Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
^^ I especially love "However, the malicious external party involved in this breach, managed to alter our system so that ETH and BTC deposit transfers by-passed the multi-sig cold storage and went directly to the hot wallet"
Sounds legit
Sounds legit
It seems these things are often partially or wholly inside jobs.
That Gatecoin crap about by-passing the multi-sig cold storage sounds very similar to the Karpeles crap about a leak in the Gox cold wallet.
I expected a giant dump when the news got out, but the Bitcoin market seems unfazed. Maybe it's because bulk of what was stolen was ETH.