Bitcoin Forum

Hey guys,

I'm not saying that poloniex got hacked but all ETH deposits are gone.

I deposited some ETH and blockchain tells me that they went through but they aren't shown in poloniex.

I tried to change my password and it didn't let me.

I thought it's maybe only my account that has got problems... but in the trollbox there are a lot of other people having the exact same issues.


Considering the news that DAO got hacked I feel certain that poloniex got hacked.

Read the news about Ethereum and DAO hack, all trade has stoped, plus network is being spammed to prevent further thefts.

Probably your coins are safe but you'll need to wait until trading is resumed.

since poloniex has been one of the biggest places that had ethereum, they may be disabling ethereum deposits to prevent people from dumping their ethereum so they can prevent this altcoin's crash or at least slow it down until they can get out themselves.

My opinion on it is just wait the admin of the site of poloniex because if you siad that here many will panic and they will create a bad effect in poloniex. Just wait . i think theres only a problem on the site or they have only problem.in the admin. I think he have solution on it if they got hacked :).

What news - can you enlighten those of us who don't have any Ether or DAO?

Sure - they sell their own coins and their users have got bad luck and see how the price drops while their coins are frozen - that's a great idea.

I still think it has got hacked.

The blockchain shows that my coins are at the polo deposit adress - but they aren't shown on poloniex.

http://www.coindesk.com/dao-attacked-code-issue-leads-60-million-ether-theft/

It is working fine for me! I just traded some ETH and everything seem to bee ok. Try to send them a PM

maybe they are hacked, it is not impossible.

something similar has happened once before with poloniex and ethereum, if i am not mistaken it was after the first eth pump when poloniex went offline before the price went down and many lost the opportunity to sell their coins before it is late. although it was short that time.

The Etheruem price is quite stable there now. If there is a big drop, some people will borrow Etheum to short, but the lending rate has not increased.

The drop from .027 to 0.21 must have been a huge number of coins that have been sold... And I don't think that any private person has such an amount of coins...

Thanks. How can open-source code get over-written like that? Was there no peer review to make it robust? I thought the whole point of making code open source was that everyone could look at it and find flaws?

It went through.  It's Poloniex witholding everyone's ETH to avoid a major dump.  This could be a request behind the scenes from the Ethereum Foundation itself.

Edit:  The 'request' comment is just speculation, so only take it with a grain of salt.

Yes, saw somewhere that that particular vulnerability has been described in 2015, I guess people didn't pay it enough attention.

You can read everything about this hack and mitigation here: https://www.reddit.com/r/ethereum

I think not poloniex were hacked, but ethereum. read this https://www.cryptocoinsnews.com/ether-price-plumets-ethereum-dao-may-be-hacked/ (https://www.cryptocoinsnews.com/ether-price-plumets-ethereum-dao-may-be-hacked/). and may be disabled temporarily from poloniex to prevent ethereum we lost

Is that true ? it is unfortunate. whereas the ETH is one coin was very good, but I guess after this, the price will decline. I think, it really was a great hacker, because he can steal eth very much

this is one of the biggest reasons that i switched over to BITTREX for all my altcoin tradings. poloniex is too shady and they have been doing a lot of these things that make me not want to trust them at all.

I'll do so too from now.
These are my coins and they have absolute no right to freeze them.

ETH seems so good now. Probably it was temporary problem, nothing to worry about.

That's pretty shoddy. I guess they should have spent less time marketing and more on sorting known bugs. This is a death knell - people accept exchanges etc being hacked because they are localised events, but not the actual code on a contract.

Back to the drawing board for the Next Crypto to Replace Bitcoin!

The 'request' comment is just speculation, so only take it with a grain of salt..

In my opinion, Poloniex is still the best altcoin exchange out there.  I have never had any problems so far with them and will still continue to use it.  It is understandable that they froze ETH trading.  This prevents the hacker from dumping the stolen ETH if ever he finds a way to transfer them to Poloniex.

Imagine if Poloniex didn't care.  All ETH holders will be ******.  And guess what?  You yourselves will be asking why there was no freeze order by them.

not only poloniex, other exchanges are doing this too. With the fork comming they could have problems to handle all transactions so i think it's better this.
The trading inside poloniex is still active tho

Not between the scenes. Vitalik panicked and created a thread on reddit asking for it:

https://www.reddit.com/r/ethereum/comments/4oif2x/dao_attack_exchanges_please_pause_eth_and_dao/

They are acting like central banks. Poloniex froze people's accounts just like central banks do with bailouts. What a scam.

