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overtheedge
Member since May 2012
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>“A Bug in the Bitcoin Software” - Tim Iacono - Iacono Research
The BBC just reported that Silk Road 2 just got hacked for $2.7 million worth of bitcoins.

Don't forget that Bitstamp (Slovenia) and BTC-e (Bulgaria) just shut down to protect the bitcoin wallets entrusted to them.

I find it a bit odd that the Bitcoin Foundation originally reported the problem was just Mt Gox and their use of proprietary software.
Please stand by for Bitcoin Foundation credibility adjustment.


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Beginning of the headline :Bitcoin is having another rough day today after Mt. Gox, the biggest exchange for the digital currency, announced an indefinite extension on the withdrawal ban that it originally announced last Friday. Not surprisingly, the currency as measured in U.S. dollars has been struggling lately as shown in the Blockchain chart below and lower prices are likely ahead. A Reuters report noted the price dipped as low as $500 earlier today and that a Mt. Gox spokesman blamed “a bug in the bitcoin software” ... Read More
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