Still not over yet and even when EtherDelta is up and running again they will have to put a lot of effort into convincing people that it's safe to trade there.

They do have the advantage that there isn't really anywhere else for people to trade such a variety of ERC20 tokens but security should be the priority. And now everyone should know that they must only trade on EtherDelta if they are using either MetaMask or the even safer option of BLUE chrome extension.

Either of those options would have prevented user's private keys being compromised even if the user had attempted trading on the fake EtherDelta site.

Maybe Zuckerberg has been reading into Amazon's interest in cryptos and doesn't want to be outmanoeuvred by a rival tech company. It just takes one of them to blink first and then the others will be forced to look at how it can improve their businesses. Even if this Litecoin story isn't true the issue is still relevant and will be one to watch in 2018.

As crypto investors we have to take personal responsibility for our security. This is proven by the latest EtherDelta hack as well as many other exchange/wallet hacks before this.

We simply cannot rely on exchanges alone to protect us.

For example, nobody should be leaving their funds on EtherDelta but after this hack it has become apparent that many people are still doing this.

Anyone who went through the simple process of setting up either MetaMask or the BLUE chrome extension would have kept their tokens safe from these ED hackers. We need to promote education and personal responsibility otherwise fear of getting hacked will keep mainstream money away from crypto.

Ethereum BLUE goes a lot further than any other security project to address the issues you've raised. I am an investor in their coin (but not a team member or dev) and I think they are going to be the future of Crypto security.

You can check out their bitcointalk thread and whitepaper here:

https://bitcointalk.org/index.php?topic=2279214.0

This is a very speculative article but the argument does make sense. There's also some good commentary in the Reddit thread.

http://www.zerohedge.com/news/2017-12-21/why-charlie-lee-sold-his-litecoin

https://www.reddit.com/r/litecoin/comments/7l9ebm/rumor_zerohedge_is_calling_the_surprise_facebook/

Firstly, we all know that Litecoin is a much better option for fast, cheap, everyday transactions when compared to BTC.

Secondly, crypto is becoming too big to ignore and at some point one of the biggest companies on the planet will make the first move and offer some form of crypto integration into their products and services.

The ZeroHedge article suggests that Charlie Lee cashing out his LTC holdings would be a pre-requisite to Facebook partnering with them and this also makes perfect sense.

Also, as one Redditor points out, FB could save a huge amount on transaction fees by using LTC as opposed to USD.

Either way, it's never been a better time to be an LTC hodler!

You can move your tokens out of EtherDelta but don't attempt to log into the site as it isn't safe yet.

I would recommend joining the Ethereum Blue Telegram group and reading their pinned post which gives step-by-step instructions on how to move your tokens out of EtherDelta. The admins and members are really helpful and you'll learn a lot about crypto security.

https://t.co/RoxhCbc3ku (BLUE Telegram link)

I would also strongly suggest using either MetaMask or the BLUE chrome extension in conjunction with EtherDelta in future as they will both prevent your private key from being exposed to EtherDelta and protect you from situations such as this ED hack.

I feel sorry for the ones who may have done a quick bit of buying/selling on ED yesterday, not realised they've been phished and then set off on journeys to be with family over Christmas and New Year. They might not have the intention to come online for several days so imagine their reaction when they find out.

DNS got hacked which means the hackers were able to put up a fake ED site on the real ED domain. Anyone who was trading without MetaMask or BLUE chrome extension would have entered their private key into the fake site and the hackers would then be able to steal everything in that wallet.

If you are using MetaMask or the BLUE chrome extension then you will be ok. If you are using MyEtherWallet or entering your private keys directly into EtherDelta then your funds are at risk so you need to get them off EtherDelta as soon as possible BUT DO NOT LOG IN TO ETHERDELTA!

You can get step-by-step instructions on how to move your funds without logging into EtherDelta by joining the Ethereum Blue Telegram group:

https://t.co/RoxhCbc3ku

So far they have given the best advice on how to deal with the EtherDelta hack and they've already helped lots of people to safely move their funds out of ED.

I've been looking forward to IDEX launching as it has better technology than EtherDelta but it would be interesting to know if it gives you the ability to trade contract addresses. I'll send them an email and see what they say.

What's really unusual is that rather than just throwing up a fake site, these hackers have managed to get access to the EtherDelta DNS servers and put a phishing site on the real EtherDelta domain. Think about that for a minute.

Tens of thousands, maybe even hundreds of thousands of people may have logged on in that time without being able to tell the difference and ended up handing over their private keys to the hackers.

You are entitled to think that if you use ED through a bookmarked link that you've always used then you'll be safe but even that wouldn't protect you in this instance.

Also, etherscan.io seems to be having some SSL issues so please avoid for now.

Guys, EtherDelta has been hacked as of yesterday. Their DNS servers were hacked so the scammers put up a fake site and stole the private keys of people who sign into EtherDelta directly.

This is worse than the usual fake sites because this time the fake site was published on the real EtherDelta.com domain. So even if you visited the site from a bookmark which you thought was safe, you may still be affected.

Nobody should log into the ED site until it has been given the all clear and even then you may need to take additional steps to ensure your tokens don't get stolen. Please see my signature for more info (I'm a supporter of BLUE, not a member of the team).

For those who aren't yet aware, EtherDelta's DNS servers were hacked yesterday (20th December 2017). This means that hackers were able to put up a fake site on the real etherdelta.com domain so anyone who used the site in that time (even those who only visit the site from a bookmarked link) may have given their private keys to the hackers, who have then gone on to empty those wallets.

