[ANN] BITGESELL - Store of value (Burn rate is 90% of tx fees) #realstoreofvalue - page 14.

EmmaWu

copper member

Activity: 161

Merit: 67

Quote from: FutureBitcoin on November 10, 2022, 01:41:47 AM

Quote from: EmmaWu on November 09, 2022, 05:58:59 AM

Hi dear BGL community!

Unfortunately I have to say that bridge wallet from BGL mainnet side was probably compromised, so the amount of around 450k BGL was transferred to hacker's wallet.
Guys are investigating the issue.

This is the biggest hack in all of the BGL's history. Contests are now paused due to these circumstances.

Don't be worried about the bridge funds, they would be reimbursed.

What is the hacker's address?
Please keep us informed of the developments of the investigation and the measures of action that you are taking.

Hello guys!

It appears that stolen funds were distributed between 2 addresses:

to Hacker's private address 250 k https://bgl.bitaps.com/bgl1qt5r7e8cr7uufpf3ga2azr46nzegmz5qxf6dnpu
  next 100k to bridge https://bgl.bitaps.com/bgl1qjyeaal24xmwwp8raga4f94hudag2myu3wap94h
   convert to 100k wbgl https://www.bscscan.com/token/0x2ba64efb7a4ec8983e22a49c81fa216ac33f383a?a=0xccd04ec601bf085d219db1c925af6ba9fd17b923
   and sold for $1.7k on pancakeswap
  and 142k to another private wallet https://bgl.bitaps.com/bgl1q6j8jt6uauqcw25m3ka6we63xqxfhezuxlkq5ey
   next he sent to bridge
   and convert to 142k wbgl https://www.bscscan.com/token/0x2ba64efb7a4ec8983e22a49c81fa216ac33f383a?a=0xfa9e1c0fad659f2d23b347077d5bd89a73cea3e4
   sold 50k wbgl for 890$ on pancakeswap https://bscscan.com/tx/0x7c26908b7078f1588f46f84d0078b13e6d1b5b316b7aad5514f1f930e60a31f6
and sold last 50k on pancakeswap for $1000 https://www.bscscan.com/tx/0xf8dc2b51daab6dee9ab7c216737abbf67f48da12a4cf78d13860b52673454361



and
to Hotbit 200k bgl https://bgl.bitaps.com/bgl1qza8rdceqv3kjn5wh33lv3hss8mz57r53qgu8xt
Hotbit -> Bglfuture 32k https://bgl.bitaps.com/bgl1qz4x8362m9m36zjhthw5ctpxps323amyft8jt5y

Let's hope the hackers are white hats. I could offer bounty on the return of saved funds (we can count that as a security contribution to the project). Let's say 10-30% of current market value if the funds would be returned (to address bgl1q328ne2tpmm79hrj86uxa7xj62pqrjlsafrhj92).

The bridge has been patched and would resume normal operations shortly. Stuck transactions would be reimbursed too. I would keep you updated.

FutureBitcoin

legendary

Activity: 2674

Merit: 1138

Quote from: EmmaWu on November 09, 2022, 05:58:59 AM

Hi dear BGL community!

Unfortunately I have to say that bridge wallet from BGL mainnet side was probably compromised, so the amount of around 450k BGL was transferred to hacker's wallet.
Guys are investigating the issue.

This is the biggest hack in all of the BGL's history. Contests are now paused due to these circumstances.

Don't be worried about the bridge funds, they would be reimbursed.

What is the hacker's address?
Please keep us informed of the developments of the investigation and the measures of action that you are taking.

EmmaWu

copper member

Activity: 161

Merit: 67

Hi dear BGL community!

Unfortunately I have to say that bridge wallet from BGL mainnet side was probably compromised, so the amount of around 450k BGL was transferred to hacker's wallet.
Guys are investigating the issue.

This is the biggest hack in all of the BGL's history. Contests are now paused due to these circumstances.

Don't be worried about the bridge funds, they would be reimbursed.

EmmaWu

copper member

Activity: 161

Merit: 67

Hi dear BGL community!

We decided to stop tx contest, will explain why: network congestion was tested, we had full block or ~700 transactions in the block.
BGL blockchain passed a long-running stress-test.
Thanks for all participants!

