By Adrianne Jeffries
The popular Bitcoin transaction processor that disappeared from the internet about 10 days ago, taking at least tens of thousands of Bitcoins in user deposits with it, has been communicating via statements posted to the site. In essence: We screwed up. We were hacked. We have enough BTC to refund some of the lost Bitcoins, and then we’re done. “It appears to be human error combined with a misunderstanding of how Bitcoin secures transactions into the next block,” the most recent statement says by way of explanation.
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SiliconANGLE (5 Aug 11)
