The news was followed by reports from Coindesk of a "massive and concerted attack" on Bitcoin exchanges.
The Bitcoin correction we wrote about yesterday was not caused by a DDOS attack on one of the largest Bitcoin exchanges, Mt.Gox, but rather by a massive spike in interest in the crypto currency, according to Mt.Gox.
Cybersecurity firm FireEye claims to have tracked at least five attacks on bitcoin exchanges, or individual bitcoin wallets, within the past six months.
That's according to a new report from cybersecurity firm FireEye, which claims to have tracked at least five attacks on bitcoin exchanges, or individual bitcoin wallets, within the past six months.
Like the Minutemen, armed and ready to attack on a moment's notice against the growing intolerance of the occupying monarchy everyone needs to have their Bitcoin plan of action ready to go in the face of financial tyranny.
Similarly, one reason Bitcoin's scripting language is limited is to help prevent hacking and denial-of-service attacks on the Bitcoin network and its miners.
"Our farm-to-bitcoin menu includes a free-range bitcoin smoked on a cedar bitcoin, and served with an emulsion of bitcoin-infused bitcoin on a bed of bitcoin-bitcoin".
While there have been attacks on independently-run Bitcoin wallets and exchanges, the core 31,000 lines of Bitcoin haven't been compromised despite being available to the world's best hackers and cryptographers for the last four years.
There are three blatant types of attacks on Bitcoin's security: Sybil attacks, block withholding attacks, and 51% attacks.
On Tuesday, a bitcoin was being sold for about $108 online.