Well, isn't he the lead developer? Why shouldn't he be worried about this?

I don't see the problem in prevent the theft of $60 million...

Ethereum is fine, they said, it's the next Bitcoin, they said...

Poloniex is probably trying to stop the dump of Ethereum that is plaguing other exchanges, and considering the value of ETH is down 14% now, it seems like they may have made the right decision, but the day they open the exchange again the value is going to be lower.

Everything is probably fine...

Ethereum is spamming the network to slow an attack which was executed on the DAO - Sit tight - some things are happening this may not be Poloniex's fault

yeah it is so funny they have been trying so hard to prove that ethereum is good and is going to replace bitcoin while it gets hacked!

the funnier part is the desperate eth supporters who have been spamming in the forum especially in speculation board to slow down the dump.... poor mods that have to remove so many spam in that board each day

This is why you don't store your Bitcoins in websites like these.

Or any website for that matter.

Yes, this is a good attempt to froze Eth trading for the time being. This will be definitely help Stop from the hacker from dumping the Stolen Eth. Such steps  should be taken by all the exchanges for the betterment of the coins and in general interest of the public.

Well this is definitely going to shake up the ETH trust when it comes to an investor's perspective, and I wouldn't be surprised if there are more dumps on the way on other exchanges. If someone was able to hack the network and steal coins from people without having to get access to a website, I'd say fuck that shit and get out of it. A crypto should never have the network hacked, and if it is, it is a failed crypto. The fundamental security is compromised.

 I sure hope Polo is ok.. All my BTC is there..

It's already open again.

My missing coins also "arrived" or got unfrozen.

polo is ok. its eth that has problems.

This is definitely the end of them, though holders will take some time to accept it. Digital money only works if the code is secure. If it is not, it's a crap-shoot.

This dammit. This thread title sent me on a wild goose chase for a while as I researched the possibility of poloniex being hacked. It hasn't been, but the dao token protocol has been compromised in some way. So TLDR: poloniex is OK, it has not been hacked.

But on to the dao shit..

Really? It was the biggest freaking crowdsale in recent memory and it had to fuck up like this? We said that was too much money for such an experimental technology (talking about investment vs research and development) and no one listened.

so,etherum and DAO got hacked?or they being in trouble?why its can happen same time between DAO and etherum?i this doing by same person or team?
i wish its going normal again as soon as possible,i love that two altcoin,for trade of course.

Just found that there is 404 not found message in poloneix, this may be another DDOS attack or they are trying to stop trading for alts due to this 2 million ETH in hackers account ?  ???

EDIT: it seems poloneix again loading, may be there is going something behind the scene.

withdrawn your funds from https://poloniex.com !

Poloniex is fine, it was DDosed. The funds are safe there. I just accessed and traded there without any problems.

Why do people enjoy writing BS as soon as they have some small problem? Polo HAS NOT been hacked, pls stop spreading FUD, it helps noone and it does not help you either.

Making for some good deals though, Eth down 28% and DAO down 40%. ♫ buy low.... sell high ♫  8)

For all the rest of you:
https://blog.ethereum.org/2016/06/17/critical-update-re-dao-vulnerability/

damnit, this is bad news for all ETH and DAO investors, i was bought DAO when it was at @22k sat, and now its at@15k sat

And the most delusional bag holder awards goes to.... Seriously how can people still have any faith in this coin and any of it's development going forward? Poloniex was not hacked but because there was a big hack on an unstable coin they halted all wallet activity. $50 million in ETH hacked out of the DAO.

The hacker is seriously good for breaching eth and dao, and what a big lose for losing all eth volume for that exchange surely many people same as i are doubting to stake in eth since tha hacker get almost 50million eth, it can create panic for eth bag holder to do massive selling.

Oh i will sell my eth now i dont want to see my profits gone if the hacker dump the eth he holds and it can destroy the effeciency of the coin in tradings.

i doubt the DAO problem can fixed perfectly, for me at this situation better we sell all of our altcoin then start using paper wallet to save our bitcoin, don't save your bitcoin at exchange durig bitcoin price rising.

I've bought quite a few different types of altcoins in my short time with cryptocurrencies, but I never bought into the ethereum hype. There were just way too many obvious fake shill accounts promoting it all over the place. It would appear poloniex.

