptocurrency-thefts-16d6bf246389 https://medium.com/hackernoon/a-huge-list-of-cryptocurrency-...
Bitcoin is not safer than the security of your key storage.