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Topic: What happened to AllCrypt.com!? All Coins seems to be are Stolen!!!! (Read 4027 times)

legendary
Activity: 1143
Merit: 1000
Any AllCrypt.com news people?

Better forget about your coins there and move on, theres zero chance you will ever get it, and thats why decentralised cryptos are having a hard time
going mainstream. Maybe if there were some regulations about it , that would change, but you all hate regulations.. so here is what you get, not the first time, and certanly not the last time.

cheers

I dont even know how do you think that we could employ a regulation on bitcoins.. We could try to make some good-security ideas or tips so people that hold bitcoins can secure them and even exchanges that hold them.

What was allcrypt about ?
legendary
Activity: 1260
Merit: 1000
Think its an excuse now being used by too many,all exchanges should be forced to insure there customers coins or like Cryptsy have a vault even if there hacked you stand a better chance of keeping your coins.Anyway why would someone keep coins on an exchange!!!


uhhhhhm, to trade.  Kinda hard to use an exchange to "trade coins" without having coins on there?! 
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
Think its an excuse now being used by too many,all exchanges should be forced to insure there customers coins or like Cryptsy have a vault even if there hacked you stand a better chance of keeping your coins.Anyway why would someone keep coins on an exchange!!!

As long as there are no obligations regarding user identification when handling bitcoin, there is no way that these hacks will stop, cryptsy may have somewhat better
security than allcrypt, but that does not mean that they are safe. The higher security , the higher the pot for the take is, so just use exchanges, but after you do your trade, just withdraw your funds,
thats the only way your coins can be safe.

cheers
hero member
Activity: 756
Merit: 500
Think its an excuse now being used by too many,all exchanges should be forced to insure there customers coins or like Cryptsy have a vault even if there hacked you stand a better chance of keeping your coins.Anyway why would someone keep coins on an exchange!!!
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
Any AllCrypt.com news people?

Better forget about your coins there and move on, theres zero chance you will ever get it, and thats why decentralised cryptos are having a hard time
going mainstream. Maybe if there were some regulations about it , that would change, but you all hate regulations.. so here is what you get, not the first time, and certanly not the last time.

cheers
legendary
Activity: 2086
Merit: 1001
Any AllCrypt.com news people?

Yes , they stole all our coins
legendary
Activity: 1890
Merit: 1031
Any AllCrypt.com news people?
legendary
Activity: 1050
Merit: 1000
AllCrypt has updated its sitedown page with this.

Update: Spent the last 16 hours scouring logs. I believe I know what happened and how. I'll post full details as soon as I know more. The site is down, for now, completely, until I can assess the damage done. I'm not even sure there is anything to bring back up.

https://www.allcrypt.com/sitedown.html
Thanks for the Update

There's now an allcrypt blog post about it.

https://www.allcrypt.com/blog/2015/03/what-happened-and-whats-going-on/

We may re-open someday. This puts us back months, if not years. Without even that 10.8 BTC to recoup any costs, this is absolutely crushing. So I cannot say. I’ve actually had offers to buy the site. Maybe. I don’t know. This was my baby, and I’d hate to let it go.

Anyway, that’s all the news I have for now. I’ll try to post updates about any coin returns, and will be sending emails to those affected when we get those tools in working order. It won’t be a quick process. There’s ton’s of cleanup to be done.
that is bad news to see shutdown of allcrypt i have my have few altcoin there maybe near about 0.12BTC,
so i have to wait for this for few months to get access my account there, after bter another exchange got hacked.
member
Activity: 70
Merit: 10
AllCrypt has updated its sitedown page with this.

Update: Spent the last 16 hours scouring logs. I believe I know what happened and how. I'll post full details as soon as I know more. The site is down, for now, completely, until I can assess the damage done. I'm not even sure there is anything to bring back up.

https://www.allcrypt.com/sitedown.html
Thanks for the Update

There's now an allcrypt blog post about it.

https://www.allcrypt.com/blog/2015/03/what-happened-and-whats-going-on/

We may re-open someday. This puts us back months, if not years. Without even that 10.8 BTC to recoup any costs, this is absolutely crushing. So I cannot say. I’ve actually had offers to buy the site. Maybe. I don’t know. This was my baby, and I’d hate to let it go.

Anyway, that’s all the news I have for now. I’ll try to post updates about any coin returns, and will be sending emails to those affected when we get those tools in working order. It won’t be a quick process. There’s ton’s of cleanup to be done.
legendary
Activity: 1890
Merit: 1031
AllCrypt has updated its sitedown page with this.

Update: Spent the last 16 hours scouring logs. I believe I know what happened and how. I'll post full details as soon as I know more. The site is down, for now, completely, until I can assess the damage done. I'm not even sure there is anything to bring back up.

https://www.allcrypt.com/sitedown.html
Thanks for the Update
member
Activity: 70
Merit: 10
AllCrypt has updated its sitedown page with this.

Update: Spent the last 16 hours scouring logs. I believe I know what happened and how. I'll post full details as soon as I know more. The site is down, for now, completely, until I can assess the damage done. I'm not even sure there is anything to bring back up.

https://www.allcrypt.com/sitedown.html
legendary
Activity: 3808
Merit: 1723
Damn, lost some BTC, but what have we learn from this....

Always keep your coins on your own wallet until you wanna exchange them or use them, just my opinion Smiley
This is why Bitcoin sucks so much, they get stolen the whole time.

Not a Bitcoin flaw.

I think whats worse is the way he worded the hack. Not really professional with all the swearing and profanity.

legendary
Activity: 1628
Merit: 1012
Damn, lost some BTC, but what have we learn from this....

Always keep your coins on your own wallet until you wanna exchange them or use them, just my opinion Smiley
This is why Bitcoin sucks so much, they get stolen the whole time.

Not a Bitcoin flaw.
legendary
Activity: 1890
Merit: 1031
Damn, lost some BTC, but what have we learn from this....

Always keep your coins on your own wallet until you wanna exchange them or use them, just my opinion Smiley
This is why Bitcoin sucks so much, they get stolen the whole time.
sr. member
Activity: 431
Merit: 250
Damn, lost some BTC, but what have we learn from this....

Always keep your coins on your own wallet until you wanna exchange them or use them, just my opinion Smiley
newbie
Activity: 41
Merit: 0
So I prefer storing coins at own wallet.
legendary
Activity: 1764
Merit: 1000
These things just stress the importance of exchanges where the exchange isn't necessary.

Check out Mercury:
https://bitcointalksearch.org/topic/mercury-fully-trustless-cryptocurrency-exchange-looking-for-testers-946174

Still in super early alpha, but if you have something to contribute you should.

Also, http://bitshares.org
hero member
Activity: 861
Merit: 1001
Looks really bad. I don't think there will be any altcoins left.. Too bad he didn't secure his money / his customers money...
hero member
Activity: 591
Merit: 501
Scavenger of Crypto Sorrow
Sad story. Withdrew whatever little I had there just a few hours before the hack. Does the owner intend to pay out the altcoins at least?
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