Search results “Mt gox bitcoin robbery vs burglary”
Mt Gox The Untold Story! (Bitcoin Exchange Hack)
This is a brief history of the Mt. Gox exchange. Its history, hacks and impact on Bitcoin and the crypto world. Contact me about crypto business ventures at Re[email protected] Items That I Use In My Videos: Webcam: http://amzn.to/2EAdsqQ DSLR Camera: http://amzn.to/2sntDTg Microphone: http://amzn.to/2Cduk1c Sweet Wall Art: http://amzn.to/2H92Op8 Need a safe way to store your cryptocurrencies? Ledger Nano S is the safest hardware wallet on the market! Use the link below to learn more or buy one! https://www.ledgerwallet.com/r/5030 Want Free Bitcoin? Signup for Coinbase with the below link and buy $100 worth of any cryptocurrency and you’ll receive $10 of Bitcoin for free! https://www.coinbase.com/join/5929f73d7cca5533f33de4bb If you enjoyed this video, please consider giving this video a like and subscribing to the channel!
Views: 3366 Crypto Jedi
Mt GOX What Really Happen? | Biggest Bitcoin Heist
One of the largest online exchanges for Bitcoins, a digital cryptocurrency "mined" by computers, has closed down amid allegations of theft. The founder of the Tokyo-based Mt. Gox website admitted his company lost 850,000 Bitcoins, valued at about $425 million. Hari Sreenivasan reports. Source of the report: PBS NewsHour https://www.youtube.com/user/PBSNewsHour To sign up for Bitconnect: https://goo.gl/NJAUB6 Donations appreciated: Ripple XRP rUZFifHJJxGXStG4m3fZUQDSUSnEqQGwSc Litecoin LZzAimaVWW1hyRQP9RsRXCkrDGCtZtZfVp ETH 0x7190544883Af57778ECaEcB8f9cCC41A037b07eb BTC 3AU428Bp6sq9E4iVWAvGgAqVCqrDwvgmk3
Views: 118 BitShark Crypto
Half a Billion in Cryptocurrency Stolen - ThreatWire
Over half a billion dollars worth of cryptocurrency is stolen, jackpotting his the states, and net neutrality is still in the news but why? All that coming up now on ThreatWire. -----☆-----☆-----☆-----☆-----☆-----☆-----☆-----☆-----☆-----☆ Shop → http://www.hakshop.com Subscribe → http://www.youtube.com/hak5 RSS Feeds → https://www.hak5.org/subscribe Support → http://www.patreon.com/threatwire Our Site → http://www.hak5.org Contact Us → http://www.twitter.com/hak5 Threat Wire RSS → https://shannonmorse.podbean.com/feed/ Threat Wire iTunes → https://itunes.apple.com/us/podcast/threat-wire/id1197048999 Help us with Translations! → http://www.youtube.com/timedtext_cs_panel?tab=2&c=UC3s0BtrBJpwNDaflRSoiieQ For Business Inquiries, please use our contact forms → https://www.hak5.org/contact Producer: Shannon Morse → https://www.youtube.com/shannonmorse Editor: Colleen Cavolo Host: Shannon Morse → https://www.twitter.com/snubs Host: Darren Kitchen → https://www.twitter.com/hak5darren Host: Mubix → http://www.twitter.com/mubix -----☆-----☆-----☆-----☆-----☆-----☆-----☆-----☆-----☆-----☆ Cryptocurrency: https://motherboard.vice.com/en_us/article/ne4pvg/police-in-ottawa-canada-charged-a-teen-with-armed-bitcoin-robbery-are-hunting-two-suspects https://www.canadianbitcoins.com/index.php https://twitter.com/OttawaPolice/status/956206413235310592/photo/1?ref_src=twsrc%5Etfw&ref_url=https%3A%2F%2Ftwitter.com%2FOttawaPolice%2Fstatus%2F956206413235310592 https://arstechnica.com/information-technology/2018/01/two-new-cryptocurrency-heists-make-off-with-over-400m-worth-of-blockchange/ https://coincheck.com/en/blog/4673 http://www.securityweek.com/cryptocurrencies-fall-after-hack-hits-japans-coincheck https://motherboard.vice.com/en_us/article/ne4xdk/a-cryptocurrency-theft-bigger-than-mt-gox-just-happened-in-japan-coincheck-nem http://www.securityweek.com/japans-crypto-exchange-refund-customers-after-theft https://arstechnica.com/information-technology/2018/01/now-even-youtube-serves-ads-with-cpu-draining-cryptocurrency-miners/ https://diegobetto.com/crypto-miner-coinhive-youtube-ads/ ATMs: https://www.cnet.com/news/jackpotting-hack-makes-its-way-to-atms-in-us-krebs-diebold-nixdorf-ncr/ https://krebsonsecurity.com/wp-content/uploads/2018/01/20180126-GLOBAL-SECURITY-ALERT-018-04-0005-Potential-Jackpotting-US-Update-on-017-34-0002-smaller.pdf https://krebsonsecurity.com/2018/01/first-jackpotting-attacks-hit-u-s-atms/ Net Neutrality and the FCC: https://arstechnica.com/tech-policy/2018/01/analysis-shows-majority-of-anti-net-neutrality-comments-came-from-bots/ https://arstechnica.com/tech-policy/2018/01/fcc-broadband-committee-wants-to-restrict-publicly-owned-networks/ http://www.sanjoseca.gov/DocumentCenter/View/74464 https://www.fcc.gov/sites/default/files/bdac-modelcode-012018.pdf https://arstechnica.com/tech-policy/2018/01/net-neutrality-will-be-enforced-in-new-york-under-orders-from-governor/ https://www.governor.ny.gov/news/governor-cuomo-signs-executive-order-protect-and-strengthen-net-neutrality-new-york Youtube Thumbnail credit: https://pxhere.com/en/photo/1372063
Views: 20437 Hak5
BITCOIN EXCHANGE MT. GOX COLLAPSE - MtGox Offline Amid Rumours of THEFT. 75k Bitcoins Missing
BITCOIN EXCHANGE MT. GOX COLLAPSE - MtGox Offline Amid Rumours of THEFT. 75k Bitcoins Missing Bitcoin exchange Mt. Gox has received a subpoena from federal prosecutors in New York, the Wall Street Journal reported, citing a person familiar with the matter. Mt. Gox, once the world's biggest bitcoin exchange, abruptly stopped trading on Tuesday and its chief executive said the business was at "a turning point," sparking concerns about the future of the unregulated virtual currency. The subpoena was sent this month and asked Mt. Gox to preserve certain documents among other things, the Journal said. Mt. Gox, once the world's biggest bitcoin exchange, abruptly stopped trading on Tuesday and its chief executive said the business was at "a turning point," sparking concerns about the future of the unregulated virtual currency. Several other digital currency exchanges and prominent early-stage investors in bitcoin responded with forceful statements in an attempt to reassure investors of both bitcoin's viability and their own security protocols. The website of Mt. Gox suddenly went dark on Tuesday with no explanation, and the company's Tokyo office was empty - the only activity was outside, where a handful of protesters said they had lost money investing in the virtual currency. Hours later, Mt. Gox CEO Mark Karpeles told Reuters in an email: "We should have an official announcement ready soon-ish. We are currently at a turning point for the business. I can't tell much more for now as this also involves other parties." He did not elaborate on the details or give his location. Bitcoin has gained increasing acceptance as a method of payment and has attracted a number of large venture capital investors. At a current price of about $517, the total bitcoins in circulation are worth approximately $6.4 billion. Investors deposit their bitcoins in digital wallets at specific exchanges, so the Mt. Gox shutdown is similar to a bank closing its doors - people cannot retrieve their funds. Imagine a world in which you can buy anything in secret. No banks. No fees. No worries inflation will make today's money worth less tomorrow. The digital currency Bitcoin promises all these things. And while it's far from achieving any of them — its value is unstable and it's rarely used — some have high hopes. "There will be alternatives to the dollar, and this might be one of them," said former U.S. congressman Ron Paul. If people start using bitcoins en masse, "it'll go down in history as the destroyer of the dollar," Paul added. It's unlikely that Bitcoin would replace the dollar or other government-controlled currencies. But it could serve as a kind of universal alternative currency that is accepted everywhere around the globe. Concerned about the dollar's inflation? Just move your cash to bitcoins and use them to pay your bills instead. Tired of hefty credit card fees? Bitcoin allows transactions that bypass banks. bitcoin "accept bitcoin" "bitcoin trading" "bitcoin exchange" "mt gox" ceo business shtudown usd dollar "virtual currency" tokyo japan bust secret truth website investor investment company forex "forex trading" crisis lost government control tech technology confidence partnership tax profit network 2014 litecoin news media money cash fees gold silver "gold coin" bullion "gold trading" bank banking "bank account" liberty future agenda savings "savings account" u.s. "united states" usa america "agenda nwo" bitstamp btc-e russia bitcoin atm canada vancouver europe shopping litecoin mining rig transfer money alex jones max keiser lindsey williams global currency reset silver eagle bitcoin price crash bubble scam gerald celente jim rogers Russian authorities have issued warnings against using Bitcoin, saying the virtual currency could be used for money laundering or financing terrorism and that treating it as a parallel currency is illegal. Reddit, Virgin Galactic, and Overstock.com now accept Bitcoin. So do dating site OKCupid and travel site CheapAir.com. Game giant Zynga is now in the testing phase. Two big Las Vegas hotels accept Bitcoin. Congressman Steve Stockman (R-Texas) accepts Bitcoin for 2014 campaign contributions. As does a law firm in Australia. Just in case one was wondering for a reason not to take "Magic: The Gathering Online Exchange" too seriously, here is the latest news that has largely slammed the coffin shut on what was once the largest Bitcoin exchange. From MtGox: "I'm very angry," said Kolin Burges, a self-styled "crypto-currency trader" and former software engineer who came from London for answers after Mt. Gox did not tell him what happened to his bitcoins, which at one point were worth $300,000.
