[ANN] Titanium - World's First Decentralised Cloud Services Provider 🚀

[jtalk]

Hopefully this does not make investors panic, I'm curious how about the tokens that I keep in exchanges wallet is it safe?

Your tokens and everyone's are safe where they are. If you read update then were understanding better what actually happened and was not getting worried. All what happened was at team's side and their funds were transferred by malicious activity. Exchanges are in contact with them and in 24-48 hours by time of updates all will be normal again.

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[CryptoWhaler]

The BAR Team has to be transparent and explain how the breach and theft occurred.
I don't expect them to explain right away as investigations are going on but I expect them to do so after investigations are concluded.
Sharing the knowledge of the breach and how it could have been avoided is crucial to avoid such acts happening again in the future.

[ajm_bond]

Does anyone know why Chris Michael Snook is no longer the CTO - noticed on LinkedIn he is no longer with Titanium and left this month?

I know that they have been working on the MVP since September so looking forward to the MVP release in March - hopefully will bring some much needed good news.

[sert]

Who compensates for the losses of traders?
My orders worked when I was sleeping.
The team lost tokens, do I have to pay for it?
Which they can release the product, if at the start of such an occurrence came out this shit.

[andro hac]

The latest update from the team:  Noon (PST) Update, February 22nd:
•Distribution of TBAR to begin today!
•MVP will be released by March first.
•During ICO, some people lost BAR by using exchange addresses. They can now use this form for collect TBAR: https://docs.google.com/forms/d/1Dv7Krrmi9mUhF2jEb-Zsc0LHT_sTXG0TkJy1RSqB9Kc/viewform?edit_requested=true
•THIS FORM IS NOT FOR THOSE WITH BAR CURRENTLY ON AN EXCHANGE
•If you currently have BAR on an exchange, please wait for a form to be posted


•PLEASE NOTE: Anyone who purchased BAR before 4pm (PST) on February 21st will receive TBAR in a 1:1 ratio automatically.

•Anyone who purchased bar after 7pm, (PST) on February 21st will not receive TBAR without manual approval on a case by case basis.

•Anyone who purchased BAR between 4PM to 7PM will be helped on an individual basis.

•Can I purchase BAR now and receive TBAR: NO  

new  contract address : https://etherscan.io/token/0xee8bd1502c3e9f6c543781467c01592ac51cfbb8

[mt55]

Hopefully this does not make investors panic, I'm curious how about the tokens that I keep in exchanges wallet is it safe?

Your tokens and everyone's are safe where they are. If you read update then were understanding better what actually happened and was not getting worried. All what happened was at team's side and their funds were transferred by malicious activity. Exchanges are in contact with them and in 24-48 hours by time of updates all will be normal again.

But did that hack lead to any financial damage whatsoever or could the issue completely be resolved?

[nedjuly]

But what about those who did not know this situation and bought it on the stock exchange today? How now to be? Is it possible to return the money?

[Ronin35]

It seems to be an interesting project!It could be a good investiment!

[tzegian]

Update, 3:45pm (PST), Feb. 22nd:

•Titanium is proud to announce that TBAR has begun distribution to ICO participants!
      •If your BAR is in an an Erc20 wallet like MEW, Metamask, or Ledger, TBAR will automatically arrive next to BAR in your wallet. There is no need to do anything else, please allow 24-48 hours for TBAR distribution.
•Anyone who used an exchange address during ICO may now recover their lost transaction via this form: https://goo.gl/yivbYD
•Anyone with BAR currently in an exchange will be provided a form ASAP. Please watch for official announcements @TBISINC.
•After urgent matters have been dealt with, Titanium will provide more information about the theft and new security procedures moving forward.

[StingerTiger0]

Will be interesting to see how this one shapes up. 1/1/18 isn't that far away.

[Highspeed123]

I'm happy with how they are resolving this issue. They are ready to start distributing the new token, that is fast. Can't complain about that. Hopefully we will find out what a actually happened later down the line too. It must have been an inside job for someone to have the private key.

Hopefully they can put this behind them and get to work on the project, and then go on to achieve success. I believe in the team and and tech.

[Jembut Ireng]

Update, 3:45pm (PST), Feb. 22nd:

•Titanium is proud to announce that TBAR has begun distribution to ICO participants!
      •If your BAR is in an an Erc20 wallet like MEW, Metamask, or Ledger, TBAR will automatically arrive next to BAR in your wallet. There is no need to do anything else, please allow 24-48 hours for TBAR distribution.
•Anyone who used an exchange address during ICO may now recover their lost transaction via this form: https://goo.gl/yivbYD
•Anyone with BAR currently in an exchange will be provided a form ASAP. Please watch for official announcements @TBISINC.
•After urgent matters have been dealt with, Titanium will provide more information about the theft and new security procedures moving forward.

Thanks for the information, I hope this does not happen again and the team can be more vigilant and take lessons from this incident.

[Trademarket]

I just read good ole Mikey was gonna make a video so I posted the clapping to help celebrate. I don’t know where the gif came from I saved it awhile back I thought it may come in handy.

[g.m.tyshenk]

 
I received my BAR as a bounty and I did not buy BAR through their ICO. So how does this redistribution work for this situation?
 I have a little amount of BAR in myetherwallet (mew).
Do those who had BAR from airdrops and bounty need to do anything to get TBAR?

[chocobo21]

I received my BAR as a bounty and I did not buy BAR through their ICO. So how does this redistribution work for this situation?
 I have a little amount of BAR in myetherwallet (mew).
Do those who had BAR from airdrops and bounty need to do anything to get TBAR?

Yes don't worry man if you hold your bar tokens in my ether wallet then there is nothing to do, you will receive the t bar tokens automatically in your wallet in the next 28 to 48 hours. If you bought your tokens on exchange before a certain time then you will also receive t bar tokens for free but if you bought it too late then you will receive nothing. Bar tokens will be worthless after the t bar airdrop

[Tigerheart3026]

I received my BAR as a bounty and I did not buy BAR through their ICO. So how does this redistribution work for this situation?
 I have a little amount of BAR in myetherwallet (mew).
Do those who had BAR from airdrops and bounty need to do anything to get TBAR?

Yes don't worry man if you hold your bar tokens in my ether wallet then there is nothing to do, you will receive the t bar tokens automatically in your wallet in the next 28 to 48 hours. If you bought your tokens on exchange before a certain time then you will also receive t bar tokens for free but if you bought it too late then you will receive nothing. Bar tokens will be worthless after the t bar airdrop

Keep Calm guys if you hold some in your MEW wallet then store it and keep your private key safe. as long the founder announce that they issue another token or fork of BAR they will add on in an exchange market. Let's hope for the best that it will be finish soon.

[miha]

i am so glad that i sold all my Bar after payouts) yesterday minus 70% it is crazy.

[Steals84]

Dev team - greedy scammers! Dont trust them and dont buy their new coins

[ninjamofo]

Harsh news on the recent theft of tokens.

[adet23rc]

This interview actually calmed me down a bit:

https://www.youtube.com/watch?v=5sUfBpilwJM

Its good it happend now, not 2-3 years later. I hope it will be a very good lesson for the team.