Quote from: demgains on July 16, 2014, 02:31:01 PM

I moved all my coins off MP to my wallets as well. MP has lost alot of its credibility and I dont see them regaining it anytime soon. Will there ever be an exchange that is credible and transparent?....who knows, but for all investors, don't store your coins on exchanges. I still have .2 BTC worth of a few coins on other exchanges, but they are for not a concern. My MP wallet is now in my own possession, I dont think anyone should trust MP anymore with their money, especially if you hold large amounts of a coin.

I'm liking the way Poloniex Handles themselves.

Quote

Dear Users of Poloniex,

As you may have heard, a hacker recently used an exploit to steal 12.3% of the Bitcoins on Poloniex. Details on how this happened can be found in this announcement post: https://bitcointalk.org/index.php?topic=499580.0

In order to keep Poloniex solvent, all BTC balances were deducted yesterday by 12.3%. No further deductions will occur. As soon as I have time to put it up, you will be able to view exactly how much BTC you are missing on your Balances page.

I deeply regret that this happened, and am committed to repaying the debt and making Poloniex absolutely secure. Any exchange fees collected since the incident will be used to pay back the debt at regular intervals. Exchange fees will not be raised.

Additionally, shares of Poloniex may be issued, the profits from which would be used to repay the debt and hire highly qualified security experts. The timing and details of this, and indeed whether it will occur, have not been decided. I invite you all to give your input on these decisions by voting in the following poll and, if desired, leaving a comment: https://bitcointalk.org/index.php?topic=500578.0

Since the incident occurred, the way withdrawals and order creation are handled has been redesigned so that all such requests are added to a global command queue, then processed sequentially. More automated checks for consistency of balances have been added. Larger percentages of coins have been moved into cold storage. And as of today, I am searching for additional developers to bolster the security of Poloniex as much as possible, and as soon as possible.

Here are some specific details about the hacker.

BTC addresses used to withdraw stolen funds to:

1ABnAg2nK3M6YKmaYtL5EBgdp1VQGyTbjL
18sdMt7ENfU3Weq7vy1Qdqr3skgd47WEbe
1Ktq7TE3J5vZ3c99M5weqKfFcNkHQdqPrq
1C1acLbFh3KaKgdFUBuCV8oD7ucqUaLLLY

IP addresses used to place the withdrawals:

61.161.143.175
126.11.105.45
122.143.3.144
60.10.69.65

Email addresses used to log in:

373287211@qq.com
gasthalter@qq.com
group_124@qq.com
johnimmi_234@qq.com
liuxiaohong_819@qq.com
peabody_129@qq.com
stevencohen_998@qq.com
wangweida_123@qq.com

The total BTC stolen was about 97. The addresses will add up to more than that; this is because the hacker needed to deposit BTC several times in order to use the exploit.

Finally, I would like to extend my deepest gratitude toward the many people who have shown their support, who have vouched for my character, and who have offered help. In this time of extreme and continual stress and worry, I truly appreciate it. I will do everything in my power to return your funds to you as soon as possible, and I am grateful for your patience in the meantime.

Sincerely,
Tristan

This On I had to prompt them for.

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Dear Users of Poloniex,

As you may have heard, an attempt to hack into Poloniex's hot wallet server via social engineering was made several weeks ago on May 3rd. The attack was successfully repelled and no funds were taken, but as a precaution, the old BTC hot wallet had to be considered compromised. This means that any BTC or XCP addresses generated on or before May 3rd should NOT be used for deposits.

This email is notify anyone still using such addresses that funds deposited there will soon no longer be recoverable. Future deposits to such addresses may be LOST. Please do NOT send any more BTC or XCP to any deposit address generated on or before May 3rd. Any BTC or XCP address currently appearing on your Balances page is valid.

Thanks,
Tristan D'Agosta
Poloniex, LLC

I am sure they are doing their best and have my trust, for what that is worth.

Quote from: rippleme on July 16, 2014, 04:27:39 PM

I only use exchanges to buy or sell coins the withdraw immediately. As someone mentioned above keep your coins in your wallet, there have been far so many cases of exchange hacking and they won't stop anytime soon.

Tough to do If you want to place walls.

Quote from: niothor on July 16, 2014, 03:36:11 PM

Quote from: CodeHunter on July 16, 2014, 06:47:58 AM

Vericoin is the only alt that's not a scam.

Everything else is crap. They're all shady.

While VRC has talented devs that made themselves public. And they're being pragmatic.

LMAO!
If vericoin is the only alt that is not a scam then cryptos are doomed.

I was more diplomatic in my response! Tongue