Bit-heist: Over $1mn in bitcoins stolen from Australian online bank

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Reuters / Jim Urquhart
Reuters / Jim Urquhart

An Australian bitcoin bank holding over US$1 million of the crypto-currency has been hacked, leaving an unknown number of users with nothing – one of the largest thefts in the currency’s four-year history.

The incident took place on October 26, when the bank was hacked, with 4,100 bitcoins valued at $1.3 million stolen, the service’s operator only known a