Bitcoin Forum

is Coinbase hacked? it seems that many people are reporting suspicious transactions/withdrawals and double charges for bank.

we will see that in the next week:

https://www.reddit.com/r/Bitcoin/comments/4ktvpk/whats_going_on_with_coinbase_very_suspicious/      ;D


https://community.coinbase.com/latest  - many reports from customers.

if you are Coinbase client, it's better to stay away for a week or so...

When the support says "our team is investigating" no doubt that'll be something happen and they want not say, I really hope they solve these problems.

That is just nuts  >:(
A lot of people have their bank accounts linked to them via coinbase accounts. If this is happening for sure then that is major bad news for them.
They just started an exchange for ethereum today too  :-[

Atleast they appear to be trying to appease customers

hopefully they keep following up customer concerns

Let's hope not, if it is hacked it will probably have a huge impact in crypto market(not a good one).
But i agree with @slowdeath, "our team is investigating" doesn't sound good.

their is 100 past n present scammers collaboraing together

as much as i dislike inflation and money printing i cant

wait till the Banks band together to kick their ass once and

for all :)

Yeah, just yesterday i received a email to confirm a unknown device for my coinbase, i thought just i was hacked and went and changed my password but i guess coinbase really got hacked.

what is happening with Coinbase to day, i keep seeing these topics here about them here...

it would be a shame to see such a big service go down and be added to the list of scammers like cryptsy and Gox

"The Halving"

Its life immitating art it sounds like a Stephen King novel and for all these scammers

the odds aint looking good in their favour

move your funds from Coinbase fast !

if Coinbase is hacked, it will take months until you will see the funds back. :)

at least they did not start trading Litecoin yet - so your Litecoins are safe  ;)

Don't worry I don't use coinbase, It has exactly 0.00 bitcoin.

OK.. warning, major conspiracy theory incoming :

~ Was Coinbase a honey pot for the US government from the start? Collecting information on US citizens and their Bitcoin holdings?
~ Are they being hacked, because they turned around and f#@%@ the Bitcoin community, by joining up with Eth? { That is, if they are being hacked, because it was not confirmed}
~ Is this just a fake rumour being spread around to hurt the Bitcoin price, before the breakout? {Halving}

Just throwing some ideas around, to see what people think about this? The timing for this, is just too strange...  ???

Well that's a real bad news for small bitcoiners like me. I have most of my savings in to coinbase account only.

I have just withdrawn all my coinbase funds to my blockchain account.

Are they out yet?

people are teriffied at this stage i think

who knows coinbase might only just be realising its over

Well better safe than sorry... you can always put it back if this turns out to be a hoax. I have seen no public statement from them denying these allegations yet. I hope we will not see a repeat of the

MtGox fiasco. I never used their service, because I do not trust centralized services. There has been reports that people's accounts was closed previously, because they used Coinbase to gamble, and

this was against their ToS. {Which is justified, because it was clearly stated} and also because underage kids used their service and that too were against their ToS, if it was not done via a legal

guardian. Bitcoin should have no restrictions... if you want to use your bitcoin to gamble, it should be your right... or if you are underage, you should still be allowed to use Bitcoin. {You can do both

with cash... so why not with Bitcoin?}   

Well I just checked, all my coins are are still there and I'm not gonna move them, I just can't be bothered to panic every time there is a hack. I have like 98% of my coins with Coinbase and if I lose it all well that'll be that. Coinbase is one of the most well-respected companies in Bitcoin, I trust they will take care of this one way or another if it is indeed a hack.

Yep - there is clearly a concerted effort underway to spew disinformation about Coinbase due to their decision to add ETH. This effort started days ago here and on reddit. I'd venture to guess it is being propagated by many of the same folks that attacked XT and Classic. I suspect its also linked to recent reports about problems with SPV clients, DDoS, etc.  Some core devs recently spread what looked like disinformation about SPV wallets to a random user on one of the IRC channels.  There's a desperate attempt maintain control of development process right now. Do your homework, ask questions, be aware that everyone has an agenda.

I hope not as this would be really bad news for bitcoin security in general especially in the USA.

Ouch - I hope things will clear up!

Another hack or even Mtgox-type scam would be a real bummer.

~CfA~

Bitcoin is dead.

