We are currently working on an investor portal so that bitfunder share holders can verify their shares directly with btcQuick. We will be posting more info on this in the next week or so.

We had a net loss due to a security breach in on of our exchange accounts. After much investigation it has been determined that the individual used social engineering in order to gain access to our email server, reset passwords, and confirm bitcoin withdrawals. We made the decision to halt operations temporarily to perform our investigation and ensure that our servers had not been comprised. We determined that nothing was comprised other than our email and one of our exchange accounts. Our hot wallet was not breached and it is setup to only contain minimal amounts of bitcoin to keep up with orders. We have not received a chargeback request in over 30 days, this is due to the Identity verification Questions and miiCard integration. (Here are the bitcoin address's used to extract the stolen bitcoins 1CetsyAtp8zPUc2qbgCzoN3BnUwJrh1C6r, 126MKqkGBFgS59XGGus5pnC1iRyU96VgRn, 1NXubBjnGtuFYLwYab24ehazj2SoYQhxYA, 14W679mU5eeb5F8sbezoCJfe4UoiE2ENNu, 1A3vMK42Y43oecXmaXc4tY7boeecPeEF4h).

We had partnered with inputs.io to allow instant payments to our users, since hearing about their security breach we have ceased the ability to funds those accounts.

Moving forward we will continue to improve our service and focus on security improvements. We will be moving away from Google Checkout on november 20th as their Digital Goods platform does not allow us to keep up with our current volume (due to a 30day payout schedule). We have several other options lined up to takes it place. We will be requiring two factor (SMS or Google Auth) on all btcQuick accounts in the coming weeks. It is unfortunate that bitcoins services experience hacking attempts but it speaks to the growing legitimacy of bitcoin. We hope that we can continue to service our customers around the world as more and more people hear about bitcoin.

Thanks,
Ascension