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Author Topic: Coinrail hacked. PundiX mostly affected.  (Read 208 times)
danherbias07 (OP)
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June 10, 2018, 09:13:56 PM
 #1

This could be a big panic for most of the PundiX holders here.
But rest assured the problem is being resolved.
Bitcoin is also affected and we can see that now with the recent decrease in price.

Here is one link for us to read.

https://www.bloomberg.com/amp/news/articles/2018-06-10/bitcoin-tumbles-most-in-two-weeks-amid-south-korea-exchange-hack

And for PundiX holders please join telegram for more updates.
t.me/pundix

Here is one of the admin's statement.
Quote
Liko Yosafat:
Dear Pundians, to assist the fight against cyber criminal activity, we’ve extended the halt of NPXS transactions based on the the request of KNPA Cyber-terror investigation team of Korean National Police Agency. We hope Coinrail hack incident can be resolved soon. Rest assured. Pundi X is NOT hacked and all the transaction are pending. Once the suspension is lifted, all the transactions will be resumed. For full detail, please read https://medium.com/p/960c6a0e2c76

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June 10, 2018, 09:40:34 PM
 #2

This could be a big panic for most of the PundiX holders here.
But rest assured the problem is being resolved.
Bitcoin is also affected and we can see that now with the recent decrease in price.

Here is one link for us to read.

https://www.bloomberg.com/amp/news/articles/2018-06-10/bitcoin-tumbles-most-in-two-weeks-amid-south-korea-exchange-hack

And for PundiX holders please join telegram for more updates.
t.me/pundix

Here is one of the admin's statement.
Quote
Liko Yosafat:
Dear Pundians, to assist the fight against cyber criminal activity, we’ve extended the halt of NPXS transactions based on the the request of KNPA Cyber-terror investigation team of Korean National Police Agency. We hope Coinrail hack incident can be resolved soon. Rest assured. Pundi X is NOT hacked and all the transaction are pending. Once the suspension is lifted, all the transactions will be resumed. For full detail, please read https://medium.com/p/960c6a0e2c76
As far as i  know coinrail is a little exchange site and then i would not feeling panic caused by that. But it looks like the CYFC taking probe against those crypto exchange sites are manipulating the price of bitcoin shold become the main concern at this time. The developer as disable the transaction and i'm feeling better.

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June 10, 2018, 10:57:46 PM
 #3

Bad news and I'm sorry for the PundiX hodlers on Coinrail exchange, but this is the crypto reality. We have to fight this and endure to prevail in the end. Also, it is a bit safer to have coins stored in wallets (hardware, paper, desktop) if you don't need them on the exchange and if you are not a trader.

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June 11, 2018, 06:31:40 AM
 #4

Terribly sorry for those investors who put their cryptocurrency in coinrail. Now I know what is the source of the sudden price drop of the market. To those users who deposit in coinrail, there is a slight chance that they will recover their funds. It is best to leave it on the expert and wait for the news. And just move on, it is best next time to store your cryptocurrency in your own wallet.

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June 11, 2018, 06:41:53 AM
 #5

Terribly sorry for those investors who put their cryptocurrency in coinrail. Now I know what is the source of the sudden price drop of the market. To those users who deposit in coinrail, there is a slight chance that they will recover their funds. It is best to leave it on the expert and wait for the news. And just move on, it is best next time to store your cryptocurrency in your own wallet.

But there are some coins that are erc and have to be store with mew wallet, are those safe especially where the keys are not exposed?

Again, some times you don't have choice than to transfer your coins to an exchange for trade, so you can't just keep your coins in a personal wallet.

Is an unfortunate incident though.

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June 11, 2018, 06:45:48 AM
 #6

I do not have Pundix but I am concern to their holders because a blow to one exchange or legit coin is almost a blow to the whole industry and this is not right, I hope they can resolve this, tracked the hackers and tighten their security, it's every one concern now, this is one of the reason that you should have majority of your coin in your wallet.
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June 11, 2018, 07:16:22 AM
 #7

This could be a big panic for most of the PundiX holders here.
But rest assured the problem is being resolved.
Bitcoin is also affected and we can see that now with the recent decrease in price.

