funcho
Jr. Member
 Offline
Activity: 153
Merit: 2
do your own research
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January 26, 2018, 01:18:51 PM |
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second time i hear from weiss ratings .. where do you find information about weiss
my first impression was 4 from a 1 to 10 ( valuable information )
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https://bit.ly/bittmex
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sam_ti_dyatel
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January 26, 2018, 01:22:20 PM |
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second time i hear from weiss ratings .. where do you find information about weiss
my first impression was 4 from a 1 to 10 ( valuable information )
https://www.docdroid.net/y8xcErJ/weiss-cryptocurrency-ratings.pdf |
"There's religious fervor around all of them — some people seem to think these are the crusades and this is a holy war being fought." BlockNet
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thehihoguy
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January 26, 2018, 01:25:38 PM |
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C means hold and B means buy in weiss rating. C doesnt mean its useless or bad tech.
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rigel
Legendary
Offline
Activity: 1240
Merit: 1001
Thank God I'm an atheist
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January 26, 2018, 01:32:57 PM |
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"As far as NEM is concerned, tech is intact. We are not forking. Also, we would advise all exchanges to make use of our multi-signature smart contract which is among the best in the landscape. Coincheck didn't use them and that's why they could have been hacked. They were very relaxed with their security measures,"
Lon Wong, President of the NEM.io Foundation
Doesn’t really matter what the truth is, the crypto world is stupid and will read this as flaws with NEM’s product. Depressing, going to take a long time to recover from this. Hacker accounts will be blacklisted by exchanges, his XEM will be useless. Consider those XEM as burned; the remaining, in the log run, will gain from this hack. |
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sam_ti_dyatel
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January 26, 2018, 01:45:41 PM |
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"As far as NEM is concerned, tech is intact. We are not forking. Also, we would advise all exchanges to make use of our multi-signature smart contract which is among the best in the landscape. Coincheck didn't use them and that's why they could have been hacked. They were very relaxed with their security measures,"
Lon Wong, President of the NEM.io Foundation
Doesn’t really matter what the truth is, the crypto world is stupid and will read this as flaws with NEM’s product. Depressing, going to take a long time to recover from this. Hacker accounts will be blacklisted by exchanges, his XEM will be useless. Consider those XEM as burned; the remaining, in the log run, will gain from this hack. What about decentralized exchanges? I agree it`s good time to buy XEM |
"There's religious fervor around all of them — some people seem to think these are the crusades and this is a holy war being fought." BlockNet
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suky321
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January 26, 2018, 01:47:02 PM |
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"As far as NEM is concerned, tech is intact. We are not forking. Also, we would advise all exchanges to make use of our multi-signature smart contract which is among the best in the landscape. Coincheck didn't use them and that's why they could have been hacked. They were very relaxed with their security measures,"
Lon Wong, President of the NEM.io Foundation
Doesn’t really matter what the truth is, the crypto world is stupid and will read this as flaws with NEM’s product. Depressing, going to take a long time to recover from this. Hacker accounts will be blacklisted by exchanges, his XEM will be useless. Consider those XEM as burned; the remaining, in the log run, will gain from this hack. The accounts with the allegedly stolen funds have been tagged with a non-transferable mosaics already to do exactly that. Mosaic: mizunashi.coincheck_stolen_funds_do_not_accept_trades:owner_of_this_account_is_hacker Mosaic: gox:hackers_address |
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thehihoguy
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January 26, 2018, 01:49:24 PM |
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"As far as NEM is concerned, tech is intact. We are not forking. Also, we would advise all exchanges to make use of our multi-signature smart contract which is among the best in the landscape. Coincheck didn't use them and that's why they could have been hacked. They were very relaxed with their security measures,"
Lon Wong, President of the NEM.io Foundation