FutureBitcoin

legendary

Activity: 2674

Merit: 1138

Information from official telegram chanel.

Quote

Information for those who sell coins for less than three cents. Using BlackMiner F1+ mining device you can get 20 coins per day. In doing so, you use 17 kilowatts of electricity. Now it is not difficult to calculate the cost of one coin BGL. I will leave the fact of buying the device for mining and running costs behind the scenes.

And now the most important question. Why are thousands of devices now mining a coin whose cost is many times higher than its current price? 😉

bitbollo

legendary

Activity: 3276

Merit: 3537

Nec Recisa Recedit

Hi EmmaWu did you have evaluated other platforms for marketing manager? Likewise... freelancer/linkedin/monster/indeed...however why not create a topic here in service
https://bitcointalk.org/index.php?board=52.0
just to make everyone aware about your search?

I want suggest another user https://bitcointalksearch.org/topic/for-hire-community-manager-and-promoter-5395795 @JanEmil
He has a good portfolio and great experience on crypto project.

We are well aware that this coin has a strong potential, but now it's the right time for the next step Wink

and improve development....

mthin816

newbie

Activity: 1

Merit: 0

Quote from: BTCLiz on November 13, 2021, 11:57:53 AM

Hi,

I am trying to send a tx from the webwallet, but there it tells me that I'm using absurdly high fees. I also tried it with the lowest possible fee amount but I got the same result. Can anyone help me?

https://trendkoin.com/metamask-nedir-metamask-nasil-kurulur/

newbtc101

jr. member

Activity: 45

Merit: 17

Quote from: EmmaWu on October 07, 2022, 03:42:22 AM

Quote from: FutureBitcoin on September 25, 2022, 10:14:01 AM

Quote from: FutureBitcoin on September 03, 2022, 08:32:14 AM

@vanorton, @EmmaWu how about Lightning Network for BGL?

Up for this question.

Hi guys, Lightning Network technically should be supported by BGL as we are continuously syncing with BTC codebase and this feature should be present 'out of the box'.
Currently there is a space in the blocks for your tx to get there comfortably, so no urgent need for Lightning on BGL, but technically it is there.
Anyone could set up a payment channel if they want to, why not.

Quote from: newbtc101 on October 04, 2022, 09:30:14 AM

Quote from: ?? on ??

because I saw some bridge posts having a bit of a problem, so I bought WBGL on pancakeswap, and it worked fine.
hope to buy more WBGL in this month. Wink

I did not say that I could not buy WBGL from the bridge. I stated that I could not transfer my BGL coins from my wallet to the bridge no matter what RPC I used and there were plenty of wbgl coins available on bsc network. Why dont you read my posts one more time and this time do it carefully?

PS I used to be a great advocate of this project, just read my previous posts. However, I think that team should provide some updates concerning this project. I believe that Emma was talking about hiring a marketing person back in April of 2022, then there was some talk about a publication in a tier 1 journal, there were also some questions from the community regarding exchanges and lightning network that went unanswered... Dont get me wrong, this project is great and has a great potential but the team needs to provide some updates to the community if they want to keep this project flowing through the bearish times and keep trust from the community.

PS2 I still dont know if the problem with the bridge was fixed because right now there are no wbgl coins to swap through the bridge so I cant test it.

Thank you for the feedback and your support! The main problem is to find a proper person to take care of marketing, unfortunately the search still goes on (open for proposals here), but the activity is present nonetheless, check recent articles.
We are pretty consistent on providing updates at 2nd post in this thread, it's regularly updated, check it out:
https://bitcointalksearch.org/topic/m.54173808
Don't worry BGL is here to stay.

Dear Emma,

Thank you for your thoughtful response. I have been testing the bridge by sending BGL coins from my wallet via BSC network and it works fine. Thank you for fixing it.

I think BGL has a very bright future. I personally seeing this as an opportunity to buy a unique blockchain and a better version of BTC at such a ridiculously cheap price.

Do you still plan a publication in a tier 1 journal? Please let us know.

PS May I suggest something that would be potentially helpful? What of you or someone from the team will make either bi-weekly or a monthly brief ( a few sentences) report on BGL progress right here, on this thread? This would help BGL community to stay on the top of things. Please let us know.

PS 2 Best of luck with finding a suitable candidate for marketing.

