[Emergency ANN] Bitcoinica site is taken offline for security investigation

[Mageant]

I would suggest some radically different security concept for Bitcoinica.
Like having dedicated servers and admins or using multi-sig software.
It certainly would seem to be cheaper than continuously losing these amounts of Bitcoin.

[1714601051]

1714601051

[Raoul Duke]

He's the alleged My Bitcoin "Tom Williams" who stole everyone's BTC.

This is correct.

No way that's true, sorry. Only plain retarded folks would reach that conclusion...
If you want to find Tom Williams, head North, to Canada...

[S3052]

For all that money bitcoinica could have rented dedicated servers and admins.
Or they could have hired some programmers to write multi-sig software.

Apparently, they made 50 k USD per month as profit. They should easily be able to reimburse with a couple of months of their profit.

And I agree, if they don't reimburse, it is their end.

[SgtSpike]

He's the alleged My Bitcoin "Tom Williams" who stole everyone's BTC.

This is correct.

No way that's true, sorry. You plain retarded folks would reach that conclusion...
If you want to find Tom Williams, head North, to Canada...

Plain retarded?  Erm, I was just telling the guy why Bruce Wagner was in the image.  I didn't say whether I thought it was true or not.

Also, calling people plain retarded on the forum makes you look rather childish yourself.  Just sayin'.  

[rjk]

For all that money bitcoinica could have rented dedicated servers and admins.
Or they could have hired some programmers to write multi-sig software.

Apparently, they made 50 k USD per month as profit. They should easily be able to reimburse with a couple of months of their profit.

And I agree, if they don't reimburse, it is their end.

Can you please stop coloring all your post text, it is extremely annoying.

[kangasbros]

Are they still stealing or they receive tips? The wallet which has received stollen bitcoins is getting even more funds! 80 BTC recently added to the wallet.

http://blockchain.info/address/182tGyiczhXSSCTciVujNRkkMw1zQxUVhp

Maybe they have hacked multiple rackspace accounts, and are stealing all the funds on rackspace servers? Same style attack as for Linode?

Aren't linode and rackspace the same company, actually?

[HostFat]

Even if the amount of bitcoins is small or huge it doesn't matter.
You are still damaging the credibility of the Bitcoin project to outside people, so yes, your mistakes are hurting everyone a second time.

You should open again your service only if you know that there won't be any problem even if a meteor will crash on you.

[Raoul Duke]

He's the alleged My Bitcoin "Tom Williams" who stole everyone's BTC.

This is correct.

No way that's true, sorry. You plain retarded folks would reach that conclusion...
If you want to find Tom Williams, head North, to Canada...

Plain retarded?  Erm, I was just telling the guy why Bruce Wagner was in the image.  I didn't say whether I thought it was true or not.

Also, calling people plain retarded on the forum makes you look rather childish yourself.  Just sayin'. 

See my edit. That you was meant to be "only". lol

I was the "guy" who asked also.

The bitcoin-police gathered a lot of info about "Tom", and none of it pointed to BW, and honestly, BW's a goof, no way in hell he could've done that

[Raoul Duke]

this thread needs official update and fast

For official updates go here: http://bitcoinica.com
Please turn on your flash plugin and pur your speakers to the max for full effect!

[yochdog]

this thread needs official update and fast

+1   

[organofcorti]

this thread needs official update and fast

For official updates go here: http://bitcoinica.com
Please turn on your flash plugin and pur your speakers to the max for full effect!

Nothing to see here. Move along.

[bbulker]

This could have been avoided by not using the standard bitcoind rpc interface. If you have your own custom interface in between you can add large amounts of security measures such as withdraw verification and grace time. The hacker will also not be able to look up how your interface works by going to Google.

[rjk]

This could have been avoided by not using the standard bitcoind rpc interface. If you have your own custom interface in between you can add large amounts of security measures such as withdraw verification and grace time. The hacker will also not be able to look up how your interface works by going to Google.

How do you know? From what we have heard, it has nothing whatsoever to do with the cracking that took place. Or do you have some inside info?

[muyuu]

It's late in Asia (1:15 AM in Shanghai). I wonder if Zhoutong will get much sleep tonight.

[bbit]

this is what happens when a 17 yr. old runs a 50k per month venture .... a little bit of experience goes a long way wouldn't you say?

[organofcorti]

He's still 17? People don't age in Asia?

[davout]

this is what happens when a 17 yr. old runs a 50k per month venture .... a little bit of experience goes a long way wouldn't you say?

lame comment is lame

[bbulker]

This could have been avoided by not using the standard bitcoind rpc interface. If you have your own custom interface in between you can add large amounts of security measures such as withdraw verification and grace time. The hacker will also not be able to look up how your interface works by going to Google.

How do you know? From what we have heard, it has nothing whatsoever to do with the cracking that took place. Or do you have some inside info?

18,000 BTC was withdrawn. If you had a custom interface you could make it piss red flags when it sees a transaction with such a large amount.

[bbit]

lame comment is lame

[rjk]

lame comment is lame

In other words, you sir are a fool.