Bitcoin Forum

from their website:


7170 BTC got stolen from our cold wallet in this transaction:

https://blockchain.info/tx/f5b0363f03e1ed8bb812c135361ea93590c831ce9f13a3750be1b93575baccc6

720 BTC bounty for chasing it back.

All wallets have been shut down and withdrawals of unaffected coins will be arranged later.





BTER.com
Email:support@mail.bter.com
Phone:400-0070-955
QQ: 4000070955


question is: How can bitcoin get stolen from a cold wallet??

Rumours and more info:
http://8btc.com/thread-14084-1-1.html

wtf? BTER Hacked? I want my BTC back :(

Seems there were 2 other threads on the hack. have they been moved ?
This is sad, It definitely will demotivate a lot of people in the bitcoin world

Mind translating what those rumours say , Don't really speak chinese , Japonese or Korean (all looks the same to me yeah)
@OP , There is a simillar thread on Service Discussion btw

~ Madness

 can Blockchain stop all transaction of that address? cant bter get its btc back ?

Tomorrow morning all the newsmedia will be full of the hack details and the price will plummet. Again.

Blockchain is decentralized. No one can really control it. 

I really wonder why this still happens.

One might think that exchanges have learned something form the previous incidents...

ya.ya.yo!

http://bitcoinbarbie.com/bter-exchange-hacked-for-7170-btc/

Not cold enought. Or is it common cold wallets can be hacked  ???

From what I've been told.

Computer with the cold wallet would need to have a virus or be accessed manually by someone inside. I'm no security expert though so some elaboration on this may be necessary

They are chinese...their idea of Cold Storage is putting the computer with the wallet on it in an air conditioned room.

yep...if it really was a cold wallet the only possibility is an inside job

last time they were hacked it was because they used the same password everywhere

Then you need a lesson on Chinese.

PICNIC! :o 0.05% of all bitcoin stolen!

Some damage was done to the charts today. Price may go down $30-$40 then it's business as usual I suppose.

When people are panicking, the smart investors are buying. Sounds like a buying opportunity to me.

Lets hope that doesn't happen. A hack always does plummet the price unfortunately :/

Maybe they have. Claim to be 'hacked' and get away with losing clients funds.

If that was proper cold wallet, then it's likely an inside job.

I have a hunch the market won't skip a beat and will shrug it off, I mean it's not like the coins are out of circulation but are more likely to be horded even, in theory supply wise it should increase the price!

And I'm sure a lot of bad people already own Bitcoin, now they own a few more.  ;D. Nothing to see.

 i want to ask a question.  Bter doesnt use "two factor authentication" ? it s really basic security . it asks that 7170 btc will be sent from your address pls write here your authentication code or pls write here your password in the message on your phone. or it hacked completely??

Bitcoin hack? inside job? scamming al around?

you better call saul! :D

http://cdn.entertainmentfuse.com/media/2014/07/better-call-saul.jpg

https://www.youtube.com/watch?v=-g1IGSM3Hgs

You're being too optimistic.

The market won't wait with reaction until the actual BTC7k hits the exchanges. If traders expect the price to go down, the price will go down.

But in the long run, we'll be better off once all the incompetent exchanges die out.