[2016-08-10] BTC-E May Be Vulnerable To A Funds Duplication Bug

elyas772

hero member

Activity: 756

Merit: 502

leaving our bitcoin long term in exchanger is bad idea. better we trade at shapeshift.io, the real decentralization changer. so we can hold our altcoin/bitcoin.

Kaneki

sr. member

Activity: 252

Merit: 250

If there is one thing the Bitfinex hack has taught us, it is how no exchange is completely invulnerable.In some cases, these exploits present themselves in a rather strange way

1Referee

legendary

Activity: 2170

Merit: 1427

I use BTC-E since very early 2013 and I am well aware of the fact (bug) that if you withdraw coins, or do something else, that your balance is still the same even though you received all the coins in your PC wallet. However, it's not possible to use this balance in any way. I have tried it, but it doesn't work.

Quote

he noticed his available fiat currency balance had somehow doubled. Visual glitches like these are not entirely uncommon either. Oddly enough, he was able to spend that increased balance to buy Bitcoin, and the full amount was credited to his account.

That's just complete nonsense. The page on the user side may show him/her still having a balance (while in fact they have not), but the system (BTC-E) knows that you don't have any funds to buy with. This bug exists for quite some time, it is however funny that it is a point of discussion right now, lol....

jdebunt

legendary

Activity: 1596

Merit: 1010

According to a report sent to us via email, there is a new kind of bug on the BTC-E exchange. The user told us how he placed a fiat currency buy order for Bitcoin on the platform. After seeing it partially filled, the transfer was canceled in the hopes of buying slightly cheaper coins. This is not unusual exchange behavior by any means.

http://themerkle.com/btc-e-may-be-vulnerable-to-a-funds-duplication-bug/

Topic: [2016-08-10] BTC-E May Be Vulnerable To A Funds Duplication Bug (Read 292 times)