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Hackers Have Stolen Millions Of Dollars In Bitcoin - Using Only - Forbes

But TradeFortress knows what he's talking about. I just woke up to see a very large chunk of my bitcoin balance gone to the. But just a day later, he

But TradeFortress knows what he's talking about. I just woke up to see a very large chunk of my bitcoin balance gone to the. But just a day later, he said, the attacker persuaded a different Verizon agent to change. Its really highlighting the insecurity of using any kind of telephone-based security, said Michael Perklin, the chief information security officer at the virtual currency exchange ShapeShift, which has seen many of its employees and customers attacked. For even more security, since, theoretically, anything connected to the internet can eventually be hacked, other users are promoting their own use of individual cold storagestoring one's coins on a device that is never connected to the internet, perhaps except to move coinsand encouraging others. But these measures have not been enough to stop the spread and success of the culprits. I backed up my wallet.dat file religiously and encrypted it but that. Update: 6:25 EST 11/07/13: This story has been updated to include comment from TradeFortress. Hi, I recently tried to send.6 mBTC to my electrum wallet, which only contained about.89 mBTC to begin with. "No company is immune, and the bigger the target, the more complex hacking attempts can get". That's why your money can't be hacked. You can see live, bitcoin price exchange rate against 163. Weeks lost his phone number and about a million dollars worth of virtual currency last year. But you can store bitcoins offline, and that's what the most careful of investors will. The irreversibility of Bitcoin transactions has often been lauded as one of the most important qualities of virtual currency because it makes it harder for banks and governments to intervene in transactions.

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