very interesting Kevin! I'm hoping you or Sepp can do an update on bitcoin developments in a week or so? On Mon, Jun 20, 2011 at 6:32 AM, Kevin Flanagan <[email protected]>wrote:

Hey,

I've been following bitcoin recently trying to get my head around it. I created an account on MtGox the exchange but never used it. I own 0 bitcoins :) However I found out this evening that MtGox has been hacked and this crashed the bitcoin market. Gmail soon alerted me to suspicious activity on my account. I don't use the same passwords so my account was fine but I guess someone managed to brute force the encrypted passwords on MtGox and tried logging in to my Gmail from a suspicious IP address.

The video below is kind of fascinating to see the speed at which this all happened.

Video - https://twitter.com/#!/BitcoinAnalyst/status/82526560351031296 Bitcoin Forum - https://twitter.com/#!/bitcoininfo/status/82528153020542976

Best

Kevin

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