bitstamp 18,000 bitcoins stolen? -confirmed

[samaricanin]

Here is guy;

I want to sell my bitcoin.I will accept $4 million.

 

http://pastebin.com/6Gc1Zh2g

[tonygal]

Here is guy;

I want to sell my bitcoin.I will accept $4 million.

 

http://pastebin.com/6Gc1Zh2g

Yeah, someone made a stupid joke It would be particularly clever to sign with the
real name but use bitmessage.

[Zebrasko]

It is a terrible image to bitStamp , the bitcoin as protocol is very fine ... The error/mistake is from the negligence of bitStamp.

True, Bitstamp is the one to blame and Bitcoin is a good protocol, but that is not what most people going to read. The people that are not on the forums and only get the highlights will read there was another theft of Bitcoins. Which is not the whole story with all the in and outs, but still it’s the truth. It’s more negative news.

[premium_domainer]

Here is guy;

I want to sell my bitcoin.I will accept $4 million.

 

http://pastebin.com/6Gc1Zh2g

Yeah, someone made a stupid joke It would be particularly clever to sign with the
real name but use bitmessage.

might be but bitcoin address seems to be real one....

[redsn0w]

Here is guy;

I want to sell my bitcoin.I will accept $4 million.

 

http://pastebin.com/6Gc1Zh2g

Yeah, someone made a stupid joke It would be particularly clever to sign with the
real name but use bitmessage.

might be but bitcoin address seems to be real one....

He should at least sign a message from the address , something like that :

Code:

In *this moment I'm owning this address (1L2JsXHPMYuAa9ugvHGLwkdstCPUDemNCf) and today is the *06-01-2015.

Or a better thing.

[sgk]

My dad works in the UK police departament where this guy owner of Bitstramp call an theft over 100$ so this mean that also cold wallet was stolen.

What I can gather from your post:

1. Your dad works in UK police department, but your username sounds Russian
2. Your dad busted BitStamp owner over a $100 theft (I was hoping this figure would be in Pounds instead of Dollars since it was UK)
3. You are saying that point #1 & 2 given true, there is high possibility that BitStamp's cold wallet was hacked.

I want to smoke what you're smoking. 

[sgk]

Here is guy;

I want to sell my bitcoin.I will accept $4 million.

 

http://pastebin.com/6Gc1Zh2g

Yeah, someone made a stupid joke It would be particularly clever to sign with the
real name but use bitmessage.

Obviously someone faking it.

I just Googled the name and it belongs to a Senior Hezbollah member, who was killed in 2013
http://www.liveleak.com/view?i=dd7_1384692467

[Bizmark13]

My dad works in the UK police departament where this guy owner of Bitstramp call an theft over 100$ so this mean that also cold wallet was stolen.

What I can gather from your post:

1. Your dad works in UK police department, but your username sounds Russian
2. Your dad busted BitStamp owner over a $100 theft (I was hoping this figure would be in Pounds instead of Dollars since it was UK)
3. You are saying that point #1 & 2 given true, there is high possibility that BitStamp's cold wallet was hacked.

I want to smoke what you're smoking. 

"Kaczynski" sounds more like a Polish name than a Russian one. The languages are very similar though.

[DoM P]

Obviously someone faking it.

I just Googled the name and it belongs to a Senior Hezbollah member, who was killed in 2013
http://www.liveleak.com/view?i=dd7_1384692467

Of course that's a joke. How could anyone believe that for one second?

[AzzAz]

Imagine this: thief already had some other coins ( i.e. LTC, DRK etc. ) an can mix it all ?

[stonerider]

Will bitstamp ever come back online after this?

[HarmonLi]

It is a terrible image to bitStamp , the bitcoin as protocol is very fine ... The error/mistake is from the negligence of bitStamp.

True, Bitstamp is the one to blame and Bitcoin is a good protocol, but that is not what most people going to read. The people that are not on the forums and only get the highlights will read there was another theft of Bitcoins. Which is not the whole story with all the in and outs, but still it’s the truth. It’s more negative news.

Yeah you effectively still have to deal with centralized exchanges and thus depend on their trustworthiness. People will furthermore confuse things. This is pretty bad PR for Bitcoin. Nothing positive about this. Still, Bitstamp is handling the whole situation okay. Not good, but not bad either.

[Daedelus]

This BTC exchange supports multisig (from 3 servers) >>> http://multigateway.org/

The coin assets are backed up by the coins deposited in MGW[Multigateway], stored by the three MGW servers in multiple multisignature accounts for every supported coin.

In a multisignature account, the same address has several associated private keys or signatures. This means the servers have to agree, each of them providing their signature, in order to process the coin transactions – similar way to a joint bank account. The use of multisignature accounts and independent servers is what makes MGW more secure than any traditional centralized exchange account.

Bitcoin, Litecoin, BitcoinDark, Doge, Blackcoin, Viacoin and Nxt are currently supported (others listed on the site above). There are plans to offer asset to asset trading in the future (i.e. BTC to LTC).

