Bitfinex HACKED - funds stolen ! - page 25.

Hide_ip112

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Quote from: dwdoc on August 04, 2016, 08:28:17 AM

Bitfinex should negotiate with hacker. Offer $10 million to return the stolen bitcoins and drop investigation.

Yeah, this could be done. However I think hackers will not accept the offer, because they prefer to earn much money instead of having to return all funds they have get and given only a small portion of the money to them. But it also depends on how bitfinex the hacker in the negotiation to seduce, hopefully this issue was quickly completed and running as before

dwdoc

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- - -Caveat Aleo- - -

Bitfinex should negotiate with hacker. Offer $10 million to return the stolen bitcoins and drop investigation.

TastyChillySauce00

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Quote from: Megaquake on August 04, 2016, 06:21:10 AM

Quote from: Ardenyham on August 04, 2016, 05:56:10 AM

Quote from: zsobro on August 04, 2016, 01:37:00 AM

they are hacked by themself Grin

what proof do you have? are you a staff member of that exchange?

Quote from: Cryptonitex on August 04, 2016, 01:42:44 AM

If you're stupid enough to keep your coins on an illegal exchange, then you deserve to have your coin's stolen. This was probably a good thing.

No this is not. people who lost money is a another thing. but you should not forget that this is effecting bitcoin price so badly. so anyone who stored their coins in the exchange lost money and anyone who have bitcoin are also being in lost some how because of the price drops.

I found some Interesting facts want to share here:

a newbie user giving away 1000 bitcoins for free here:
https://bitcointalksearch.org/topic/1000-btc-giveaway-from-your-friend-rekcahxfb-1574127

just read the OP's name and make it upside down.. You'll see the name will show like this: Bfxhacker = Bitfinex Hacker does this mean the hacker stolen all money and giving them away or he may belong to the hacker team somehow..

the balance of that user's wallet are from 2013, this thing make me confused.

Caused mass new account creation!

well bitfinex hacking just happen recently and if the hacker were keeping the bitcoin on the bitfinex's cold storage address which was made 3 years ago and don't move it, it's just seems impossible because bitfinex must have the privkey backup,so it's mean no evidence uptill now that the funds is owned by bitfinex orignally

Megaquake

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Quote from: Ardenyham on August 04, 2016, 05:56:10 AM

Quote from: zsobro on August 04, 2016, 01:37:00 AM

they are hacked by themself Grin

what proof do you have? are you a staff member of that exchange?

Quote from: Cryptonitex on August 04, 2016, 01:42:44 AM

If you're stupid enough to keep your coins on an illegal exchange, then you deserve to have your coin's stolen. This was probably a good thing.

No this is not. people who lost money is a another thing. but you should not forget that this is effecting bitcoin price so badly. so anyone who stored their coins in the exchange lost money and anyone who have bitcoin are also being in lost some how because of the price drops.

I found some Interesting facts want to share here:

a newbie user giving away 1000 bitcoins for free here:
https://bitcointalksearch.org/topic/1000-btc-giveaway-from-your-friend-rekcahxfb-1574127

just read the OP's name and make it upside down.. You'll see the name will show like this: Bfxhacker = Bitfinex Hacker does this mean the hacker stolen all money and giving them away or he may belong to the hacker team somehow..

the balance of that user's wallet are from 2013, this thing make me confused.

Caused mass new account creation!

Ardenyham

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Quote from: zsobro on August 04, 2016, 01:37:00 AM

they are hacked by themself Grin

what proof do you have? are you a staff member of that exchange?

Quote from: Cryptonitex on August 04, 2016, 01:42:44 AM

If you're stupid enough to keep your coins on an illegal exchange, then you deserve to have your coin's stolen. This was probably a good thing.

No this is not. people who lost money is a another thing. but you should not forget that this is effecting bitcoin price so badly. so anyone who stored their coins in the exchange lost money and anyone who have bitcoin are also being in lost some how because of the price drops.

I found some Interesting facts want to share here:

a newbie user giving away 1000 bitcoins for free here:
https://bitcointalksearch.org/topic/1000-btc-giveaway-from-your-friend-rekcahxfb-1574127

just read the OP's name and make it upside down.. You'll see the name will show like this: Bfxhacker = Bitfinex Hacker does this mean the hacker stolen all money and giving them away or he may belong to the hacker team somehow..

the balance of that user's wallet are from 2013, this thing make me confused.

TGD

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Quote from: StoreBit on August 04, 2016, 04:26:22 AM

yes some thing must be wrong there, there funds must be stolen and they will be trying how to recover it, and that is the reason that it has a bad effect on all the other exchanges, bitcoin is also influenced by bitfinex, but hope that the price of bitcoin will recover very soon, and hope that this time the price of bitcoin will even cross its previous position.

