Hey,
I “lost” my VRC when Moolah.io closed its doors. I didn’t receive any emails at the time re the closure and by the time I found out, it was too late. This was back in 2014.
I assume my coins are still there on the blockchain (?) and I would dearly love to get my coins back. The VRC price makes my 6,500 coins worth chasing.
Was anyone else affected similarly?
Topic: Mintpal hacked (VeriCoin) (Read 11030 times)
WOW
Seems like this hack pretty much killed the exchange.
Pretty much no volume anymore.
Everybody moved to Bittrex it seems.
Seems like this hack pretty much killed the exchange.
Pretty much no volume anymore.
Everybody moved to Bittrex it seems.
No surprise. I had no choice but had to withdraw all my funds out of Mintpal too
I'm sure most people don't trust Mintpal as a secure exchange anymore since the hacker could successfully injected withdrawal request into their database and got the funds directly
It just sounds too terrible
While on one hand, I'm surprised this fork hasn't been used before to solve purported theft issues, as a viable solution to that particular problem, it does create all kinds of other problems, like what about people who made irreversible payments to legitimate payees after the event? It's B.S.
it hasn't been used before because the only way to roll back a coin is to essentially destroy every single block containing every single transaction that occurred after the time you want to roll back to.
with any large coin economy that would cause major financial chaos.
imagine you'd just bought a house or car and your transactions were wiped. worse yet imagine you sold one.... you just got your nice wad of coins and then poof all gone. "sorry we just rolled back because of theft... don't worry mintpal will reimburse you..."
given that Vericoin had very few transactions for the period of 8 or so hours between the attack and the rollback the devs took a chance to save their coin.
they saved their coin but damaged its reputation and credibility.. only time will tell if it will survive.
it was the least destructive thing to do even if the coin suffers for it because very dangerous flaws in mintpal's and PoS coin security were exposed and a thief was denied the spoils of his endeavors.
the controversy has sparked fierce debate and everyone involved is much wiser for it and a potential exchange collapse and resulting scandal have been averted
See screwup #9 and #8 here: http://www.coindesk.com/9-biggest-screwups-bitcoin-history/
WOW
Seems like this hack pretty much killed the exchange.
Pretty much no volume anymore.
Everybody moved to Bittrex it seems.
Seems like this hack pretty much killed the exchange.
Pretty much no volume anymore.
Everybody moved to Bittrex it seems.
Vericoin is the only alt that's not a scam.
Everything else is crap. They're all shady.
While VRC has talented devs that made themselves public. And they're being pragmatic.
Ha!!!! We have a talented comedian over here!
http://bitinfocharts.com/top-100-richest-vericoin-addresses.html
those numbers looks the weakest from all the distribution i have seen so far
i believe all coin should have a fair trial but i would be careful being stuck with a bad trade
Vericoin is the only alt that's not a scam.
Everything else is crap. They're all shady.
While VRC has talented devs that made themselves public. And they're being pragmatic.
Ha!!!! We have a talented comedian over here!
I moved all my coins off MP to my wallets as well. MP has lost alot of its credibility and I dont see them regaining it anytime soon. Will there ever be an exchange that is credible and transparent?....who knows, but for all investors, don't store your coins on exchanges. I still have .2 BTC worth of a few coins on other exchanges, but they are for not a concern. My MP wallet is now in my own possession, I dont think anyone should trust MP anymore with their money, especially if you hold large amounts of a coin.
I'm liking the way Poloniex Handles themselves.
I only use exchanges to buy or sell coins the withdraw immediately. As someone mentioned above keep your coins in your wallet, there have been far so many cases of exchange hacking and they won't stop anytime soon.
Tough to do If you want to place walls.
Vericoin is the only alt that's not a scam.
Everything else is crap. They're all shady.
While VRC has talented devs that made themselves public. And they're being pragmatic.
LMAO!
If vericoin is the only alt that is not a scam then cryptos are doomed.
I was more diplomatic in my response!
I only use exchanges to buy or sell coins the withdraw immediately. As someone mentioned above keep your coins in your wallet, there have been far so many cases of exchange hacking and they won't stop anytime soon.
Vericoin is the only alt that's not a scam.
Everything else is crap. They're all shady.
While VRC has talented devs that made themselves public. And they're being pragmatic.
LMAO!
If vericoin is the only alt that is not a scam then cryptos are doomed.
I moved all my coins off MP to my wallets as well. MP has lost alot of its credibility and I dont see them regaining it anytime soon. Will there ever be an exchange that is credible and transparent?....who knows, but for all investors, don't store your coins on exchanges. I still have .2 BTC worth of a few coins on other exchanges, but they are for not a concern. My MP wallet is now in my own possession, I dont think anyone should trust MP anymore with their money, especially if you hold large amounts of a coin.
People should start to understand that the only coins that are indeed yours are the coins you have in your personal wallet.
Coin sitting in exchanges are coin you lend them willingly.
I moved all my coins off MP to my wallets as well. MP has lost alot of its credibility and I dont see them regaining it anytime soon. Will there ever be an exchange that is credible and transparent?....who knows, but for all investors, don't store your coins on exchanges. I still have .2 BTC worth of a few coins on other exchanges, but they are for not a concern. My MP wallet is now in my own possession, I dont think anyone should trust MP anymore with their money, especially if you hold large amounts of a coin.
MintPal owes ALL their success to this forum full of users.