Views: 370 CapitalMonitor
10 BIGGEST Craziest Heists Ever
From 850,000 missing bitcoins, to missing paintings and diamonds; these are the BIGGEST Craziest Heists Ever ! HEY YOU ! There are more awesome videos being made every week, like and subscribe to World Unearthed so you don't miss a beat ! 10. America’s Data The Equifax breach. Short and to the point, in today’s online world, data is sometimes more valuable than cash. Sure, the amount of personal data that facebook air quotes “lost” is and leaves a taste in your mouth, but is NOTHING compared to the amount of personal, highly sensitive data Equifax gave away. Around 145.5 million americans, up to 44 million British and 8000 Canadian residents were affected by the breach. From the simple stuff like previous addresses, to the unthinkable, social security numbers. Nothing has happened with the company yet, and after a sharp decline in their stock value, it seems to be normalizing again. What do you think? Should any one company hold this much personal data? What is the alternative? 9.Mt.Gox 8.Gardner Museum Heist 6.Stephane Breitwieser - The world’s biggest art thief Not to be confused with Budweiser, Breitwieser is one of the most notorious figures in the art world. Between 1995 and 2001 Stephane stole 239 pieces of art with a worth estimated around 1.4 BILLION dollars. He took the artworks from 172 museums all over europe. How was he able to achieve this? By traveling europe and working as a waiter, plus his girlfriend was an accomplice and often kept a lookout while Stephane did the dirty work... One of the more notable thefts happened at Sotheby’s auction house where he stole a 7 million dollar painting that was supposed to go on sale later that day. He never sold any of the artworks, instead he kept them hidden inside his mother’s house in France. Stephane was eventually arrested in 2001, and while the police were investigating, his mother decided to destroy many paintings and threw a lot of artifacts in the Rhine River. Yes that's right, the person who stole art because he loved it so much was responsible for its destruction, in what can be considered the biggest “If I can’t have it, no one can” moment in the art world, Mr. Stephane received a brutal 3 year sentence, which he only served 80% of. His mother also received a 3 year sentence but only served 18 months. 4.The theft of the Mona Lisa Before Leonardo Da Vinci’s Mona Lisa was considered the most famous piece of artwork, the Louvre did not hide it behind bullet proof glass. In fact, it only took 1 guy and a lab coat to steal this painting in 1911. Vincenzo Peruggia was a former worker at the Louvre who snuck inside the museum, waited for the room where the painting hung to empty out, took the painting off the 4 iron pegs, wrapped it in his labcoat and left the building the same way he came in, through a freaking side door. He hid the painting for 2 years inside a trunk in France, and later moved it inside a different trunk in his new apartment in Italy. He grew impatient and eventually tried to sell the painting to an art gallery (weird I know). He was busted immediately, and the painting was returned to Louvre safely. If you are thinking about doing a quick theft of the Mona Lisa again, know that it is worth about $780 million dollars, so security has definitely beefed up. 3.Antwerp Diamond Heist The Antwerp Diamond Centre in Belgium was the scene of the biggest diamond heist east, and west, of the Mississippi. Leonardo Notarbartolo rented an office in the building where he posed as an Italian diamond merchant to gain credibility and a 24 hour access to the center. He stuck with the ruse for 2.5 years, until it was time for the ultimate heist. His crew gained access to the main vault through sheer ingenuity. The vault that was protected by seismic sensors, doppler radars, a lock with 100 million possible combinations, infrared heat detectors, and a magnetic field ! in other words, it was supposed to be impenetrable. The thieves broke into 123 out of the 160 safe deposit boxes and made away with more than 100 million dollars worth of diamonds, jewelry, and gold. They also stole the surveillance footage, and it seemed like they had thought of everything… well almost. Just like any genius thief, Leonardo made just one crucial mistake. When he was getting rid of the tapes, he also threw away a half eaten sandwich… aaaand through DNA testing, he was implicated in the robbery. He never gave up anyone else from the crew and received a 10 year sentence, none of the stolen property was ever recovered, and since this is such an awesome story J.J. Abrams is expected to produce the movie about it.
Views: 434188 World Unearthed
$180,000 Bitcoin Heist Victim Is Still A Huge Bitcoin Supporter: Press Release
Click here to get The Bitcoin Revolution on Kindle http://www.amazon.com/Bitcoin-Revolution-Ending-Tyranny-ebook/dp/B00CAX5OZQ/ref=sr_1_7?ie=UTF8&qid=1370981406&sr=8-7&keywords=bitcoin Success Council Founder Jarrod Dennis Shares the Story of How His Bitcoin Wallet Was Recently Hacked to the Tune of $180,000 in His New Book: Bitcoin Revolution: Ending Tyranny for Fun & Profit. This is One of the Largest Bitcoin Hacks in History. Bitcoin, a digital crypto-currency has been gaining massive popularity and news coverage for its potential to replace paper currencies. Many supporters, like Success Council's Jarrod Dennis, believe that Bitcoin will be the antictode to the sickness of big government. According to Dennis' new book, Bitcoin Revolution: Ending Tyranny For Fun and Profit, Bitcoin poses a threat to governments'' ability to increase the money supply through inflation. Dennis, who has been an outspoken advocate for Bitcoin since 2012, supports the currency despite his personal loss. Dennis was the victim of one of the biggest Bitcoin heists in history. According to Dennis, a founding member of Success Council, over $180,000 of Bitcoin was recently stolen from his online wallet. Dennis first reported the loss in his recently published book, Bitcoin Revolution: Ending Tyranny For Fun and Profit. Coincidently, Dennis published his public key in the Amazon book in the middle of April 2012. Just a few days later, Dennis found an unauthorized transaction for over $180,000 worth of Bitcoin. According to Dennis, the thieves somehow gained his password, and initiated one transaction for over 1,400 Bitcoins. On this day, they were valued around $128, amounting to a theft of $182,000. Since Bitcoin transactions can be made anonymous, the hackers will likely get away scot-free. It is impossible to be certain how the hackers gained access to Dennis' online wallet. However, some Bitcoin forums revealed that similar Bitcoin Thefts occurred through a blockchain phone application. In the last few months there have been similar reports of Bitcoin wallet theft of more than $250,000. Whether it was hackers gaining access to the individual's computer and watching key strokes, or it was a direct hack into Blockchain's wallet or iPhone app, will likely remain unknown. Both Blockchain and Dennis have upped their security, to prevent this type of thing happening again, to them, or their customers. Many people would be bitter at such a loss, however, Dennis is quoted as saying: "If someone picked my pocket and stole Federal Reserve notes, I would not say that the US$ is flawed. The US$ is flawed for far more legitimate reasons. Likewise, the Bitcion protocol has never been compromised and the currency is not flawed. My personal security was." "Although it's sickening to lose that much money, I still believe in Bitcoin, and I will use my story to help others take the necessary precautions to protect themselves." When asked about these "Necessary Precautions" Dennis responded by explaining that he didn't have all of the newest security features in place on his online wallet. He also mentioned that he should have been saving coins in "cold storage." And he explains these precautions in his new book available in the Amazon kindle store: Bitcoin Revolution: Ending Tyranny For Fun and Profit. He also offers a step-by-step system in his latest online product called the Bitcoin Starter Kit. It is available now at http://www.TheBitcoinRevolution.com/GetStarted. You can read more about the heist, his reactions, and how to protect yourself in the Bitcoin Revolution book, available now in Amazon's Kindle Store. Grab your copy and protect your Bitcoins. About Success Council: Success Council was founded in 2011, with the goal of teaching people how to protect their assets and profit from the greatest wealth transfer in history. Their mission is to: 1) Educate 10 million people through their online interactive training events; 2) Make 100,000 families wealthy through the information contained in their Members' Area; 3) Create 5,000 leaders armed with the knowledge, skills and resources based on the fundamentals of liberty; and the ultimate goal, is to 4) Create One Free Society. Company Contact Information: Success Council [email protected] Fair Use Notice - This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. It is being made available in an effort to advance the understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, and so on. It is believed that this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law.
