Friday, February 14, 2014

Silk Road 2 Hacked, All Bitcoins Stolen

Defcon, a pseudonymous administrator for Silk Road 2 has issued the following statement:

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.

Despite our hardening and pen-testing procedures, this attack vector was outside of penetration testing scope due to being rooted in the Bitcoin protocol itself.
Over $2 million bitcoins were stolen and Silk Road 2 will not be making up the loss to those whose coins have been stolen.

5 comments:

  1. But...but....this is impossible because shitcoins are the greatest thing known to man and Honey Badger said this is impossible...as a matter of fact he will defend them in 3...2...1..


    BUY PHYSICAL GOLD! Silver, too. don't waste your time or $ on shitcoins. if you can't read the writing on the wall then I have no pity for you.

    ReplyDelete
    Replies
    1. As others have said there is no replacement for gold and silver

      Delete
    2. Don't forget arable land. You're gonna need a nice, remote spot to hide all the gold and silver when they attempt to confiscate it again.

      They've done it before, don't underestimate them. Still, gold, silver, and land are your best bets for what's coming.

      Delete
  2. The Honey Badger of money awakens! Deposits and withdrawals resume on BitStamp (the real reference point for bitcoin prices) and the price rebounds 20% from 24 hour lows.

    ReplyDelete
    Replies
    1. HB give it up. Any cheerleader tied to the mast like you have been over the past couple months is either financially ruined at this point or a piker of the worst kind from the start. At this point I'd starting to look like a good bet that you've never traded a security in your life.

      p.s. when trace comes on these boards to talk....shut up. ok? he's.....up HERE^, and you're....down HEREv...

      Delete