Topic: Another exchange goes bust. Bitcurrex loses ~2300 BTC - page 3. (Read 3072 times)
you just gave me shock yea a huge shock because I had invested $120 in trading site but it's my biggest fear now I am thinking to get back my money in my wallet. already i had suffered losses in hashocean and I can't afford to loss again. and if i loss this amount then my business life will end here itself.
This is very disappointing to hear that another crypto exchange is out of business. They should have a good security in place. Even with good security, I believe that all exchanges should warn their users not to store large amount of coins if they are not planning to trade it soon. This may sound silly, but in situations like this, it can decrease the amount of coins stolen by hackers.
Man be smart please, there is no hack at all, the story is told by the site, who knows?
Haker=Admin
This is very disappointing to hear that another crypto exchange is out of business. They should have a good security in place. Even with good security, I believe that all exchanges should warn their users not to store large amount of coins if they are not planning to trade it soon. This may sound silly, but in situations like this, it can decrease the amount of coins stolen by hackers.
I am not surpirsed and I am afraid that more "hacks" like this will follow soon,people need to learn from previous mistakes and start realizing before it's too late that keeping their Bitcoins in centralized exchanges and online wallets is very risky.
Any predictions on who's next?
Any predictions on who's next?
yes never put btc in any centralized ecchanges and online wallet or any famouse man acting as escrow
any thing will change , when the money becomes a lot
so girlbtc's slogan is " play with you solely controlled address, never put your money outside for any reason. withdraw it whenever it is possible. " and now the decentralized gamble solution is that important to btc gamble system.
Sad to have to read this type of news again. I just don't know why people keep using these new exchanges and store a lot of coins on them.
The big established exchanges are nowadays putting a lot of effort into security and are more likely to have some reimbursement plan instead of folding to the loss.
The theft still sounds quite small to me though, could've been much worse from what we have seen lately.
The big established exchanges are nowadays putting a lot of effort into security and are more likely to have some reimbursement plan instead of folding to the loss.
The theft still sounds quite small to me though, could've been much worse from what we have seen lately.
they seemed to be a not so popular exchange service that is why the alleged hack is also small. besides it is 1,560,000 USD which is not really small on its own if you are not comparing it.
and from what I have read it sounds more like an exploit in their weak system which was not like any other hack that has happened so far but we may never know the real thing behind it like any other hack before it.
Sad to have to read this type of news again. I just don't know why people keep using these new exchanges and store a lot of coins on them.
The big established exchanges are nowadays putting a lot of effort into security and are more likely to have some reimbursement plan instead of folding to the loss.
The theft still sounds quite small to me though, could've been much worse from what we have seen lately.
The big established exchanges are nowadays putting a lot of effort into security and are more likely to have some reimbursement plan instead of folding to the loss.
The theft still sounds quite small to me though, could've been much worse from what we have seen lately.
exchange is very dangerous to leave your money in it.
when you are hacked you will lose all your money
and difficult to get your money back.
" World there are many scam scenarios " - be wise with your money !!!
when you are hacked you will lose all your money
and difficult to get your money back.
" World there are many scam scenarios " - be wise with your money !!!
It is good advice that we should be wise with our money. Nowadays people are eagerly waiting for the opportunities to become rich in super fast ways so can't believe anyone in this world when money is involved. So it is always good to secure your money by yourself than depending on others.
Scams are everywhere all over the globe either offline or online, because people do easily tempted with money especially on huge amounts already thats why they would make anything even if its illegal in able to get those money and dont mind what would be the effects as long they have it. You are right we must be wise on our money and we should secure it and be aware on the possible scenarios might happen on the long run like on exchange hacks.
exchange is very dangerous to leave your money in it.
when you are hacked you will lose all your money
and difficult to get your money back.
" World there are many scam scenarios " - be wise with your money !!!
when you are hacked you will lose all your money
and difficult to get your money back.
" World there are many scam scenarios " - be wise with your money !!!
