BTER.com hacked| 7170 BTC stolen | DON'T KEEP YOUR MONEY ON AN EXCHANGE | - page 70.

deisik

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Quote from: redsn0w on February 15, 2015, 10:45:56 AM

Quote from: deisik on February 15, 2015, 10:44:09 AM

Quote from: TookDk on February 15, 2015, 10:42:03 AM

Ofcause you cannot redraw 7000 BTC at once without getting caught, so the 7x1000 BTC will be long time storage (properly many years) and the left overs that is in the mixer will go to one heck of a party.

It is possible to trace the stolen money even through a mixer, provided the mixer owner is willing to cooperate... Cool

Yes it can possible to trace them, but it will also "impossible" to recover it. The transaction is irreversible and the hacker/s is good, very good (much more than bter.com).

If they get the person, the irreversibility of the blockchain will be irrelevant... Cool

redsn0w

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Quote from: deisik on February 15, 2015, 10:44:09 AM

Quote from: TookDk on February 15, 2015, 10:42:03 AM

Ofcause you cannot redraw 7000 BTC at once without getting caught, so the 7x1000 BTC will be long time storage (properly many years) and the left overs that is in the mixer will go to one heck of a party.

It is possible to trace the stolen money even through a mixer, provided the mixer owner is willing to cooperate... Cool

Yes it can possible to trace them, but it will also "impossible" to recover it. The transaction is irreversible and the hacker/s is good, very good (much more than bter.com).

deisik

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Quote from: TookDk on February 15, 2015, 10:42:03 AM

Ofcause you cannot redraw 7000 BTC at once without getting caught, so the 7x1000 BTC will be long time storage (properly many years) and the left overs that is in the mixer will go to one heck of a party.

It is possible to trace the stolen money even through a mixer, provided the mixer owner is willing to cooperate... Cool

deisik

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Quote from: Splatters on February 15, 2015, 10:36:27 AM

Quote from: olcaytu2005 on February 15, 2015, 10:31:46 AM

can blockchain stop all transactions of that address (sent 7160 btc) ?? cant Bter get its btc back?

I dont think...did blockchain stop the transaction of the 19k BTC stolen from bitstamp?

"They" won't stop, by still can help track down the thief. I think main Bitcoin mixers should be given notice of the theft, since in no society theft should be allowed... Cool

TookDk

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It is interesting to see how the thieves have nicely distributed the coins into 7 x 1000 BTC addys, and the left overs has gone into a mixer.
Ofcause you cannot redraw 7000 BTC at once without getting caught, so the 7x1000 BTC will be long time storage (properly many years) and the left overs that is in the mixer will go to one heck of a party.

deisik

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Quote from: Madness on February 15, 2015, 10:30:17 AM

Quote from: deisik on February 15, 2015, 10:21:53 AM

Quote from: Madness on February 15, 2015, 10:12:02 AM

I never heard of this website before to be total honest with you , what are they ? some kinda of Bitcoin exchange website or something ?
If that's the case how come that the Bitcoin price didn't drop , not even a little , it seems stable those last couple of days .

Why should it drop actually? Thousands of bitcoins are frozen right now (and other altcoins as well), the wallet of the thief is "dirty" now, so as soon as he begins spending, he will be traced down (read he won't be able to spen stolen coins any time soon)... Cool

What , they can track him to his home once he start sending Bitcoins ? I guess that Bitcoin isn't that annonymus after all , is it ?

No, it is not anonymous at all. If you need to be really anonymous look toward darkNote... Cool

Quote from: Madness on February 15, 2015, 10:12:02 AM

Personally I don't buy it anyway , I mean any exchanger can simply take time developping a website , run it for couple of years , get trust of people then simply and at the end of the day , he make an HTML page that says "oh we got hacked , bye bye" . I mean ... It could simply be an inside job and no one will know anything about it at all.

Bter had been hacked before (some NXT coins were stolen) and they didn't close. Thus it now appears that they were actually hacked... Roll Eyes

cazkooo

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Quote from: olcaytu2005 on February 15, 2015, 10:31:46 AM

can blockchain stop all transactions of that address (sent 7160 btc) ?? cant Bter get its btc back?

they cant, because thats what they call as decentralized, and no one controls that, well if im wrong , feel free to correct me, since i am fairly new in bitcoins

Splatters

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Quote from: olcaytu2005 on February 15, 2015, 10:31:46 AM

can blockchain stop all transactions of that address (sent 7160 btc) ?? cant Bter get its btc back?

