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Author Topic: [ANN] BTCJam - Peer to Peer Bitcoin Lending  (Read 204914 times)
yellowdog213
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January 14, 2013, 08:24:44 PM
 #461


Important announcement.

We have detected fraudulent transactions to address 1CP6dby8s3XNVFJPBQkXczDQFEqZ1jVnQS.

The website was taken offline for investigation.

Although some bitcoins were stolen from our "hot" wallet all deposits will be honored and the service will get back up as soon as we identify the problem.





Is there any estimation as to when the site might go back up?
Ascension
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January 14, 2013, 08:43:25 PM
 #462

hmm looks like that address received a total of 1,017.56 BTC since 01-11-2013 - the same day that I was unable to withdraw my funds. I'm hoping for the best but it appears someone made off with all of the BTC

Can you confirm how much has been stolen Tolkas?
Bemtje
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January 14, 2013, 08:48:15 PM
 #463

hmm looks like that address received a total of 1,017.56 BTC since 01-11-2013 - the same day that I was unable to withdraw my funds. I'm hoping for the best but it appears someone made off with all of the BTC

Can you confirm how much has been stolen Tolkas?

 Shocked

I've got a lot of BTC's sitting in that site......... Now I'm getting worried....
Ascension
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January 14, 2013, 09:03:32 PM
 #464

Yeah me too, not to mention all the people that loaned me BTC. I'm not trying to cause panic...
mjester93
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January 14, 2013, 10:18:12 PM
 #465

Ouch. This sucks. I only have a few btc invested, but I still hope this gets fixed.
Tulkas (OP)
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January 14, 2013, 10:20:59 PM
 #466

Yeah me too, not to mention all the people that loaned me BTC. I'm not trying to cause panic...

All the user funds are secure.

We identified the problem (and the solution), we will be back online as soon as we finish the correction and testing. This will take several hours (10+).

BTCJAM - Peer to Peer Bitcoin Lending
https://btcjam.com
Bemtje
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January 14, 2013, 10:41:55 PM
 #467

Yeah me too, not to mention all the people that loaned me BTC. I'm not trying to cause panic...

All the user funds are secure.

We identified the problem (and the solution), we will be back online as soon as we finish the correction and testing. This will take several hours (10+).

Just curious. How did you manage to secure the funds, if 1000 BTC's were sent to an unknown address?

Might be a dumb question, but I don't know anything about how the network works....
yellowdog213
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January 14, 2013, 11:11:30 PM
 #468

Yeah me too, not to mention all the people that loaned me BTC. I'm not trying to cause panic...

All the user funds are secure.

We identified the problem (and the solution), we will be back online as soon as we finish the correction and testing. This will take several hours (10+).


Thank you for making sure that everything is okay and fixing the problem as quickly as possible!!
BasementMiner!
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January 14, 2013, 11:16:41 PM
 #469

BTCJam is built on top of Rails.

Most likely same attack vector as the incident with Vircurex.

The loss of money is the only thing urging Bitcoin service developers to maintain their code. Roll Eyes
JordanL
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January 15, 2013, 12:23:44 AM
 #470

Yeah me too, not to mention all the people that loaned me BTC. I'm not trying to cause panic...

All the user funds are secure.

We identified the problem (and the solution), we will be back online as soon as we finish the correction and testing. This will take several hours (10+).

This is a relief! Thanks for the updates. I love your service and would hate to see it compromised.
ThaddeusB
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January 15, 2013, 12:37:28 AM
 #471

hmm looks like that address received a total of 1,017.56 BTC since 01-11-2013 - the same day that I was unable to withdraw my funds. I'm hoping for the best but it appears someone made off with all of the BTC

Can you confirm how much has been stolen Tolkas?

Most likely the owner of that address stole 1000+ coins, but not all from BTCjam.  They probably used the same security exploit to steal from a variety of sites.
weenfan
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January 15, 2013, 12:37:39 AM
 #472

Hopefully the unconfirmed deposit balance I had will no longer be stuck at 4 and 3 satoshi after all this.

heh
mjester93
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January 15, 2013, 02:02:11 AM
 #473

Yeah me too, not to mention all the people that loaned me BTC. I'm not trying to cause panic...

All the user funds are secure.

We identified the problem (and the solution), we will be back online as soon as we finish the correction and testing. This will take several hours (10+).

Yay! Awesome!
Tulkas (OP)
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January 15, 2013, 08:16:50 AM
 #474


The app is corrected, the new wallet is syncing.

We will run some more tests after the wallet syncs, then we will open the site for public access, this will probably occur later today.





BTCJAM - Peer to Peer Bitcoin Lending
https://btcjam.com
Smoovious
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January 15, 2013, 08:57:26 AM
 #475

Most likely same attack vector as the incident with Vircurex.
What incident is this? I haven't heard of it.

-- Smoov
JordanL
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January 15, 2013, 02:19:31 PM
 #476

Most likely same attack vector as the incident with Vircurex.
What incident is this? I haven't heard of it.

-- Smoov


https://bitcointalk.org/index.php?topic=135919.0
Tulkas (OP)
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January 15, 2013, 02:36:53 PM
 #477

The site is back online.

The withdraws will be disabled for a while until we finish some more tests (and i get some sleep).


BTCJAM - Peer to Peer Bitcoin Lending
https://btcjam.com
Snipes777
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January 15, 2013, 02:38:18 PM
 #478

Thanks for working on it and keeping us updated  Shocked Smiley

Voluntaryism- The belief that ALL human interactions should be free of force, fraud and coercion.
Taxation is Theft; War is Murder; Incarceration is Kidnapping; Spanking is Assault; Federal Reserve Notes are Counterfeiting
http://en.wikipedia.org/wiki/Voluntaryism
Charles Bass
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January 15, 2013, 03:05:06 PM
 #479

@ https://btcjam.com/my_account/investments
I get , We're sorry, but something went wrong.


greets Chuck
Tulkas (OP)
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January 15, 2013, 03:16:00 PM
 #480

@ https://btcjam.com/my_account/investments
I get , We're sorry, but something went wrong.


greets Chuck

Please, send you registration email by PM.

BTCJAM - Peer to Peer Bitcoin Lending
https://btcjam.com
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