Here is one link for us to read.

https://www.bloomberg.com/amp/news/articles/2018-06-10/bitcoin-tumbles-most-in-two-weeks-amid-south-korea-exchange-hack

And for PundiX holders please join telegram for more updates.
t.me/pundix

Here is one of the admin's statement.
Quote
Liko Yosafat:
Dear Pundians, to assist the fight against cyber criminal activity, we’ve extended the halt of NPXS transactions based on the the request of KNPA Cyber-terror investigation team of Korean National Police Agency. We hope Coinrail hack incident can be resolved soon. Rest assured. Pundi X is NOT hacked and all the transaction are pending. Once the suspension is lifted, all the transactions will be resumed. For full detail, please read https://medium.com/p/960c6a0e2c76

this is another proof that cryptocurrency is still vulnerable to hacker attacks and is not too concerned with data security and assets of investors, although many ICOs provide data security, but that is not a guarantee that our data security and assets are guaranteed
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June 11, 2018, 06:11:15 PM
 #8

Terribly sorry for those investors who put their cryptocurrency in coinrail. Now I know what is the source of the sudden price drop of the market. To those users who deposit in coinrail, there is a slight chance that they will recover their funds. It is best to leave it on the expert and wait for the news. And just move on, it is best next time to store your cryptocurrency in your own wallet.

But there are some coins that are erc and have to be store with mew wallet, are those safe especially where the keys are not exposed?

Again, some times you don't have choice than to transfer your coins to an exchange for trade, so you can't just keep your coins in a personal wallet.

Is an unfortunate incident though.

Yes that is the most unfortunate ones. The orders that have been made specially those who are in selling order. They might have just left it before the hack was done.
You could wait for your order to be filled up. That is the safety method you could do then get it back to your wallet which is the safer place for all your coins.
It had been said here frequently. Never store your tokens in an exchange. We can see again what could happen.


this is another proof that cryptocurrency is still vulnerable to hacker attacks and is not too concerned with data security and assets of investors, although many ICOs provide data security, but that is not a guarantee that our data security and assets are guaranteed

It is an exchange that had been attacked not the crypto currency. They should be the one who is careful. History already told it but they didn't take precautionary measure.

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June 11, 2018, 06:13:07 PM
 #9

fud and price manipulation! everything repeats the events of February! do not believe fraud, soon there will be growth!
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June 11, 2018, 06:14:27 PM
 #10

-snip-
Pundix is affected imagine 3% of the entire supply is being stolen but i dont see it would really be on big matter since 3% isnt too much and talking about Bitcoin it is mainly affected when we do talk about exchange hacks and we are definitely seeing it right now which isnt really suprising. Even a minor or non so popular exchange can really put affect too much on the entire market.

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June 11, 2018, 06:17:46 PM
 #11

when the developer of pundiX as disable the transaction and i'm feeling better. in fact I will hold all my NPXS, because I have been thinking about holding NPXS for a very long time so when the developer of pundiX as disable the transaction it does not matter to me.

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June 11, 2018, 06:18:34 PM
 #12

The bad news, but price PundiX fell not so much and I'm sure the project will continue to develop no matter what.

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June 11, 2018, 07:02:05 PM
 #13

Is the crypto currency so vulnerable that the theft from private wallets on the little-known Coinrail exchanger in South Korea, albeit for a larger amount - over $ 40 million, of which the PundiX token ring is $ 19.5 million, so strongly influenced the overall market decline? Now bitcoin, ethereum and other crypto currencies have fallen in price by more than ten percent. If this is so, investing in the Crypto currency is rather risky. Still, the best way is to output profit  it to fiat. So it will be more reliable.
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June 12, 2018, 08:48:55 AM
 #14

This could be a big panic for most of the PundiX holders here.
But rest assured the problem is being resolved.
Bitcoin is also affected and we can see that now with the recent decrease in price.