EmmaWu

copper member

Activity: 161

Merit: 67

Quote from: FutureBitcoin on September 25, 2022, 10:14:01 AM

Quote from: FutureBitcoin on September 03, 2022, 08:32:14 AM

@vanorton, @EmmaWu how about Lightning Network for BGL?

Up for this question.

Hi guys, Lightning Network technically should be supported by BGL as we are continuously syncing with BTC codebase and this feature should be present 'out of the box'.
Currently there is a space in the blocks for your tx to get there comfortably, so no urgent need for Lightning on BGL, but technically it is there.
Anyone could set up a payment channel if they want to, why not.

Quote from: newbtc101 on October 04, 2022, 09:30:14 AM

Quote from: ?? on ??

because I saw some bridge posts having a bit of a problem, so I bought WBGL on pancakeswap, and it worked fine.
hope to buy more WBGL in this month. Wink

I did not say that I could not buy WBGL from the bridge. I stated that I could not transfer my BGL coins from my wallet to the bridge no matter what RPC I used and there were plenty of wbgl coins available on bsc network. Why dont you read my posts one more time and this time do it carefully?

PS I used to be a great advocate of this project, just read my previous posts. However, I think that team should provide some updates concerning this project. I believe that Emma was talking about hiring a marketing person back in April of 2022, then there was some talk about a publication in a tier 1 journal, there were also some questions from the community regarding exchanges and lightning network that went unanswered... Dont get me wrong, this project is great and has a great potential but the team needs to provide some updates to the community if they want to keep this project flowing through the bearish times and keep trust from the community.

PS2 I still dont know if the problem with the bridge was fixed because right now there are no wbgl coins to swap through the bridge so I cant test it.

Thank you for the feedback and your support! The main problem is to find a proper person to take care of marketing, unfortunately the search still goes on (open for proposals here), but the activity is present nonetheless, check recent articles.
We are pretty consistent on providing updates at 2nd post in this thread, it's regularly updated, check it out:
https://bitcointalksearch.org/topic/m.54173808
Don't worry BGL is here to stay.

newbtc101

jr. member

Activity: 45

Merit: 17

Quote from: ?? on ??

because I saw some bridge posts having a bit of a problem, so I bought WBGL on pancakeswap, and it worked fine.
hope to buy more WBGL in this month. Wink

I did not say that I could not buy WBGL from the bridge. I stated that I could not transfer my BGL coins from my wallet to the bridge no matter what RPC I used and there were plenty of wbgl coins available on bsc network. Why dont you read my posts one more time and this time do it carefully?

PS I used to be a great advocate of this project, just read my previous posts. However, I think that team should provide some updates concerning this project. I believe that Emma was talking about hiring a marketing person back in April of 2022, then there was some talk about a publication in a tier 1 journal, there were also some questions from the community regarding exchanges and lightning network that went unanswered... Dont get me wrong, this project is great and has a great potential but the team needs to provide some updates to the community if they want to keep this project flowing through the bearish times and keep trust from the community.

PS2 I still dont know if the problem with the bridge was fixed because right now there are no wbgl coins to swap through the bridge so I cant test it.

newbtc101

jr. member

Activity: 45

Merit: 17

There is still a problem with a bridge on BSC network, although bglswap has been showing that there are 33009 wbgl coins, all transfers from BGL wallet are being returned. Its been for several days by now... Angry

Please take a look, thanks for your help.

FutureBitcoin

legendary

Activity: 2674

Merit: 1138

Quote from: FutureBitcoin on September 03, 2022, 08:32:14 AM

@vanorton, @EmmaWu how about Lightning Network for BGL?

Up for this question.

newbtc101

jr. member

Activity: 45

Merit: 17

To BGL team:

A bit of update concerning the bridge

I am still experiencing a problem with a bridge. I tried remove any address from RPC node and literally any amount of coins that I try to send out from my wallet through the bridge via BSC are being returned. I previously tried various addresses for RPC nodes and still no success.

In the mean time I have sent my BGL coins to Hotbit and there was no issue. So there is there is something with the bridge.

Just giving some head ups. Please take a look. Thank you for your help.

