Topic: [ANN] Crypto Rush - Crypto to Crypto exchange - page 3. (Read 141822 times)

How are my cryptorush shares doing? is it good time to sell or better buy more?

I asked several times in the past if you guys were going to work on repaying the partial loss people had when trying to dump their coins out of the exchange, when it became apparent that the exchange was compromised. People began cross-trading their valuable coins to any means available in order to pull out what value they could--this was also the suggestion of the then owners.

I lost about 13k POT having to dump it through other coins. I know others lost other coins that way.

Or was the only plan to reimburse whole losses? Not that mathematically it's even possible, but it's nice to discuss.

Well clearly the trolls here prefer to run their mouth instead of paying attention to what actually takes place regarding CryptoRush and fund reimbursements. Prove it you say? Sure thing!

For those who haven't been paying attention, I recently took over the audits of CR 1.0 coins. The problem I have been running into, and have posted in several places asking for help, is getting some of the wallets running and synced. If you have a personal wallet for one of the coins which has not been repaid, please feel free to post the wallet version and any addnode lines from your config file. For everyone saying that we have not repaid any coins of value, it is time to quit crying wolf and grow up. After the hacks last year, it was thought that all POT was stolen when in fact we salvaged and repaid almost every single Potcoin that was held on CR 1.0. There are a total of 3.7 million POT on CR 2.0 waiting to be claimed and never have been. At the time of the hack, the approximate value was $66,000 USD.

As I'm sure many have noticed, the site is currently offline. Yes, we are aware. Yes, this is on purpose. Yes, there is A LOT going on in the background which we currently cannot, and will not discuss. I will say that some very exciting things are happening, the likes of which the world has never seen before. Don't believe it? Okay, don't. It will in no way hurt my feelings that the trolls, who love to spread fear from their parent's basement instead of deal with the facts, will continue to run their mouth.  

For those who actually read this forum for real information, stay tuned. Certain things cannot be released at this time, but details will be given as soon as we are in a spot to do so. Remember, the trolls simply spew speculation and have ZERO idea what is really going on. When full details are released, they will become quiet pretty f*&#in' quick  

At least the "announcement" can be read to mean that only the withdrawable pool of funds were available for theft, and that the "solvent" coins are still as "solvent" (or as spent) as they were last week.  There wouldn't have been much to steal if only the insolvent coins were up for grabs.

So much for being re-written from the ground-up for security.  And these are the same people who were mocking the "previous owners" for their security.  I suggest that the "solvent" coins are released and withdrawn as a matter of urgency to avoid any danger of people popping the site security again in future.  Maybe if the site owners did some work instead of socialising on IRC all day, something would get done.

It looks like that. This coming week we will know more about what happened...or so said KingDragon.

More funds stolen?

From IRC #cryptorush:

LATEST NEWS 2-18-15.1945GMT: Someone exploited an ability to gain 2x what they withdrew.  Already patched.  Looking into fund replacement.

What happens next may be along the lines of the following:

Dear customer.

We had just finished our extensive one year search for all of the solvent coins and, having found them all down the back of the sofa, were about to hand them back.  Believe us, they were right here and we were just about to do it.  We didn't cash it all out.  Honest.  We couldn't have done it any earlier because the colour scheme on the website had to be just right.  Any less than the correct colour on the correct pixel would be a disservice to our customers.

We were just about to press the button to release the coins when... Oh no... Someone broke in and stole the lot.  Maybe we should have cashed them all out and paid ourselves after all.  Anyway, here are some pictures of jelly beans by way of compensation.  Feel free to trade them for 0.0001% of their original value.  If cash ever comes in, we will promise to buy up all of the sell orders at a fraction of the price and then pay ourselves the full value.  You have our word on that.

We thank you for your custom, and will think of you while in the Bahamas.

I'm sick of these scammers, unfortunately, there are at every turn ...

God will give them, that their coins with which they fled, need for doctors ... or funeral...

Just like Gox lost millions due to malleability that seemed to only affect them. Broken records spewing bullshit

though i have thousands of coins in cold store offline i did have 5 bitcoins in cryptorush v1 and about 0.2 bitcoins in v2 playing about just for fun.

i did not care much about the value, but what i did care more about was the customer service.... well that lack of.

in the last week there was no news on the twitter, blog, or this forum. there was no news on the site owners personal twitter or the facebook group. so i went to the irc #cryptorush channel to seek information.

what i received as a response was alot of adolescent insults and circle jerking from a few of the admin who instead of answering questions or showing compassion for their lack of security knowledge to protect the site. they decided to prefer to talk about graphics cards and joke around while only stating they will inform people later.

so goodluck getting anything positive out of them.

and i do hope anyone that has made a loss didnt have their whole hoard in cryptorush

its the immaturity of young adults like those guys, who have no financial or formal security knowledge (i suspect the king guy is a script kiddie) which fail at the fundamental first step of no hot wallets, or understanding of the ease of still running instant withdrawals from a separate wallet unattached to the server, that makes me feel that bitcoin is not going to go mainstream while basement dwellers are coding the services.

lets hope the 7-9 exchanges that got hacked simultaneously show the rest of the community, what NOT to do.

Scammer will be scammer. This is just another confirmation ..

+1.  Anyone who put fresh coins in certainly is.  Nobody's that gullible though, right?

There's no mention of that on their Blog, Twitter or OP article in this thread.  Do they know yet?  Do the other 8+ exchanges know either?

LOL .
Honestly .... +1

LATEST NEWS 2-17-15.2200GMT: The site was affected by the massive hacking spree of 9+ exchange this weekend. Will update more soon.    Stolen debts. It's cool.

irc guys ;-) #cryptorush

One of two things is happening here:  Either (1) they have decided that they have milked it for all the fresh cash they are going to get and so now it's time to make a run for the hills, or (2) they have taken it offline for a couple of months to make another "major" change to the colour scheme.

Of course there's the third possibility that the exchange is just down and none of the "staff" have noticed yet.  That would explain why there has been no announcement of this event.

One thing's for absolute sure, which is that no "solvent" coins of any value will ever be handed back to their rightful owners.  They were cashed out and spent long ago.

CR 3.0 will be soon.