Doesn’t really matter what the truth is, the crypto world is stupid and will read this as flaws with NEM’s product. Depressing, going to take a long time to recover from this. Hacker accounts will be blacklisted by exchanges, his XEM will be useless. Consider those XEM as burned; the remaining, in the log run, will gain from this hack. The accounts with the allegedly stolen funds have been tagged with a non-transferable mosaics already to do exactly that. Mosaic: mizunashi.coincheck_stolen_funds_do_not_accept_trades:owner_of_this_account_is_hacker Mosaic: gox:hackers_address New to NEM Curious how the mosaic works, is there a laymen explanation somewhere? Like can the hacker not just transfer to a friends account and then to exchange? or do wallets also check for that mosaic? thanks in advance for explanations |
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suky321
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January 26, 2018, 02:04:34 PM |
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"As far as NEM is concerned, tech is intact. We are not forking. Also, we would advise all exchanges to make use of our multi-signature smart contract which is among the best in the landscape. Coincheck didn't use them and that's why they could have been hacked. They were very relaxed with their security measures,"
Lon Wong, President of the NEM.io Foundation
Doesn’t really matter what the truth is, the crypto world is stupid and will read this as flaws with NEM’s product. Depressing, going to take a long time to recover from this. Hacker accounts will be blacklisted by exchanges, his XEM will be useless. Consider those XEM as burned; the remaining, in the log run, will gain from this hack. The accounts with the allegedly stolen funds have been tagged with a non-transferable mosaics already to do exactly that. Mosaic: mizunashi.coincheck_stolen_funds_do_not_accept_trades:owner_of_this_account_is_hacker Mosaic: gox:hackers_address New to NEM Curious how the mosaic works, is there a laymen explanation somewhere? Like can the hacker not just transfer to a friends account and then to exchange? or do wallets also check for that mosaic? thanks in advance for explanations Looking on the blockchain, the alleged funds have been moved to a few other accounts but are frozen and non-transferable and are still remaining in the account they've been transferred to. Mosaics are assets you can create in the block chain. The nem.xem mosaic is a special mosaic that is equivalent to the xem in the system. https://nem.io/technology/https://nemlibrary.com/documentation/mosaic/ |
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fragout
Legendary
Offline
Activity: 1280
Merit: 1020
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January 26, 2018, 02:14:55 PM |
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Whats the hackers address?
Feel sry for the coincheck users. I didn't realise they were the biggest trader of NEM or at least the biggest holder.
Fork would be a very bad idea though and it looks like they are not considering it
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thehihoguy
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January 26, 2018, 02:19:19 PM |
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"As far as NEM is concerned, tech is intact. We are not forking. Also, we would advise all exchanges to make use of our multi-signature smart contract which is among the best in the landscape. Coincheck didn't use them and that's why they could have been hacked. They were very relaxed with their security measures,"
Lon Wong, President of the NEM.io Foundation
Doesn’t really matter what the truth is, the crypto world is stupid and will read this as flaws with NEM’s product. Depressing, going to take a long time to recover from this. Hacker accounts will be blacklisted by exchanges, his XEM will be useless. Consider those XEM as burned; the remaining, in the log run, will gain from this hack. The accounts with the allegedly stolen funds have been tagged with a non-transferable mosaics already to do exactly that. Mosaic: mizunashi.coincheck_stolen_funds_do_not_accept_trades:owner_of_this_account_is_hacker Mosaic: gox:hackers_address New to NEM Curious how the mosaic works, is there a laymen explanation somewhere? Like can the hacker not just transfer to a friends account and then to exchange? or do wallets also check for that mosaic? thanks in advance for explanations Looking on the blockchain, the alleged funds have been moved to a few other accounts but are frozen and non-transferable and are still remaining in the account they've been transferred to. Mosaics are assets you can create in the block chain. The nem.xem mosaic is a special mosaic that is equivalent to the xem in the system. https://nem.io/technology/https://nemlibrary.com/documentation/mosaic/But doesnt it mean the mosaic is optional to check? So if a exchange like coincheck doesnt use it, the hacker could still transfer the coins? or is it like fix rule now in the nem economy (like a smartcontract) that prevents transfer of those coins forever? |
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abaumgar
Jr. Member
Offline
Activity: 58
Merit: 2
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January 26, 2018, 02:25:26 PM |
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The XEM wallet at bittrex is on "Automated Maintenance".
How do other (your) exchanges handle it? I'm just curious.
Are there estimates how long they will have their wallets on maintenance?
