“Tradefortress, a young Sydney man who told ABC News he was over 18 but only just, refused to give his real name to Fairfax Media.  He offered the wallet service through a website called Inputs.io. The site claimed to be ‘’one of the most secure web wallets on the market’’ and charged customers a small fee to store their coins.  As well as utilising two-factor authentication and location-based email confirmation, it claimed it was set-up to prevent ‘the hack of Bitcoins even if the web server was compromised’.  It now seems that claim has been proven untrue, with Tradefortress telling users on the site: ‘I don’t recommend storing any Bitcoins accessible on computers connected to the internet.'”

http://www.canberratimes.com.au/it-pro/security-it/australian-bitcoin-bank-hacked-1million-stolen-20131108-hv2iv.html

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