Support can be found here, if required >>> https://nxtforum.org/nxtservices-releases/multigateway-user-support-thread/

[r0d3r1ck]

i suppose i had a lucky escape, i never saw reason to keep coins in the bitstamp exchange. i traded out of my bitstamp iou's on rippletrade when the prices went out of sync. i had to take a poor ask price in ripples but at least i got my money. the bitstamp gateway was open long after the initial announcement, and i thought i was being a little paranoid by bailing out with a haircut of about 2%.

now my ~bitstamp iou balance is nil, i had some dust in there. will be interesting to see if it comes back. anyone else see this?

[Bizmark13]

i suppose i had a lucky escape, i never saw reason to keep coins in the bitstamp exchange. i traded out of my bitstamp iou's on rippletrade when the prices went out of sync. i had to take a poor ask price in ripples but at least i got my money. the bitstamp gateway was open long after the initial announcement, and i thought i was being a little paranoid by bailing out with a haircut of about 2%.

now my ~bitstamp iou balance is nil, i had some dust in there. will be interesting to see if it comes back. anyone else see this?

Bitstamp has 200,000 BTC in reserves. Unlike Gox, they only lost a small percentage of total bitcoins during this hack so I think customers' deposits are safe. Poloniex suffered a similar hack which saw them lose 12.3 percent of their total BTC. They made it out fine.

[DoM P]

i suppose i had a lucky escape, i never saw reason to keep coins in the bitstamp exchange. i traded out of my bitstamp iou's on rippletrade when the prices went out of sync. i had to take a poor ask price in ripples but at least i got my money. the bitstamp gateway was open long after the initial announcement, and i thought i was being a little paranoid by bailing out with a haircut of about 2%.

now my ~bitstamp iou balance is nil, i had some dust in there. will be interesting to see if it comes back. anyone else see this?

Bitstamp has 200,000 BTC in reserves. Unlike Gox, they only lost a small percentage of total bitcoins during this hack so I think customers' deposits are safe. Poloniex suffered a similar hack which saw them lose 12.3 percent of their total BTC. They made it out fine.

Smells like fractional reserves...

[Bizmark13]

i suppose i had a lucky escape, i never saw reason to keep coins in the bitstamp exchange. i traded out of my bitstamp iou's on rippletrade when the prices went out of sync. i had to take a poor ask price in ripples but at least i got my money. the bitstamp gateway was open long after the initial announcement, and i thought i was being a little paranoid by bailing out with a haircut of about 2%.

now my ~bitstamp iou balance is nil, i had some dust in there. will be interesting to see if it comes back. anyone else see this?

Bitstamp has 200,000 BTC in reserves. Unlike Gox, they only lost a small percentage of total bitcoins during this hack so I think customers' deposits are safe. Poloniex suffered a similar hack which saw them lose 12.3 percent of their total BTC. They made it out fine.

Smells like fractional reserves...

Bitstamp was audited by Mike Hearn, a Bitcoin dev back in May 2014. He said that everything seemed OK and all the funds were fully backed in their cold storage wallets. This was just 8 months ago and I'd be surprised if the situation has changed since then.

[mike81]

Bitstamp was audited by Mike Hearn, a Bitcoin dev back in May 2014. He said that everything seemed OK and all the funds were fully backed in their cold storage wallets. This was just 8 months ago and I'd be surprised if the situation has changed since then.

From what i can read this only pertained to the BTC balance, not the USD balance.
On the other hand i don't think Pantera would have invested $10 million without a proper audit.

[aztecminer]

From wall observer

This is pretty weird -> https://twitter.com/AdamGuerbuez/status/551862867956617216

WTF is this? Who is this guys?

obviously.... that is Adam Guerbuez.

[aztecminer]

i suppose i had a lucky escape, i never saw reason to keep coins in the bitstamp exchange. i traded out of my bitstamp iou's on rippletrade when the prices went out of sync. i had to take a poor ask price in ripples but at least i got my money. the bitstamp gateway was open long after the initial announcement, and i thought i was being a little paranoid by bailing out with a haircut of about 2%.

now my ~bitstamp iou balance is nil, i had some dust in there. will be interesting to see if it comes back. anyone else see this?

Bitstamp has 200,000 BTC in reserves. Unlike Gox, they only lost a small percentage of total bitcoins during this hack so I think customers' deposits are safe. Poloniex suffered a similar hack which saw them lose 12.3 percent of their total BTC. They made it out fine.

Smells like fractional reserves...

Bitstamp was audited by Mike Hearn, a Bitcoin dev back in May 2014. He said that everything seemed OK and all the funds were fully backed in their cold storage wallets. This was just 8 months ago and I'd be surprised if the situation has changed since then.

from the sound of what the ceo said that they are moving the bitstamp environment to a more secure server location means that the physical servers were not so secured.
where do they keep their physical servers ?? in their moms basement ?? seems like bitstamp should at least be PCI compliant which means their servers need to be physically secured.
when they do an 'audit' then they need to do a security audit. if their stuff is not secure then they should not be in the business. hiring the engineer is expensive but cheaper than losing 5M a year.
from what i have read it sounds like someone walked in to their datacenter (or moms basement) and stuck a flash drive into the server and walked away with the wallet.dat file.
i not saying that is what happened but gathering what the ceo said and what i have read it sounds like maybe that what happened. whatever the case is they did not have sufficient security.