[Emergency ANN] Bitcoinica site is taken offline for security investigation - page 79.

N12

donator

Activity: 1610

Merit: 1010

Quote from: Yankee (BitInstant) on May 11, 2012, 08:49:47 AM

Quote from: zhoutong on May 11, 2012, 08:42:27 AM

Quote from: DiabloD3 on May 11, 2012, 08:40:02 AM

I have repeatedly told people that Bitcoinica is a scam and that Bitcoinica staff should be banned from the forums.

Maybe now people will actually listen.

Bitcoinica is a regulated entity, verifiable by government records. We are one of the most legitimate businesses in Bitcoin community, by any standard.

I second that, and vouch for Zhou and the Bitcoinica team.

I refuse to give people who donate 64k BTC to hackers and devalue all of our Bitcoins any credence.

Hopefully the reward will attract even more hackers!

Yankee (BitInstant)

legendary

Activity: 1078

Merit: 1000

Charlie 'Van Bitcoin' Shrem

Quote from: zhoutong on May 11, 2012, 08:42:27 AM

Quote from: DiabloD3 on May 11, 2012, 08:40:02 AM

I have repeatedly told people that Bitcoinica is a scam and that Bitcoinica staff should be banned from the forums.

Maybe now people will actually listen.

Bitcoinica is a regulated entity, verifiable by government records. We are one of the most legitimate businesses in Bitcoin community, by any standard.

I second that, and vouch for Zhou and the Bitcoinica team.

bulanula

hero member

Activity: 518

Merit: 500

Quote from: DiabloD3 on May 11, 2012, 08:40:02 AM

I have repeatedly told people that Bitcoinica is a scam and that Bitcoinica staff should be banned from the forums.

Maybe now people will actually listen.

realnowhereman

hero member

Activity: 504

Merit: 502

At time of writing, the funds haven't been spent.

http://blockchain.info/address/182tGyiczhXSSCTciVujNRkkMw1zQxUVhp

N12

donator

Activity: 1610

Merit: 1010

Great news!

I am pleased to know that the Bitcoin community continues funding hackers and scammers in a big way. Bitcoin creates so much wealth for everyone of us. Last time was 45k BTC though, this time it’s only 18.5k, we’ve got to do better.

Continue using a site to get g zhoutonged and give your money to hackers to devalue your Bitcoins, please!

zhoutong

vip

Activity: 490

Merit: 502

Quote from: Clipse on May 11, 2012, 08:44:04 AM

Honestly, I know people want to be able to withdraw in "real-time" but why is it so terrible to have a pending period for large transfers? Surely this would avoid such massive withdrawals in near "real-time" without you being able to suspend it in case of hacks/theft?

We really wanted to keep the blockchain and wallet in MySQL database. But we don't have a technical solution yet. Interacting with the official client is painful.

sturle

legendary

Activity: 1437

Merit: 1002

https://bitmynt.no

Quote from: zhoutong on May 11, 2012, 08:16:37 AM

Today, we have discovered a suspicious Bitcoin transaction that doesn't seem to be initiated by any one of the company owners. Some of them are not online at the moment so this is not conclusive.

Isn't this exactly what P2SH was invented to prevent?

Have a separate safety computer located somewhere else to automatically countersign all transactions which can be verified to be legitimate. Normal transactions using bitcoind will not work without access to both wallets.

Clipse

hero member

Activity: 504

Merit: 502

Honestly, I know people want to be able to withdraw in "real-time" but why is it so terrible to have a pending period for large transfers? Surely this would avoid such massive withdrawals in near "real-time" without you being able to suspend it in case of hacks/theft?

zhoutong

vip

Activity: 490

Merit: 502

Quote from: DiabloD3 on May 11, 2012, 08:40:02 AM

I have repeatedly told people that Bitcoinica is a scam and that Bitcoinica staff should be banned from the forums.

Maybe now people will actually listen.

Bitcoinica is a regulated entity, verifiable by government records. We are one of the most legitimate businesses in Bitcoin community, by any standard.

zhoutong

vip

Activity: 490

Merit: 502

Quote from: ?? on ??

it was Rackspace fault ?

Not likely. I could be a email account compromise. Someone reset the password and gained access to the account. My email account history is normal, not sure about other owners. (Yes, the emails were sent to everyone!)

BadBear

legendary

Activity: 1652

Merit: 1128

Dang, good thing you were watching. Any idea how they got in?

DiabloD3

legendary

Activity: 1162

Merit: 1000

DiabloMiner author

I have repeatedly told people that Bitcoinica is a scam and that Bitcoinica staff should be banned from the forums.

Maybe now people will actually listen.

zhoutong

vip

Activity: 490

Merit: 502

Quote from: ?? on ??

Quote from: zhoutong on May 11, 2012, 08:32:55 AM

We have over 80% of our Bitcoins in offline wallets at the moment before the attack. We had to keep a large balance because the withdrawals are huge!

use mtgox code for any withdrawals above 500 btc /24h

The hacker almost gained access to our Mt. Gox API keys, before I revoke them!

He could get 30,000+ BTC easily if I was asleep, or busy.

ataranlen

hero member

Activity: 846

Merit: 1000

The One and Only

This is very interesting. Hopefully someone actually knows about the transfer.

zhoutong

vip

Activity: 490

Merit: 502

Quote from: ?? on ??

Quote from: zhoutong on May 11, 2012, 08:16:37 AM

Today, we have discovered a suspicious Bitcoin transaction that doesn't seem to be initiated by any one of the company owners. Some of them are not online at the moment so this is not conclusive.

Suspicious transaction:

  {
   "account" : "",
   "address" : "182tGyiczhXSSCTciVujNRkkMw1zQxUVhp",
   "category" : "send",
   "amount" : -18547.66867623,
   "fee" : 0.00000000,
   "blockhash" : "00000000000003f6bfd3e2fcbf76091853b28be234b5473a67f89b9d5bee019c",
   "blockindex" : 1,
   "txid" : "7a22917744aa9ed740faf3068a2f895424ed816ed1a04012b47df7a493f056e8",
   "time" : 1336738723
   },

We have contacted Rackspace to suspend all our servers and lock down our accounts. All your trading and financial data is safe (as far as I know), apart from the Bitcoin loss.

Thank you for your patience and understanding while we investigate this issue in detail.

It's really hard to believe that after the linode debacle, you guys are
still leaving that many coins on hosted systems.

Please learn about offline transactions and how to properly decouple
the wallet from your trading system.

Reading the armory threads would be a good place to start.

We have over 80% of our Bitcoins in offline wallets at the moment before the attack. We had to keep a large balance because the withdrawals are huge!

PLATO

sr. member

Activity: 493

Merit: 250

Don't trust "BBOD The Best Futures Exchange"

Sounds like u got ZHOU TONGED

ineededausername

hero member

Activity: 784

Merit: 1000

bitcoin hundred-aire

oh hell no, not again! Angry

Look out for CoinExchanger's "Thank You" thread!

unclescrooge

hero member

Activity: 868

Merit: 1000

And you know why the price dropped today Cheesy

Buy opportunity guys Cheesy

unclescrooge

hero member

Activity: 868

Merit: 1000

18000 btc? Oh my god that's harsh

davout

legendary

Activity: 1372

Merit: 1008

1davout

Quote from: zhoutong on May 11, 2012, 08:16:37 AM

"amount" : -18547.66867623

Whoops!

Topic: [Emergency ANN] Bitcoinica site is taken offline for security investigation - page 79. (Read 224562 times)