https://www.cryptocoinsnews.com/bitpay-hacked-5-000-bitcoins-stolen
The article has a misleading title.
Essentially, it seems the CEO of BitPay manually transferred the bitcoins. Someone had hacked the CFO's email account and used that to request the CEO to carry out the transfers.
No one hacks computers anymore. People are much easier.
Social engineering...i love it.
Those coins being dumped probably contributed to the early January crash.
nice standards at bitpay. someone should send them a PGP for dummies.
would never trust them after this incident.
Ridiculous. Transferring that kind of money with only email confirmation is almost asking to get ripped off.
Quote from: puppies on September 17, 2015, 08:35:29 PM
Ridiculous. Transferring that kind of money with only email confirmation is almost asking to get ripped off.
Congrats to a very rich Nigerian prince!
I think dynamic account permissions (https://bitshares.org/technology/dynamic-account-permissions/) are Graphenes greatest feature. Even beyond price stable cryptocurrencies.
Quote from: Method-X on September 17, 2015, 09:36:53 PM
I think dynamic account permissions (https://bitshares.org/technology/dynamic-account-permissions/) are Graphenes greatest feature. Even beyond price stable cryptocurrencies.
Why? :)