Another Bitcoin exchange from Czech Republic hacked more than $100,000 stolen.

Bitcoin Exchange based in Czech Republic, was hacked, causing more than 4000 bitcoin wallets to be compromised. The exchange (bitcash.cz) said on evening of November 11th there servers were breached by some Anonymous hackers.

Bitcash said hackers used their emails to send mails to their users asking them to send 2 BTC to wallet cause company have suffered a breach and have to use a U.S recovery company to get back the cash. 

Company have warned their users on Facebook page for any such fraud mails, but still hackers were manage to stole $100,000 from over 4000 bitcoin wallets.

This is not the first time when any Bitcoin exchange have been compromised, just few days back
Chinese Bitcoin exchange GBL shutdown, taking away more than $4.1 virtual currency of users away with them.

Before that a similar case was found in Australia when Australian Bitcoin Exchange Tradefortress closed with $1 Million in Bitcoin  fund missing.

Time to time hackers are targeting Bitcoin exchanges and wallets, have currency exchange with Bitcoins become safe enough for users to trust them.

Abhishek Kumar Jha
Abhishek Kumar Jha
Knowledge is Power

Read More

Suggested Post