Bitcoin compromised and over 611,000,000 USD stolen

It was far too good to be true that Bitcoin was considered secure.

Hackers recently accepted the challenge and their efforts were well rewarded.

Detailed analysis of the hack:

He/she returned half of it - was he/she White Hat or did he/she just find out that they couldn’t spend it?

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A white would have returned the lot!

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True. Half of an awful lot still leaves an awful lot.

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The guy/girl is still hiding, appears to be “White Hat” operation and nearly all the funds have been returned. He/she was awarded a 500,000 USD Bounty for their efforts in exposing the vulnerability. A very nice little earner :slight_smile:

I don’t see how he can call himself “white hat” and yet keep some of the money.

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Well from what I can tell they are returning it over time. Probably because it is hard to return that much cash. When I first heard of this story they only had returned something like 30 million. So the fact that it is up to hundreds now means that it is taking some time. So it might be a little early to say they are keeping any of it. We may need to reserve judgement and see. They may intend to return it all. If they do, white hat all the way. If not, gray they shall remain.

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So…nothing’s really secured at all.

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Nothing is secure now)

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