BTER.com Hacked, 7170 BTC stolen

[mitus-2]

from their website:


7170 BTC got stolen from our cold wallet in this transaction:

https://blockchain.info/tx/f5b0363f03e1ed8bb812c135361ea93590c831ce9f13a3750be1b93575baccc6

720 BTC bounty for chasing it back.

All wallets have been shut down and withdrawals of unaffected coins will be arranged later.





BTER.com
Email:support@mail.bter.com
Phone:400-0070-955
QQ: 4000070955


question is: How can bitcoin get stolen from a cold wallet??

[hl5460]

Rumours and more info:
http://8btc.com/thread-14084-1-1.html

[deeprocks]

wtf? BTER Hacked? I want my BTC back

[sherbyspark]

Seems there were 2 other threads on the hack. have they been moved ?
This is sad, It definitely will demotivate a lot of people in the bitcoin world

[Madness]

Rumours and more info:
http://8btc.com/thread-14084-1-1.html

Mind translating what those rumours say , Don't really speak chinese , Japonese or Korean (all looks the same to me yeah)
@OP , There is a simillar thread on Service Discussion btw

~ Madness

[olcaytu2005]

 can Blockchain stop all transaction of that address? cant bter get its btc back ?

[crazy_rabbit]

Tomorrow morning all the newsmedia will be full of the hack details and the price will plummet. Again.

[lihuajkl]

 can Blockchain stop all transaction of that address? cant bter get its btc back ?

Blockchain is decentralized. No one can really control it. 

[yayayo]

I really wonder why this still happens.

One might think that exchanges have learned something form the previous incidents...

ya.ya.yo!

[Rantzbitz]

http://bitcoinbarbie.com/bter-exchange-hacked-for-7170-btc/

[zengryT]

Not cold enought. Or is it common cold wallets can be hacked  

[Rantzbitz]

Not cold enought. Or is it common cold wallets can be hacked  

From what I've been told.

Computer with the cold wallet would need to have a virus or be accessed manually by someone inside. I'm no security expert though so some elaboration on this may be necessary

[innocent93]

Bter hacked, again, can you remember the last time hacker stole 50 millions NXT and 110 BTC from Bter?

[RockMinerOops]

Not cold enought. Or is it common cold wallets can be hacked  

From what I've been told.

Computer with the cold wallet would need to have a virus or be accessed manually by someone inside. I'm no security expert though so some elaboration on this may be necessary

They are chinese...their idea of Cold Storage is putting the computer with the wallet on it in an air conditioned room.

[mitus-2]

Not cold enought. Or is it common cold wallets can be hacked  

From what I've been told.

Computer with the cold wallet would need to have a virus or be accessed manually by someone inside. I'm no security expert though so some elaboration on this may be necessary

yep...if it really was a cold wallet the only possibility is an inside job

[jabo38]

last time they were hacked it was because they used the same password everywhere

[Big0Bang]

Not cold enought. Or is it common cold wallets can be hacked 

From what I've been told.

Computer with the cold wallet would need to have a virus or be accessed manually by someone inside. I'm no security expert though so some elaboration on this may be necessary

They are chinese...their idea of Cold Storage is putting the computer with the wallet on it in an air conditioned room.

Then you need a lesson on Chinese.

[jh7phone]

PICNIC! 0.05% of all bitcoin stolen!

Some damage was done to the charts today. Price may go down $30-$40 then it's business as usual I suppose.

When people are panicking, the smart investors are buying. Sounds like a buying opportunity to me.

[caga]

Tomorrow morning all the newsmedia will be full of the hack details and the price will plummet. Again.

Lets hope that doesn't happen. A hack always does plummet the price unfortunately :/

[pawel7777]

I really wonder why this still happens.

One might think that exchanges have learned something form the previous incidents...

Maybe they have. Claim to be 'hacked' and get away with losing clients funds.

If that was proper cold wallet, then it's likely an inside job.