TechHive: Bitcoin wallet service to issue refunds after users' funds stolen

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Bitcoin wallet service to issue refunds after users' funds stolen Aug 21st 2013, 04:08, by Jeremy Kirk, IDG News Service A widely used Bitcoin wallet service plans to issue refunds to people who saw their bitcoins stolen as a result of a weakness in its application. Blockchain.info, which has a Web-based service called My Wallet, has also upgraded its application after finding a vulnerability similar to one discovered earlier this month in some Bitcoin wallet programs running on the Android mobile OS. "Likely if you have been affected by this problem your coins will have been taken already," a Blockchain.info official wrote on the Bitcointalk.org forum. "All affected users will be refunded in full." The number of affected users is small, said Roger Ver, who is an investor in Blockchain.info, via email. Blockchain.info expects to refund around 50 BTC or $5000, he said. To read this article in full or to leave a comment, please click here Media files: bitcoin-100039995-small.jpg

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