MP should have posted this info first here for us all RIGHT AWAY far before anyone else had a change to start relaying sketchy bits of info.
MP should have posted this info first here for us all RIGHT AWAY far before anyone else had a change to start relaying sketchy bits of info.
Virtually every alt-coin owes it's success to this forum. If BitcoinTalk closed down the alt-coin section, most alt-coins would die off, except a rare few which have outgrown BitcoinTalk.
Vericoin is the only alt that's not a scam.
Everything else is crap. They're all shady.
While VRC has talented devs that made themselves public. And they're being pragmatic.
You choose your words poorly.
what is going on with the vericoin any updates is it back to normal now?
Vericoin is the only alt that's not a scam.
Everything else is crap. They're all shady.
While VRC has talented devs that made themselves public. And they're being pragmatic.
Good thing my VRC are on Cryptsy. 
your coins reputation was trashed by mintpal and you think its a good thing you have your coins in cryptsy?
Good thing my VRC are on Cryptsy.
MintPal owes ALL their success to this forum full of users.
MP should have posted this info first here for us all RIGHT AWAY far before anyone else had a change to start relaying sketchy bits of info.
and so far they have had a LONG time to come here and do some explaining.
there should have been a new topic created by them posted here for us all to read a full disclosure of what happened PERIOD.
Their seemingly endless sketchy behavior with Coin voting crap had already left a very sour taste in my mouth.
and That had already prevented me from even considering registering on their site.
Their response to this here at the forum guarantees i will never in my life use Mintpal.
And it's not because they had security issues.. but because of HOW they handled it.
To me ? it's game over.. your done MintPal
The next place that can operate with some common sense deserve to take the customers business.
They have had LOTS of time to cook up an explanation and simply posting some shit on their Exchange site's Q/A is not acceptable.
Did anyone get emails with an explanation on what happened and why and what you should do now ?
They KNOW we're all here and we came here before we knew their exchange existed.. so for them to not rush here to post about it, is nuts.
I think its clear they didn't say anything here to avoid the matter.. and buy time etc
screw em.. get your coins out of there is my opinion
or wait for the next "charge back" lol
MP should have posted this info first here for us all RIGHT AWAY far before anyone else had a change to start relaying sketchy bits of info.
and so far they have had a LONG time to come here and do some explaining.
there should have been a new topic created by them posted here for us all to read a full disclosure of what happened PERIOD.
Their seemingly endless sketchy behavior with Coin voting crap had already left a very sour taste in my mouth.
and That had already prevented me from even considering registering on their site.
Their response to this here at the forum guarantees i will never in my life use Mintpal.
And it's not because they had security issues.. but because of HOW they handled it.
To me ? it's game over.. your done MintPal
The next place that can operate with some common sense deserve to take the customers business.
They have had LOTS of time to cook up an explanation and simply posting some shit on their Exchange site's Q/A is not acceptable.
Did anyone get emails with an explanation on what happened and why and what you should do now ?
They KNOW we're all here and we came here before we knew their exchange existed.. so for them to not rush here to post about it, is nuts.
I think its clear they didn't say anything here to avoid the matter.. and buy time etc
screw em.. get your coins out of there is my opinion
or wait for the next "charge back" lol
While on one hand, I'm surprised this fork hasn't been used before to solve purported theft issues, as a viable solution to that particular problem, it does create all kinds of other problems, like what about people who made irreversible payments to legitimate payees after the event? It's B.S.
it hasn't been used before because the only way to roll back a coin is to essentially destroy every single block containing every single transaction that occurred after the time you want to roll back to.
with any large coin economy that would cause major financial chaos.
imagine you'd just bought a house or car and your transactions were wiped. worse yet imagine you sold one.... you just got your nice wad of coins and then poof all gone. "sorry we just rolled back because of theft... don't worry mintpal will reimburse you..."
given that Vericoin had very few transactions for the period of 8 or so hours between the attack and the rollback the devs took a chance to save their coin.
they saved their coin but damaged its reputation and credibility.. only time will tell if it will survive.
it was the least destructive thing to do even if the coin suffers for it because very dangerous flaws in mintpal's and PoS coin security were exposed and a thief was denied the spoils of his endeavors.
the controversy has sparked fierce debate and everyone involved is much wiser for it and a potential exchange collapse and resulting scandal have been averted
Another PoS Coin, NavajoCoin, was successfully Doublespent after the attacker claimed over 50% of Navajocoins...
My conclusion? PoS= PIECE OF SHIT.
My conclusion? PoS= PIECE OF SHIT.
@ IRC
[22:54] According to MintPal, only the vericoin wallet was affected during the attack. This includes the database containing sensitive customer information and passwords.
[22:54] http://www.coindesk.com/bitcoin-protected-vericoin-stolen-mintpal-wallet-breach/
[22:55] Have our passwords been compromised?
[22:55] <@MintPal-Jason> StonedPenguin: No
[22:56] <@MintPal-Jason> The CoinDesk article is worded wrong. We answered that very question on our Q&A post https://support.mintpal.com/index.php?module=announce&sec=view&id=18
[22:54]
[22:54]
[22:55]
[22:55] <@MintPal-Jason> StonedPenguin: No
[22:56] <@MintPal-Jason> The CoinDesk article is worded wrong. We answered that very question on our Q&A post https://support.mintpal.com/index.php?module=announce&sec=view&id=18
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