Silk Road 2.0 Blames Hack For Massive Bitcoin TheftSparrowvsrevolution writes "The reincarnated drug site Silk Road 2.0 announced Thursday that it's been hacked by sellers on the site who used a bug in Bitcoin known as "transaction malleability," the same one plaguing Bitcoin exchange Mt. Gox and others. At least $2.6 million worth of bitcoins have been stolen, according to an estimate based on analyzing the Bitcoin blockchain by Nicholas Weaver of the International Computer Science Institute.
Silk Road's users and others in the Bitcoin community, however, are crying foul. As in the case of Mt. Gox's shutdown, they point out that transaction malleability has been a known issue since 2011, and shouldn't allow the theft of bitcoins. A more likely theory is that Silk Road's administrators have pocketed the funds and used the transaction malleability bug as a convenience scapegoat."
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