The DAO? http://allcoinsnews.com/2016/06/17/thedao-market-report-down-48-83-on-the-month/ (http://allcoinsnews.com/2016/06/17/thedao-market-report-down-48-83-on-the-month/) not good! It's just tanking like crazy.

I dont get how DAO gets hacked...

This is why centralizing coins sucks no matter what.. okay so the real question is now what alt exchange is safe to use at this time?

I`m sure this is done by some rogue employee that worked for poloniex.

That is not neccessary for changing paper wallet because bitcoins has strong security and it was proven for so many long years theirs no history shows that hackers breach the bitcoin network, and for dao,s issue maybe they have some lapses on their security thats why hackers find some loophole to breach and seize the their alts and surely for that dao will fix their system security correctly and maybe this is lesson to learn with them to maximize their security and eliminate these fault.

Well, DAO seems to be dead, that s for sure. However, Ether and the rest will recover.

This is why I hate crypto anonymity, that hacker should suffer big time.

this thread is about Poloniex. :)  was it hacked or not?

No.

Some major bitcoin players have halted Eth withdrawal due to the bug/hack. Hashflare has halted ETH withdrawal due to the ETH/DAO hack too.

No - it is bad news only for you

sorry to hear the bad news,

Oh ok.  For a while there I thought I was talking out of my ass.  Thanks for the link, some interesting comments there.  They were really panicking.

These coins look like clowns entertaining the audience in the circus (ongoing markets).
You should remain careful these days when you know prices are being pumped ahead.

ETH shouldn't of been trusted in the first place.

Just stick with Bitcoin.

That's exactly what I am warning my friends for. The current sentiment is just a hype. If you want security makes sure to trade wise.
And remember transffering coins is never a safe thing to do.

Yes. Especially if the core ETH team somehow couldn't managed their venture investment funds properly, or so that's what I read in news medium.

Well its better to bye bye on ethereum i just heard that ethereum devs and dao is the same person.. better  to don't expect for electrum.. poloniex is not scam. its an ethereum devs fault..

Can you show the link where you read that those developers are the same?
Poloniex did encounter problems btw. Recently the site is slow or not accessible but hacked? No they have been in the game too long to get hacked.

Poloneix is oviously not hack actually eth is hacked from DAO tokens due to faulty code in spliting feature of DAO smart contracts. Polo have only stopped withdraw and deposits according to request by ethereum foundation.

Poloniex is exchanging ETH. Anyway, they are fucked now. They own like 10% from ETH.  LOL

If ETH goes down, Poloniex is going after them too;  so, be careful where you keep your funds ;D

it seams Kraken is fucked too. they have "millions" worth of ETH

What do you mean with that?

Those coins belong to users, or do you mean they invested in Ethereum, if so why are you assuming they didn't made profit already?

10% from ETH belongs to users? they are fucked like shit. ETH will lose the value because it's hacked and there are chances to be closed :)

http://etherscan.io/address/0xb794f5ea0ba39494ce839613fffba74279579268

So?

Coins lose value all the time...

Why are Poloniex and Kraken fucked?

Well ethereum goes down its not fault devs and i think the its the main reason is dao got hacked.. and now they are f#ck hard this is impossible that ethereum will recover again from that price. and i think ethereum will go back below 1mbtc .. don't expect too much in ethereum.

maybe you are right but, last month ago ethereum also down under 0.016 and rising again to 0.03 i think ethereum will reach 0.02 again.
i see some whales still trade at ethereum.

Ironically, this actually might be a good example as to why you might want to keep some of your money stored on an exchange verses keeping control of the private keys. For altcoins at least.

yeah only if you want to take a very huge risk of losing your money in a very long and excruciating series of excuses made by the exchanger saying fist we have trouble with the wallet, then stop answering you, and then one day say we were hacked and meanwhile you see them running away with your money :)

Poloniex is running okay for me. What's the issue here? Or is it isolated only to ETH?

Always assume that everyone and everybody is trying to scam you, that way you will be lessen the risk of being scammed. Therefore be careful always. It is not shocking that Poloniex got hacked anything in our modern time is vulnerable to hacking.

yes, hacking will happen from time to time, such as the recent DAO attack, which can happen anywhere. So the best way to secure the money is to put theme under your control, not to put money in exchanges or any other third parties.

the loss can be huge. Poloniex owns over 10% from ETH.

That is just a rumour. There is no hack and the Ethereum price is still above $10 even after the DAO hack.

Which is a small wonder in itself, that the price is still above 10.