WOW this is a good sign if we are being ddossed all over the place, XBC is a force to be reckoned with. You won't see me doing a noob panic sell once POLO opens..I will probably need to upload more btc!! Nice to see more of the Community here and the IRC is packed daily..also hello to Armin too!!

What happened was an attacker used social engineering to gain root access to a wallet server. This was made possible by absolutely jaw-dropping negligence on the part of the hosting provider. Fortunately, I caught the attempt in time and was able to shut down the server before anything was taken. All BTC has been moved into cold storage, and then next step is to set up a new server with a different provider.

Please stop sending BTC to your old BTC deposit addresses. The funds will not be lost, but all new addresses must be generated, as I must assume the old wallet is compromised. It is very unlikely that it was, but "unlikely" is not good enough.

I appreciate everyone's patience while I take proper security measures before bringing the exchange back online.

Hello my Lovely Peeps..sorry I am not too active today..I been vomiting with migraine and my Mum just phoned me to tell my my Aunty just passed away and I was very close to her emotionally,so it's a crapola day our end..I just need to get through today and I will be active tomorrow and also will send something to dev fund tomorrow..

Bitcoin, Peercoin, Novacoin, Mintcoin? Not quite sure what you're getting at here

When you're all done playing the game of the Greatest Fool here, those of you who make some BTC, be sure to support the first coin that made these new types of clones possible.

That's my hope to learn from what they did and get one going asap.

So roughly 8 days till POS @ 1.5 minutes per block !!!

As always: The rich get richer, and the poor - poorer such is the nature of mankind

It does not seem like there is anything innovative about this coin.

Am I wrong?

I must say when someone says ---- premine.... of course
it really shows how bad the scene is getting and sadly I do not see the trend reversing.

Ask yourself, why would someone pick up a site which has one of the worst reputations right now, and put money into it, actually believing they can turn the reputation around?

They wouldn't, not anyone with sense.

Seeing I can't do much with the funds stuck at Cryptorush.
Are people aware you can buy and sell at "ANY" price?
Willing to help out some little guys if you know what I'm getting at with the above.
Also found out you can't buy or sell to yourself

you would be and idiot if u sent btc or litecoin there .they have a warning at the top of the page.its no secret nor a scam.they have stated everything quite clear about what they are doing and how they are trying to rebuild from what the old owners done to site.remeber these guys are all new management/owners team.they are not responsible for the action of the sites old owners but yet they promised to make it right but it will take alittle time.you need to go talk to them in chat on CR or do some reading before u post trash like this bro.u are so far behind updates its not funny.they are online 24/7 just about to answer any questions u might have.just log in and ask away.better than acting like a child and spreading lies and false accusations in here.just makes u look like a fool.

anything scrypt based at this point is worthless.

Is there anything new in this coin for the world, community and technology?

What happen to lazy coin exchange ? They change their mind not to add this coin ?

Question is what I should do next:
1)Sell everything and cancel my preorder? This will give me around 9000$-10000$. And I will be out of business
2)Switch to Scrypt-N mining or other coins that are not affected by ASIC? Hopefully prices will rise
3)Sell rigs and order 4 more LA3M? This will give me more less this same rigs speed but power costs will not be a problem
4)Sell everything, pay rest for pre order and keep fingers crossed that Alpha Technology is not scam and they will send ASIC in July.
5)Something else?


I'm changing my mind everyday in last few days so any suggestion will be appreciated.

Regards

Bye, cryptorush.

Hey guys,

Just thought I would post an announcement about the status of BlackCoin at Crypto Rush. As you all know there was an unannounced fork earlier today that caused many people to upgrade without proper notice. We at Crypto Rush didn't find out until 7 hours later. For this we apologise about our slow updating to the new version causing many traders potential losses. This is where we announce that BlackCoin was stolen from us by users, caused by a bug in the BlackCoin daemon.

This bug came from the way stake coins work and how they respond to RPC calls and getbalance [accountname] queries, something which we rely on to operate our exchange. Up until this upgrade we had no issues with using BlackCoin and it was trading perfectly well. The bug with the stake caused everyones user balance to inflate to an extra 22 million coins. This is similar to the Zeitcoin issue in the sense that peoples balances were wrong and therefore withdrew more than they had. It's really getting old news for us, and this time the loss was even bigger than Zeitcoin.

Here's a generated report showing some figures.

Total withdrawn: 20,381,892.41143484
Total deposited: 20,448,517.07003221
Total stake generated: 1,640.08575003
Supposed current site balance: 66,624.65859738
Consolidated reported current site balance (user daemon accounts): 22,052,756.46576266
Actual daemon balance: 68,025.87273473

As you can see, the report showed that every combined users reported balance is over 22 million when our wallet balance is only 68k. At the time we pulled BC offline after the update we had only 53.xx coins on the balance. This is a clear sign of a stake bug, and as you can see by this daemon call it confirms the origins of the bug.

./blackcoind getbalance ''
-22052702.65300247

This is because, as told to us by the developer, a bug where the state generation takes away the amount from the main account while still generating the amounts under the specific daemon accounts. We were working with the developer for a while to resolve the issue, and he did fix the bug in the daemon, making our statistics report correct again.

Total withdrawn: 20,381,892.41143484
Total deposited: 20,448,517.07003221
Total stake generated: 1,640.08575003
Supposed current site balance: 66,624.65859738
Consolidated reported current site balance (user daemon accounts): 66,624.39639811
Actual daemon balance: 68,025.87273473

After we confirmed this data and had the developer confirm with us that this was indeed a bug, he responded with the following: "i see these numbers, what do you expect from me?". He is refusing to help us in solving the issue. For future reference here is a complete pastebin log of the chat since I joined the channel #bcdevmeeting and my conversation with the developer http://pastebin.com/qW3xRmcL. The log clearly shows him helping us solve the problem and admitting to a bug, but refusing to have any care about how to resolve the situation.

Obviously we knew as soon as we took off the BC markets for a second time it was a serious issue. It took us long to generate the data and reports to confirm the exact amount of loss, which is 1554503.10052230, 121.xx Bitcoins at the time of writing. It was taken by users who withdrew coins they knew did not belong to them. We had one user come to us and report that he had more balance than he should have and wanted to give them back. A very warm thanks to this user, we need more people like them in crypto. A couple of other users notified that balances just "popped up" for them after the update.

To top it off, as soon as we launched BlackCoin's update we underwent a 8 hour constant DDoS attack which we've now since patched and blocked. This just adds to the mess and situation that everyone had to go through.

Guys, all I can say is, we're totally pissed off that this happened for both us and for everyone affected. Me and the team work very very hard to keep up with everyone's messages, tickets and IRC chats while continuing to develop the site and fix any bugs that arise. My personal opinion is if this fork was realised sooner it could have been better planned. There was absolutely no prior warning to it happening. I can't believe that we are the only ones that were negatively affected. I'm sure there are tons of users who lost out on great trading opportunities due to this fork and downtime on other sites.

Once again we apologise for our own issues with both downtime and late upgrades of the client. We'll post more when we know how we can pay back affected users or get some compensation for this massive massive loss. 100 BTC doesn't just come out of thin air, so please be patient while we make this right. I'll answer as many questions as I can here publicly about this issue, any off-topic questions will be ignored unless relevant. If anyone has any suggestions for how we can solve the issue, please do let us know.

Until further notice BlackCoin trading is suspended on Crypto Rush.

Regards,
LaZ
Crypto Rush