Hackers have exploited security weaknesses in SS7 protocol to break into a GMail account, take control of a bitcoin wallet and steal funds.
Problem not in bitcoin, problem in a method used to access and "secure" bitcoin. Still pretty impressive though.
>Hackers have exploited security weaknesses in SS7 protocol to break into a GMail account, take control of a bitcoin wallet and steal funds.
Problem not in bitcoin, problem in a method used to access and "secure" bitcoin. Still pretty impressive though.
Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks.
Problem not in bitcoin, problem in a method used to access and "secure" bitcoin. Still pretty impressive though.