Digital security in a crypto-world

News broke just yesterday of a large scale theft of newly minted cryptocurrency, bitcoin gold. The value of the anonymous heist has been placed at over $3.3 million. A website was created to trap unsuspecting users by piggybacking off the official bitcoin gold site. This website then asked visitors for their wallet numbers and private keys. From there it was a matter of simply transferring the digital currency to an unknown destination.

In addition to including an unassuming link to the malicious website, the perpetrator also managed to receive endorsement from the official Twitter account of bitcoin gold!

It’s fair to say that cryptocurrencies aren’t as safe as we’d like to think they are.