Views: 1880 Contrarian Dude
Here’s How your Bitcoin and cryptocurrency will be hacked and stolen Many people have a false sense of security thinking that it is impossible for Bitcoin and cryptocurrencies to be hacked or stolen, due to blockchain technology. However, this is simply not the case. Hackers will avoid blockchain all together because it not the path of least resistance. The path of least resistance is hacking into Bitcoin wallets and cryptocurrency exchanges. These are much easier to hack into. Once they access your currency in your cryptocurrency wallet or exchange, the “currency” is already laundered because there is no identity tied to your Bitcoin, which enables hackers to walk away easy with all your Bitcoin and cryptocurrency. A cornerstone of Bitcoin is anonymity; however, that will also be its downfall. So far, we’ve seen several instances where Bitcoin and cryptocurrency have been hacked and “currency” stolen. We’ve seen hackers successfully hack into NiceHash and Mt. Gox stealing hundreds of millions of dollars worth of Bitcoin. Even if your Bitcoin doesn’t get hacked or stolen, your cryptocurrency will still be negatively impacted by this serious cryptocurrency problem. The fear of being hacked will cause investors to lose faith in the future of cryptocurrencies resulting in a massive sell-off and it becoming near worthless. This is likely how the Bitcoin bubble will burst. ALWAYS INVEST AT YOUR OWN RISK Follow me on social to see how I'm living and for more insights into business, success, and wealth: Instagram: https://www.instagram.com/derekvanschaik Twitter: https://twitter.com/derekvanschaik Facebook: https://www.facebook.com/derekmvanschaik Google+: https://plus.google.com/+derekvanschaik Website: http://www.derekvanschaik.com
Views: 1227 Derek Van Schaik
Government agents charged with Bitcoin theft
Federal Agents responsible for investigating Silk Road are charged with stealing bitcoins from the illegal site. "48 Hours" correspondent Michele Sigona reports.
Views: 1038 CBS News
Mt. Gox Bitcoin exchange goes offline after $350 million hack
Mt. Gox, once the world's largest bitcoin exchange, is now offline after losing about $350 million to a two year-long hack that went undetected by the company. Mt. Gox said that it was experiencing technical issues and recently stopped all customer withdrawals of bitcoin after it noticed what it called "unusual activity". The "unusual activity" turned out to be hackers that were robbing the company blind. The hacking attack is explained in a leaked Gox "crisis strategy draft" plan that was published Monday by Ryan Selkis, a bitcoin entrepreneur and blogger. The document claims that Mt. Gox is insolvent after losing 744,408 bitcoins, worth about $350 million at Monday's market prices. The theft is a setback for supporters of Bitcoin, who have been pushing for widespread adoption of the digital currency. Mt. Gox posted a statement on its website Tuesday afternoon. "In the event of recent news reports and the potential repercussion on MtGox's operations and the market, a decision was taken to close all transactions for the time being in order to protect the site and our users. We will be closely monitoring the situation and will react accordingly," it said. Mt. Gox stopped transfers of bitcoin to external addresses on Feb 7. The company said it found a bug that allowed hackers to fool the transaction process into sending double the correct amount of bitcoins. According to the leaked document, hackers were even able to take out bitcoins from supposedly secure "cold" wallets that Mt. Gox stored offline. The documents said, "the cold storage has been wiped out due to a leak in the hot wallet." The theft is a huge blow to those with massive Bitcoin boners, as serious investors will no doubt continue to write off Bitcoin. Might as well just park your money in the bank where it's safe. ----------------------------------------­----------------------------------------­ Welcome to TomoNews, where we animate the most entertaining news on the internets. Come here for an animated look at viral headlines, US news, celebrity gossip, salacious scandals, dumb criminals and much more! Subscribe now for daily news animations that will knock your socks off. For news that's fun and never boring, visit our channel: https://www.youtube.com/user/TomoNewsUS Subscribe to stay updated on all the top stories: http://www.youtube.com/subscription_center?add_user=TomoNewsUS Stay connected with us here: Facebook http://www.facebook.com/TomoNewsUS Twitter @tomonewsus http://www.twitter.com/TomoNewsUS Google+ http://gplus.to/TomoNewsUS Instagram @tomonewsus http://instagram.com/tomonewsus -~-~~-~~~-~~-~- Please watch: "Crying dog breaks the internet’s heart — but this sad dog story has a happy ending" https://www.youtube.com/watch?v=4prKTN9bYQc -~-~~-~~~-~~-~-
Views: 4715 TomoNews US
Bitcoin heist: NiceHash hacked for $68 million in bitcoin - TomoNews
INTERWEBS — The crytocurrency mining marketplace NiceHash has been hacked — for around $62 million in Bitcoin. After multiple reports of users complaining about emptied NiceHash wallets and a 12-hour service outage for 'maintenance,' NiceHash was nice enough to announce that there had "been a security breach involving NiceHash website." The company didn't disclose how much was stolen, however a wallet address passed around by NiceHash users suggest as many as 4,736.42 BTC were jacked, according to CoinDesk. The NiceHash team urged users to change all their passwords. What great advice. NiceHash is currently working with authorities, but the chance people who lost money will get any of it back are slim to none. Shout out to Mt. Gox! NiceHash was started in 2014 as a marketplace for miners to rent out their hash rate to others. The market cap for BitCoin is currently worth over $225 billion. The cryptocurrency's price has been skyrocketing all year, with the price currently sitting around $14,300. Subscribe to TomoNews ►►http://bit.ly/Subscribe-to-TomoNews TomoNews is your best source for real news. We cover the funniest, craziest and most talked-about stories on the internet. Our tone is irreverent and unapologetic. If you’re laughing, we’re laughing. If you’re outraged, we’re outraged. We tell it like it is. And because we can animate stories, TomoNews brings you news like you’ve never seen before. Ultimate TomoNews Compilations - Can't get enough of TomoNews? Then this playlist is for you! New videos are added each day http://bit.ly/Ulitmate_TomoNews_Compilations Top TomoNews Stories - A shortcut to the most popular videos on TomoNews! http://bit.ly/Top_TomoNews_Stories World News - Latest international headlines from around the world http://bit.ly/TomoNews_World_News Awww!!! Animals - All the best animal videos! Hungry hippos, tiger hairballs, giant pythons, and many more! http://bit.ly/Aw_Animals Connect with TomoNews! Like TomoNews on Facebook: http://www.facebook.com/TomoNewsUS Follow us on Twitter: @tomonewsus http://www.twitter.com/TomoNewsUS Follow us on Instagram: @tomonewsus http://instagram.com/tomonewsus Get your TomoNews merch today! http://bit.ly/tomonews-teespring Visit our official website for all the latest videos: http://us.tomonews.com Check out our Android app: http://bit.ly/1rddhCj Check out our iOS app: http://bit.ly/1gO3z1f Get top stories delivered to your inbox every day: http://bit.ly/tomo-newsletter
Views: 14024 TomoNews US
Thieves caught on camera breaking into bitcoin machine
Police are asking for the public's help in identifying a couple of robbers who broke into a bitcoin machine at a Chevron convenience store.
Views: 213 WFAA
Kim Nilsson - Cracking MtGox
Kim Nilsson - Cracking MtGox Information on how mtgox got hacked from the breaking bitcoin meet up 2017 subscribe to TheBitcoinArmy youtube channel
Views: 36808 TheBitcoinArmy
The Big Bitcoin Heist
Introducing The Chain, our new column on the blockchain and crypto ‘space’. Story by Richard Cook - http://ati.ms/YASbmo -------- If you would like to keep up with everything Asia Times has to offer, sign up for our daily newsletter: http://www.atimes.com/signup/ -------- Read the latest and most relevant news at http://atimes.com
Views: 962 Asia Times
Who Stole $400 Million From Mt. Gox?
