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1  Other / Beginners & Help / anyone else here use bitcoinrain.com? on: April 09, 2013, 01:09:40 AM
Just curious as I had a small amount of coins there and the site was hacked recently.  Here's an email I got from them recently

---------------------------------------------
Thank you for your patience.

We apologize for taking so long in informing you and answering your emails.

For a few days, we have been solely dedicated to clarifying all doubts and answer all questions related to the events that affected the two sites I run. However, as we had to inform a lot of people at once, then choose and implement the best possible contingency plan, we ended up taking more than we expected.

Unfortunately, the redeem code implementation of the Mercado Bitcoin, an exchange I run in Brazil was successfully hacked. Because of a programming mistake, the attacker could generate new credit codes without having his balance debited accordingly. So he could lead the system into creating a fraudulent amount of bitcoins and have enough time to redeem it in the early hours of the day.

The diverted amount was enough to compromise the operation of both Mercado Bitcoin and Bitcoin Rain.

I confess I am still considering the best way to reimburse the investors of the Bitcoin Rain site.

Those who have been our clients for the last months can testify to our capacity to repay and work hard.

Many users have already offered to be put on the end of the line, giving up their dividends and receive only the amount originally invested. Others even offered to donate, so the services keep going.

I am studying some options to try to solve the problem the best way possible, which include: freezing the current balances in dollars, freezing/limiting withdrawals for a few weeks, etc.

I will take a day or two to figure out all that planning.

I would like to receive suggestions from you in the following email: admin@bitcoinrain.com.

I thank you for the trust you deposited on me up to this point.

I only ask you for a little more patience while I choose the best plan to solve this dire situation.

I certainly will do my best to keep deserving the trust you have been depositing on me and my investment service for more than one year.

L.
Thank you for your patience.

We apologize for taking so long in informing you and answering your emails.

For a few days, we have been solely dedicated to clarifying all doubts and answer all questions related to the events that affected the two sites I run. However, as we had to inform a lot of people at once, then choose and implement the best possible contingency plan, we ended up taking more than we expected.

Unfortunately, the redeem code implementation of the Mercado Bitcoin, an exchange I run in Brazil was successfully hacked. Because of a programming mistake, the attacker could generate new credit codes without having his balance debited accordingly. So he could lead the system into creating a fraudulent amount of bitcoins and have enough time to redeem it in the early hours of the day.

The diverted amount was enough to compromise the operation of both Mercado Bitcoin and Bitcoin Rain.

I confess I am still considering the best way to reimburse the investors of the Bitcoin Rain site.

Those who have been our clients for the last months can testify to our capacity to repay and work hard.

Many users have already offered to be put on the end of the line, giving up their dividends and receive only the amount originally invested. Others even offered to donate, so the services keep going.

I am studying some options to try to solve the problem the best way possible, which include: freezing the current balances in dollars, freezing/limiting withdrawals for a few weeks, etc.

I will take a day or two to figure out all that planning.

I would like to receive suggestions from you in the following email: admin@bitcoinrain.com.

I thank you for the trust you deposited on me up to this point.

I only ask you for a little more patience while I choose the best plan to solve this dire situation.

I certainly will do my best to keep deserving the trust you have been depositing on me and my investment service for more than one year.

L.
---------------------------------------------

Anyone else?
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