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I'm not sure how it's being done, but quite a few coins with KGW have just been exploited via timewarp hacks.
Cryptorush is insolvent and disabled all KGW coins to prevent the theft of more coins. I'm willing to bet the stolen nyan is on cryptsy now.
We need to get rid of KGW FAST. Digishield NOW.
!@@!@@!@@!@@!@@!@@!@@!@@!@@! what has the timewarp exploit has to do with the insolvency of an exchange?...
Isn't it just an excuse of malpractice? No other exchange has problems with it.
the kgw exploit means you can mine a lot of coins but don't post it to chain yet. Change the timestamps (to future) and release your adjusted chain to the original chain. diff retarget is less agressive and you can have more mined more coins on lower diff. you need a lot of mining power and really fast scrypts for changing timestamps...
That is what I thought it was, I could be wrong.