Amazon

Search in HRJ Tricks

Ad

Related Posts Plugin for WordPress, Blogger...

Saturday, April 6, 2013

Bitcoin's Wallet Service Instawallet Hacked, suspended indefinitely


Bitcoin%2527s Wallet Service Instawallet Hacked%252C suspended indefinitely
The digital currency Bitcoin has suffered yet another hack. Bitcoin wallet site Instawallet has been taken offline after a security compromise, has suspended its service indefinitely...
Instawallet didn't say in a notice on its website how many bitcoins were stolen after hackers fraudulently accessed company database. "The Instawallet service is suspended indefinitely until we are able to develop an alternative architecture. Our database was fraudulently accessed, due to the very nature of Instawallet it is impossible to reopen the service as-is."

Bitcoin is a virtual currency that uses a peer-to-peer system to confirm transactions through public key cryptography. The company also announced it will accept claims for individual Instawallets for the first 90 days, using the wallets’ URL and key to file the claim. Clients will then be refunded the currency value if the balance is less than 50 BTC.

The breach follows a series of attacks targeting bitcoin services. In September 2012, Bitfloor has suspended all operations after a hacker stole $250,000 worth of bitcoins. In May of last year, exchange site Bitcoinica was also breached, and attackers managed to grab bitcoins valued at $90,000.

It may be a day or two before the effect of this theft on the currency can be determined. Bitcoin-Central is expecting to have their services back up and running within 48 hours and have promised to give 24 hours notice before going live. Instawallet however has been permanently compromised and is closing.

7 comments:

  1. I'm not sure where you are getting your info, but good topic. I needs to spend some time learning more or understanding more. Thanks for wonderful information I was looking for this information for my mission.

    Visit my blog :: Free Minecraft

    ReplyDelete
  2. Molasses goes well with ginger, and is currently spending
    every waking hour fighting an election that no one asked.
    But adding testosterone, typically prescribed to men who suffer from illnesses
    affecting the liver or kidneys may take Farmacia On Line in some cases have died while using Farmacia On Line.
    In 2005, the agency asked Pfizer to summarize what it knew.


    Feel free to visit my blog :: click this

    ReplyDelete
  3. Do you have a spam problem on this website; I also am a blogger,
    and I was wanting to know your situation; many of us have developed some nice methods and we
    are looking to trade solutions with other folks, why
    not shoot me an email if interested.

    my blog post ... investment trading

    ReplyDelete
  4. Hello, I read your blog daily. Your humoristic style is witty, keep it up!


    Feel free to surf to my weblog Car Town Free Blue Points

    ReplyDelete
  5. Exсellent way of desсribing, аnd
    pleasant post to take іnformation concerning mу ρresеntation subject,
    which i am going to conνey in acadеmу.


    My blog post :: kindergarten

    ReplyDelete
  6. This is the right blog for anyone who hopes to understand this
    topic. You realize so much its almost hard to argue with you (not that I actually would want to…HaHa).
    You definitely put a brand new spin on a topic which has been discussed for years.
    Wonderful stuff, just wonderful!

    Also visit my website http://www.oferty.tajfunnik.slask.pl/sprzedam-wozek-fotelik-gdynia-zl- 40000

    ReplyDelete
  7. hey there and thank you for your info – I have definitely picked up anything new from right
    here. I did however expertise some technical issues using this site, since I experienced to reload the website a lot of times previous to I could get it to load
    properly. I had been wondering if your hosting is OK?
    Not that I am complaining, but slow loading instances times will sometimes
    affect your placement in google and can damage your high quality score if ads and marketing with Adwords.
    Anyway I am adding this RSS to my e-mail and can look out for much more of your respective interesting content.
    Make sure you update this again soon.

    Feel free to surf to my site :: バーバリー 時計

    ReplyDelete