Every time that had bad happen bitcoin the price of it going down how I wish that all the lost of bitfinex will recover as soon as possible. But it will hard to do it, it will not be easy to recover back again. What was happen to bitfinex will get bad effect in any exchanger.

cryptasm

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Had 100k+ on Bitfinex, margin funding Usd@ 0.03 auto renewal 2 days.
Does anyone know @ how much margin funding was when it shut down?

sana54210

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Quote from: shield132 on August 03, 2016, 06:32:56 AM

This is very bad what's happening today, bitcoin price drops down.

Bitcoin is very good for trading but as you see, it's distinguish feature from other type of currencies is that it's anonym and hard to find sender and reciever's identify. It's both very good and very bad property of bitcoin. The person who has much bitcoin and is mining it's half or over, can control it's price but I hope bitcoin's price will go higher in one month.

I'm interested if the hacker would actually want to reveal himself and have to accept that offer. That'd be a risky move for him. But for the sake of restoring faith on bitcoin exchanges, he must either surrender or be caught by police. We should not give room for people loosing their faith.

arseaboy

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Quote from: Capradina on August 04, 2016, 04:28:44 AM

Quote from: StoreBit on August 04, 2016, 04:26:22 AM

yes some thing must be wrong there, there funds must be stolen and they will be trying how to recover it, and that is the reason that it has a bad effect on all the other exchanges, bitcoin is also influenced by bitfinex, but hope that the price of bitcoin will recover very soon, and hope that this time the price of bitcoin will even cross its previous position.

I think this may be influencing the price of the bitcoin. But this will not last long, because that affects the price of the bitcoin is actually of requests market and also mines. I think it is indeed a bitfinex should be held accountable and restore all the missing funds because of that event, because bitfinex does not do a good enough safeguards to keep all BTC that they hold

yup bitfinex is accountable with the lost and i just hope they can settle it right away bitcoin price has been shaken by that hack and insuring those client might results to a positive feedback, in terms of bitcoin the price will bounce back for sure as we know how bitcoin work for us, if not maybe many of us right now is moving away already.

Capradina

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Quote from: StoreBit on August 04, 2016, 04:26:22 AM

yes some thing must be wrong there, there funds must be stolen and they will be trying how to recover it, and that is the reason that it has a bad effect on all the other exchanges, bitcoin is also influenced by bitfinex, but hope that the price of bitcoin will recover very soon, and hope that this time the price of bitcoin will even cross its previous position.

I think this may be influencing the price of the bitcoin. But this will not last long, because that affects the price of the bitcoin is actually of requests market and also mines. I think it is indeed a bitfinex should be held accountable and restore all the missing funds because of that event, because bitfinex does not do a good enough safeguards to keep all BTC that they hold

StoreBit

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yes some thing must be wrong there, there funds must be stolen and they will be trying how to recover it, and that is the reason that it has a bad effect on all the other exchanges, bitcoin is also influenced by bitfinex, but hope that the price of bitcoin will recover very soon, and hope that this time the price of bitcoin will even cross its previous position.

doc12

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Quote from: Xester on August 04, 2016, 03:52:54 AM

Quote from: dinofelis on August 04, 2016, 01:15:41 AM

Quote from: mayax on August 02, 2016, 04:30:31 PM

This illegal exchanger (https://www.bitfinex.com/) is hacked. 120K BTC was stolen(aprox 60 mil USD) !

http://www.coindesk.com/bitfinex-shuts-down-customer-bitcoin-stolen/

It's so funny when they write "The theft is being reported to — and we are co-operating with — law enforcement." What law enforcement when YOU are running an illegal forex company(without licenses) ?!?! Grin

They are liars and morons and full of vanity(they know everything, they are beyond any problem, they are GODS)...This vanity brought down almost all the exchangers.

The most funny part is of course that, in as much as this was a real hack, and not an inside job, it was compliance with the law that rendered bitfinex vulnerable. Remember that the CFTC inflicted a fine onto bitfinex because they kept their customers' coins in cold wallets, which, according to the CFTC, was violating one or other stupid rule concerning the customer having power over their funds, so bitfinex was forced to keep everything in hot wallets, and implemented hence this multisig feature which was apparently abused.

We see again the efficiency of state and law in screwing up working systems they don't like.

There are always up and down in the bitcoin market and lets just accept the fact that we can never bring back the lost bitcoin from bitfinex. Thats why there is a need for the government to take part and regulate bitcoins which means that all users will have a one wallet that is verified and no one can make transactions without being registered while blocking all unregistered wallets online.

What a genius idea. The government should also keep a copy of each private key, just in case someone loses his key. Oh and why not pass this responsible task to a central bank, they know how to deal with money best from long years experience. Tongue

Maybe Fiat is a better deal for you ?

