Topic: CoinMarket.io | New, self-moderated support and news thread. - page 68. (Read 211707 times)

everything will be fine if there will be any communication between coinmarket.io and users - but owner of coinmarket dont have time to post one time a day what is happening,

so u guys think this really cost much time to write a few word ?

i send to coinmarket ~~1 btc while site isnt working because of my mistake, and it was after someone steal coins from them so my btc should be safe - or they give it to someone else - then this is a criminal

http://www.dinkypage.com/1251626

[12:02:37] Kenneth B: You there?

[12:07:25] Kenneth B: Im stuck in an impossible situation here, and no statement from coinmarket io towards the community
[12:12:29] xxxx xxxxxx: creating the list of manually pushed withdrawals Right Now
[12:13:09] xxxx xxxxxx: What happened with your skype name?
[12:16:52] xxxx xxxxxx: i got thr automatic withdraw fixer ready
[12:17:33] xxxx xxxxxx: (for altcoins)
[12:22:37] Kenneth B: what about communicating with your users? i cant take this anymore, nothing stopped and im getting a lot of pressure on releasing informatiion about this.
[12:48:55] Kenneth B: what do you intend to do about this situation?
[13:08:32] xxxx xxxxxx: i intend to push A LOT of withdrawals and announce the situation, any suggestions?
[13:15:18] xxxx xxxxxx: It just took some time to figure out how to process withdrawals that threw a "transactiom too large" error
[13:23:19] Kenneth B: You need to clarify to your users that i'm not the website owner, but the hoster of your website.
[13:25:37] Kenneth B: You need to establish some form of two way communication with your users.
[13:31:14] Kenneth B: Me and my family is still getting threats and accusations thrown at us for this, we are afraid and mentally exhausted.
[13:54:03] Kenneth B: I do not want to put anyone else through this hellstorm we have been experiencing this last week. A statement need to come out asap, today.
[13:56:09] xxxx xxxxxx: Im preparing and formatting the text
[13:56:45] xxxx xxxxxx: Will post in 8 hours with a full explanation of what happened, why it happened and who you are
[13:57:03] xxxx xxxxxx: ( probably gonna post it faster )


Whoever is running Coinmarket.io Mr. Kenneth Bjørke i advice you to give us all information you know of this unknown entity that you talk about our Bitcoins, i can ensure you that the Crypto Community is capable of more then just to trade coins and mine them.

We got your whole ID and if you holding Information away means you are helping a thief to get away, for this you can get in jail for a long time.

For your family sake i hope you understand in which deep shit you are right now and start helping us.
If not then i feel that we have to get a bit serious.

I have some bad news, some more bad news but a way forward.

My father is a officer in the Rikskriminalpolisen (Swedish national bureau of investigation) , this is bad news because he can't help out directly, he took time out of his busy schedule to read this and I had to explain the situation , he said he is 99% sure this has been setup as a scam.

It's a pity as we could of got a case number done and then insisted the host of the website release his details.

What the community needs to do.

1. Someone needs to get case number from Norwegan Police so Kenneth Bjorke is forced to release the details of coinmarket.io owners and the IP address details for the account.

2. Depending on the country of the accused you will need to open a case in that country
  a. Whoever does this part needs to get as much info from everyone who's BTC has been stolen, the more money involved the higher priority the case will have.
  b. The case number will also be needed to freeze this persons bank accounts while the investigation continues, also the banks will require a case number and the police
      will need to be the ones to do it.

3. I suggest raising a small fee amount in a escrow for the person who is going to be doing the work. This won't be a easy task as not many people are familiar with Cryptos, if the person
happens to live in Sweden we will sort this out very fast.

If you have anymore questions you can email me at [email protected]

CoinMarket.io status update

1. What happened?

We got exploited. Somewhat. The majority of coins were saved by cold storage and a quick reaction.
A couple of users abused a bug in the trading engine allowing them to create coins (increase balance) out of nothing.
Do you remember the day when KARM/BTC 24h volume was 400+ out of the blue? That volume came from those malicious users trading.
When we noticed the problem, we stopped all trading to investigate the situation.
Unfortunately, we failed to find the bug fast enough to resume normal operation and cover the losses from fees.
The new trading engine (rewritten) still suffers from this unknown-to-us issue, this is why we have not resumed any trading.
Meanwhile, we allowed all withdrawals to happen - because it was the right thing to do.
Because of high withdrawal volumes, the wallets ran out of normal unspent inputs and started to combine too many small inputs for withdrawals.
There is a limit of inputs/outputs in a cryptocurrency transaction.
If the wallet software (the official stuff that everybody uses) chooses or attepts to choose too many inputs,
the transaction will fail with "Transaction too large" or "Transaction creation failed" error.
It has nothing to do with insufficent balance. This problem was caused by miners who mined directly to the deposit address, creating tens of thousands of small inputs.
The default algo for choosing transaction inputs (coin selection) is not designed for exchanges. We need to create some code that does some raw transaction magic.
Also, some coins have landed on an invalid fork - because we were too busy with other issues. We will update all coindaemons tonight.
Everything has taken too much time because multiple problems hit us at the same time and debugging the situation was not so simple.

2. What is the solution? What are you doing now?

We have manually processed some withdrawals, but that process is too slow.
An automatic script will be running tomorrow - it will hopefully process the stuck withdrawals.
If your withdrawal status changes to "manual", it means that we manually processed it.
If your withdrawal status changes to "fixed", it means that the automatic routine processed it.
We will publish statistics when avalible - after the script runs.

Please stop any accusations and threats against Kenneth Bjørke - he is just hosting the web servers.
The hosting of coinmarket.io by Kenneth will be terminated when the dust settles and all possible withdrawals are processed.

We will be posting lists of withdrawals that got fixed.
We are deeply sorry for the inconvenience this may have caused to you.
More detailed information coming after the automatic process runs.