, Columnist
A Hacker Warning for Bitcoin
The crypto-currency may be un-hackable but its ecosystem isn't.
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Saying Bitcoin is un-hackable is of small comfort to those who've lost money through cracks in its ecosystem of exchanges, intermediaries and money-raising schemes.
The latest theft in cryptoland is a reminder that the promise of security and liquidity is only that -- a promise. This isn't a systemic shock in the same league as the Mt. Gox bitcoin exchange collapse, but it's a warning that transparency and trust are rare commodities in this world.