Hacked Linode & coins stolen to 1NRy8GbX56MymBhDYM...

[Clipse]

It all depends on how slush manages this ordeal, worst case I would atleast want to get partial damages reimbursed.

[1715359659]

1715359659

[1715359659]

1715359659

[bitcoinsarefun]

the joys of having a superadmin account

[SgtSpike]

It all depends on how slush manages this ordeal, worst case I would atleast want to get partial damages reimbursed.

Slush already said he'd cover it from his own pocket.  No loss to anyone mining with him.

[proudhon]

the joys of having a superadmin account

So how about not having those. 

[eleuthria]

The fact that they have a super admin account that isn't restricted to whitelisted IPs is amazing.  Even my small startup (not even public outside of bitcoin forums/BTC Guild) doesn't allow administrator logins from anywhere other than my office and my home.

[DeathAndTaxes]

the joys of having a superadmin account

So how about not having those. 

This.

Superadmin account + sa in hands of 3rd party who accepts no liability =

[proudhon]

A nice gesture on their part, in addition to fixing the vulnerability and explaining exactly how they've done so, would be to accept bitcoin as payment for their service.   

[Technomage]

Well, either Linode compensates adequately for this or they will have a serious boycott campaign on their hands. If they compensate and promise to fix their systems their reputation might be saved, otherwise it will go down the drain.

[bitcoinsarefun]

I'll be surprised if they offer to cover any losses ... imaginary money and all that hooey

[btc_artist]

Wow. Watching this.

[bitcoinsarefun]

I'll be surprised if they offer to cover any losses ... imaginary money and all that hooey

oh yeah, and eric schmidt thinks p2p currency is illegal too!

[marked]

It's a bit disturbing that bitcoinica was also down at this time

3 high profile bitcoin sites all down at the same time. (19:00 UTC) - -- EDIT Ignore: I misread the 07:00 UTC in OP)

[2nd EDIT: 020212-03:12 UTC right sentiment, wrong reason.]


marked

[kano]

I'll be surprised if they offer to cover any losses ... imaginary money and all that hooey

Well that's easy to resolve.
Give them a new slush address and tell them transfer in the same imaginary money that was lost.

[malevolent]

EULA's aren't the end-all that companies make them out to be though.  Even if they say "we will not be held liable for blah blah blah", doesn't mean that a court won't hold them liable.

+1

[hashcoin]

Wow, I was actually just looking into moving some of my hosting and linode was where I had chosen.  I guess I will have to rethink that.  I'll probably go with EC2 since it seems Amazon takes security quite seriously, but EC2 is noticably more expensive.

[kano]

I am against anything that could potentially put coins into limbo and add even a hint of centralization to the mix.

plus, there is no way I would trust any organization to decide how "tainted" my coins were ... it sounds like it could be ripe for abuse

Agreed on both count, but ... read my previous post: there nothing
you can do to prevent this from being built by someone at some point.

Actually, the concept being described is completely against the Bitcoin design.

The design is of course that when a transaction occurs, it cannot be reversed.
End of story.

As soon as that is no longer true you have destroyed the Bitcoin design.
It is no longer decentralised - someone now has power over it.

If 'some' central authority has the power to deem coins good or bad, then you may as well just dump Bitcoin.

Unfortunately sometimes people hack into other people's access security information and are able to steal what is protected by that information.
That certainly does not mean we should consider giving power of Bitcoin to anyone in any manner whatsoever.
That is purely a knee-jerk reaction to the problem - and should never be done.

Of course everyone has the ability to track down the path of the coins and then possibly confront the perpetrator and request them to return the coins.
However, giving that power to any particular person or group to decide is ludicrous.

If that is what you want - then go visit SolidCoin2.0 and stay away from Bitcoin.

[glitch003]

It's a bit disturbing that bitcoinica was also down at this time

3 high profile bitcoin sites all down at the same time. (19:00 UTC) - -- EDIT Ignore: I misread the 07:00 UTC in OP)



marked

also it appears that bitcoinica is hosted at rackspace:

http://whois.domaintools.com/50.56.4.62

[dooglus]

Of course everyone has the ability to track down the path of the coins and then possibly confront the perpetrator and request them to return the coins.

A while ago I decided to track down the 'allinvain' stolen coins and see where they ended up.  It turned out that by mid February they were distributed to over 100,000 different addresses, including 8 of my own addresses.  I'm guessing somebody did a very good job of laundering them.  Either that, or this is just the natural way that bitcoins are passed around.

http://bitcoin.stackexchange.com/a/2900/659 is where I posted my findings.

[bitcoinsarefun]

Of course everyone has the ability to track down the path of the coins and then possibly confront the perpetrator and request them to return the coins.

A while ago I decided to track down the 'allinvain' stolen coins and see where they ended up.  It turned out that by mid February they were distributed to over 100,000 different addresses, including 8 of my own addresses.  I'm guessing somebody did a very good job of laundering them.  Either that, or this is just the natural way that bitcoins are passed around.

http://bitcoin.stackexchange.com/a/2900/659 is where I posted my findings.

I love that post, thanks for taking the time to do that

[DBordello]

Of course everyone has the ability to track down the path of the coins and then possibly confront the perpetrator and request them to return the coins.

A while ago I decided to track down the 'allinvain' stolen coins and see where they ended up.  It turned out that by mid February they were distributed to over 100,000 different addresses, including 8 of my own addresses.  I'm guessing somebody did a very good job of laundering them.  Either that, or this is just the natural way that bitcoins are passed around.

http://bitcoin.stackexchange.com/a/2900/659 is where I posted my findings.

Great analysis.  A good example of why we can't blacklist coins.

Dan