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Old 02-15-2014, 05:28 AM   #1
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Silk Road 2 loses $2.7m in bitcoins in alleged hack

The anonymous online marketplace Silk Road 2 says it has been hacked resulting in the loss of all its customers' bitcoins.

An administrator for the site said hackers had manipulated computer code enabling them to withdraw $2.7m (£1.6m) worth of the virtual currency.

It follows similar attacks on two exchanges that trade in bitcoins earlier in the week.

Silk Road 2 is known for selling drugs and other illegal items.

The site is only accessible through Tor, a network that allows users to browse anonymously online. The virtual currency Bitcoin is often used in transactions as it also grants users a degree of anonymity.

The original Silk Road site was shut down by the FBI in 2013 but those behind it said they would start a new site and shortly afterwards Silk Road 2 appeared online.

Completely empty
In a statement posted on Silk Road 2 forums, the administrator of the site, known as Defcon, said: "We have been hacked."

"Nobody is in danger, no information has been leaked, and server access was never obtained by the attacker.

"Our initial investigations indicate that a vendor exploited a recently discovered vulnerability in the Bitcoin protocol known as "transaction malleability" to repeatedly withdraw coins from our system until it was completely empty," he said.

http://www.bbc.co.uk/news/technology-26187725
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Old 02-15-2014, 05:38 AM   #2
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Old 02-15-2014, 06:34 AM   #3
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Old 02-15-2014, 06:40 AM   #4
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Old 02-15-2014, 06:48 AM   #5
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Old 02-15-2014, 08:19 AM   #6
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is there full version on yt ?
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Old 02-15-2014, 10:32 AM   #7
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Old 02-15-2014, 11:29 AM   #8
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Old 02-15-2014, 11:36 AM   #9
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Defcon, said: "We have been hacked, see ya,,,,Bitchez"
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Old 02-15-2014, 03:32 PM   #10
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Defcon, said: "We have been hacked, see ya,,,,Bitchez"
That's the way I read that too.

This could be a game changer.
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Old 02-15-2014, 04:04 PM   #11
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http://www.bloomberg.com/video/silk-...avxGcmARA.html

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Old 02-15-2014, 04:42 PM   #12
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Great link

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Old 02-15-2014, 04:54 PM   #13
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ouch!!!!!
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