Archived A single typo let hackers steal $400,000 from a Bitcoin rival (businessinsider.com)
submitted ago by Fred-Stiller-OnAWire
Posted by: Fred-Stiller-OnAWire
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Archived on: 5/22/2017 10:00:00 AM
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Archived A single typo let hackers steal $400,000 from a Bitcoin rival (businessinsider.com)
submitted ago by Fred-Stiller-OnAWire
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[–] derram ago
https://archive.is/ndJSE | https://vgy.me/DZBgbP.png :
"Yap emphasises that there's nothing wrong with Zcoin's cryptography â\x80\x94 it was just the typo that was the problem.", "Zcoin is similar to Bitcoin â\x80\x94 it's a digital currency powered by cryptography, and without any single central bank."
'On Friday, digital currency Zcoin announced that a typographical error had let an unidentified attacker make a profit of around $400,000 (£320,000). '
'"Yesterday, our team found a bug in our implementation of Zerocoin," Zcoin community manager Reuben Yap wrote in a blog post on Friday. '
'Almost all of these have already been sold on, netting the attacker a profit of around 410 bitcoin â\x80\x94 $437,000 (£351,000) â\x80\x94 according to Zcoin. '
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