By now, Mt. Gox's fate is more or less sealed. But as the community recovers, it's left a single, thorny question unanswered: who took $400 million worth of bitcoins from Mt Gox's vault?According to the leaked "Crisis Strategy Draft," the thefts "went unnoticed for several years," which means the attackers had access long before price surges turned Bitcoin into a hot topic for the startup crowd. Almost from the beginning, Mt Gox's accounts were leaking money, and as the currency grew in value, the leak turned into one of the largest bank heists ever — more than 1 out of every 20 bitcoins in the world vanished without a trace. http://www.theverge.com/2014/2/26/5450206/who-stole-400-million-from-mt-gox http://www.wochit.com
Views: 66 Wochit News
The Bitcoin Heist
When two best friends accidentally destroy the video game they've been waiting to play for years, they're forced into a dangerous world of crime, betrayal, and bitcoin in order to replace their beloved game. Like GTX on Facebook: https://www.facebook.com/GrandTheftXylophone Follow us on Twitter: Lyle: https://twitter.com/lylemakesmovies Sean: https://twitter.com/SeanIsClever Ethan: https://twitter.com/ethaaaan --BFMCmovies-- Youtube: https://www.youtube.com/user/BFMCmovies Facebook: https://www.facebook.com/pages/BFMCmovies/418803148173734 Website: http://www.brettfm.com/ Twitter: https://twitter.com/BFMCmovies Directed by Lyle Drescher Written by Sean Lowitz Lyle Drescher and Ethan Hudson Director of Photography- Brett McLoughlin Produced by Ethan Hudson and Efrem Friedman Starring Lyle Drescher Sean Lowitz Ethan Hudson Ryan Thomas Ryan Polashuk Efrem Friedman Kathy Boling Ron Drescher and Brett McLoughlin Grips- Aaron Mendelsohn and Noah Samuels Edited by Brett McLoughlin
Views: 2915 Lyle Forever
Alleged 'Big Bitcoin Heist' Thieves Busted In Iceland
Hide your coins, hide your servers, hide your hardware! Subscribe to The Dollar Vigilante Newsletter: https://dollarvigilante.com/subscribe Facebook: https://fb.com/DollarVigilante Twitter: https://twitter.com/DollarVigilante Instagram: https://instagr.am/DollarVigilante
Views: 9420 The Dollar Vigilante
120,000 Bitcoins Stolen in Bitfinex Hack
Bitcoin’s price crashed today as Bitfinex dramatically announced a “security breach” that led to the theft of roughly 120,000 bitcoins. The biggest USD bitcoin exchange further announced a shutting down of its website and trading in ominous signs reminiscent of MT Gox. The theft of 119,756 bitcoins has now been conclusively confirmed, valued close to $65 million at press time. The evidence provided is days destroyed. Around mid-day today, there was a dramatic dip Source for Altcoin News, Altcointoday.com http://www.altcointoday.com/120000-bitcoins-stolen-in-bitfinex-hack/ http://www.altcointoday.com/bitfinex-hacked-of-bitcoins/
Views: 1484 Defango TV
कैसे हुई $30mn की चोरी | BITCOIN EXCHANGE HACK | CRYPTO THEFT ROBBERY | Bitcoin News
This video covers the recent south Korean cryptocurrency exchange hack. To get clarity to more such concepts about Bitcoin, Altcoin, Cryptocurrency, ICO, Finance and Investing, Buy the Book:: “BITCOIN BASICS” LOGIC AND MGIC OF DIGITAL GOLD” https://amzn.to/2Icrb9O ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● News Reference:: https://www.coindesk.com/bithumb-exchanges-31-million-hack-know-dont-know/ Bithumb, a south Korean exchange and among the top 10 exchanges in the world, On June 20, Bithumb experienced a $30 million hacking attack. Only a small portion of Bithumb’s funds stored in its hot wallet has been stolen.The exchange took a speedy response by moving funds from its hot wallet to offline wallet. Local investors have claimed that Bithumb was aware of the hacking attack since June 16 and its security team and developers tried to prevent the breach from affecting its wallet. Several hacking attempts have been made throughout the past four days and after failing to cope with the attacks, Bithumb moved coins in its hot wallet to cold wallet as a last resort. While Bithumb has not yet disclosed full details of the stolen coins, news emerged following the hack that XRP, the native token of the XRP ledger and the world's third-largest cryptocurrency, has been targeted, Based on data from CoinMarketCap, Bithumb accounted for 10 percent of the global trading volume of XRP over the last 24 hours Bithumb has so far only suspended asset deposits and withdrawals, trading activity on the exchange actually appears to be increasing since the news broke. Earlier in june $40 million security breach was suffered by CoinRail exchange. This is not the first time that Bithumb was reportedly hacked. As previously reported by CoinDesk, the platform was compromised last year with as many as 30,000 users impacted. Charlie Lee also tweeted on bithumb and criticised it. ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Linked Video on Top 10 Bitcoin exchange hacks:: https://youtu.be/1pNwZrDqwDQ ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Do you Admire our Work? Our Bitcoin Wallet Address:: 1BvCWvbFDJQpUUMV3Yk7XPG6DE2zQNGfxG ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Necessary Links:: Quora:: https://www.quora.com/profile/Gaurav-Bansal-16 Facebook:: https://www.facebook.com/bitcoinbasics.club/ Linkedin:: https://www.linkedin.com/in/gauravbansal2/ ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● DISCLAIMER: All Cryptocurrency (also referred as Virtual Currency or Digital Asset) recommendations and comments are the personal opinion of Mr. Gaurav Bansal. Investors should be cautious about any and all Cryptocurrency recommendations. Various factors, including personal ownership, may influence or factor into analysis or opinion. All investors are advised to conduct their own independent research into individual Cryptocurrency before making a purchase decision. The content in this video is provided for information purpose only, without any representations, warranties or conditions of any kind.
Views: 346 Bitcoin Basics Club
Website of bitcoin exchange Mt  Gox goes down amid theft rumors
Once the world's biggest Bitcoin exchange, Tokyo-based Mt. Gox has appeared to have essentially vanished into thin air, with its website content not accessible. Reports about a debilitating theft are running wild. Read More: http://adf.ly/e5wsS
Views: 39 mass
The "Stolen" Mt.Gox Data Contained Malware That Robbed Users Of Bitcoin
Security researchers at Securelist have found that the data "stolen" from Mark Karpeles' computer actually contained a BTC-stealing Trojan that masqueraded as a back-end app for managing Mt. Gox trades. The app searched user directories for Bitcoin-related files -- wallet.dat and bitcoin.conf -- and uploaded them to a server that is now defunct. http://feedproxy.google.com/~r/Techcrunch/~3/9GVUsabEGqk/ http://www.wochit.com
Views: 89 Wochit Tech
Daily: $530 Million USD HACKED from Japanese Exchange
News is coming out of Japan that $520 Million USD worth of the cryptocurrency NEM was stolen from the exchange Coincheck. There were also large movements of Ripple out of the exchange but it seems like it is a precautionary move. Withdraws have been suspended https://news.bitcoin.com/coincheck-halts-operations-amidst-hacking-rumors-after-723-million-withdrawn/ https://cointelegraph.com/news/japan-coincheck-exchange-freezes-all-withdrawals-as-up-to-723-mln-leaves-its-wallet https://www.reddit.com/r/nem/comments/7t4wcz/press_briefing_live_with_ceo_of_coincheck/ https://twitter.com/ynakamura56/status/956911227556446208 Bloomburg reporter Yuji Nakamura: Main takeaways from Coincheck press conf: - only NEM impacted - plans to continue operating, restart trading - not clear on plan to repay customers - no multisig💀 - wouldn’t admit security was weak - not sure how hacked, if domestic or foreign hackers - CEO barely spoke 👍🏻Subscribe to my YouTube Channel: https://www.youtube.com/c/boxmining 👑Recommended Exchange - Binance: https://goo.gl/joe55C 🤑Trying out Kucoin - https://www.kucoin.com/#/?r=7g34u4 ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● 💰Buy Bitcoin Through Coinbase: https://goo.gl/h1bw5v 🔒Secure your Crypto with Ledger: https://goo.gl/trBwPr ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Telegram groups: Telegram Discussion Group: https://t.me/Boxdatamining Telegram Announcements: https://t.me/boxminingChannel ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● ♨️Social: Telegram announcements: https://t.me/boxminingChannel Community Forums: http://forums.boxmining.com Steemit: https://steemit.com/@boxmining Twitter: https://twitter.com/boxmining Facebook: https://www.facebook.com/boxmining ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Track ICOs graphically: https://icotracker.org 💪Donations (Message me for Shoutouts!): Bitcoin : 13EvsPm3YhiCPGksQQdvQUFtsbF8FoU6Cz Ethereum: 0x58d98516363D2A5f93CE6aB4A4a909599C3EEC3a Website: http://boxmining.com
Views: 40237 Boxmining
Coincheck admits theft of $533m of cryptocurrency NEM - the biggest cyber theft in history | V3
Coincheck admits theft of $533m of cryptocurrency NEM - the biggest cyber theft in history | V3 Japanese cryptocurrency exchange Coincheck has admitted the loss of $533 million in NEM tokens from its digital wallets in a cyber theft that surpasses the Mt Gox collapse and which will go down in hi... ************************************* Thank fof watching. Don't forget subscriber my channel.
