g.m.tyshenk
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February 23, 2018, 11:11:37 AM |
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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 Thank you. This is welcomed information. I am grateful for the bounty and also think the company is doing the right response by issuing a new coin and decommissioning the old one. Hackers and scammers should not profit from taking the BAR tokens!!!
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VanAllen
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February 23, 2018, 11:41:37 AM |
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Good interview. Thanks for posting.
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g.m.tyshenk
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February 23, 2018, 11:47:48 AM |
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That is a very good interview. And it is reassuring to know this is being dealt with. Thanks for posting the link.
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CORNEL
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February 23, 2018, 11:51:20 AM |
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Good interview. Thanks for posting. Detailed explanation and what is next step they are taking on this theft. I also believe now the team will learn from their mistake and will try to move into positive direction and will make this project more strong than before.
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Restyler
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February 23, 2018, 12:23:49 PM |
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When the team first stages a "theft" so they can make an easy $2M and then say "welp lets make a new token now"... Genius :')
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g.m.tyshenk
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February 23, 2018, 12:59:31 PM Last edit: February 23, 2018, 01:16:21 PM by g.m.tyshenk |
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When the team first stages a "theft" so they can make an easy $2M and then say "welp lets make a new token now"... Genius :')
Many ICOs have a cache of tokens to support their platforms when they go live (as a way to provide token liquidity). So many ICOs could have an internal theft like this by a single individual or a few working together to steal from the company. If this was actually an inside hack, it would be incredibly difficult to prevent this kind of "inside" job and does not reflect on the many hard working and honest people developing this platform that are working at the company. Do not generalize or condemn the entire company because of one fox among the sheep!!!.
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fulcare
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The Standard Protocol - Solving Inflation
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February 23, 2018, 01:13:11 PM |
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Good interview. Thanks for posting. Detailed explanation and what is next step they are taking on this theft. I also believe now the team will learn from their mistake and will try to move into positive direction and will make this project more strong than before. They managed the situation very professionally and it's also good that they informed the public as quickly as they could to not let get things out of control.
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Hotel_Prodeo
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February 23, 2018, 01:18:13 PM |
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https://medium.com/@TBIS/tbis-begins-distribution-of-forked-ico-token-tbar-2ebe45f0f54c
TBIS Begins distribution of forked ICO token (TBAR) just 24 hours after announcing theft of 16 million BAR tokens.
In three separate updates today, the Titanium team has alerted their community of ICO participants & BAR token holders that, not only will their forked ICO token (TBAR) begin distribution just 24 hours after initial announcement yesterday of a 16 million BAR token theft, there is also a Titanium silver lining to this cloud. During investigation into exchange addresses for TBAR distribution purposes, Titanium COO, Richard Silver, discovered that ill fated transactions via smartcontract during ICO, originally believed to have resulted in loss of transfer for both parties, are now, in essence, recoverable. Amazingly, anyone who used an exchange address in lieu of a (required) Erc20 wallet address during ICO may now recover their lost transaction via this form: https://goo.gl/yivbYD
--------------- Until now I am not see TBAR in MEW, is anyone receive TBAR?
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Mankov
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February 23, 2018, 01:50:56 PM |
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Yes, so many coins / tokens get hacked, in the past, and they are now successful. I think it`s not over with titanium, because they managed it very well.
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badinvesterguy
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February 23, 2018, 02:16:09 PM |
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https://medium.com/@TBIS/tbis-begins-distribution-of-forked-ico-token-tbar-2ebe45f0f54c
TBIS Begins distribution of forked ICO token (TBAR) just 24 hours after announcing theft of 16 million BAR tokens.
In three separate updates today, the Titanium team has alerted their community of ICO participants & BAR token holders that, not only will their forked ICO token (TBAR) begin distribution just 24 hours after initial announcement yesterday of a 16 million BAR token theft, there is also a Titanium silver lining to this cloud. During investigation into exchange addresses for TBAR distribution purposes, Titanium COO, Richard Silver, discovered that ill fated transactions via smartcontract during ICO, originally believed to have resulted in loss of transfer for both parties, are now, in essence, recoverable. Amazingly, anyone who used an exchange address in lieu of a (required) Erc20 wallet address during ICO may now recover their lost transaction via this form: https://goo.gl/yivbYD
--------------- Until now I am not see TBAR in MEW, is anyone receive TBAR? Not yet, I'm checking almost hourly ^^ will update asap.
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xenomorphe1
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February 23, 2018, 02:19:46 PM |
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It is strange that the trading of BAR at Hitbtc is still active...
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hush
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February 23, 2018, 02:27:16 PM |
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Yes, so many coins / tokens get hacked, in the past, and they are now successful. I think it`s not over with titanium, because they managed it very well.
Exactly it depend on the dev team how they handle this issue and get sorted. I watch the interview of Michael Stollaire he explained so well and I like the solution which they will provide very soon along with upcoming mvp. I hope they will learn the lesson and provide more secure ecosystem.
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chocobo21
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February 23, 2018, 02:53:48 PM |
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Good interview thanks for sharing, I trust Michael Stollaire so I am not worried at all, he is a boss and he will fix this problem as soon as possible, we will all get tbar for free and you can keep your bar or sell it.
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g.m.tyshenk
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February 23, 2018, 06:33:52 PM Last edit: February 23, 2018, 06:48:21 PM by g.m.tyshenk |
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Dev team - greedy scammers! Dont trust them and dont buy their new coins Do you seriously believe that? If the company was "scammers" they could have NOT issued new coins and they would have let everyone lose money when the hackers dump massive amounts of millions of BAR when it becomes listed on exchanges. The actions of the company to issue new TBAR tokens to all coin holders quickly and with good, open communication shows they are trying to fix their security breach quickly and fairly.
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Zontop
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February 23, 2018, 08:16:16 PM |
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I also didn't receive new tokens in my wallet till now. According to last update timing TBAR should have been landed into wallets. Well, I will still wait till tomorrow by start worrying as my tokens are in wallet for 16 days. How long it take to send new tokens few hours but let's wait and if someone receive should share with us to know the status.
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badinvesterguy
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February 23, 2018, 08:17:57 PM |
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I also didn't receive new tokens in my wallet till now. According to last update timing TBAR should have been landed into wallets. Well, I will still wait till tomorrow by start worrying as my tokens are in wallet for 16 days. How long it take to send new tokens few hours but let's wait and if someone receive should share with us to know the status.
I haven't moved mine since ICO , and also got nothing yet.
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Daydream 61
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February 23, 2018, 08:21:30 PM |
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the new slogan of titanium is a gag We officially raised $ 35 million in just 18 days into ICO. Thanks everyone for participating and supporting us. We are now flying to Acapulco and looking forward to cocktails and many girls o the beach
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badinvesterguy
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February 23, 2018, 08:23:23 PM |
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the new slogan of titanium is a gag We officially raised $ 35 million in just 18 days into ICO. Thanks everyone for participating and supporting us. We are now flying to Acapulco and looking forward to cocktails and many girls o the beachAnd if they deliver, what you going to say then ?
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Sate Jamu
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February 24, 2018, 04:14:42 AM |
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Hopefully this has no impact on Titanium reputation management who has successfully achieved hardcap, I invested with a little of ETH during ICO and hope to get RoI soon.
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vujk
Newbie
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February 24, 2018, 05:21:56 AM |
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the new slogan of titanium is a gag We officially raised $ 35 million in just 18 days into ICO. Thanks everyone for participating and supporting us. We are now flying to Acapulco and looking forward to cocktails and many girls o the beachThis statement is total BS!! Their is noway that CEO could pull any girls even with 35 million dollars.
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