Bank robbery redefined: million dollar Bitcoin heists

According to BitcoinWatch the current market capitalization of the virtual currency stands at an incredible $10.4 billion. A single Bitcoin is now worth more than $800. In the ongoing aftermath of the Silk Road takedown many people wrongly assume Bitcoin is some kind of criminal currency, used to trade in anything and everything illegal online. However, be in no doubt that cyber-criminals are, indeed, attracted to Bitcoin: they are targeting it in virtual bank robberies.