Using the same transaction malleability bug in bitcoin’s protocol that led to bitcoin exchanges like Mt. Gox and BitStamp shutting down withdrawals, hackers cleaned out the bitcoin wallet belonging to Silk Road 2, an underground Internet black market that launched in October after the FBI shut down the original Silk Road.
The hackers made off with 4474.27 bitcoins, roughly the equivalent of $2.7 million.
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- 80Government regulators around the world have spent the last year scrambling to prevent bitcoin from becoming the currency of choice for money launderers and black marketeers. Now their worst fears may be about to materialize in a single piece of software. On Thursday, a collective of politically radical coders that…
- 80A bug in the bitcoin software that makes it possible to alter transaction details over the network has caused panic-selling among holders of the crypto-currency, sending prices crashing below the $600 mark on Monday morning. http://www.finextra.com/news/fullstory.aspx?newsitemid=25707
- 79Bitcoin prices are all out of whack. Mtgox cratering. pic.twitter.com/exe8Bwl6cG
- 77The price of the digital currency bitcoin slid to its lowest level in nearly two months on Monday after bitcoin digital marketplace Mt. Gox said a halt on withdrawals it announced on Friday would continue indefinitely after it detected "unusual activity." http://www.reuters.com