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Topic: Have over 0.3BTC on Cryptsy? DO NOT TRY TO WITHDRAW! (Read 9868 times)

full member
Activity: 224
Merit: 100
according to Vern:
http://blog.cryptsy.com/

13k BTC, and 300k LTC were stolen July 29, 2014 (a year and a half ago)

My research has turned up 456,501 DRK/Dash were also stolen (only large tx that day)

No idea on any other coins...

It's way more then those. For some coins Cryptsy was the main exchange so it will be way more then just btc/ltc/drk etc.
STT
legendary
Activity: 3878
Merit: 1411
Leading Crypto Sports Betting & Casino Platform
Well if you have read their email, you know this is prety serious.
ALL activity has been halted. There even is a link to get your money back (which wasn't working).

So yes, it's time to worry now.

The time to worry is before any loss, or least it pays better then.   I dont really blame any party as I think we know in concept an exchange with all money centralised is vulnerable increasingly with its success and growth.  Bitcoin itself has to avoid this kind of natural crush towards amassing all power and risk in one place or it'll fall into the same problems.  
We could say oh the people who ran the exchange are the bad people they made mistakes but really I think the problem was allowing worth to be placed in one place that goes against why bitcoin succeeds in the first place.

Quote
Many are suggesting other options other than the 3 mentioned above:
4. Spread the loss to all users in the system and allow trades to continue.

From the blog itself I think it would be best to press on, take the hit and place IOU into accounts that have fallen short from this failure.   Nobody will be happy or grateful but it will be a working system at least, its really no good to freeze an exchange and everybody loses.  Its like a golden rule really that all exchanges small and large avoid trading halts for anymore then brief periods.

I cant remember which exchange did this previously after a loss, were they able to recover maybe someone can say
sr. member
Activity: 406
Merit: 250
according to Vern:
http://blog.cryptsy.com/

13k BTC, and 300k LTC were stolen July 29, 2014 (a year and a half ago)

My research has turned up 456,501 DRK/Dash were also stolen (only large tx that day)

No idea on any other coins...
hero member
Activity: 588
Merit: 500
★Bitvest.io★ Play Plinko or Invest!

You don't know that. Probably not a very popular opinion here but I trust the guy. Of course I wouldn't recommend to anyone to deposit funds on cryptsy right now but If I had some bitcoin left I think I would risk some more.

guess we know now for sure
newbie
Activity: 4
Merit: 0

You don't know that. Probably not a very popular opinion here but I trust the guy. Of course I wouldn't recommend to anyone to deposit funds on cryptsy right now but If I had some bitcoin left I think I would risk some more.
hero member
Activity: 588
Merit: 500
★Bitvest.io★ Play Plinko or Invest!
Cryptsy ceases its activities....
game over

Not yet, I'm still waiting for a "hacker attack" where all coin will be "stolen" by evil hackers...

http://www.financemagnates.com/cryptocurrency/exchange/cryptsy-stops-all-withdrawals-and-trading-claims-to-be-under-cyberattack/

Has Craptsy gone full MtGox?

yes

Quote from: cryptsy.com
Important System Notification

Phishing Attempt:: There is a phishing attempt going around prompting users to go to a cryptsy-refund website. Do not go to this website or give your login details on any website other than the official Cryptsy website. There were two avenues of the Phishing attempt. One was via SMS, using our provider Twilio and gained entry into our logs and sending ability via a weak password on that account. The passwords on this account have been secured. The other avenue was via email using the same mailing service we use (Mailgun), but was not sent using our account. It is uncertain where the email list for this Phishing attempt was attained from, as we do not show any unauthorized access to our Mailgun account nor our internal systems. We are still investigating this matter. If you were a victim of this phishing, you should log into your account at Cryptsy immediately and do the following: 1. Change your password and enable 2fa if you don’t already have it enabled. 2. Check your pending withdrawals, we currently have withdrawals disabled so if you see one that shouldn’t be there you can request to have it cancelled. Regarding other issues that have been apparent at Cryptsy for the last couple months, I will be making another post to explain what has been happening in the next couple days. Until we are able to determine the extent of the phishing attempt, all withdrawals are paused and will be cancelled before they are brought back live.....BigVern
sr. member
Activity: 406
Merit: 250
Cryptsy ceases its activities....
game over

Not yet, I'm still waiting for a "hacker attack" where all coin will be "stolen" by evil hackers...

http://www.financemagnates.com/cryptocurrency/exchange/cryptsy-stops-all-withdrawals-and-trading-claims-to-be-under-cyberattack/

Has Craptsy gone full MtGox?
sr. member
Activity: 320
Merit: 259
Not sure if this is bad news or good news, at least its communication.  I'm flipping a coin, its a positive Cheesy    I have withdrawn various alt coins, last batch was some DOGE.  I presume its all locked down now till the dust settles on whatever happened  \_(ツ)_/¯

Well if you have read their email, you know this is prety serious.
ALL activity has been halted. There even is a link to get your money back (which wasn't working).

So yes, it's time to worry now.

