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Author Topic: Instawallet/Bitcoin-Central Security Breach  (Read 84290 times)
deadweasel
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April 01, 2013, 07:28:46 PM
 #21

But there were 3.5million wallets. Is it just limited to 3000?

We don't know if the problem is related to that, or another problem entirely.  We don't know if coins were stolen, lost, looked at, fondled, or licked.  Just have to wait for official statements at this point.

Hopefully they were only fondled and licked.  My bitcoins like that.  :/

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April 01, 2013, 07:31:24 PM
 #22

If this is davout's kind of an April Fools' joke, I'm never using Instawallet again.
Promise.

That would be a kind of humor almost inexcusable. I doubt that.

I think the coins were licked. (not based on anything, just because that's funny as hell)


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April 01, 2013, 07:34:11 PM
 #23

can't you guys tell if your bitcoins were sucked dry via blockexplorer?   If not then it's no biggie.. .but if for some idiotic reason you kept 2000 bitcoins there and now blockexplorer is saying they are not there anymore than you have a problem.




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April 01, 2013, 07:34:33 PM
 #24

http://blockchain.info/address/1LrPYjto3hsLzWJNstghuwdrQXB96KbrCy
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April 01, 2013, 07:35:46 PM
 #25

 (Instawallet Cold Storage )  transferring from there?   Holy shit.....  

Watch now it will give people an excuse to sell,  not thinking that the vast majority of people at instawallet only keep pennies there...

Still if they are moving around 41,854.59 BTC  that's something big.





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April 01, 2013, 07:37:39 PM
 #26

can't you guys tell if your bitcoins were sucked dry via blockexplorer?   If not then it's no biggie.. .but if for some idiotic reason you kept 2000 bitcoins there and now blockexplorer is saying they are not there anymore than you have a problem.





What do you need to check this?

I only have the URLSs i do not have the address related to that, can i do anything?


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April 01, 2013, 07:41:36 PM
 #27

can't you guys tell if your bitcoins were sucked dry via blockexplorer?   If not then it's no biggie.. .but if for some idiotic reason you kept 2000 bitcoins there and now blockexplorer is saying they are not there anymore than you have a problem.





What do you need to check this?

I only have the URLSs i do not have the address related to that, can i do anything?


Don't give us the URLS :P lol
You're supposed to cut+paste the bitcoin address your URL leads to so you can watch it with the blockchain.
You're also supposed to only keep pocket change on instawallet or any online wallet service.

Did you ever send money to that address using another service? there will be a record of transactions probably, find your instawallet address there
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April 01, 2013, 07:42:46 PM
 #28

Too early to tell, but either way the lesson will be "trust no one to hold your coins".

For about two weeks.  History shows that people repeatedly leave their funds with wallet services and exchanges no matter how many times those types of services lose user funds.  I doubt that is going to change any time soon.

If this is in any way connected to the vulnerability which was publicly discussed last week then Instawallet needs to explain why they didn't take the service offline until that vulnerability was fixed.  .

All I can say is that this is Bitcoin. I don't believe it until I see six confirmations.
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April 01, 2013, 07:43:39 PM
 #29

Too early to tell, but either way the lesson will be "trust no one to hold your coins".
If this is in any way connected to the vulnerability which was publicly discussed last week then Instawallet needs to explain why they didn't take the service offline until that vulnerability was fixed.  The password clue for their own wallet was made public, for fuck's sake.  .
Source?

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April 01, 2013, 07:46:23 PM
 #30

If this is right:


http://blockchain.info/address/1LrPYjto3hsLzWJNstghuwdrQXB96KbrCy

and the spot price is right 103.02

http://www.ounce.me

You're looking at a $4,311,859.86 bank heist

Again I am hoping I am wrong....    in the scope of things a 4.3 million dollar bank heist (4.3 pizzas)  is not huge overall... but you know there will be headlines on Forbes and shit.



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April 01, 2013, 07:50:57 PM
 #31

Oh fuck
mccorvic
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April 01, 2013, 07:52:06 PM
 #32

Oh fuck

Deep breaths. Remember, we really don't know anything right now.

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April 01, 2013, 07:54:38 PM
 #33

Too early to tell, but either way the lesson will be "trust no one to hold your coins".
If this is in any way connected to the vulnerability which was publicly discussed last week then Instawallet needs to explain why they didn't take the service offline until that vulnerability was fixed.  The password clue for their own wallet was made public, for fuck's sake.  .
Source?

Sorry about that, it was StrongCoin's wallet hint which was made public.  There were discussions elsewhere last week regarding vulnerabilities of a number of wallet services.  The Instawallet vulnerability did display the user's wallet hint, though.

https://bitcointalk.org/index.php?topic=159983.msg1691505#msg1691505


All I can say is that this is Bitcoin. I don't believe it until I see six confirmations.
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April 01, 2013, 07:55:34 PM
 #34

Oh fuck

Deep breaths. Remember, we really don't know anything right now.

But now that the cat is out of the bag, paymium should clarify ASAP if the emptying of the cold wallet was done by them or by a thief.

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mccorvic
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April 01, 2013, 07:56:17 PM
 #35

Oh fuck

Deep breaths. Remember, we really don't know anything right now.

But now that the cat is out of the bag, paymium should clarify ASAP if the emptying of the cold wallet was done by them or by a thief.

No doubt.  Every minute of silence is bad for them no matter WHAT the outcome.

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April 01, 2013, 07:57:28 PM
 #36

Unless of course this is their sick april fools day joke
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April 01, 2013, 07:58:52 PM
 #37

Unless of course this is their sick april fools day joke

I've always said nothing could offend me when it comes to jokes.

I might have been wrong.
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April 01, 2013, 08:00:33 PM
 #38

No doubt.  Every minute of silence is bad for them no matter WHAT the outcome.

You are right.

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April 01, 2013, 08:06:09 PM
 #39

No doubt.  Every minute of silence is bad for them no matter WHAT the outcome.

You are right.


I'm always right  Cheesy

I find it strange that the two big transactions at http://blockchain.info/address/1LrPYjto3hsLzWJNstghuwdrQXB96KbrCy are still unconfirmed.  Any reason for this besides someone trying to spend coin that isn't there?

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NamLaLai
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April 01, 2013, 08:06:43 PM
 #40

Yeah, a few words from the people behind Instawallet would be very much appreciated, by all of us I guess. I'm still looking at dust in my wallet so not much lost if it goes belly up, but there might be quite a few that are about to get some sweaty hands soon....

If such a large transaction is underway, is there then nobody that raises an eyebrow and lift a finger?

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