Dear All,
We have updates on the situation now I was discussing things with Richie at Bittrex it's a Double Spend Attack at Bittrex and the figure is around 937k NAV's.
42e303a3cd8e06ad3ade5ae361065b521b81eb9473a3aab527a562babd4dd2ce - 937620
gettransaction 42e303a3cd8e06ad3ade5ae361065b521b81eb9473a3aab527a562babd4dd2ce
{
"txid" : "42e303a3cd8e06ad3ade5ae361065b521b81eb9473a3aab527a562babd4dd2ce",
"version" : 1,
"time" : 1405369809,
"locktime" : 0,
"vin" : [
{
"txid" : "afa39d4679bc3df7654e5b7fb0f73d37ad3a8485f290c250ad92161ba56b3f00",
"vout" : 1,
"scriptSig" : {
"asm" : "3044022029a495074d99fb10f4ba448eb238541149e5da77d80941203706f42ed7ab1c74022024b34023de941b172f5ec771a31793b09b4e75d862124ddda5fffe6e2faafb7301 027011aa1863d92522b951658e9a905e4efd8e1e13f4c17a03576a9f87b4d0acb9",
"hex" : "473044022029a495074d99fb10f4ba448eb238541149e5da77d80941203706f42ed7ab1c74022024b34023de941b172f5ec771a31793b09b4e75d862124ddda5fffe6e2faafb730121027011aa1863d92522b951658e9a905e4efd8e1e13f4c17a03576a9f87b4d0acb9"
},
"sequence" : 4294967295
}
],
"vout" : [
{
"value" : 937620.00000000,
"n" : 0,
"scriptPubKey" : {
"asm" : "OP_DUP OP_HASH160 ba6b2af4ea0683a73cb9738d0d3053b0961f8569 OP_EQUALVERIFY OP_CHECKSIG",
"reqSigs" : 1,
"type" : "pubkeyhash",
"addresses" : [
"sbF69QPApvGGsmtM3Mis9NTrHJD9FkZXYH"
]
}
}
],
"amount" : 937620.00000000,
"confirmations" : -1,
"txid" : "42e303a3cd8e06ad3ade5ae361065b521b81eb9473a3aab527a562babd4dd2ce",
"time" : 1405369965,
"timereceived" : 1405369965,
"details" : [
]
}
Information shared by Bittrex , this is not a fork guys but a double-spend attack so to seem , the attacker had created a transaction within a private network and had moved the coins within 6 separately created blocks thus bypassing the 6 confirmations check at Bittrex end and they had allegedly dumped the coins for BTC and withdrawn the same and while the network reaching that block had orphaned it thereby the Bittrex wallet being short of the 937620 coins.
We have further requested information if and how this attacker might have dumped the coins and to what extent and we are to receive information on the same , currently the foundation has decided to hold all releases till this issue is sorted to the dot.
Bittrex is currently requesting us to help them recover 937620 NAV's , which the NavajoCoin foundation is working out strategies on how to overcome this issue and will further share more information related to this matter shortly.
We are currently in discussions with Bittrex in rectifying this situation in the best possible way for all parties , to be sure and to be on the safe side there will be an updated client released in the coming days with a hardfork expected to be completed asap.
It was a great day and would have been all so perfect , sadly guys I'm very sorry to hear about this and to be honest with you did not expect this coming and I'm still with you guys trying to resolve this even at 5 am over my end.
We are working on an updated mandatory client and generating the same amount of coins lost by Bittrex and replacing them the same through this update.
~SoopY~
Core Developer NavajoCoin
NavajoCoin Foundation
ARGHHHHHHHHHHHhhhhhhhh 
LoL .... yeah ...that'll work.
