Security Update
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Yet another exchange hacked: Poloniex loses around $50,000 in bitcoin

Yet another exchange hacked: Poloniex loses around $50,000 in bitcoin | Security Update | Scoop.it
Firm can't cover losses: "All balances will temporarily be deducted by 12.3%."
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“Bank” that claimed to solve Bitcoin’s security problem robbed, shuts down

“Bank” that claimed to solve Bitcoin’s security problem robbed, shuts down | Security Update | Scoop.it
Flexcoin said it solved "nearly all" of Bitcoin's problems, then it lost $600,000.
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MtGox code posted by hackers as company files for bankruptcy protection

MtGox code posted by hackers as company files for bankruptcy protection | Security Update | Scoop.it
Company admits $27M in cash is missing, promises to punish wrongdoers
Oliver Eckel's insight:

If you loose 27 million US$ in customer funds it could be related to hardcoding ssh keys - not exactly best-practice

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Iranians hacked Navy network for four months? Not a surprise.

Iranians hacked Navy network for four months? Not a surprise. | Security Update | Scoop.it
NMCI, now being phased out, is the world's biggest intranet, and its biggest target.
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Kickstarter says it’s been hacked and urges users to change passwords

Kickstarter says it’s been hacked and urges users to change passwords | Security Update | Scoop.it
Crowdfunding site says no credit card data was stolen, but personal details were.
Oliver Eckel's insight:

Hack of the week !

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Responding to senator’s bid to ban Bitcoin, congressman calls for cash ban

Responding to senator’s bid to ban Bitcoin, congressman calls for cash ban | Security Update | Scoop.it
"Dollar bills are present in nearly all major drug busts in the United States."
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Responding to senator’s bid to ban Bitcoin, congressman calls for cash ban

Responding to senator’s bid to ban Bitcoin, congressman calls for cash ban | Security Update | Scoop.it
"Dollar bills are present in nearly all major drug busts in the United States."
Oliver Eckel's insight:

The exchange of dollar bills, including high denomination bills, is currently unregulated and has allowed users to participate in illicit activity, while also being highly subject to forgery, theft, and loss.

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Bitcoin's Mt. Gox Goes Offline, Loses $409M -- Recovery Steps and Taking Your Tax Losses

Bitcoin's Mt. Gox Goes Offline, Loses $409M -- Recovery Steps and Taking Your Tax Losses | Security Update | Scoop.it
Mt. Gox’s recent troubles are circulating like wildfire.  Its repercussions are being felt throughout the world.  Mt. Gox was the most public and well-known brand that represented Bitcoin’s exchange market.  The company’s shutdown is rumored to be caused by a “hack” or “security breach” that resulted in a loss up [...]
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Syrian Electronic Army hacks into Forbes.com

Syrian Electronic Army hacks into Forbes.com | Security Update | Scoop.it
The Syrian Electronic Army, the cyber wing of Bashar al-Assad's army, attacked Forbes.com Friday, compromising user data, defacing webpages and posting a fake story to the website.
Oliver Eckel's insight:

O.K. - This time its political hacking.

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