Bitcoin Theft at Gunpoint Victim, Todd Kantor, on #YMBLive
Full Show/MP3: http://youmeandbtc.com/podcast/cryptotheft-at-gunpoint-price-stability-more-bitcoin-headlines-ymblive-6-10-15/ Check out our impromptu interview with Todd Kantor, the man held at gunpoint for Bitcoin. He'll share how the robbery went down and how he's planning to avoid similar situations in the future! News story: http://www.cnbc.com/id/102737187
Views: 1197 You, Me, and BTC
Mt. Gox Bitcoin exchange goes offline after $350 million hack
Mt. Gox, once the world's largest bitcoin exchange, is now offline after losing about $350 million to a two year-long hack that went undetected by the company. Mt. Gox said that it was experiencing technical issues and recently stopped all customer withdrawals of bitcoin after it noticed what it called "unusual activity". The "unusual activity" turned out to be hackers that were robbing the company blind. The hacking attack is explained in a leaked Gox "crisis strategy draft" plan that was published Monday by Ryan Selkis, a bitcoin entrepreneur and blogger. The document claims that Mt. Gox is insolvent after losing 744,408 bitcoins, worth about $350 million at Monday's market prices. The theft is a setback for supporters of Bitcoin, who have been pushing for widespread adoption of the digital currency. Mt. Gox posted a statement on its website Tuesday afternoon. "In the event of recent news reports and the potential repercussion on MtGox's operations and the market, a decision was taken to close all transactions for the time being in order to protect the site and our users. We will be closely monitoring the situation and will react accordingly," it said. Mt. Gox stopped transfers of bitcoin to external addresses on Feb 7. The company said it found a bug that allowed hackers to fool the transaction process into sending double the correct amount of bitcoins. According to the leaked document, hackers were even able to take out bitcoins from supposedly secure "cold" wallets that Mt. Gox stored offline. The documents said, "the cold storage has been wiped out due to a leak in the hot wallet." The theft is a huge blow to those with massive Bitcoin boners, as serious investors will no doubt continue to write off Bitcoin. Might as well just park your money in the bank where it's safe. ----------------------------------------­---------------------------------------- Daily videos brought to you by THE Taiwanese Animators behind the infamous Tiger Woods animation. We got the funniest animations on the web to help you stay in-the-know on all the trending stories, so sit back, relax, and watch a few. Visit our channel for your daily dose of Taiwanese Animations: https://www.youtube.com/user/NMAWorldEdition Wish all your news was animated? Subscribe now: http://www.youtube.com/subscription_center?add_user=NMAWorldEdition Can't get enough of Taiwanese animations? Connect with us here: Facebook http://www.facebook.com/NMAtv Twitter @nmatv http://www.twitter.com/nmatv Tumblr http://nmatv.tumblr.com Google+ http://gplus.to/NMAtv Web http://us.tomonews.net/category/lol
Views: 9095 TomoNews Funnies
Hackers Claim Mt. Gox's Karpeles Lied about Balance
Hackers have stolen account transaction information from beleaguered Japanese bitcoin exchange Mt. Gox, claiming CEO Mark Karpeles was lying about the amount of bitcoins the company had before it filed for bankruptcy.
Views: 1491 IBTimes UK
DEA Agents Indicted For Theft Of $800K Worth Of Bitcoins In Silk Road Case
Air Date: March 31st, 2015 This video may contain copyrighted material. Such material is made available for educational purposes only. This constitutes a 'fair use' of any such copyrighted material as provided for in Title 17 U.S.C. section 107 of the US Copyright Law.
Views: 353 selfownership1
Hackers Have Stolen Almost $1B of Cryptocurrencies in 2018
How cryptocurrency thefts have already reached $927 million for the First Three Quarters of 2018. According to a Cryptocurrency and Anti-Money Laundering Report released by CipherTrace, there was a lot of theft during the first half of 2018, in comparison to the whole of 2017. Approximately $731 million in cryptocurrency was stolen from exchanges like the Japanese Coincheck which lost $530 million earlier this year in January and Bitgrail that lost $195 million. CipherTrace believes that unfortunately, this trend will continue forward. They believe that by the end of 2018, over $1 billion in cryptocurrencies would have been lost in cyber attacks in the year alone. For up to date news and reviews you can check out: http://cryptopig.com Join our team on Telegram: https://t.me/cryptopiggroup Follow us on Twitter: https://twitter.com/cryptopigmedia We want to hear from you, so please let us know what you would like us to cover!
Views: 645 CRYPTOPIG
Mt. Gox files for bankruptcy after 850,000 bitcoins go missing
Popular bitcoin exchange Mt. Gox has filed for bankruptcy protection in Japan. For more: http://lat.ms/1gHrctT SUBSCRIBE FOR MORE VIDEOS AND NEWS http://www.youtube.com/subscription_center?add_user=losangelestimes LET'S CONNECT: Google+ ► https://plus.google.com/+latimes Facebook ► https://www.facebook.com/latimes Twitter ► https://twitter.com/LATimes L.A. Times ► http://www.latimes.com/
Views: 713 Los Angeles Times
In First Half of 2018, Japan Counts $540 Million Lost to Crypto Thefts
When Tokyo-based Mt. Gox got hacked to the tune of 650,000 bitcoin in 2014, Japan learned early on the tough lessons of cryptocurrency theft. Yet, to this day, despite the countrys ongoing efforts to educate investors and ramp up oversight of crypto exchanges, it still feels the sting of hackers. On September 20, 2018, on the heels of the Osaka-based Zaif heist , which amounted to $60 million in losses, the countrys National Police Agency (NPA) issued a report of cryptocurrency thefts involving exchanges and individual crypto wallets for the first half of 2018. Japanese news outlet Asahi Shimbun was the first to report on the information. According to police authorities, during the first six months of 2018, cyber thieves made off with a startling $540 million (60.503 billion yen) in cryptocurrency. Of the stolen money, $58 million came from exchanges, while the remaining $22 million was taken from individual crypto wallets. During this time period, there were 158 instances of theft triple the number for the same period last year. In fact, the entirety of 2017 saw 149 breaches, amounting to losses of only $6 million. NEM coin accounted for the share of the hacked funds, with the majority being taken in the Coincheck breach earlier this year. Bitcoin losses of $7.66 million resulted from 94 breaches. Ripple (XRP) accounted for $13.5 million of the losses and 42 instances of theft. Finally, 14 cases of theft involved ether, the native cryptocurrency of the Ethereum platform, totalling losses of about $542,000. Sixty percent (102 incidences) of the 158 total reported incidences were due to individuals using the same ID and password for their cryptocurrency accounts as they did for email and online shopping a no-no for anyone trying to safeguard online assets. Lessons were learned in the Coincheck heist. After the rattling event, Japans financial watchdog, the Financial Services Agency (FSA) kicked up efforts to bring exchange operators in line with newer security measures, brought on by laws that went into effect in April 2017. Between January 2018 and March 2018, 76 percent (120 cases) of crypto thefts were reported. After that, due in part to the NPA encouraging people to use better passwords, the number of crypto thefts dropped. And between April 2018 and June 2018, only 38 cases were reported. Tech Bureau Corp, the company that operates Zaif cryptocurrency exchange, received two warnings from the NSA this year for its lax security measures and is likely to receive another, as regulators do their utmost to reduce cryptocurrency losses in the country. #hacks #cybersecurity #zaif #Coincheck #Japan
Views: 2 bitcoin news
NiceHash reports theft of tens of millions of dollars' worth of bitcoins
NiceHash reports theft of tens of millions of dollars' worth of bitcoins The Slovenian-based bitcoin miner NiceHash says it is investigating a security breach and the possible theft of tens of millions of dollars' worth of bitcoins, as meanwhile the value of the virtual currency has soared to a new record high. NiceHash said Thursday in a statement posted on its website that it had stopped operations for 24 hours and was working to verify how many bitcoins were taken. There was no immediate response from NiceHash to an emailed request for more details. Unconfirmed reports said more than 4,000 bitcoins were missing valued at more than $60 million. "The incident has been reported to the relevant authorities and law enforcement and we are cooperating with them as a matter of urgency," it said. The statement urged users to change their online passwords. Troubles with the website over the past day or so drew alarm and complaints, with many bitcoin owners posting panicked comments on NiceHash's social media accounts. The price of bitcoin has surged to over $14,100.74, gaining $1,000 in less than a day, according to coindesk, a website that monitors the price. That compares with a value below $1,000 at the beginning of the year. Bitcoin is the world's most popular digital currency. Such currencies are not tied to a bank or government and allow users to spend money anonymously. They are basically lines of computer code that are digitally signed each time they are traded. Miners of bitcoins and other virtual currencies help keep the systems honest by putting computer power into a blockchain, a global running tally of every transaction that prevents cheaters from spending the same digital coin twice. NiceHash is a cryptocurrency mining application that lends computer power to verify bitcoin users' transactions. Online security is a vital concern for such dealings. In Japan, following the failure of a bitcoin exchange called Mt. Gox, new laws were enacted to regulate bitcoins and other cryptocurrencies. Mt. Gox shut down in February 2014, saying it lost about 850,000 bitcoins, possibly to hackers.
