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Topic: [Emergency ANN] Bitcoinica site is taken offline for security investigation - page 60. (Read 224562 times)

donator
Activity: 980
Merit: 1000

If the mail server was not theirs, relying on a foreign mail server for root password resets is so stupid this counts as compromised**2.

-coinft.

They didn't. They're still not in charge of operations.
donator
Activity: 980
Merit: 1000
I don't get it. Not so long ago Bitcoinica lost 40k BTC due to Linode hack, and they could afford to fully reimburse the amount and continue normal site operations. Now they've lost "only" less than half of it, and they're closing down? What did change in the meantime?

Last word from Zhoutong is that they'll pony up.

- Likely we will either shut down the platform or re-develop entirely (which will take months instead of days).

Why would you need to re-develop for a compromised email server?

Maybe to use P2SH, Armory cold storage or some other secure means of transaction/storage from the ground up.

A good idea IMO, but if they don't reimburse users I don't think anyone would want to make business with them again. Trust is above tech in this business.

We will reimburse everyone in full. Bitcoinica is a limited partnership, not a teenager's experimental project.

Does that include BTC or is it just US$ as you seemed to imply before?

Everything. We will purchase BTC to return the funds if we don't have enough reserve.
full member
Activity: 187
Merit: 100
You can beat up on Zhou all you want and he seem to be taking it pretty well considering his position but I'd like to know why we have not heard anything official from these guys.

https://bitcoinconsultancy.com/

And is their site down or is it just me?

Maybe they're updating it to reflect that their security has only been compromised a few times, which seems to be on par for the bitcoin community.  Grin

AFAIK they haven't been compromised, unless the mail server that was compromised was theirs.

If the mail server was not theirs, relying on a foreign mail server for root password resets is so stupid this counts as compromised**2.

-coinft.
full member
Activity: 178
Merit: 100
They are on the move again.

http://blockchain.info/tx-index/5484758/c141115ff13ad9331e0d46776d850f06083a60fab88b15a2a2df35f2fdf565da

Seven 2600 btc transactions, and that one for 347.66367623 BTC goes to
http://blockchain.info/address/1EMLwAwseowTkDtKnEHRKrwQvzi4HShxSX  which then has splits into a bunch of smaller transactions. WTF? how do you follow this many splits?

found something strange while following the stolen coins.  Sent from the thief to many small accounts and one large one.
 http://blockchain.info/address/1EMLwAwseowTkDtKnEHRKrwQvzi4HShxSX

1.01100101 BTC  e 101
2.01111 BTC  15
3.0111 BTC
4.01100101 BTC
5.01100011 BTC
6.011101 BTC
7.001 BTC
116.4569963 BTC
8.01101101 BTC
9.01100001 BTC
10.01110011 BTC
11.01110011 BTC
12.001 BTC
13.011011 BTC
14.01100101 BTC
15.01100001 BTC
16.01101011 BTC
17.001 BTC
18.01110011 BTC
19.01101111 BTC
20.01101111 BTC
21.0110111 BTC

Why would they split it up like that?  are they trying to hide it by making it whole bunch of small transfers?

LOL, binary...

If I am not mistaken the message is (adding missing "0" at the end and converting to ASCII):

"expect mass leak soon"
sr. member
Activity: 462
Merit: 250
I heart thebaron
(sorry in advance if it was already mentioned)

but....

What is the total BTC that Bitcoinica has 'given away' throughout it's (2 or 3 ?) security breaches ?
legendary
Activity: 1358
Merit: 1002
I don't get it. Not so long ago Bitcoinica lost 40k BTC due to Linode hack, and they could afford to fully reimburse the amount and continue normal site operations. Now they've lost "only" less than half of it, and they're closing down? What did change in the meantime?

New owners don't wish to recoup money lost... Interesting, very interesting indeed.
"Let's just get a $100k hit and leave it at that."
legendary
Activity: 1050
Merit: 1000
You are WRONG!
What did change in the meantime?
they lost 40k? maybe? ran out of money?
donator
Activity: 2058
Merit: 1007
Poor impulse control.
I don't get it. Not so long ago Bitcoinica lost 40k BTC due to Linode hack, and they could afford to fully reimburse the amount and continue normal site operations. Now they've lost "only" less than half of it, and they're closing down? What did change in the meantime?

