Quote from: droideggs on February 05, 2014, 10:41:53 AM

Quote from: jacobshm on February 05, 2014, 10:40:49 AM

Quote from: bumface on February 05, 2014, 09:24:59 AM

i just got word freshmarket is being held hostage Angry

this message was posted in the chatbox or coinex.pw

UTC_Ultracoin:

I'm really sorry to say this, but it seems that our security system wasn't enough. Just now i received a message from someone that he has hacked our exchange, and if we want to stop this, we have to pay 10 BTC. Obviously, we are not going to pay our users' money, and we temporarily closed the exchange. We have made an secutity audit to see what's missing, and found ~1200 LTC stolen (nearly 40% of all LTC), nearly ~50% of LEAFcoins, and ~20% NYANcoins. All other currencies remained nearly unchanged. Just now we deciding what refund can we make (dev team has nearly 200 LTC on their own, and i can give up some too). We will make a message after we have an agreement. We will 100% refund all other (not-leaf, nyan or LTC) currencies, and try to refund as much ltc as we can. As i see, it was sql-injection, but it doesn't helped him much - all passwords are stored as hashed ones. So he just brute-forced all low-security passwords to steal their money. So if you haven't got email auth - it is possible that your account was just jacked. I also have possible ideas about openex malware in source code, but without proofs i can't do anything.

I think im going to be physically sick... Lips sealed

i transferred 90 litecoins there an hour before i went to sleep just to support bumface's new coin, bought over 2.5k UTC and had the rest on order, what the fucking hell. And no i haven't been holding them since they were a penny, those were a major part of my investments...

This is why cryptos are doomed to fail.

This is why the average joe should never touch BTC or anything like it. There is way too much risk for regular folks and way too much profit for some piece of shit hacker.

This grand experiment is a mistake.

It's why Crypto exchanges should be REGULATED. Plain and simple.

I finally get it, i didnt during the NYS Reg hearings but now i do. The government is right, fuck me Huh