It is good advice that we should be wise with our money. Nowadays people are eagerly waiting for the opportunities to become rich in super fast ways so can't believe anyone in this world when money is involved. So it is always good to secure your money by yourself than depending on others.
It is time for decentralized exchanges to take the forefront..... the whole exchange scam has become such a load of rubbish.
people just keep saying this but where are these decentralized exchanges?
are any of them even good and have the same trade volume?
and most important question: can traders get the same functionality they get from the current exchanges or is it at a compromise?
i keep seeing this but when i check the projects i see nobody is using them!
Jeez, i dont really like this kind of exchange hack incident because i do really afraid to dump again on bitcoin price. lol. I do heard for the first time of this exchange which is suppose this is a local exchange for sure because its not a reputable one . Hope this hacking incident wont really affect soo much 2.3k btc is small though but still a million dollar amount. Thats why i never leave big amounts on exchanges.
exchange is very dangerous to leave your money in it.
when you are hacked you will lose all your money
and difficult to get your money back.
" World there are many scam scenarios " - be wise with your money !!!
when you are hacked you will lose all your money
and difficult to get your money back.
" World there are many scam scenarios " - be wise with your money !!!
it seems like every exchange service is starting to realize "getting hacked" is more profitable for them than running a legit exchange service. i mean look at bitfinex they were earning what only fees and other profit but after they hack they are richer by 120,000 bitcoin 
Ikr, and the thing is they got hacked not once but twice and yet people are still using their services
I mean it's not possible to be 100% certain they did it but surely after the first hack, people would be less trusting right?? ok fine forget and forgive.. but then a second hack and people are still happy to trust them with their money ?? Imagine they really did it, it's like sitting on a gold mine 
Well another one bites the dust. Is anyone actually surprised any more? These Bitcoin exchanges are lining their own pockets with customers' money and then blaming a fake security breach to cover their butts.
101 Bitcoin Funds Embezzling 2016 Edition
101 Bitcoin Funds Embezzling 2016 Edition
It is time for decentralized exchanges to take the forefront..... the whole exchange scam has become such a load of rubbish.
Not enough demand in the decentralized exchange site are made the people are not interested with it, they just think about how to gain money and money not careful about the security of the system, please correct me if I'm wrong. 
One more exchange goes away. To be honest I didn't hear about this exchange site, this is my first time to hear they exists and in same moment I found out they lost all the coins they had.
Bad luck, damage on their servers, hack or what ever it is (literally can be anything) 2300 btc is big amount to be lost. Well this becomes usual practice, from time to time we see some exchange site goes down. I hope this will not stop this nice increase that bitcoin achieved in last couple days.
Bad luck, damage on their servers, hack or what ever it is (literally can be anything) 2300 btc is big amount to be lost. Well this becomes usual practice, from time to time we see some exchange site goes down. I hope this will not stop this nice increase that bitcoin achieved in last couple days.
I am not surprised and I am afraid that more "hacks" like this will follow soon, people need to learn from previous mistakes and start realizing before it's too late that keeping their Bitcoins in centralized exchanges and online wallets is very risky.
Any predictions on who's next?
Any predictions on who's next?
Never used them and i think 2300 btc is quite heavy amount so chances of this being inside job of the exchanger employ or the owner is also quite likely. We need decentralized exchange as soon as possible, what bitsquare is doing right now? Can they be considered as decentralized exchanger?
it seems like every exchange service is starting to realize "getting hacked" is more profitable for them than running a legit exchange service. i mean look at bitfinex they were earning what only fees and other profit but after they hack they are richer by 120,000 bitcoin
because there is no alternative for trading!
~Why does anyone ever use or trust a Bitcoin exchange now? ~
because there is no alternative for trading!
This is sad news indeed. What happens to investors bitcoins,they shall be refunded? They say damage to IT systems,not hack/theft...So, they are resposible and would pay the investor? Something fishy here,while bitcoin price is surging....
It is time for decentralized exchanges to take the forefront..... the whole exchange scam has become such a load of rubbish.
Jump to: