In March 2012, hackers broke into the hosting company Linode and drained about 46,000 #Bitcoin from Bitcoinica and other accounts. How did a web host’s breach reach the coins, and was the thief ever identified?
An intruder compromised Linode’s customer support portal on March 1, 2012, using stolen support credentials. They searched for accounts mentioning “bitcoin,” found eight, then used a Manager weakness to reboot the VMs and reset root passwords. Once inside the servers they emptied the hot wallets.
Bitcoinica lost ~43,554 BTC of the ~46,700 total. The thief was never identified.
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