LMAO Teresa!! This does indeed sound like an S. King novel. It could be a prequel to the Dark Tower  ;D

The official line, in response to the reddit thread:

"Thanks for bringing this up. We're working on communicating and addressing these issues with the affected customers. Some public notices are here for reference.
Regarding delayed withdrawals/sells to bank.
Regarding duplicate charges."
- John, Coinbase Support

https://community.coinbase.com/t/official-issue-delayed-withdrawals/11086

https://community.coinbase.com/t/official-issue-duplicate-charges-for-some-customers-on-may-19th-and-20th/11070/21

Coinbase has been pretty solid with transparency in the past. Let us hope this is still the case.

Nah. Bitcoin is still very much alive. Transactions are still confirming, devs are still developing, and most tellingly, this forum is still puttering along.

But, indeed this bodes poorly if something did  happen. They supposedly are the best, so much so, your deposit is insured. Let's hope the claims of enterprise grade security are true, if anything actually happened.

a company should communicate and "say something" not slogans like "Thanks for bringing this up. We're working on communicating and addressing these issues with the affected customers"

"working" means what? is it a tech problem? is it a banking problem? if it's a banking problem, the term "working" is false. you cannot "work" with a bank. you can just talk and done...then you have to wait. :)

Bitcoin Is Dead - Long Live Bitcoin!

~CfA~

Aahhmm NO!!!
When a company can't protect it's customers' funds it doesn't have anything to do with the Bitcoin system itself.
It's the security mechanism by this one service provider that is flawed.
Blame the company!And not the network where it is running on!!

I have already decided not to use coinbase anymore after seeing lots of story of ban for using bitcoin for gambling. And i don't think they have right to restrict it. So i am using blockchain.info from start and i think they are capable of handling this all type of hacking attempt unlike coinbase. Hope nobody will loss their coin or money there, hope coinbase will resolve this and get out from this without lossing anything. I have 0.00 bitcoin there.

the most annoying thing that these companies do not understand is that their clients are expecting honesty.

"you", as company have problems.OK! Any company may have tech problems but say it straight. Don't come with a shitty corporatist-hipster answer like : "we work...". You work on a shit. What are "you" working on?  :)

This kind of answer is fishy and that's why the people are panic....

Let's hope not, if it is hacked it will probably have a huge impact in crypto market ,
 what can i do now i useing coinbes help me now
 

This issue has been going since awhile back then just now.

Its why people leave coinbase because they dont support the people on what to do. Instead youre forced to read on their sub forums if someone went through something similar hoping there is solution.

But since I already know this case, you need to contact your bank and apply a freeze over your account for payment requests from them which can be done.

Some banks may take 2-3 days while others can be done within an hour of the same day.

Coinbase usually fix it their issues, but it takes awhile to their own terms.

It is unwise to think that any online wallet if free from hacking attempts. Coinbase , blockchain.info or Xobit are basically the same as long as wallet has central point of failure it can be hacked.
And how do you know that blockchain's wallet won't change their ToS tomorrow and will ban anyone who ever transferred BTC to known gambling addresses?

I also have most of my bitcoins with them but most of them are in their "vault" storage which they claim being held offline, hopefully at least the vaults are safe then?

I always keep most of my coins on local storage, leaving them up to someone else to handle is just playing with fire if you're doing it for extended periods of time.

I disagree. Not everyone will/can understand the technical aspects of an issue. It would be pointless for them to waste time explaining an issue using concepts/terms that aren't common knowledge. It's best for them to keep it as simple as possible and reassure customers while relying solely on their impeccability as a company. The most important thing is that they acknowledge that there is an issue. By saying "We're working on it" it is understood that they're taking full responsibility in regards to the issue (to the extent dictated by their terms and conditions). Personally I don't need to know what goes on under the hood, as long as they stay true to their word, I'll keep trusting them with my Bitcoins.

It's happen, although the site works now. But for who store bitcoin/asset there, just move it to safe place, use cold storage!! I have told it much time. They have a possibility turn to Mt.gox v2. Beware!!

remember the MtGox messages . one of them was : "we are working on it" :)

Baaad news. Get your money out of coinbase. Only put money you are willing to lose in an exchange for long periods of time. I've been scammed by gox, but won't be by coinbase.

NEWS? Should I get a withdraw?