Last time, they hadn't just lost 40k btc to a linode hack.
legendary
Activity: 1050
Merit: 1000
You are WRONG!
Put something up on bitcoinica.com


Not everyone uses this message board and for those that don't, they're going to be wondering what is going on.
https://www.google.dk/search?sourceid=chrome&ie=UTF-8&q=bitcoinica+down%3F

What's so terrible about a status page?  It took all of 30 seconds to change the dns to point to meatspin, it'd take only a few seconds more to write something up and have it be on your website.
im not against putting something up on bitcoinica.com.
im against your reason for it: "people are too dumb to use google."
hero member
Activity: 607
Merit: 500
I don't get it. Not so long ago Bitcoinica lost 40k BTC due to Linode hack, and they could afford to fully reimburse the amount and continue normal site operations. Now they've lost "only" less than half of it, and they're closing down? What did change in the meantime?
vip
Activity: 574
Merit: 500
Don't send me a pm unless you gpg encrypt it.
Put something up on bitcoinica.com


Not everyone uses this message board and for those that don't, they're going to be wondering what is going on.
https://www.google.dk/search?sourceid=chrome&ie=UTF-8&q=bitcoinica+down%3F

What's so terrible about a status page?  It took all of 30 seconds to change the dns to point to meatspin, it'd take only a few seconds more to write something up and have it be on your website.
donator
Activity: 2058
Merit: 1007
Poor impulse control.
This evil bastard can transfer  1.01000101
                                             2.01110011
                                             3.01101011
                                             4.01101001
                                             5.01101101
                                             6.01101111
                                             7.01000010
                                             8.01101111
                                             9.01100010
                                         and 299.90284533 BTC to: 1JQvAV1g9metgnpn5k3U5cW6PUjHrDCP3b  Roll Eyes


FTFY
legendary
Activity: 1050
Merit: 1000
You are WRONG!
Put something up on bitcoinica.com


Not everyone uses this message board and for those that don't, they're going to be wondering what is going on.
https://www.google.dk/search?sourceid=chrome&ie=UTF-8&q=bitcoinica+down%3F
legendary
Activity: 1358
Merit: 1002
You can beat up on Zhou all you want and he seem to be taking it pretty well considering his position but I'd like to know why we have not heard anything official from these guys.

https://bitcoinconsultancy.com/

And is their site down or is it just me?

Maybe they're updating it to reflect that their security has only been compromised a few times, which seems to be on par for the bitcoin community.  Grin

AFAIK they haven't been compromised, unless the mail server that was compromised was theirs.

And despite the 2 weeks old Press Release saying they would manage and operate Bitcoinica going forward, it seems they were not doing it yet. Premature announcement, maybe?
vip
Activity: 574
Merit: 500
Don't send me a pm unless you gpg encrypt it.
Put something up on bitcoinica.com


Not everyone uses this message board and for those that don't, they're going to be wondering what is going on.
donator
Activity: 980
Merit: 1000
You can beat up on Zhou all you want and he seem to be taking it pretty well considering his position but I'd like to know why we have not heard anything official from these guys.

https://bitcoinconsultancy.com/

And is their site down or is it just me?

Maybe they're updating it to reflect that their security has only been compromised a few times, which seems to be on par for the bitcoin community.  Grin

AFAIK they haven't been compromised, unless the mail server that was compromised was theirs.
legendary
Activity: 910
Merit: 1000
Quality Printing Services by Federal Reserve Bank
This evil bastard can transfer 345 BTC to: 1JQvAV1g9metgnpn5k3U5cW6PUjHrDCP3b  Roll Eyes

legendary
Activity: 1358
Merit: 1002
You can beat up on Zhou all you want and he seem to be taking it pretty well considering his position but I'd like to know why we have not heard anything official from these guys.

https://bitcoinconsultancy.com/

And is their site down or is it just me?

No, it's not just you. Semms down to me also lol
sr. member
Activity: 258
Merit: 250
You can beat up on Zhou all you want and he seem to be taking it pretty well considering his position but I'd like to know why we have not heard anything official from these guys.

https://bitcoinconsultancy.com/

And is their site down or is it just me?

Maybe they're updating it to reflect that their security has only been compromised a few times, which seems to be on par for the bitcoin community.  Grin
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