If you use MetaMask or the BLUE Chrome extension then your tokens are safe.

But if you use EtherDelta or MEW without MetaMask or the BLUE Chrome Extension by entering your private key directly then you need to take action as soon as possible.

PLEASE DO NOT LOG INTO ETHERDELTA AS THE SITE IS STILL VULNERABLE. ETHERSCAN.IO IS ALSO HAVING SSL ISSUES SO PROBABLY BEST TO AVOID IT

Right now the best thing you can do is to join the Telegram group for Ethereum Blue at this link:

https://t.co/RoxhCbc3ku

Once you enter, you will find a pinned post which has step-by-step instructions on how to move your funds out of EtherDelta without logging in to the site. The devs and admins in that group have stated that they are ready to help every single person who has funds stuck in EtherDelta.

There's no charge for this and there are some genuinely helpful people in that group so you can ask questions if you are unsure about anything. I'm also happy to answer questions in this thread and will try my best to provide updates on the situation.

Full Disclosure: I am NOT a developer or admin in that group but I am an investor in the BLUE token. I'm sure there are many people who may have funds in EtherDelta which will come in useful over the Christmas/New Year period so please help to spread the word to people who need help with this EtherDelta hack. It won't cost them anything and hopefully we can all learn some lessons going forward.

Probably best to wait for official confirmation before logging in though. It will be interesting to see how they manage their reputation after this because people will want to know how this happened.

This could also be a great opportunity for up and coming decentralised exchanges such as IDEX.

I don't think it's been 24 hours yet so there must be a lot of people who aren't active on Twitter or maybe they're just hodling and don't feel like checking into EtherDelta every day.

Also, the timing of the hack means that loads of people will be travelling to be with family for Christmas so they might not be aware even for another few days yet.

Yes, agreed. If we want true decentralisation and all the associated benefits then we have to accept exposure to shitcoins and hope the market treats them accordingly. Although that will depend on investor education and having trusted institutions to call out scam coins when they see them (Ethereum Blue does exactly that so please feel free to check them out)

" At this point we are ready with the blockchain implementation, with the SPV wallet for XFC (for the assets the SPV wallet will be only ready in the first quarter of 2018), the in-game wallets are ready including the assets part. We are waiting that the blockchain, that is integrated both in the game and in the exchange, is delivered to us, together with the DigitalTokens exchange.
The upgrade of the gaming platform will take a little bit longer but we are confident that everything will be in place before the end of Q1 of 2018. I can tell you the new team is doing a great job and the improvements will take your breath away.
The Android mobile app will also be ready before the end of Q1 "

That's the full paragraph from Octa.

The majority of what is he talking about with regard to the end of Q1 is to do with gameplay. SPV wallet for in-game assets, Android mobile app and upgrading the gaming platform.

This isn't a big issue because the game is already enjoyable and works fine.

The new blockchain and internal exchange should be ready much sooner. It's obvious that ANX are taking longer than expected but there's not much more that FootballCoin devs can do about that other than keep asking them for updates.

Which is the same us investors have been doing to the FootballCoin devs.

It's also important to note that Octa says external exchanges have already been applied for so at least that process is underway and will allow trading of XFC.

I don't think we're going to get one specific day where every single part of this project is launched at the same time and we all become instant millionaires.

It looks like the blockchain and exchange will be released first, followed by listing on external exchanges, and eventually upgraded gameplay.

Hopefully we will see a gradual increase in the value of XFC as these goals are met.

What's even worse is that people are still mistakenly buying this coin instead of ELYTE. This is mainly because ELYTE hasn't been listed on EtherDelta yet whereas the scam coin ELITE is still listed there.

Hopefully soon EtherDelta will listen to the community and delete ELITE so more people don't accidentally buy it.

ELYTE can be traded on EtherDelta already by using the contract address:

https://etherdelta.com/#0x05d379b48a8622ae4018309e116420db4a38a225-ETH

Once it is officially listed in the next few days, we will be able to find ELYTE in the dropdown menu of EtherDelta.

People were given one week to claim their ELYTE. That isn't a huge amount of time but it's reasonable to expect that most people would check this thread at least once in 7 days when you consider that it was such a critical time in the future of ELITE. Many posts had already been made so people would have had plenty of opportunity to know that they should keep an eye on this thread before the deadline was even announced.

The deadline was necessary so that there could be an end point for ELITE and a starting point for ELYTE.

ELYTE is still very cheap to buy as it hasn't been listed on CoinMarketCap yet and is still unofficially listed on EtherDelta (this means the name doesn't appear in the dropdown menu yet but you can still trade it via the smart contract address below)

https://etherdelta.com/#0x05d379b48a8622ae4018309e116420db4a38a225-ETH

You can check out the ELYTE whitepaper at www.elyte.biz where you'll see visible team profiles (unlike the scammers of ELITE) so you can be confident that this project will last and you can invest in it.

Did you read the last few pages of this thread before you posted?

Your frustration would be understandable a week ago but in the last few days we've had a lot of new information which shows that FootballCoin isn't a scam.

We've confirmed that the majority of ICO funds are still in place (other than what was spent on building a new blockchain), the website has been updated, we've seen glimpses of the new internal exchange and Octa has confirmed which external exchanges have been applied for.

I would urge you to read the last 3 pages of this thread to get yourself up to date.