Quote from: Mika67 on February 05, 2014, 10:53:31 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.

For the exact same reason we're @the same page, I also put my Ltc there to prebuy utc.

I guess we are being frauded > unfortunately very bad rep marketing for this industry Sad

My stuff is sitting here: http://ltc.block-explorer.com/address/LQBAApr6CaP8KUbFEwddpQK4gamXgvfWCe

But now my next qst off course is, can we trust the other well known sides? whom we can trust anyway still?

What are your options? Lets see... MtGox is on the verge of insolvency and is about to pull the same exact stunt but on a scale of several hundred million dollars and BTC-E is in the crosshairs of the Russians, and for every purehearted generous idealist there are ten animals willing to do literally anything to ruin this next evolution of humanity.

Congratulations.