1Referee

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Quote from: ImHash on August 03, 2016, 08:51:46 PM

inside job.
inside job.
inside job.
when they see lots of coins sitting around of course they grab them all and run.
you throw a piece of juicy meat in front of a cat a hungry one and expect the cat not to jump on it, nature is nature man.

It's easy money, and probably even $1 million worth of coins is already more than they will ever see in their life. So yes, they'll just take it to "secure" their future. Because after 4 or 5 years people will slowly forget about it and they can slowly start spending or converting the coins after having mixed them for years.

Jating

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Quote from: ajaxmoor on August 04, 2016, 02:51:35 AM

Quote from: Cryptonitex on August 04, 2016, 01:42:44 AM

If you're stupid enough to keep your coins on an illegal exchange, then you deserve to have your coin's stolen. This was probably a good thing.

I don't think when people who leave 120K on an exchange like bitfinex are stupid and not smarter than any of us. There are always reasons people have money on them, so actively trade or trade against new players who might have been more active on those exchanges. Some do not follow social media or forums religiously and aren't aware of the hacks and scams that have happened in the past.

120 k is a large amount of money. I think they should put the money in a cold wallet so it is not easy to access.

Snorek

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Quote from: BTC786 on August 03, 2016, 06:16:25 AM

Quote from: fenican on August 03, 2016, 06:14:28 AM

It's been said a lot but probably not enough -

NEVER KEEP ANY SIGNIFICANT AMOUNT OF BTC AT AN EXCHANGE

Now it seems to be NO Exchanges can trust

No, no of course they are still exchanges that are solid. With long history or clear origin, solid background and well crafted script and security (Kraken, Coinbase).
But - usually the more secured is exchange the more KYC/AML info they want from their customers (Gemini). So It is a trade-off between being safe and giving up your pseudoanonimity...

Xester

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Quote from: dinofelis on August 04, 2016, 01:15:41 AM

Quote from: mayax on August 02, 2016, 04:30:31 PM

This illegal exchanger (https://www.bitfinex.com/) is hacked. 120K BTC was stolen(aprox 60 mil USD) !

http://www.coindesk.com/bitfinex-shuts-down-customer-bitcoin-stolen/

It's so funny when they write "The theft is being reported to — and we are co-operating with — law enforcement." What law enforcement when YOU are running an illegal forex company(without licenses) ?!?! Grin

They are liars and morons and full of vanity(they know everything, they are beyond any problem, they are GODS)...This vanity brought down almost all the exchangers.

The most funny part is of course that, in as much as this was a real hack, and not an inside job, it was compliance with the law that rendered bitfinex vulnerable. Remember that the CFTC inflicted a fine onto bitfinex because they kept their customers' coins in cold wallets, which, according to the CFTC, was violating one or other stupid rule concerning the customer having power over their funds, so bitfinex was forced to keep everything in hot wallets, and implemented hence this multisig feature which was apparently abused.

We see again the efficiency of state and law in screwing up working systems they don't like.

There are always up and down in the bitcoin market and lets just accept the fact that we can never bring back the lost bitcoin from bitfinex. Thats why there is a need for the government to take part and regulate bitcoins which means that all users will have a one wallet that is verified and no one can make transactions without being registered while blocking all unregistered wallets online.

ajaxmoor

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Quote from: Cryptonitex on August 04, 2016, 01:42:44 AM

If you're stupid enough to keep your coins on an illegal exchange, then you deserve to have your coin's stolen. This was probably a good thing.

I don't think when people who leave 120K on an exchange like bitfinex are stupid and not smarter than any of us. There are always reasons people have money on them, so actively trade or trade against new players who might have been more active on those exchanges. Some do not follow social media or forums religiously and aren't aware of the hacks and scams that have happened in the past.

Cryptonitex

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If you're stupid enough to keep your coins on an illegal exchange, then you deserve to have your coin's stolen. This was probably a good thing.

zsobro

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they are hacked by themself Grin

Herbert2020

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Quote from: dinofelis on August 04, 2016, 01:15:41 AM

The most funny part is of course that, in as much as this was a real hack, and not an inside job, it was compliance with the law that rendered bitfinex vulnerable. Remember that the CFTC inflicted a fine onto bitfinex because they kept their customers' coins in cold wallets, which, according to the CFTC, was violating one or other stupid rule concerning the customer having power over their funds, so bitfinex was forced to keep everything in hot wallets, and implemented hence this multisig feature which was apparently abused.

We see again the efficiency of state and law in screwing up working systems they don't like.

interesting. i did not know this.
all day yesterday i was wondering why the hell a big exchange like bitfinex is holding this much bitcoin in a hot wallet, granted this was multisig wallet but still it sounds like a stupid idea to keep that much there.

for the reference:
http://www.cftc.gov/PressRoom/PressReleases/pr7380-16

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