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Topic: Official BlackCoin statement from CryptoRush - Very shocking information - page 23. (Read 58989 times)

full member
Activity: 140
Merit: 100
Lesson learn. Always keep coin your own PC wallet.
hero member
Activity: 568
Merit: 500
I'm sorry - I just read this whole thing and there's something I don't understand:

Can someone competent explain how

Code:
# blackcoind sendfrom  

could continue to work if the total wallet balance was negative? Was the daemon just generating fake coins and sending them? Or what?

There are instances where getbalance shows a negative amount on individual accounts in Bitcoind as well, that's not unusual. On Sapphire we don't rely on accounts for individual users, and rather just check getreceivedbyaddress against the known prior deposits for a given address (which we assign to one user).

What would be very unusual is if the total amount in the wallet was negative, and the daemon was still allowing coins to be sent. Am I to take it that's what happened here? Or am I misreading that chat somehow?
full member
Activity: 126
Merit: 100
if I remember well there is something called monitoring in IT. some stuff that sends alerts on threshold apparently...
Some even use it to have automatic actions when an alert is raised.

mcxnow ( the exchange every one calls scam ) shuts down on any suspicious action

also they never lost 1 fucking coin

fucking exchanges stealing coins then blaming a dev LOL
member
Activity: 68
Merit: 10
if I remember well there is something called monitoring in IT. some stuff that sends alerts on threshold apparently...
Some even use it to have automatic actions when an alert is raised.
legendary
Activity: 861
Merit: 1010
Cryptorush stolen its user's HUC too.
full member
Activity: 126
Merit: 100
lol @ exchange dev incompetent morons ( or smart scammers ) dont touch that exchange whit a 10 foot pole !
full member
Activity: 210
Merit: 100
Quote
[09:14] COOPERATE OR I WILL PAY SOMEONE TO BEAT YOU TO DEATH! - YOU FUCKING THIEF!!! - YOU READ ME??? - I WILL PAY SOMEONE TO GET MY MONEY BACK FROM YOU!!!

Is this fyrstikken the owner of cryptorush ? If so he should really choose his words more wisely
newbie
Activity: 59
Merit: 0
POLONIEX GOT HACKED WITH 49 BTC NOT LONG AGO.

THEY RAISED THE TRANSACTION FEES TO REPAY THOSE BITCOINS, AND IT WORKED, AND EVERYONE IS HAPPY.

TRANSPARENT EXCHANGE: POLONIEX.

I EMAILED CRYTPTORUSH WITH THE SOLUTION, RAISE A BIT TO REPAY THE STOLEN COINS.

NO ANSWER YET.

MAKES SENSE?
full member
Activity: 238
Merit: 100
We've learned a lot from these events, perhaps if we had top notch bullet proof integrity checks we could have prevented it or at least minimised damage. But even so, we don't have these issues with the rest of our coins that are trading perfectly fine.

You don't have top notch integrity checks?  You run an exchange with other peoples money, without good integrity checks, why should anyone trust you at all?   Glad I've never left any balance on your exchange.  
newbie
Activity: 38
Merit: 0
There was obviously a bug in the blackcoin software.

But, I can't believe that a users balance has no checks or verification apart from the coin daemon.

So in effect the entire exchange is relying 100% on third party software which in some cases has not been tested nor reviewed.

WOW. it s not surprising that these problems keep coming up.

I am gutted at the BC loss, and while I agree the dev made a mistake, he did not steal anything.

The exchange is based on a flawed design.

full member
Activity: 168
Merit: 100
Just to back up our claims that balances were lost, some random guy made this tweet about getting 140k blackcoin earlier. https://twitter.com/cryptsypumped/status/448161531335675904

Wanted to clarify something else too, about us not having a check for negative balances. Nobody had a negative balance at all, people had a higher balance which is not negative. We've learned a lot from these events, perhaps if we had top notch bullet proof integrity checks we could have prevented it or at least minimised damage. But even so, we don't have these issues with the rest of our coins that are trading perfectly fine.

Hi,

I have been a fan and supporter of Crypto Rush since the beginning. But...

Can you please acknowledge all of the people having an issue with BTC withdrawals?

Thank you

This. They will only say "its working and you have to keep retrying" when clearly ITS NOT.
Obviously something is up at CR.
sr. member
Activity: 304
Merit: 250
full member
Activity: 233
Merit: 102
Bye, cryptorush.

And possibly BC too.
What a MtGox "txn malleability" excuse you have OP. Blaming the protocol or devs when your piece of shit site allows negative withdrawls.
GTFO this because you're terrible at it.
full member
Activity: 238
Merit: 100
Trying to blame this on blackcoin dev is a joke.  Why doesn't any other exchange have the same problem?  

The getbalance "account" API is a known problem for many POS coins, and if you run an exchange without knowing this you're incompetent. 
full member
Activity: 183
Merit: 100
I don't think I can do business with them after this until they take the site down and relaunch with all the needed features/security
Atleast they finally removed this from their ToS  Wink




Not sure that was ever legal.
newbie
Activity: 59
Merit: 0
I was also getting the same issue trying to withdrawl btc for hours. I ended up trading for btcs and then made a withdrawl of btcs instead and it worked.  Im assuming you could do the same with another coin.
member
Activity: 68
Merit: 10
Just to back up our claims that balances were lost, some random guy made this tweet about getting 140k blackcoin earlier. https://twitter.com/cryptsypumped/status/448161531335675904

Wanted to clarify something else too, about us not having a check for negative balances. Nobody had a negative balance at all, people had a higher balance which is not negative. We've learned a lot from these events, perhaps if we had top notch bullet proof integrity checks we could have prevented it or at least minimised damage. But even so, we don't have these issues with the rest of our coins that are trading perfectly fine.
newbie
Activity: 42
Merit: 0
I have/had almost 12000 Blackcoin on Cryptorush since last week. I don't care I was unable to trade for 24 hours, but I would be pissed if it's gone.

Did anybody get any compensation on ZEIT?
member
Activity: 70
Merit: 10
Thanks for the statement CryptoRush so we know what is happening
Hope you can solve/rectify soon
sr. member
Activity: 295
Merit: 250
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