It is imperative to understand that everything was wiped out from our servers and getting functionality back is priority #1.
The wallet part of BIPS was a free service to make payments easier for users.
Web Wallets are like a regular wallet that you carry cash in and not meant to keep large amounts in.
Hence we offered a paper wallet as a cold storage alternative for those who wanted a safe storage solution.
We will be contacting all affected users as already proclaimed.
We will need their consent to hand over information to the authorities for further investigation, which hopefully can assist in catching the thief.
Those who were not affected and have a bitcoin balance will also be contacted.
Most balances left are minuscule, but if you had more than a few satoshis in your wallet you are affected, and will be contacted.
Another priority is doing forensics data recovery to be able to investigate and assist authorities in finding the attacker.
Technical information will not be disclosed for security reasons.
Stolen coins have been isolated and server logs have been retrieved from data recovery:
https://blockchain.info/address/1LuG91tcSQxKj32BsCoRkX7yQLfj9LtkCsPlease be advised that attacks are not isolated to us and if you are storing larger amounts of coins with any third party you may want to find alternative storage solutions as soon as possible, preferably cold storage if you do not need immediate access to those coins:
www.coindesk.com/hacker-attack-polands-bitcoin-exchange/www.coindesk.com/czech-bitcoin-exchange-bitcash-cz-hacked-4000-user-wallets-emptied/Those werent exactly well established players in the bitcoin industry...
Just like this piece of shit.
Problem 4 : Permeating all the foregoing and sufficiently so to become a problem in its own right is the incredible arrogance of the recently liberated corporate slavebois working as independent coders. Seriously, start working on the BTC securities trade system of the future without ever having worked for MPEx, without having humbly presented your inept ideas to the most grandiose master Mircea Popescu (ie, me), without anything like that ? O, why, because youre a special little trainflake of brilliance and genius who can ? Really ?
The story of Pointless and WitlessOne day the woodchipper was invented. Thenceforth :
Pointless : Dont put your hand in the woodchipper.
Witless #n : Stop trying to deny people their woodchipper access which is a god given right god dangit!
Witless #n falls into the woodchipper and dies a bloody death.
~ * ~
Pointless : If you put your hand in the woodchipper youll die.
Witless #n+1 : Youre just jealous because your hands arent as long as mine. Well see who dies first!
Witless #n+1 falls into the woodchipper and dies a screaming death.
~ * ~
Pointless : Jezuz you idiots just leave the woodchipper be.
Witless #n+2 : Why are you being so unprofessional. Also I know better.
Pointless : Various idiots have said this before. Heres some bloody remains.
Witless #n+2 : This is negative PR. You do your thing and I do my thing and well see who dies first!
Witless #n+2 falls into the woodchipper and dies a painful death.
~ * ~
Pointless : Hello sir. Here at BTC House no noob by woodchipper at all.
Witless #n+k : I know what Im doing.
Pointless : You couldnt possibly.
Witless #n+k : Tell you what. You do your thing and I do my thing and well see who dies first!
Witless #n+k falls into the woodchipper and dies a shocking death.
Time to get it through your thick skulls: you don't start a bitcoin business without having first been ok'd by someone. Get with the program.