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smart757
Newbie
Offline
Activity: 51
Merit: 0
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January 26, 2018, 02:58:29 PM |
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The XEM wallet at bittrex is on "Automated Maintenance".
How do other (your) exchanges handle it? I'm just curious.
Are there estimates how long they will have their wallets on maintenance?
Bittrex wallet down now too? This is not good.. not good at all. |
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fragout
Legendary
Offline
Activity: 1280
Merit: 1020
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January 26, 2018, 03:00:14 PM |
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The XEM wallet at bittrex is on "Automated Maintenance".
How do other (your) exchanges handle it? I'm just curious.
Are there estimates how long they will have their wallets on maintenance?
Maintenance until they figure out what went wrong with coincheck. Makes sense. Or else they are scrambling to enable multisig which apparently coincheck didn't bother to. Update : NEM + Coincheck are working together to track + flag the hacked wallets + related accounts with the objective of tracing the ultimate owners of the suspected wallets. NEM is identifying + flagging suspected wallets holding the stolen funds + sending info to exchanges. More soon. |
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nemwanderer
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January 26, 2018, 03:00:34 PM |
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The XEM wallet at bittrex is on "Automated Maintenance".
How do other (your) exchanges handle it? I'm just curious.
Are there estimates how long they will have their wallets on maintenance?
Bittrex wallet down now too? This is not good.. not good at all. What on earth is happening here? If this continues NEM will enter a free fall it won’t come back from. |
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abaumgar
Jr. Member
Offline
Activity: 58
Merit: 2
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January 26, 2018, 03:03:09 PM |
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The XEM wallet at bittrex is on "Automated Maintenance".
How do other (your) exchanges handle it? I'm just curious.
Are there estimates how long they will have their wallets on maintenance?
Bittrex wallet down now too? This is not good.. not good at all. What on earth is happening here? If this continues NEM will enter a free fall it won’t come back from. I don't think so, it's likely just a security measure. |
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fragout
Legendary
Offline
Activity: 1280
Merit: 1020
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January 26, 2018, 03:05:23 PM |
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The XEM wallet at bittrex is on "Automated Maintenance".
How do other (your) exchanges handle it? I'm just curious.
Are there estimates how long they will have their wallets on maintenance?
Bittrex wallet down now too? This is not good.. not good at all. What on earth is happening here? If this continues NEM will enter a free fall it won’t come back from. Try reading a few posts above. Its not all bad (except for coincheck users) as it looks like 500 million NEM might be as good as burned. |
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suky321
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January 26, 2018, 03:11:45 PM |
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Bittrex is still allowing trading for XEM already within the exchange, but the wallet is on automatic maintenance along with 5 other coins.
I guess this is a precautionary measure.
Of course, this is pure speculation until we hear the facts.
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smart757
Newbie
Offline
Activity: 51
Merit: 0
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January 26, 2018, 03:12:18 PM |
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Lets say for the sake of argument it is determined that the exchange is at fault here, not nem.
Then what? No hard fork leaves a bunch of pissed off users... Forking leaves a bunch pissed off as well.
This is bad all the way around. In any case, we just took a big kick to the balls that will take forever to recover from, if ever.
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tbandy
Jr. Member
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Activity: 167
Merit: 5
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January 26, 2018, 03:15:23 PM |
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Lets say for the sake of argument it is determined that the exchange is at fault here, not nem.
Then what? No hard fork leaves a bunch of pissed off users... Forking leaves a bunch pissed off as well.
This is bad all the way around. In any case, we just took a big kick to the balls that will take forever to recover from, if ever.
This things like this happens, now is the time to show our support buying more NEM  |
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gentlemand
Legendary
Offline
Activity: 2604
Merit: 3089
Welt Am Draht
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January 26, 2018, 03:19:20 PM |
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What on earth is happening here? If this continues NEM will enter a free fall it won’t come back from.
For someone with a 3c buy in you're awfully twitchy. Those coins are toast. No exchange will touch them. There's no such thing as XEM mixing. They'll be forever marked. The only way they could be sold would be OTC and whoever bought them would still have permanently tainted coins that no one else would touch. |
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