I dont think...did blockchain stop the transaction of the 19k BTC stolen from bitstamp?

olcaytu2005

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can blockchain stop all transactions of that address (sent 7160 btc) ?? cant Bter get its btc back?

dbshck

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Quote from: deisik on February 15, 2015, 10:13:52 AM

Quote from: dbshck on February 15, 2015, 10:09:27 AM

Can someone explain how is it possible to hack cold wallet? I thought cold wallet means offline and secure Undecided

Two days ago I had been trying to withdraw about 1.7 BTC from Bter and had to wait for almost two hours for the exchange to finally process my withdrawal (yeah, writing on the wall). As I got it, they were gutting their cold wallet... Cool

Well then I think that wallet isn't that "cold".

Madness

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Quote from: deisik on February 15, 2015, 10:21:53 AM

Quote from: Madness on February 15, 2015, 10:12:02 AM

I never heard of this website before to be total honest with you , what are they ? some kinda of Bitcoin exchange website or something ?
If that's the case how come that the Bitcoin price didn't drop , not even a little , it seems stable those last couple of days .

Why should it drop actually? Thousands of bitcoins are frozen right now (and other altcoins as well), the wallet of the thief is "dirty" now, so as soon as he begins spending, he will be traced down (read he won't be able to spen stolen coins any time soon)... Cool

What , they can track him to his home once he start sending Bitcoins ? I guess that Bitcoin isn't that annonymus after all , is it ?
Personally I don't buy it anyway , I mean any exchanger can simply take time developping a website , run it for couple of years , get trust of people then simply and at the end of the day , he make an HTML page that says "oh we got hacked , bye bye" . I mean ... It could simply be an inside job and no one will know anything about it at all.

~ Madness

TookDk

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Quote from: Hyena on February 15, 2015, 10:28:12 AM

The big question now is whether they got their altcoins stolen too or not. Most of my funds were in NuShares and I only had like 6 bitcoins in bter. Did the thief also steal altcoins? Will customers get their altcoins back intact?

I assume the intruders got root access, I do not see how else they could get 5 different private keys at the same time.

cazkooo

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Quote from: redsn0w on February 15, 2015, 10:26:15 AM

Quote from: TookDk on February 15, 2015, 10:20:24 AM

Quote from: Splatters on February 15, 2015, 10:09:55 AM

--snip
some exchanger have lost more than 7k btc, and none of their customers have lost anything.
--snip

Which exchange was that?

I think he meant bitStamp, but maybe I'm wrong. However , this is a really bad situation. Why do the exchanges not use the multiSig function ?

7k? isnt that one of the china exchanger?

how do someone chase that coin back? even if we trace it back, we cant do anything , only the one with the private key will be able to get into the wallet isnt it?

Hyena

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The big question now is whether they got their altcoins stolen too or not. Most of my funds were in NuShares and I only had like 6 bitcoins in bter. Did the thief also steal altcoins? Will customers get their altcoins back intact?

TookDk

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Like I posted in another thread, at least 5 private keys was compromised from so called "cold storage".
When you trace back, these "cold" addys, they where clearly not cold at all, they had 7K in their hot wallet!

A first year grad student in Information Security can do better than that.
At least bitstamp did not have all the freaking coins in their hot wallet.

redsn0w

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#Free market

Quote from: TookDk on February 15, 2015, 10:20:24 AM

Quote from: Splatters on February 15, 2015, 10:09:55 AM

--snip
some exchanger have lost more than 7k btc, and none of their customers have lost anything.
--snip

Which exchange was that?

I think he meant bitStamp, but maybe I'm wrong. However , this is a really bad situation. Why do the exchanges not use the multiSig function ?

Hyena

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What if the thief destroys the stolen coins? Would it be better or worse than keeping them for the later use?

Aridroid13

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This is bad news for my deposit 0.00753 now see what happens Huh

deeprocks

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Oh I lost my BTC Sad

Anyway to get them back?

deisik

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Quote from: Madness on February 15, 2015, 10:12:02 AM

I never heard of this website before to be total honest with you , what are they ? some kinda of Bitcoin exchange website or something ?
If that's the case how come that the Bitcoin price didn't drop , not even a little , it seems stable those last couple of days .

Why should it drop actually? Thousands of bitcoins are frozen right now (and other altcoins as well), the wallet of the thief is "dirty" now, so as soon as he begins spending, he will be tracked down pretty easily (read he won't be able to spend the stolen coins any time soon, if ever)... Cool

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