Views: 17 Gevul News
Largest bitcoin exchange stops trading after hacking attacks
Originally published on February 26, 2014 Sign up for a free trial of News Direct's animated news graphics at http://newsdirect.nma.com.tw/Reuters.aspx ------------------------------------------------------------------------------------------------ Mt. Gox, the world's biggest bitcoin exchange, stopped trading on Monday after losing a large amount of the virtual currency in apparent hacking attacks that went unnoticed for years. Users can generate bitcoin transaction requests using computers or mobile devices. Every request enters the blockchain, a public ledger of sorts. The transaction is then confirmed by the other computers on the bitcoin network, usually within 10 minutes. Just like any other currency, users must trade their fiat currencies via exchanges like Mt. Gox to get bitcoins. However, in the case of certain exchanges like Mt Gox, these transactions are not verified on the bitcoin network, which can make the exchange vulnerable to hacking. Exchanges, including Mt. Gox, have a hot wallet that works like an ATM machine, or "cash float", in a register to pay customers. Mt. Gox used offline "cold storage" as a safe to deposit bitcoin reserves. The Japan-based exchange is believed to have been hit by repeated hacking attacks over the past few years, which eventually wiped out its entire cold storage. Citing a leaked document, Wired reported that the exchange had a leak in the link between its hot wallet and cold storage reserves, which are only online at limited times to transfer bitcoins between the two systems. The hacker reportedly used a known bug in the bitcoin protocol that had been fixed in the past, but Mt. Gox failed to update its own software running the exchange, which allowed the hacker to empty its entire cold storage. According to the New York Times, Mt. Gox has lost 744,000 bitcoins, worth around $418,400,000 at the current exchange rate, which constituted 6 percent of all bitcoins in circulation. Mt. Gox has received a subpoena from federal prosecutors in New York. Japanese authorities have also launched an investigation into the alleged theft. ------------------------------------------------------------------------------------------------ Next Media Animation's News Direct service provides daily, high-quality, informative 3D animated news graphics that fill in for missing footage and help viewers understand breaking news stories or in-depth features on science, technology, and health. To subscribe to News Direct or for more info, please visit: http://newsdirect.nma.com.tw/Index.aspx
Views: 13867 News Direct
Big Bitcoin Heist in Iceland as 600 Mining Rigs Stolen! - #CRIME
🚀 Get the Apps! ★ http://cryptoyum.com ★ http://coinpuffs.com 10 Days of Bitcoin: 💯 Free Email Course! ★ http://10daysofbitcoin.com A ton of mining rigs have been stolen! Where exactly do you hide those things? // GET STARTED 🚀 Become a Cryptonaut - Support us on http://patreon.com/pub 💻 Join us at the PUB! - http://thebitcoin.pub 💰Get a Coinbase Wallet! - http://dctv.co/dctv-coinbase - Sign up! // WE DO SOCIAL 🔑 Decentralized Newsletter - https://dctv.co/dctv-news 📔 Twitter - https://dctv.co/dctv-twitter 📔 Facebook - https://dctv.co/dctv-fb 🔑 Instagram - https://dctv.co/dctv-instagram 💻 Google+ - https://dctv.co/dctv-googleplus ✏️ LinkedIn - https://dctv.co/dctv-linkedin 💻 Medium - https://dctv.co/dctv-medium Music by Charles Giovanniello, a Bitcoin Pub community member! Note: This is not financial advice as all investing is speculative. Have fun and good luck!
Views: 3621 Decentralized TV
Exchange Hacked For More Money Than Mt Gox? Get Your Coins Out Of Exchanges Now!
"Tokyo-based cryptocurrency exchange Coincheck has confirmed that it has suffered what appears to be the biggest hack in the history of the technology. In a press conference at 23:30 JST (14:30 UST), the exchange's president Wakata Koichi Yoshihiro and chief operating officer Yusuke Otsuka estimated its loss at 58 billion yen (approx. $533 million). According to Bloomberg, which attended the conference, 500 million NEM tokens were taken from Coincheck's digital wallets." Read this story at: https://www.coindesk.com/coincheck-confirms-crypto-hack-loss-larger-than-mt-gox/ SUBSCRIBE ► https://www.youtube.com/user/BrotherRyanHicks?sub_confirmation=1 WEBSITE ► http://www.TaughtToProfit.com TWITTER ► http://www.twitter.com/TaughtToProfit INSTAGRAM ► http://www.instagram.com/TaughtToProfit SNAPCHAT ► http://www.snapchat.com/add/TaughtToProfit FACEBOOK ► https://www.facebook.com/TaughtToProfit PERISCOPE ► https://www.periscope.tv/TaughtToProfit STEEMIT ► https://steemit.com/@taughttoprofit ME & MY BUSINESSES ► http://goo.gl/CYscux Music Credit: "Relaxing Piano Music" Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License http://creativecommons.org/licenses/by/3.0/
Views: 3604 TaughtToProfit
Mt.Gox Bitcoin Exchange Closes Due to HUGE LOSSES - Bitcoin Confidence Shaken
Mt.Gox Bitcoin Exchange Closes Due to HUGE LOSSES - Bitcoin Confidence Shaken Trading on major Bitcoin exchange Mt. Gox came to a halt on Tuesday and its website was only loading a blank page. There had been no trading activity on the embattled Japanese exchange for four hours as of 3 p.m. local time, according to Bitcoincharts.com, which tracks prices of bitcoin on various exchanges. The website www.mtgox.com stopped displaying any content on Tuesday. It's unclear if user funds on the exchange are secure. The developments follow a weeks-long suspension of bitcoin withdrawals at Mt. Gox to outside addresses, pushing down bitcoin prices on the exchange, and a small street protest in Tokyo outside the offices of its owner, Tibanne. Mt. Gox and Tibanne did not respond to requests for information. Meanwhile, a joint statement issued by Bitcoin industry players lambasted Mt. Gox for its "failings" and lamented a "tragic violation of the trust of users of Mt.Gox." "As with any new industry, there are certain bad actors that need to be weeded out, and that is what we are seeing today," said the statement, signed by the leaders of Coinbase, Kraken, Bitstamp, BTC China, Blockchain and Circle. "We are confident, however, that strong Bitcoin companies, led by highly competent teams and backed by credible investors, will continue to thrive, and to fulfill the promise that bitcoin offers as the future of payment in the Internet age." The players also attempted to calm worries about the security of funds. Coinbase, Kraken, BitStamp, Circle and BTC China will work together to assure the Bitcoin community and the public that funds are secure, they said. A document posted on Scribd.com, purporting to be an internal "crisis strategy draft" from Mt. Gox, said that 744,408 bitcoins are missing due to "malleability-related theft which went unnoticed for several years." It was impossible to verify whether the document is genuine or a hoax. Mt. Gox had previously said it had suspended bitcoin withdrawals to outside addresses due to a technical issue known as "transaction malleability," which could allow for fraudulent exploitation of transaction records. A spokesman for Japan's Financial Services Agency, which oversees banking, securities and exchange and insurance, said the agency does not have jurisdiction over bitcoin exchanges. "The fact that Mt. Gox could drag this out so long is despicable." Investors in bitcoin were seeing the latest developments as a signal that Mt. Gox is finished. "Today could be the last day of the Mt. Gox saga," the Mt. Gox protesters wrote on their online site, which has been the focus of their activity since Tokyo police stopped the street protest in the Shibuya district on Friday. Commentators on Bitcointalk.org, an online forum, were quick to criticize Mt. Gox. "The fact that Mt. Gox could drag this out so long is despicable," one commentator wrote. "They should have immediately halted trading from the moment they disabled withdrawals. The fact that they didn't only indicates that they were buying up coins on the cheap." The moves follow the resignation of Mt. Gox CEO Mark Karpeles from the board of the Bitcoin Foundation, a trading organization. "The future of the foundation is strong and we enjoy passionate industry participation," foundation Executive Director Jon Matonis said in an email. "Overall, new director elections will lead us to a more diverse, fully elected board." Mt. Gox and CEO Mark Karpeles made the decision to leave the board on their own, Matonis added. Bitcoin slipped to $418 from a high on Tuesday of $545 on CoinDesk.
