Also, it's a shame that this kind of breach happens, but it seems like it's been a while since a "$COMPANY hacked X BTC stolen" headline was out there[1]. There seem to have been more of those in the past and they appear with less frequency, which is a good thing, I guess.
[1] Silk Road doesn't count toward this recollection, since it falls under the "Bitcoin $COMPANY busted by the feds" headline, which will probably happen more often in the future.
It's probably because the market for such services is slowly saturating. Entry bar is quite high, and people are not willing to use newly released services as much anymore, as it was before. So yeah, it's good that the rate is decreasing, but unless we remove the source of this (i.e. move away from "hosted Bitcoin wallets" scheme) this will still happen in the future.
i m ok with the feds stamping out crime. But i m not ok with the feds stamping out something which also has use outside of crimes. I sincerely hope bitcoin transactions aren't associated with crime, so that its popularity can grow more mainstream.
If you have read the whole story of Silk Road they didn't busted them for bitcoins but for drug trading. And they explicitly stated there were legitimate uses.
From what I have read the current Fed stance is - if you think BitCoin is money, we are ok with that as long as you comply with all regulations.
Also, it's a shame that this kind of breach happens, but it seems like it's been a while since a "$COMPANY hacked X BTC stolen" headline was out there[1]. There seem to have been more of those in the past and they appear with less frequency, which is a good thing, I guess.
[1] Silk Road doesn't count toward this recollection, since it falls under the "Bitcoin $COMPANY busted by the feds" headline, which will probably happen more often in the future.