For those who wanted to see the post-mortem:
https://pastebin.com/PZD3Qb35They used a open source called Peatio. (
https://github.com/peatio/peatio). But it seems the hacker knows how to exploit a bug on the application itself.
~
This is another lessons learned for other exchanges to do some internal audit specially if they are using open-source. They already admitted that they're not refunding any BTC or LTC so its another lost for our crypto traders here.
This doesn't eliminate the possibility of an
exit hack.
They've could have done this themselves knowing the exploit and blame it on some "hacker".
Unfortunately, I can see a new trend growing here, small exchanges doing some upgrades they now are faulty without bug fixes and then hacking themselves exactly at the right time.
I don't buy this hacker story, when you get hacked you don't start deleting LinkedIn profiles and bitcointalk posts, it's pretty clear that for a moment at least they've tried to run away and erase all traces, probably they've decided against it once they've realized they left behind too much info and tracking them would be a piece of cake.
Of course we can't discounted the fact that it could be very well a 'inside job'. Easy money for them, just blame some hackers for pulling the stunt and they're off the hook. But its hard to prove unless there's someone who 'rats out' and exposed them.
@Betwrong - you could be right, but if traders would just used their common sense, just trade their shitcoins on that shitty exchange and get out. No need to keep their funds because this kind of fly-by-night exchanges are not to be trusted. But it too late already, and now they're paying the price for this stupidity.