Bitcoinica Hack
What happened
According to a statement released on the Bitcoinica Web site, unknown hackers breached production servers and accessed information belonging to the Bitcoin exchange, Bitcoinica, stealing $87,000 in BTC.
The hack occurred on May 11 and resulted in the loss of 18,547 Bitcoins, which is worth more than $87,000 on the day of the attack. Attackers also obtained access to Bitcoinica users' user names, email addresses, and account histories.
Case & protocol details
Market Context at Time of Hack
Audit assessment
Review priorities based on the documented failure pattern in Bitcoinica (May 2012).
Critical checks
- Verify every sensitive logic path is guarded by appropriate access controls and input validation
Evidence & learning
Sources and on-chain records
- report Report docs.google.com
- report Report bitcointalk.org
- report Report bitcointalk.org
- report Report bitcointalk.org
- report Report threatpost.com
- analysis Web Archive web.archive.org
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