Views: 198 Free Thinking News
$523M Coincheck NEM (XEM) Crypto Hack | Bigger Than Mt Gox
Coindesk - http://bit.ly/2nh0gwi Coincheck - https://coincheck.com/exchange Join Binance Exchange Here! https://www.binance.com/?ref=13795076 Join Kucoin Exchange Here! https://www.kucoin.com/#/?r=7chr68 Mine Bitcoin and other Cryptocurrencies DAILY with HashFlare! https://hashflare.io/r/AC41A081 Use code "QnCw0O" and get 3% off every purchase on Genesis Mining! https://www.genesis-mining.com/a/743555 Recommended Wallet: Ledger Blue / Ledger Nano S https://www.ledgerwallet.com/r/ae80 Recommended Wallet: Trezor https://shop.trezor.io?a=rdysv8k8w29q Code: rdysv8k8w29q My Twitter! https://twitter.com/cryptotplusd Donations are very much appreciated as they help me allocate more time to helping you and keep this channel going!! Bitcoin: 18ugE8gT9QiUd6RGu4JtLrzpvNTJBA9hpH Litecoin: Lh1zojqLUAW4kGLbqK9HALgvp4SHHdkWzk DOGE: DNYyrmcXjWbcFuWjn2NoRFWCLJVCnNcaQS Dash: Xb58Xx66SYCEysuk35j9DhujUVG5jjSXvE Ethereum: 0x10aDD781A8327A632e618DAd6cCb540e091ac6e8 ETC : 0x6A8d2a811995734024cfBCA6bCe0E353aF28d6A4 Stellar: GASZWJUTGFFYIBQ6FXDH2BCJWPCFF7OGMTRJ7ZNGCVEF5XMBC7JZWTLY Verge: DJcPW71JTc66We9hdy3peW2qtKdfKyiVwK Please like share and subscribe! THANK YOU EVERYONE FOR YOUR SUPPORT! **DISCLAIMER**: I am not a financial advisor nor am I giving financial advice. I am sharing my biased opinion based off speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.
Views: 1242 crypto
Mt. Gox exchange blames hackers for huge bitcoin losses, files for bankruptcy - economy
Bad news for some bitcoin holders. Mt. Gox, once the world's biggest exchange for the virtual currency, says it has "lost" around 350 million euros worth of them. Mt. Gox Chief Executive Mark Karpeles blamed the loss on hacking into its faulty computer system. He spoke as the exchange filed for bankruptcy protection from its creditors in Japan. Wearing a suit instead of his customary T-shirt, Karpeles bowed in contrition and apologised in Japanese at a news conference at the Tokyo District C... READ MORE : http://www.euronews.com/2014/02/28/mt-gox-exchange-blames-hackers-for-huge-bitcoin-losses-files-for-bankruptcy euronews: the most watched news channel in Europe Subscribe! http://eurone.ws/10ZCK4a euronews is available in 14 languages: http://eurone.ws/17moBCU In English: Website: http://www.euronews.com/news Facebook: http://www.facebook.com/euronews Twitter: http://twitter.com/euronews Google+: http://google.com/+euronews VKontakte: http://vk.com/en.euronews
Bitcoin Exchange Mt. Gox Disappears, Along With CEO
What really happened to Mt. Gox and why can't anyone find CEO Mark Karpeles?
Views: 830 Newsy Tech
$1.2 Million Bitcoin Theft - Don't Get Bit by Bitcoin!
My commentary on: 'Without third party bitcoin is safer than Fed notes' https://www.youtube.com/watch?v=cJ1YApg5HlQ My commentary on: Federal Reserve Economist On Bitcoin: 'Small Phenomenon But Growing' http://www.forbes.com/sites/kashmirhill/2013/11/07/federal-reserve-economist-on-bitcoin-small-phenomenon-but-growing/
Views: 611 mfromcanada1
Ep 9: The Rise and Fall of Mt. Gox
Find Darknet Diaries in your favorite podcast player to hear the most recent episodes or visit https://darknetdiaries.com. Mt. Gox was the largest bitcoin exchange in the world. It was processing over $15 million a day in transactions. But suddenly, without warning, the website went down. The CEO said the bitcoins were stolen and lost. The public thought Mt. Gox stole the bitcoin themselves. So what really happened?
Views: 1227 tunnelsup
Tokyo Whale? Absolutely NOT! MTGOX Attorney Nobuaki Kobayashi sells 1.9 Billion USD more BITCOIN
Mt. Gox Attorney (Trustee) to sell 1.9 Billion MORE of BTC http://www.afr.com/markets/currencies/bitcoins-tokyo-whale-nobuaki-kobayashi-is-a-seller-20180307-h0x6c5 MTGOX denied rehabilitation ~ assets to be sold https://www.reuters.com/article/us-bitcoin-mtgox/mt-gox-set-to-liquidate-as-court-denies-rehabilitation-idUSBREA3F09U20140416 MTGOX bankruptcy notice of filing https://www.mtgox.com/img/pdf/201504_notice1_en.pdf Where is the Stolen NEM going? https://cointelegraph.com/news/stolen-coincheck-nem-found-in-exchanges-in-canada-japan-law-enforcement-to-be-informed
Views: 164 crypto Eri
Bitcoin What Is It And What Is Coinbase?
#Zennie62 Bitcoin What Is It And What Is Coinbase? Bitcoin Internet Payment Services Robbed Of 1 Million In Bitcoins http://www.zennie62blog.com/2013/11/27/bitcoin-internet-payment-services-robbed-of-1-million-in-bitcoins-25942/ The Bitcoin exchange Bitcoin Internet Payment Services was robbed of 1 million in bitcoins according to several online sources. Network World's John Gold reports that the Copenhagen, Denmark-based exchange was the target of a theft of bitcoins that happened over several days and totaled $1 million, but SiliconAngle says the actual amount was bitcoins totaling $990,000 -- 1,295 bitcoins were stolen. - vlog produced by Zennie Abraham Zennie62 Blog http://www.zennie62blog.com - youtube video A Zennie Abraham YouTube Vlog Zennie62, Oakland's 1st YouTube Partner Channel, covers San Diego Comic Con, NFL Draft, Oakland Raiders, CES Las Vegas, The Academy Awards - CBS SF Bay Area Follow @Zennie62 on Twitter https://twitter.com/zennie62 オークランドの襲撃者 - (Zennie62 YouTube vlog) http://oaklandnewsnow.com/ Maria Ayerdi Kaplan - http://oaklandnewsnow.com/index.php/2018/08/26/maria-ayerdi-kaplan-developer-of-salesforce-transit-center-part-one-of-her-story/ Video: https://www.youtube.com/watch?v=i-dZt3rPjnk
Coincheck Loses $532 Million in Cryptocurrency Hack Attack
Echoing the Mt. Gox fiasco that happened nearly four years ago, Tokyo-based cryptocurrency exchange Coincheck disclosed Friday that a hacker had stolen about ¥58 billion ($532 million) worth of its holdings, sending clients into a panic about the fate of their virtual assets. If confirmed, the heist will surpass the ¥48 billion ($480 million at the time) lost in the collapse of bitcoin exchange Mt. Gox in February 2014. Coincheck Inc., one of Japan’s major cryptocurrency exchanges, said it discovered a significant drop in the balance of its NEM virtual currency at around 11:25 a.m. Friday after about ¥58 billion of it was illegitimately transferred. In a blog post at 12:07 p.m., customers were notified that their NEM deposits had been suspended and that they would be updated when more information became available. But the operational halt only grew bigger, and the startup subsequently froze all withdrawals, including in yen denominations, at 4:33 p.m. It then froze all trading in virtual currencies except in bitcoins at 5:23 p.m. “We are deeply sorry for troubling people with this issue,” Coincheck CEO Koichiro Wada said at a nearly 1½-hour-long news conference that lasted until about 1 a.m. Saturday. Yusuke Otsuka, a Coincheck executive, said the firm is investigating but remains unsure about how it was hacked and how many customers were affected.
Views: 40 Crypto Review
$72 million Worth of Bitcoin Stolen!
