Detail Analysis
Date:
Status:
Count:
Contributor:
June 16, 2011
Verified
2
zerofriction.io
Loss Amount:
72,000
Recovered Amount:
-
Currency:
Dollars, BTC
KYC By:
Audit By:
None
None
Website:
No data
Twitter:
No data
Discord:
No data
Telegram:
No data
Medium:
No data
Github:
No data
Key Indicators
Platform:
Type:
Category:
Method:
Bitcoin
Exchange
Assets
Compromised Access Control
Extended Method:
Security breach, user name and password
Data Sources:
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.
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