Blog | G5 Cyber Security

Danish Bitcoin exchange BIPS hacked and 1,295 Bitcoins worth $1 Million Stolen

Hacker wiped out around 1,295 Bitcoin from people’s wallets, currently worth $1 Million. More than 22,000 consumer wallets have been compromised and BIPS will be contacting the affected users. Hackers launched DDoS attack on BIPS, originate from Russia and neighboring countries and then hackers attacked again on 17th November. Even after the robbery, he told his customers, “Web Wallets are like a regular wallet that you carry cash in and not meant to keep large amounts in”

Source: https://thehackernews.com/2013/11/danish-bitcoin-exchange-bips-hacked-and_25.html

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