Is it possible that these powerful people vote for themselves (another account) to get 1000 dollars per day?

Anyone using Kraken to share some experience?

I have joined the crypto world and searching for the best altcoin exchange - reliable, stable in terms of support and uptime, and also I want to be able to deposit cash, so it needs to accept cash deposits and verification to happen relatively fast.  Would appreciate any advice! Thanks

The largest bitcoin and ether exchange in South Korea by volume, Bithumb, was recently hacked. Monetary losses from compromised accounts have started to surface, and are quickly reaching into the billions of won.

With a reported 75.7% share of the South Korean bitcoin market volume, Bithumb is one of the five largest bitcoin exchanges in the world and hosts over 13,000 bitcoins worth of trading volume daily, or roughly 10 percent of the global bitcoin trade.

The exchange also hosts the world's largest ether market. While trade in the South Korean won currently makes up the fourth largest currency market for bitcoin, trailing the US dollar, Chinese yuan and Japanese yen, the won market is Ethereum’s largest. Bithumb accounts for around 44 percent of South Korean ether trading.

A cyber attack late last week resulted in the loss of billions of won from customers accounts, according to a major local newspaper, the Kyunghyang Shinmun. One victim alone claimed that "Bitcoins worth 10 million won” in his account “disappeared instantly.”

Hackers succeeded in grabbing the personal information of 31,800 Bithumb website users, including their names, mobile phone numbers and email addresses. The exchange claims that this number represents approximately three percent of customers

But now it is over 2k a coin, I doubt the same scale of growth can happen in a couple of years... I certainly hope does however.

Ehh, Reddcoin seems like a blatant attempt to gain traction through people mistaking it for a relation to Reddit. The coin has no usage at this point -- what is the plan to get more widestream adoption?

Hi .

My poloniex account ( without 2FA ) has been hacked recently and all my coins are on " withdrawal awaiting " status because the hacker wanted to send my coins on his own wallet .

Do you know if i will recover my coins ?

Indeed , it should be easy for poloniex to cancel this order because it has not been authorized by me .

With this aim in view , i opened a ticket but i still have no answer since 4 days .

If anybody had the same troubles , please tell me what could happen .

Thanks in advance .

I personally think steem as a project is great.
But its rules are weird, people keeps dumping coin after their good payments.
It wont die but it wont go so hard way.

My working theory is that the attackers hacked polo, got a list of non 2fa, then went manually through them alphabetical.

The hacker has been able to do this for atleast a month and a half.

The hacker drained my account nearly exactly like yours by setting counter trades.

Yes polo should be able to track this, have they made any effort to call in authorities? I doubt it.

Hence, I believe they should be opened to a lawsuit.

Almost 3 years later ...
I think he stole more that 1M so far.

A Bristol man has been charged with fraud and money-laundering offences, including Bitcoin theft.

Ryan Kennedy has been charged with a number of offences under the Fraud Act 2006 and Proceeds of Crime Act 2002.

It is alleged the offences were committed between January and December in 2014.

The 30-year-old allegedly stole Bitcoins worth in excess of £1m and spent them on a luxury lifestyle.

A spokesperson for Avon and Somerset Police said: "This follows a three-year investigation by Economic Crime Team investigators from Avon and Somerset's Complex Crime Team (Investigations)."

Kennedy of no fixed address in Bristol is due to appear at Magistrates' Court on Wednesday, July 5.

Basically, ReddCoin is used for tipping friends, family or people on social media. It “changes” the typical like button on Facebook (you are rewarding people for their posts with actual coins/money). You can tip on Facebook, Twitter, Instagram, Youtube, basically, any social media platform.

I agree with this.  Polo should be able to discover the account on the other end of the trades.  They may also be able to get IP records showing both accounts were trading from the same IP but if the thief used a VPN and two computers side by side that may not be the case.  The biggest problem I can see though is getting any response from polo in anything like a timely manner.  The forum is full of people with problems that polo is ignoring.  If the thief has his withdrawal "on hold" as so many others do, then there is a very small chance that polo could prevent that withdrawal and recover something.  But that all depends on them actually looking at what happened close enough to be convinced it was a theft and not a series of legitimate trades.  It sounds like if they have half a brain it should be evident.  But again, all of this requires them to even begin responding to your communications or support tickets which right now looks like it just isn't happening for anyone.

anyone believing that a huge drop like this one could ever happen did not understand at all what adoption is, and why the current value is so high

bitcoin in japan is like fiat now, they are using it like legal currency, and there is no going back to this, this situation can only get better from now

the value reflect that, there is no way that we are falling under 2k anymore let alone 1k, just a delusional dream

Honestly I don't understand the point of a trollbox. Are you chatting there all the time ? Isn't that extremely time consuming and boring as hell ?

Here is how the attack unfolded:

Someone hacked into my account on the 26th of June at 02:50 AM BST (British standard time) to do unauthorised trading. First he converted all my coins into bitcoin. Then bought BCN form BTC. Then the attacker went on to XMR/BCN (which is very illiquid) and traded a very wide spread, kept buying very high and selling very low until my account turned from $17000 to mere $450. To carry out this attack the hacker must have been on the other side of this illiquid XMR/BCN pair to profit from i.e., collecting huge spread in the process by trading his account against my hacked account

I can buy Bitcoin on Kraken for 2466 $ and the selling price on CEX.io is 2640 $.

How is it possible that there's such a huge difference?

Can I just buy on Kraken and sell on CEX.io?

Recently, micropayment-powered content monetization platform Yours switched from bitcoin to litecoin as its cryptocurrency of choice. On the latest episode of Let’s Talk Bitcoin, Ryan X. Charles, who is the CEO of Yours and now refers to the project as “Medium with a paywall”, was interviewed by host Adam B. Levine.

During the interview, Charles discussed the various problems Yours had with bitcoin, why they switched to litecoin, and how easy it was to make the transition.

Around the time that the interview took place, Charles noted that bitcoin transaction fees had hit an average of roughly $3.

“This is quite expensive,” said Charles. “Even if you’re going to use a micropayments solution like the Lightning Network or like the one we built, you still have to open payment channels.”

In terms of payment channels, Charles also noted that multiple transactions are needed when using currently-available solutions, which would mean multiple transactions and more fees.

“From the point of view of a social media app, the thought that we’re going to have to charge our users $9 and all that money just goes to bitcoin miners before they can use our app is incredibly expensive,” said Charles. “That’s a huge onboarding cost. It’s a big deterrent to anybody using it.”

Charles also pointed out that a $9 transaction fee on a $100 deposit, which would likely be a large deposit on a micropayments-focused platform like Yours, would essentially be a 9 percent fee on deposits.

“That’s not even competitive with PayPal or something like that,” said Charles. “Even with these payment channel technologies, the fees on Bitcoin have gotten so high that it’s really prohibitive [for Yours] to get new users.”

According to Charles, Yours made the decision to switch to Litecoin roughly a week after completing their own, custom-made micropayments solution on top of Bitcoin. Although Charles admitted that Litecoin could eventually face the same scaling difficulties that Bitcoin is facing today, he also pointed out that Litecoin transaction fees were 100 times cheaper than Bitcoin transaction fees at the time.

“It’s a huge difference,” said Charles. “We could even pay it ourselves. We could easily pay a 10 cent fee to onboard our own users . . . We had no choice . . . We had no economically-viable alternative.”