Chinese Bitcoin exchange Bter was breached by hackers on Valentine's Day who managed to steal $1.75 million in Bitcoins.
The company has not revealed much about the breach, other than that 7,170 BTC were stolen from the offline wallet they were using on February 14, via a single link leading to the platform.
The company is currently offering 720 BTC – approximately $170,000 – for the recovery of the stolen digital currencies.
This is the second major Bitcoin heist via hack in the past two months. Previously, Slovenian Bitcoin exchange Bitstamp lost about $5 million in January.
It is likely that this year's discussion around Bitcoin will focus more on security than on whether businesses or individuals choose to adopt the digital currency.
Source: secnews.gr
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