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Author Topic: Market Crash: Mt Gox has been Hacked (Official Statement)  (Read 6660 times)
boz
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June 19, 2011, 09:21:47 PM
 #21

Rolling back does not solve the problem.
We need to have a chance to remove the standing orders before tha market gets crazy.
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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spankymio
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June 19, 2011, 09:23:02 PM
 #22

Rolling back does not solve the problem.
We need to have a chance to remove the standing orders before tha market gets crazy.

i think that's happened already, ie market got crazy.  Undecided
bitsalame (OP)
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June 19, 2011, 09:27:08 PM
 #23

I am still wondering.
Why the hell are they still using MD5? Isn't that simply crazy?
How can you claim to be secure using MD5?
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June 19, 2011, 09:32:25 PM
 #24

I've been saying this for years. The attack was carried out by the government to hurt bitcoin. Do not let government control BTC or we will have panics like this! Believe in BTC! Things will get better as long as you believe!

GOOOOOOOOOOO BITCOINS!!!!!!!!!!!!!!!
Edit: Oops. Just fixed a typo. It should be GO (like GO TEAM!) and not GOOB
Edit2: Just checked the dictionary and goob is not a word
bitsalame (OP)
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June 19, 2011, 09:36:38 PM
 #25

No, they really did get hacked- or at least someone leaked their accounts. Find yourself here:

<snip>

Then, someone started cracking the MD5 password hashes and then, with passwords in hand, trying various accounts until they found one with lots of money. There is a $1000 per day withdrawl limit, so in order to get more bitcoins out, they had to crash the market close to 0 first. And that is what happened today.

The End.

Started cracking MD5 hashes? You have no idea what you are talking about.

The passwords in the accounts.csv are not MD5.

More likely, a hacker got access to the serer, did the damage he did ( dump BTC on the market from 1 account or something) and figured: while I am here, I might as well spice things up and make a full dump of the users database table.

The two $ it is a clear telltale of the Modular Crypt Format of crypt(3)
It is a Unix MD5 Hash, it is given away by the $1$, the 1 confirms the MD5 algorithm.

Before making statements be sure you know what you are really talking about.
"It is better to remain silent and be thought a fool, than to open your mouth and remove all doubt"
pipedr34
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June 19, 2011, 10:49:44 PM
 #26

My gmail account was among the leaked account details. I just logged in a couple of minutes ago and Google prompted me to change my password before I could access my inbox. I'm guessing someone cracked the MD5 hash and tried to access my gmail account. Good thing I didn't use the same password.
grimex
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June 20, 2011, 12:20:04 AM
 #27

My gmail account was among the leaked account details. I just logged in a couple of minutes ago and Google prompted me to change my password before I could access my inbox. I'm guessing someone cracked the MD5 hash and tried to access my gmail account. Good thing I didn't use the same password.
oh that happened to me too.  Shocked
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June 20, 2011, 02:48:58 AM
 #28

*rhymes*

No, Google was notified by Mt Gox and Google worked fast 'cause Google rocks.

BM-GteJMPqvHRUdUHHa1u7dtYnfDaH5ogeY
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June 20, 2011, 03:13:36 AM
 #29

And the lulz kick-starts again.

This is why I'm pretty heavily against using Mt Gox right now. That and the lack of Pound Sterling support sucks.

Was that an Example reference I got there? Wink
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June 20, 2011, 03:15:11 AM
 #30

Rolling back won't change anything, but oh well, we'll see.
bitsalame (OP)
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June 20, 2011, 07:11:55 AM
 #31

Rolling back won't change anything, but oh well, we'll see.

Well, my bet is that several accounts got compromised.
I would understand a rollback if the whole market got compromised.

But if it is only ONE account compromised, the rollbacks are not justified IMO.
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