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Author Topic: BTER.com hacked| 7170 BTC stolen | DON'T KEEP YOUR MONEY ON AN EXCHANGE |  (Read 119720 times)
bukeyi
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February 18, 2015, 05:36:07 AM
 #261

Seems like they're gonna allow withdrawals for altcoins after Chinese Newyear, they just posted this on their Weibo (Google translated):

最近让用户担心了,我们将在春节后首先安排人民币以及美元的提现工作,届时用户可以登录验证后提取账户中的余额。其他虚拟币的提现工作将在确保数字钱包安全的情况下陆续开通。首批开通提现的虚拟币将包括NXT,XCP,XTC等。

"Recently allows users worry, we will first arrange withdrawals work renminbi and the dollar after the Spring Festival, then the user can log on after the extraction verify account balances. Withdraw the work of other virtual currency will be opened in ensuring the safety of the digital wallet. The first opening of a virtual currency withdrawals will include NXT, XCP, XTC, etc."

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February 18, 2015, 05:44:26 AM
 #262

Seems like they're gonna allow withdrawals for altcoins after Chinese Newyear, they just posted this on their Weibo (Google translated):

最近让用户担心了,我们将在春节后首先安排人民币以及美元的提现工作,届时用户可以登录验证后提取账户中的余额。其他虚拟币的提现工作将在确保数字钱包安全的情况下陆续开通。首批开通提现的虚拟币将包括NXT,XCP,XTC等。

"Recently allows users worry, we will first arrange withdrawals work renminbi and the dollar after the Spring Festival, then the user can log on after the extraction verify account balances. Withdraw the work of other virtual currency will be opened in ensuring the safety of the digital wallet. The first opening of a virtual currency withdrawals will include NXT, XCP, XTC, etc."



Thanks for the information.
btcxyzzz
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February 18, 2015, 06:08:59 AM
 #263

They are obviously favorizing chinese users then. Why didn't they posted it on website or tweeter?

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Kn_os
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February 18, 2015, 06:38:40 AM
 #264

They are obviously favorizing chinese users then. Why didn't they posted it on website or tweeter?

Yeh they do not even bother to translate them message and copy it on twitter.

I do not understand why they going to open exchange only after holidays? They lost 1.5m$ users money and gonna left on holidays to celebrate and drink beer? Ah, sure, now they have money for celebrate.
cshelswell
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February 18, 2015, 06:41:51 AM
 #265

They are obviously favorizing chinese users then. Why didn't they posted it on website or tweeter?

Yeh they do not even bother to translate them message and copy it on twitter.

I do not understand why they going to open exchange only after holidays? They lost 1.5m$ users money and gonna left on holidays to celebrate and drink beer? Ah, sure, now they have money for celebrate.

From my experience with and in China they don't do anything over Chinese new year. I think they don't get much time off normally so this one holiday is well used.

Though, yeah, it would be kind of cool if they could open it up again so people don't have to worry if they're going to get their alts back.

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February 18, 2015, 07:46:33 AM
 #266

They have said they will start arranging withdrawal after their holidays which are till 24th. So wait for a week at least before hoping for any funds.
btcxyzzz
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February 18, 2015, 08:00:56 AM
 #267

They have said they will start arranging withdrawal after their holidays which are till 24th. So wait for a week at least before hoping for any funds.

That is plain irresponsinble from them. Seems like holidays are just buying of time. RIP Bter.

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redsn0w (OP)
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February 18, 2015, 08:25:47 AM
 #268

They have said they will start arranging withdrawal after their holidays which are till 24th. So wait for a week at least before hoping for any funds.

That is plain irresponsinble from them. Seems like holidays are just buying of time. RIP Bter.

They have updated their webpage, now if someone wants info should visit (first register) http://weibo.com/btercom   and their twitter account (the last tweet is of 29 Jan) :  https://twitter.com/btercom


tee-rex
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February 18, 2015, 08:57:55 AM
 #269

Seems like they're gonna allow withdrawals for altcoins after Chinese Newyear, they just posted this on their Weibo (Google translated):

最近让用户担心了,我们将在春节后首先安排人民币以及美元的提现工作,届时用户可以登录验证后提取账户中的余额。其他虚拟币的提现工作将在确保数字钱包安全的情况下陆续开通。首批开通提现的虚拟币将包括NXT,XCP,XTC等。

"Recently allows users worry, we will first arrange withdrawals work renminbi and the dollar after the Spring Festival, then the user can log on after the extraction verify account balances. Withdraw the work of other virtual currency will be opened in ensuring the safety of the digital wallet. The first opening of a virtual currency withdrawals will include NXT, XCP, XTC, etc."