Here is one link for us to read.

https://www.bloomberg.com/amp/news/articles/2018-06-10/bitcoin-tumbles-most-in-two-weeks-amid-south-korea-exchange-hack

And for PundiX holders please join telegram for more updates.
t.me/pundix

Here is one of the admin's statement.
Quote
Liko Yosafat:
Dear Pundians, to assist the fight against cyber criminal activity, we’ve extended the halt of NPXS transactions based on the the request of KNPA Cyber-terror investigation team of Korean National Police Agency. We hope Coinrail hack incident can be resolved soon. Rest assured. Pundi X is NOT hacked and all the transaction are pending. Once the suspension is lifted, all the transactions will be resumed. For full detail, please read https://medium.com/p/960c6a0e2c76
It's good that I sold this token in time , but thank you for the news , perhaps it will affect the price of the token and you can buy it much cheaper .

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June 12, 2018, 11:57:41 AM
 #15

This invasion not only caused many customers to suffer a great deal of losses, but even the trading platform could not operate. The market's market conditions were also greatly affected. I am now more worried about the security of cryptocurrencies!
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June 12, 2018, 12:04:26 PM
 #16

I don´t think that PundiX has nothing to worry about, it is a good product in general but I think that it may be surpassed by more technologically advanced ones.

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June 12, 2018, 07:54:02 PM
 #17

The bad news, but price PundiX fell not so much and I'm sure the project will continue to develop no matter what.

Yes, I can still feel I am in profit despite all of that. It's ICO price should be like .001 USD after the swap.



It's good that I sold this token in time , but thank you for the news , perhaps it will affect the price of the token and you can buy it much cheaper .

Is it really a good decision that you have made?
If this shoots up to a price no one expecting then you might regret it.
I did regret selling a large portion of it. Somehow I got to buy back at a lower price so I am still in large profit by now.
But I am missing like 5k USD if the other funds was not sold.

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June 12, 2018, 09:19:47 PM
 #18

The bad news, but price PundiX fell not so much and I'm sure the project will continue to develop no matter what.

Yes, I can still feel I am in profit despite all of that. It's ICO price should be like .001 USD after the swap.



It's good that I sold this token in time , but thank you for the news , perhaps it will affect the price of the token and you can buy it much cheaper .

Is it really a good decision that you have made?
If this shoots up to a price no one expecting then you might regret it.
I did regret selling a large portion of it. Somehow I got to buy back at a lower price so I am still in large profit by now.
But I am missing like 5k USD if the other funds was not sold.

Everyone do have its own decision which we can sell off anytime as long we are profited and no matter which coin we do hold up if the price shoots up out of our expectation then anyone would really feel out that regret.When it regards on recent development and updates with Pundix, developers are quite active which we can really presume that price will still bump up on upcoming month or years. Depending on the situation thats why we do have different way on purchasing up this coin. Buy low sell high is just a basic thing.

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June 12, 2018, 09:23:13 PM
 #19

This could be a big panic for most of the PundiX holders here.
But rest assured the problem is being resolved.
Bitcoin is also affected and we can see that now with the recent decrease in price.

Here is one link for us to read.

https://www.bloomberg.com/amp/news/articles/2018-06-10/bitcoin-tumbles-most-in-two-weeks-amid-south-korea-exchange-hack

And for PundiX holders please join telegram for more updates.
t.me/pundix

Here is one of the admin's statement.
Quote
Liko Yosafat:
Dear Pundians, to assist the fight against cyber criminal activity, we’ve extended the halt of NPXS transactions based on the the request of KNPA Cyber-terror investigation team of Korean National Police Agency. We hope Coinrail hack incident can be resolved soon. Rest assured. Pundi X is NOT hacked and all the transaction are pending. Once the suspension is lifted, all the transactions will be resumed. For full detail, please read https://medium.com/p/960c6a0e2c76

ohh thats the reason why all of the altcoins yesterday was going down.
i hope it will resolve soon and the price of the market will be back to normal again.
goodluck to all holders.

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June 12, 2018, 09:25:36 PM
 #20

I just learned this information, thank you for sharing information, and maybe because this is what caused the price drop of crypto currency, I hope pundix can solve this problem soon, because I also npxs holder
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