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Author Topic: bitcoin-central.net say they detected a security-breach  (Read 8970 times)
molecular (OP)
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April 01, 2013, 06:31:21 PM
Last edit: April 01, 2013, 08:42:05 PM by molecular
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PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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April 01, 2013, 06:41:09 PM
 #2




Joy  Cry
I hope the funds are safe...
Injust
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April 01, 2013, 07:13:31 PM
 #3

Same thing at Instawallet...
molecular (OP)
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April 01, 2013, 07:15:05 PM
 #4

Same thing at Instawallet...

fuck.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
MPOE-PR
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April 01, 2013, 07:30:32 PM
 #5

Everybody has of course seen http://blockchain.info/address/1LrPYjto3hsLzWJNstghuwdrQXB96KbrCy

My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
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April 01, 2013, 07:31:16 PM
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Looks like a whelp to me.

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April 01, 2013, 07:32:53 PM
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I hope to god that the people from bitcoin central did that as a security measurement....
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April 01, 2013, 07:33:27 PM
 #8

uh oh...
mccorvic
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April 01, 2013, 07:33:49 PM
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I hope to god that the people from bitcoin central did that as a security measurement....

Do we know when the site went down?  If the timing is close, then this may just be the case.  Though, if it were the case, it'd be prudent of them to say that those with coins there havent' lost anything

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molecular (OP)
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April 01, 2013, 07:34:12 PM
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I looked up "whelp" (http://www.urbandictionary.com/define.php?term=whelp).

None of the definitions seem to make sense in this context. ("A hot young 20 something guy who prefers having sex, dating, or marrying older women.")

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
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April 01, 2013, 07:37:14 PM
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I looked up "whelp" (http://www.urbandictionary.com/define.php?term=whelp).

None of the definitions seem to make sense in this context. ("A hot young 20 something guy who prefers having sex, dating, or marrying older women.")


In EvE Online if you "whelp" your ship/fleet it means you died/lost in a horrible embarrassing manner. 

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April 01, 2013, 07:37:33 PM
 #12

That wallet couldn't have been very cold if it was hackable...
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April 01, 2013, 07:40:06 PM
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I looked up "whelp" (http://www.urbandictionary.com/define.php?term=whelp).

None of the definitions seem to make sense in this context. ("A hot young 20 something guy who prefers having sex, dating, or marrying older women.")


In EvE Online if you "whelp" your ship/fleet it means you died/lost in a horrible embarrassing manner. 

Hopefully people keep their bitcoins in a cold wallet, not on some exchange.   I mean, srsly?

molecular (OP)
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April 01, 2013, 07:41:15 PM
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That wallet couldn't have been very cold if it was hackable...

If it was safe in the first place, there would be no reason to move funds to some "emergency address", though. Maybe it wasn't that cold, only cool.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
molecular (OP)
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April 01, 2013, 07:42:00 PM
 #15

well now you have a simple question to ask them. Do they or do they not control private key to that BTC address?

The second question I suppose would be if it is in instawallet and in google yet.


Yeah, they might've used instawallet for the "cold" wallet of bitcoin-central.... lol.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
molecular (OP)
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April 01, 2013, 07:42:52 PM
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I looked up "whelp" (http://www.urbandictionary.com/define.php?term=whelp).

None of the definitions seem to make sense in this context. ("A hot young 20 something guy who prefers having sex, dating, or marrying older women.")


In EvE Online if you "whelp" your ship/fleet it means you died/lost in a horrible embarrassing manner. 

Hopefully people keep their bitcoins in a cold wallet, not on some exchange.   I mean, srsly?

If you want to trade on that exchange you kind-of have to, no?

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
moni3z
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April 01, 2013, 07:48:11 PM
 #17

Uhoh, says that was 42,000 coins transferred from the cold wallet right? Shouldn't it be 42k transferred to the cold wallet instead of other way around.

Zhu Tonged x 2
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April 01, 2013, 07:49:16 PM
 #18

those two big withdrawals are still "unconfirmed," for a few hours already. If this was a theft, the BC/instawallet guys should quickly try to doublespend with big fees.
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April 01, 2013, 08:05:57 PM
 #19

i hope they tried to double spend it with huge fees...

The cost of mediation increases transaction costs, limiting the
minimum practical transaction size and cutting off the possibility for small casual transactions

Satoshi Nakamoto : https://bitcoin.org/bitcoin.pdf
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April 01, 2013, 08:10:08 PM
 #20

instawhelped
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