Castor198

newbie

Activity: 29

Merit: 11

A live visualisation of Bitgesell network activity
http://mempool.bglnode.online

MiningCoinsPool

member

Activity: 450

Merit: 10

Update on explorer https://bitgesellexplorer.ca

newbtc101

jr. member

Activity: 45

Merit: 17

Quote from: EmmaWu on September 24, 2022, 06:25:14 AM

Hi guys,

I want to announce possible interesting changes to BGL that we plan to start working on following months,
as always, your thoughts and opinions are most valuable, please participate:
https://bitgesell.ca/download/bglips/bglip1.pdf

we are announcing this publicly too:
https://[Suspicious link removed]day/bitgesell-bgl-introduces-dynamic-block-size-for-more-efficient-tokenomics

if you want to join the project please participate in BGL GitCoin program https://gitcoin.co/issue/29030,
if you have model proposals for dynamic block size calculation, let's discuss here.

hi Emma - this is another great update, thanks!

I think that the BGL bridge may have some problems. I have been trying to send some BGL from my wallet through the bridge via BSC network and no matter how small transaction is, all coins are returning within minutes. Right now bglswap shows that more than 19K available on BSC network but I cant even send 100 BGL. I also tried 2 different RPC nodes:

https://pool.bitaps.com/
https://bglnode.online

but no success. Please help

PS Hope your publication in a tier 1 journal goes well

EmmaWu

copper member

Activity: 161

Merit: 67

Hi guys,

I want to announce possible interesting changes to BGL that we plan to start working on following months,
as always, your thoughts and opinions are most valuable, please participate:
https://bitgesell.ca/download/bglips/bglip1.pdf

we are announcing this publicly too:
https://u.today/bitgesell-bgl-introduces-dynamic-block-size-for-more-efficient-tokenomics

if you want to join the project please participate in BGL GitCoin program https://gitcoin.co/issue/29030,
if you have model proposals for dynamic block size calculation, let's discuss here.

coupable

hero member

Activity: 2338

Merit: 757

Top-tier crypto casino and sportsbook

Quote from: tbct_mt2 on September 13, 2022, 04:43:09 AM

Quote from: EmmaWu on September 13, 2022, 04:08:03 AM

Guys be advised, Crex24 told us that they are going to close the exchange, please withdraw coins from Crex24 exchange

Crex24 exchange is a very old one and they existed in the 2017 bull run. It is sad to see their closing but I think it is reasonable as their trading volume is so low.

Unfortunately, this may not be the main platform for closing. This is a suspicious platform and there is strong evidence and indications that it is linked to the scam casino 1xbit and 1xbet (well known in btt forum) : Crex24.com = 1xBet = 1xBit. Owners of fraudful exchange have been de-anonimyzed
As for withdrawing money from the platform, this is practically not possible now, and if you want to access your account on it, a message will appear that your country is blocked and all your attempts will not work even if you changed your country. On their Twitter account, the representative of the platform will tell you to contact support to obtain an entry link for a short period of time, but so far no one has written that he have succeeded to log in and withdraw his coins .

examplens

legendary

Activity: 3514

Merit: 3585

Crypto Swap Exchange

Quote from: bitbollo on September 14, 2022, 03:33:37 PM

we need another exchange maybe also a well known exchange with good reputation. Likewise a top exchange with a broad user base/broad volume of trading. If we are at this point just with a dex and a couple of small exchange Roll Eyes

Did we have any update on this? We are talking from a while about this necessity but it seems everything the same ... Sad

at least one more exchange is definitely needed. unfortunately, there is not enough trading volume here and that is the most important condition for BGL to be accepted by some exchanges with a good reputation.
I'm not sure how accurate the Pancakeswap data is, but by CMC it is only $4k in the last 24h. it is certainly not interesting in more serious exchanges.

newbtc101

jr. member

Activity: 45

Merit: 17

I am sure that BGL team does not want to waste their efforts during this bearish season and we will hear a lot of good news such as the publication in tier one journal or good exchanges once the trend will turn around Wink

I hope to see BTC will go up before mid term elections (mid October - November) and BGL will likely follow. November is usually a good month for crypto as well.

If not, then I will hodl till next halving. Not a biggie.

In the mean time, I just filled my bag with cheap BGL

Thanks FRC

Topic: [ANN] BITGESELL - Store of value (Burn rate is 90% of tx fees) #realstoreofvalue - page 14. (Read 28273 times)