Bitcoinica hacked for $90,000

[shipdit]

"May 14, 2012 — IDG News Service — Bitcoin exchange site Bitcoinica suspended its operations on Friday after hackers managed to steal 18,547 bitcoins -- valued at about US$90,000 -- from its online wallet.

The user database probably was compromised as well, Bitcoinica's administrators said in an announcement posted on the site's home page. The information stored in the database included usernames, email addresses and account histories"

Full article from csoonline:

http://www.csoonline.com/article/706...00-in-bitcoins

Bitcoinica's website announcement:

http://www.bitcoinica.com/

SD

.

[VBA Seller]

i wish i was that hacker lol

[Overeem]

Lucky guy

[copxxx]

The user database probably was compromised as well

Very good, indeed. Thats what I call über-security! Bunch of lame administrators.

[timecop]

Actually they simply signed into the Rackspace customer control panel and had free reign over all the servers. Basically they somehow got access to the admins account and just requested a password change.

Terribad security. Should have it set up for ssh only and the actual wallet black box should only be on a local network with no way to access a shell remotely.

In other news the Bitcoinica hacker popped on IRC to give out the coins to random people I guess to spread the "tainted" coins around so they can later cash out unnoticed. Claims he did it to stop bitcoinica speculation which was endagering the exchange rate or something.

[Epic]

Lucky Boy