In 2015 the Chinese New Year will be celebrated on Thursday, February 19. The withdrawals of renminbi and dollars will be first arranged since they require bank transfers and are less prone to hackery and thievery, as I see it.
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February 18, 2015, 08:59:23 AM
 #270

"We continue to track the hacker transfer records analysis: OLink to this page if you have a new discovery, I hope you can provide clues for us.
Here, thanks to Bitcoin Chinese American security team gives us safety advice, thank lengthy interviews,
Bao Er Ye enthusiastic help, thank Rui fire block analysis provides us, thank you friends to provide security advice and clues for us."
btcxyzzz
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February 18, 2015, 09:21:24 AM
 #271

"We continue to track the hacker transfer records analysis: OLink to this page if you have a new discovery, I hope you can provide clues for us.
Here, thanks to Bitcoin Chinese American security team gives us safety advice, thank lengthy interviews,
Bao Er Ye enthusiastic help, thank Rui fire block analysis provides us, thank you friends to provide security advice and clues for us."

That's so nice, thank you very much Bter, but it can't be the reason for delaying of altcoin withdrawal.

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cshelswell
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February 18, 2015, 09:24:53 AM
 #272

i have a feeling if they open up to withdraw alts everyone is going to withdraw asap which I suspect will spell the end of BTER

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February 18, 2015, 09:34:43 AM
 #273

i have a feeling if they open up to withdraw alts everyone is going to withdraw asap which I suspect will spell the end of BTER

You'd think so, wouldn't you?
But something tells me that some people will still trust them enough to trade there, and keep their coins there.
BTER's like a cat. 9 lives. We'll see if this was the 9th or not.
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February 18, 2015, 09:42:40 AM
 #274

Can anybody tell when exactly end this holidays?
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February 18, 2015, 09:51:21 AM
 #275

i have a feeling if they open up to withdraw alts everyone is going to withdraw asap which I suspect will spell the end of BTER
If they will show reasonable plan for compensate btc lose, even if it will take year or two, if they will show that they increased security, if it will be proven that it was real hack due to lack of security like not keeping cold wallet offline(things which can be learned and fixed), but not inside thiefing.. I could continue trading on bter.. Sure them volume will drop, but if they will work on it they could return traders..

But it is all senseless to talk untile they not even start to return single doge coin :| I still not sure that it is not just a usual scam like mintpal and owners just not gonna run with all money.
stdset
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February 18, 2015, 10:05:06 AM
 #276

I still not sure that it is not just a usual scam like mintpal and owners just not gonna run with all money.
Half a year ago, when 50M NXT were stolen from their exchange, they proved they are not scammers. At least it was so half a year aro.

tee-rex
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February 18, 2015, 10:40:37 AM
 #277

Updates from Twitter:

Quote
We are seeking all ways to compensate our users including selling http://BTER.com  (Debits & funds not included): admin@mail.bter.com
Quote
CNY and USD withdrawals will be enabled first in these days and the crypto-coins (NXT etc)will be handled later when we make sure it's safe.

It appears that they are going to sell just Bter liabilities.
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February 18, 2015, 10:49:44 AM
 #278

Selling name? go ahead, selling exchange is big no no no, no more  Alex Green, please. At pleast not before they will send me all my alt coins..
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February 18, 2015, 10:59:00 AM
 #279

Updates from Twitter:

Quote
We are seeking all ways to compensate our users including selling http://BTER.com  (Debits & funds not included): admin@mail.bter.com
Quote
CNY and USD withdrawals will be enabled first in these days and the crypto-coins (NXT etc)will be handled later when we make sure it's safe.

It appears that they are going to sell just Bter liabilities.

The are considering to sell the exchange? For me that implies some bad news.
Also, how are they going to sell bter but not their debts? Sounds like they want to cover their losses Huh
redsn0w (OP)
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February 18, 2015, 11:15:54 AM
 #280

Updates from Twitter:

Quote
We are seeking all ways to compensate our users including selling http://BTER.com  (Debits & funds not included): admin@mail.bter.com
Quote
CNY and USD withdrawals will be enabled first in these days and the crypto-coins (NXT etc)will be handled later when we make sure it's safe.

It appears that they are going to sell just Bter liabilities.

Thanks I've added the screenshots of their two tweets. It seems they want "reimburse" all the losses, let's see how much time will it take.
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