half on SR the other half on the armoury...
Scarface...
Topic: Bitcoinica lost 43,554 BTC from Linode compromise, suspicious TXIDs publicized - page 5. (Read 56430 times)
March 02, 2012, 12:42:11 AM
March 02, 2012, 12:40:38 AM
This is quite insane, this thief is probably follow these threads thats why he started to dump as quickly as possible now.
I still dont see the current dumping as just a phase, its way to linear.
I still dont see the current dumping as just a phase, its way to linear.
+1
March 02, 2012, 12:34:55 AM
Can we not follow these coins?
If i was the thief, I would deposit onto silk road and just withdraw into another wallet...there is your free coin mixer...
If i was the thief, I would deposit onto silk road and just withdraw into another wallet...there is your free coin mixer...
March 02, 2012, 12:16:55 AM
Let just hope you don't store 40K bitcoin of your customer's money on your red hot wallet next time.
It's not customers' money anymore, but his loss. There's plenty of blame to go around (starting with Linode), but I have enough confidence that zhou can eat the loss, and then make it back.
March 02, 2012, 12:16:09 AM
Zhou, talk to Mark at mtgox. i bet there's something he can do to intercept at least some of these coins as the thief tries to cash out on mtgox.
Mt.gox response so far: https://bitcointalksearch.org/topic/m.778811 March 02, 2012, 12:13:39 AM
We are developing a customized Bitcoin client for sever use, with hard-coded security designed specifically for web apps.
That's what I'm talking about! Fighting back like Rockie already.
March 02, 2012, 12:10:33 AM
Let just hope you don't store 40K bitcoin of your customer's money on your red hot wallet next time.
We are developing a customized Bitcoin client for sever use, with hard-coded security designed specifically for web apps.
March 02, 2012, 12:09:10 AM
This is quite insane, this thief is probably follow these threads thats why he started to dump as quickly as possible now.
I still dont see the current dumping as just a phase, its way to linear.
I still dont see the current dumping as just a phase, its way to linear.
March 02, 2012, 12:08:31 AM
Keeping this many BTC in a "hot" wallet is just nutty. I wonder if MtGox keeps that qty online? If the transfer volume really requires so much instantly available then I'd be looking at ways to use offline wallets and cron based transfers to move money between them as needed. Bitcoin has a lot of flexibility in how transactions are created and posted or batched so I think it would be wise for any business doing high volume transfers to seriously look at ways to keep account depth highly controlled.
Your ability to bounce back despite how hard hit is pretty astounding. Profits must be very worthwhile!
Your ability to bounce back despite how hard hit is pretty astounding. Profits must be very worthwhile!
March 02, 2012, 12:06:16 AM
Let just hope you don't store 40K bitcoin of your customer's money on your red hot wallet next time.
March 02, 2012, 12:04:58 AM
i would hold off on the congrats to Zhou until he actually delivers the coins. that is a lot to deliver.
We are not discontinuing the service. Trading, deposits and withdrawals will all go back to normal in a few hours (once our new Bitcoin server has caught up with the current block).
We are honoring every single withdrawal request, large or small. No account had any balance deductions resulted from this incident.
glad to hear you reiterate this.
March 02, 2012, 12:04:07 AM
i would hold off on the congrats to Zhou until he actually delivers the coins. that is a lot to deliver.
We are not discontinuing the service. Trading, deposits and withdrawals will all go back to normal in a few hours (once our new Bitcoin server has caught up with the current block).
We are honoring every single withdrawal request, large or small. No account had any balance deductions resulted from this incident.
March 02, 2012, 12:02:05 AM
bananas
B-A-N-A-N-A-S
3k was one thing, but 44k? damn
B-A-N-A-N-A-S
3k was one thing, but 44k? damn
March 02, 2012, 12:01:53 AM
Maybe the attacker will pull an "Omar" and sell the coins back to him for 40 cents on the dollar. 
March 02, 2012, 12:00:37 AM
i would hold off on the congrats to Zhou until he actually delivers the coins. that is a lot to deliver.
March 01, 2012, 11:59:24 PM
and its still dumping, will probably create a false panic selloff.
March 01, 2012, 11:52:09 PM
Nothing is "uncrackable" given the amount of time.
If you don't remember your password, it's as good as lost(Unless you found a way to crack them in a reasonable amount of time). There's a tradeoff between convenience and security.
March 01, 2012, 11:51:07 PM
Watch MTGOX, Im telling you someone is dumping these coins right now.
The limit for withdrawal is 10K USD for verified account, and he would need to pass fake information to MtGox's money laundering office. So the thief would need to create multiple accounts, multiple identity or compromise several mtgox accounts.
If Mark isnt aware of watching for this, he might just let this guy withdraw all the funds over a few days, Im not sure what the endgame is however some individual(yes it was way to coordinated, watch the graphs) solely dumped just over 20k BTC allready.
The thinking is as someone told me on another thread is these thief(s) steal Bitcoin and spend bitcoin at silkroad etc., etc., which seems totally stupid to me then again I'm not a thief. What again happened the allinvain person again - did that thief cash out the BTC at the $10,000 a mo. @ Mt.Gox ?
March 01, 2012, 11:50:41 PM
and again +200k to the op for being a man and taking care of this in a responsible way, im just trying to bring awareness on how we can secure bitcoin for the future. I have only like 80 bitcoins in my wallet right now but you can damn well better believe it is in encrypted with a completely uncrackable password.
Nothing is "uncrackable" given the amount of time.
March 01, 2012, 11:50:15 PM
Watch MTGOX, Im telling you someone is dumping these coins right now.
The limit for withdrawal is 10K USD for verified account, and he would need to pass fake information to MtGox's money laundering office. So the thief would need to create multiple accounts, multiple identity or compromise several mtgox accounts.
If Mark isnt aware of watching for this, he might just let this guy withdraw all the funds over a few days, Im not sure what the endgame is however some individual(yes it was way to coordinated, watch the graphs) solely dumped just over 20k BTC allready.
The thinking is as someone told me on another thread is these thief(s) steal Bitcoin and spend bitcoin at silkroad etc., etc., which seems totally stupid to me then again I'm not a thief. What again happened the allinvain person again - did that thief cash out the BTC at the $10,000 a mo. @ Mt.Gox ?
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