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Topic: BIPS Wallet security breach - page 7. (Read 11504 times)

newbie
Activity: 42
Merit: 0
November 21, 2013, 12:36:00 PM
#8
unbelievably frustrating....  I didn't own a lot of coins but the ones I purchased I paid less than $100 each for.  I wonder if there is a special risk insurance company out there that would write a policy to protect companies like this.
newbie
Activity: 9
Merit: 0
November 21, 2013, 04:25:08 AM
#7
It would appear BIPS has lost most or all the bitcoins that were held in its consumer wallets, among them some of mine.

https://bitcointalksearch.org/topic/m.3645043

There seems to be a conspiracy of silence around this. 
And now they have put the payments part of the site back up, without any announcement - do they plan to try and pretend that nothing has happened?

Strange as BIPS is shown on the original bitcoin.org page as a ‘recommended’ web wallet. 


Why are they still shown on bitcoin.org as a 'recommended' web wallet?
newbie
Activity: 42
Merit: 0
November 21, 2013, 04:03:58 AM
#6
Thanks, Now I'll go to sleep with my fingers crossed hoping my coins are not lost or stolen...
newbie
Activity: 42
Merit: 0
November 21, 2013, 03:45:48 AM
#5
To think I moved them only days prior from MTGox...  Is there a recommended wallet service to use?  I know large amounts should be kept in cold storage.  Is the wallet service from blockchain a good one to store a small amount of coin?
member
Activity: 84
Merit: 10
November 21, 2013, 03:12:41 AM
#4
Ouch! terrible to see that. Secure your bitcoins!
newbie
Activity: 42
Merit: 0
November 21, 2013, 03:02:31 AM
#3
I'd like to believe that isn't the case.  I'll keep the thread up to date if/ when I hear from BIPS service
full member
Activity: 238
Merit: 100
November 21, 2013, 02:37:58 AM
#2
so BIPS has been TradeFortress'd?
newbie
Activity: 42
Merit: 0
November 21, 2013, 01:57:23 AM
#1
"To protect the successful merchant processing business BIPS has decided to temporarily close down its consumer wallet initiative."

Concerned


"BIPS has been a target of a coordinated attack and subsequent security breached. Several consumer wallets have been compromised and BIPS will be contacting the affected users."

When?

"All existing users will be asked to transfer bitcoins to other wallet solutions, and users affected by the security breach will be contacted."

How?

I among other have emailed support(at)bips(dot)me and as far as I can tell no one has heard back..  some additional communication would be fantastic.
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