The pseudonymous operator of Mybitcoin acknowledged: “We’ve concluded that around 1% of the users on the leaked Mtgox password file had their Bitcoins stolen on MyBitcoin.” In total, 4,019 BTC worth $72,000 were stolen, with Mybitcoin covering their losses. It turns out that many users of Mt. Gox shared the same username/password combination on MyBitcoin. Let this be a reminder to use unique username/passwords on each site and 2FA if you don’t already. MyBitcoin covered losses for users in this incident.
Shutdown around 7/20/2011
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