That email was a phishing attempt and should be ignored, if you used the link in the email you are advised to change your password and enable 2fa

ALL activity has not been halted, withdrawals have.
sr. member
Activity: 322
Merit: 250
Not sure if this is bad news or good news, at least its communication.  I'm flipping a coin, its a positive Cheesy    I have withdrawn various alt coins, last batch was some DOGE.  I presume its all locked down now till the dust settles on whatever happened  \_(ツ)_/¯

Well if you have read their email, you know this is prety serious.
ALL activity has been halted. There even is a link to get your money back (which wasn't working).

So yes, it's time to worry now.
STT
legendary
Activity: 3878
Merit: 1411
Leading Crypto Sports Betting & Casino Platform
Not sure if this is bad news or good news, at least its communication.  I'm flipping a coin, its a positive Cheesy    I have withdrawn various alt coins, last batch was some DOGE.  I presume its all locked down now till the dust settles on whatever happened  \_(ツ)_/¯
full member
Activity: 224
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
Quote
One was via SMS, using our provider Twilio and gained entry into our logs and sending ability via a weak password on that account.
   
Grossly negligent, you would expect more from a company responsible for a big amount of user funds...

Quote
Regarding other issues that have been apparent at Cryptsy for the last couple months, I will be making another post to explain what has been happening in the next couple days.

So an expected "hacker attack" was required to force BigV to communicate with his users?
newbie
Activity: 4
Merit: 0
Crptsy didn't cease its activity. They report a phishing attack and closed withdrawals for a while.

Maybe it is an elaborate scheme but nobody except for Paul Vernon knows for sure.

UPDATE : Some "official" news : http://blog.cryptsy.com/
full member
Activity: 196
Merit: 100
fastdice.com The Worlds Fastest Bitcoin Dice
Cryptsy ceases its activities....
game over

The game was over some weeks ago when the problems came to a high.
The last few weeks were just a game played in demo mode, with real money.
full member
Activity: 224
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
Cryptsy ceases its activities....
game over

Not yet, I'm still waiting for a "hacker attack" where all coin will be "stolen" by evil hackers...
full member
Activity: 172
Merit: 100
Cryptsy ceases its activities....
game over
full member
Activity: 224
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice

If you need volume, there are only Poloniex and Bittrex. Cryptopia and Yobit still need more volume, although they cover a lot of PoW coins (good for miners).

The guy who runs this site is a solid guy, Im sure he'll do the hard work when he can get it back online fully

I'm not sure about this divorce story. It would make sense, if rumours are true.
full member
Activity: 224
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
I tried ltc, dash no succes.
ambercoin, mona coin are in maintenance..

Is there ay coin that have withdrawals executed directly?

The "big ones" won't work, BTC, LTD, Dash, sometime Doge. According to a mod, cold wallets are frozen so you can only withdraw from the hot wallets, as long as there are enough coins in.

Try CLAM, NOTE, XMG and DMD. Had success with them so far.

I've tried with potcoin and it work flawlessy.
DMD is a no go btw.
I tried 10 DMD without a problem. But also with 500 and yes I am waiting again.

Too bad i can't cancell it anymore.

Did you contact the support? My pending withdrawal has been cancelled within 24 hours.

The problem seems to be that the cold wallets are frozen/locked and only the coins in the hot wallets are available to withdraw. As long as there are enough coins in, it's not a problem. Popular coins need new deposits (i.e. from miners) that others can withdraw them.
STT
legendary
Activity: 3878
Merit: 1411
Leading Crypto Sports Betting & Casino Platform

If you need volume, there are only Poloniex and Bittrex. Cryptopia and Yobit still need more volume, although they cover a lot of PoW coins (good for miners).

Thanks yea I have old accounts there.  I used HYP to withdraw,  DOGE froze on me but theres a few coins that work.  BLK is slowly dripping amounts, many coins probably work small amounts only, I think cryptsy just need time to get back liquidity.   The guy who runs this site is a solid guy, Im sure he'll do the hard work when he can get it back online fully
sr. member
Activity: 364
Merit: 250
I tried ltc, dash no succes.
ambercoin, mona coin are in maintenance..

Is there ay coin that have withdrawals executed directly?

The "big ones" won't work, BTC, LTD, Dash, sometime Doge. According to a mod, cold wallets are frozen so you can only withdraw from the hot wallets, as long as there are enough coins in.

Try CLAM, NOTE, XMG and DMD. Had success with them so far.

I've tried with potcoin and it work flawlessy.
DMD is a no go btw.
I tried 10 DMD without a problem. But also with 500 and yes I am waiting again.

Too bad i can't cancell it anymore.
full member
Activity: 224
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
Whats the best alternative exchanges to cryptsy at the moment or long term.   I owner has problems over a divorce case, his wife trying to confiscate customer funds for alimony which sounds unlikely to be legal

https://www.reddit.com/r/Bitcoin/comments/40g4sv/reason_why_cryptsy_isnt_withdrawing_everything/

If you need volume, there are only Poloniex and Bittrex. Cryptopia and Yobit still need more volume, although they cover a lot of PoW coins (good for miners).
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