HONG KONG Nearly 120,000 units of digital currency bitcoin worth about US$72 million was stolen from the exchange platform Bitfinex in Hong Kong, making it the second-biggest security breach ever of such an exchange. The bitcoin was stolen from users' segregated wallets. Bitcoin plunged just over 23 percent on Tuesday after the news broke. It is not yet clear whether the theft was an inside job or whether hackers were able to gain access to the system externally. http://feeds.reuters.com/~r/reuters/topNews/~3/jKPr8eW2r0o/us-bitfinex-hacked-hongkong-idUSKCN10E0KP http://www.wochit.com This video was produced by YT Wochit News using http://wochit.com
Views: 395 Wochit News
Who Stole $400 Million From Mt. Gox?
The United States has an obligation to pursue nuclear negotiations with Iran before it considers going to war with Tehran to force it to give up its nuclear activities, U.S. Secretary of State John Kerry said on Wednesday. Kerry explained "We took the initiative and led the effort to try to figure out if before we go to war there actually might be a peaceful solution." Iran reached a landmark preliminary agreement with six world powers, including the United States, in November to halt its most sensitive nuclear operations, winning some relief from economic sanctions in return.
Views: 29 Nirvana News
4/24/14 - Xapo Debit Card, Russia's 1st Bitcoin Conference, Silk Road 2.0
http://moneyandtech.com/apr24-news-update/ Here's what's happening today in Money & Tech: Bitcoin wallet provider Xapo today announced the launch of what they describe as the first international bitcoin debit card. The Xapo Debit Card will be available in both digital and physical card form, and accepted anywhere MasterCard is accepted. Transactions will work much like with a debit card. Xapo will first verify that the requested amount is available in the account, and then authorize the exchange of funds via BitStamp. Physical cards will begin shipping to Xapo customers in two months. Russia held its first ever Bitcoin Conference in Moscow Wednesday, where bitcoin experts from around the world expressed their confidence in the future of the digital currency, despite growing restrictions and rumors of a government ban. The situation in Russia has been rocky since the government's February statement that the use of any monetary instruments or surrogates other than the ruble is forbidden. However, when asked at the Bitcoin Conference whether that bitcoin ban indeed exists, one speaker responded by saying, "Nobody knows, and nobody cares." Dubai has finally received its first bitcoin ATM, which has been installed in an office in Dubai Media City, and is stirring up both excitement and debate in the country. To date, the Middle East has been one of the least integrated regions into the global Bitcoin network, partly due to concerns over recent industry thefts and regulatory crackdowns in neighboring countries. However local enthusiasts see this ATM as a strong step toward broader adoption, given the region's large youthful population and high percentage of unbanked. Mt. Gox bankruptcy proceedings commenced today in Japan, led by appointed bankruptcy trustee Nobuaki Kobayashi. Kobayashi released a five-page statement today detailing the proceedings, which will include an investigation into CEO Mark Karpeles' liability. The Bitcoin Foundation is now conducting elections to fill the two open industry seats on its Board of Directors, left vacant since the resignation of Mt. Gox CEO Mark Karpeles, and the arrest of Charlie Shrem. Nominations have now been closed, and campaigning is under way. Among the fifteen vying for these two open seats are BTC China CEO Bobby Lee, GoCoin co-founder Brock Pierce, Gyft CEO Vinny Lingham, and Huobi CEO Leon Li. Voting will open to all current Bitcoin Foundation industry members on April 21st. Since its considerable cyber theft in February, Silk Road version 2.0 has been trying to rebuild and repay its users' lost bitcoins. As of April 8th, as many as 50% of their affected users have already had their lost funds repaid. However, many have yet to log in and claim them. According to the site's administrator Defcon, "over 1000 BTC is sitting in the wallets of victims who have not logged in since the hack." Defcon went on to say, "We are blown away to be part of such a resilient community. It is clear that Silk Road is a movement, not just a marketplace." Watch this news episode on our Money & Tech website at http://moneyandtech.com/apr24-news-update/
Views: 2026 Money & Tech
Bitcoin "Hacked" Bullshit
Only the naysayers (with an interest in bitcoin failing) are pretending that bitcoin COULD be hacked! Get the most important book ever for free in every format including audiobook at: http://thefreedomline.com Audiobook on YT: http://youtu.be/OobMGexM6Ks Please support FREEDOM! by liking this video, subscribing, and sharing! Then go here for everything else: http://thefreedomline.com
Views: 10547 AdamKokesh
BEWARE – Founder's Demise Reveals Crypto Exchange Security Flaw
https://www.illuminatisilver.com https://www.illuminatisilver.com/sign-up-today/ Today is Tuesday 5th February 2019 and we are highlighting an interesting story reported in the last 24 hours and which provides a cautionary message. Canadian, Gerald Cotton aged 30 died on 9th December 2018 as the result of complications arising from Crohn’s disease. The death was unexpected and a tragedy for the family. However, it also was, and currently still is, a tragedy for many thousands of investors. For Gerald Cotton was the founder and Principal Officer of Canada's largest cryptocurrency exchange QuadrigaCX - which has filed for creditor protection as It has not been able to locate or secure its cryptocurrency reserves since Mr Cotton’s death. In court documents filed with the Nova Scotia Supreme Court on 31 January, his widow Jennifer Robertson, says the laptop on which Cotten carried out the companies' business is “encrypted and I do not know the password or recovery key………Despite repeated and diligent searches, I have not been able to find them written down anywhere.” It is estimated that around 115,000 Quadriga users hold balances in their personal accounts in the form of cash obligations and cryptocurrency and the company estimates it owes about C$250m ($190m; £145m) - including C$70m in hard currency which is currently kept in a ‘cold wallet’ located offline, designed to protect against hacking or theft. Those who have held such balances now have to wait and see if they can actually be recovered. The reason we report this, in addition to it being an interesting story is twofold. 1. Cryptocurrencies and the technology which underpin them are unquestionably a most innovative development in the modern world and may indeed be the direction in which future national currencies may be created. However, they are not infallible. They are prone to hacking and manipulation and fraud, and no-one should ever forget this. Now when an exchange which protects against this in the way that QuadrigaCX has, it then performs the most basic of errors – it does not share access to the passwords necessary to access the funds in the event of the demise or departure or incapacity of the ‘key holder’. Which leads us on to point 2. When one operates in a non-regulatory industry, all forms of corrupt or negligent activity often goes unnoticed, unchecked or ignored – until a victim brings it to the attention of the Authorities. However, in a Regulated Industry, there are checks and balances often in place to prevent the former from happening. Now we are not saying that regulated activities or industries get it right all of the time, or that there isn’t negligence or fraud involved. What we are saying is that in a Regulated environment, particularly within financial services it is more likely to be discovered earlier and often much of the negligence is overcome via tried and tested procedures and systems. Also, often, customer deposit protection schemes are in place which offer compensation. As some of us are former bankers who worked both in charge of a branch and also at the Group Head Office, we could see how such systems not only worked in the main part but also protected the consumer to a large degree. Now we appreciate some listeners will be shouting out but there is still corruption in banks – Libor Rigging, Mis-selling, market manipulation – and yes that is true. But just think for one moment how bad it could be if such regulations were not in place. At its most simple level, as a Branch manager, one would hold the key to the branch. In addition, so would the Assistant Manager plus one other senior staff member (with a spare also held at the Areas head office). Two keys were required to open the branch thereby requiring 2 staff members to be present. There were also 2 keys necessary to access the strong-room – one held by the Branch Manager or Assistant plus one held by the chief cashier– who did not have a key to the branch - and again 1 spare held at the area office). So in order to ‘rob the safe’ as it were, out of hours, 3 people had to be involved unless some form of explosive was used, and guess whose work was the most closely examined when the annual ‘bank inspection’ was carried out – yes the manager, the deputy manager and the Chief cashier. So, when you consider investing or depositing your monies into any vehicle, regardless of what it is, our recommendation is to make sure its regulated, and also has appropriate systems of protection and access should something go wrong and we haven’t even covered the issue of depositor monies protection which such a regulated environment also commits to providing. Just imagine, this guy was the sole owner of the passwords to Canada's largest cryptocurrency exchange – who would have believed it – so beware, take nothing for granted and do your own due diligence.
Views: 1988 Illuminati Silver
$530 million cryptocurrency heist may be biggest ever
$530 million cryptocurrency heist may be biggest ever The exchange, Coincheck, has promised to partially refund the 260,000 cryptocurrency investors affected by the theft, although it didn't say when it would do so or where it's getting the money from. The hacking at Coincheck, which bills itself on its website as "the leading bitcoin and cryptocurrency exchange in Asia," came to light over the weekend. If confirmed, it's expected to rank as the biggest such theft on record, eclipsing the estimated $400 million in bitcoin stolen from Mt Gox in 2014...
Views: 7 Tech News
Mt gox incident ( Hindi version)
Bitcoin kaa daam kyu gira aakhir?
Views: 206 youth incredible

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