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Bitcoin Forum > Bitcoin > Bitcoin Discussion > Press > [2015-02-15] Chinese Bitcoin Exchanges Huobi and Bter Experiencing Issues
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LiteCoinGuy (OP)
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February 15, 2015, 04:24:07 PM
 #1
Chinese Bitcoin Exchanges Huobi and Bter Experiencing Issues

Trouble seems to be brewing over in China, as two of the country’s major exchanges have been experiencing issues over the past 12 hours, and we are still awaiting official word on what is going on at this point in time. Rumours are circulating on Reddit that one - or maybe even both exchanges - have been compromised.

http://www.cryptoarticles.com/crypto-news/chinese-bitcoin-exchanges-huobi-and-bter-experiencing-issues
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February 15, 2015, 06:50:57 PM
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Massive issues indeed, especially on Bter...
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February 15, 2015, 07:55:23 PM
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http://www.coindesk.com/bter-bitcoin-stolen-cold-wallet-hack/
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February 16, 2015, 05:19:36 AM
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Quote from: LiteCoinGuy on February 15, 2015, 07:55:23 PM
http://www.coindesk.com/bter-bitcoin-stolen-cold-wallet-hack/

How can a cold wallet be hacked? Somebody brute forced the private key?
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February 16, 2015, 12:19:52 PM
 #5
Quote from: bitbouillion on February 16, 2015, 05:19:36 AM
Quote from: LiteCoinGuy on February 15, 2015, 07:55:23 PM
http://www.coindesk.com/bter-bitcoin-stolen-cold-wallet-hack/

How can a cold wallet be hacked? Somebody brute forced the private key?

Impossible, unless it was someone from inside the company. It would be very tempting to hit an exchange the old fashioned way, like they used to do with the banks. Just think about it, they have incredible amounts of money stored on their servers, and I doubt there's a single armed guard on duty there.

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February 16, 2015, 01:35:09 PM
 #6
I was holding a certain amount of coins that I had for trading purposes always in my exchange accounts.

But that has stopped, I sent everything to my offline wallets.

I have not even have a single satoshi there now. If I need to sell something I will just make a deposit, and sell after it posted.
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February 16, 2015, 03:11:48 PM
 #7
This is the second times when Bter got hacked, I will never trust them again!
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February 16, 2015, 07:29:06 PM
 #8
Quote from: Abbey_j on February 16, 2015, 03:11:48 PM
This is the second times when Bter got hacked, I will never trust them again!

They seemed not to learn too much with their NXT hack. I wonder who will trust them now...
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February 18, 2015, 07:26:08 AM
 #9
i see this from a different point
if they come back they will be trusted
survived 2 major attacs and that without a bailout of goverment
which bank can say they did that ?
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