GoldCoin Talk
Economy => Trading Discussion => Topic started by: AZIZ1977 on March 17, 2014, 02:13:22 PM
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CoinexPW is reporting that a security issue has occured.
I personally think the exchange has been hacked.
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CoinexPW is reporting that a security issue has occured.
I personally think the exchange has been hacked.
Well there is an rumor that Eronduuk (dont know how its spelled) have taken everything and left.
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CoinexPW is reporting that a security issue has occured.
I personally think the exchange has been hacked.
Well there is an rumor that Eronduuk (dont know how its spelled) have taken everything and left.
Yes seen it. He erased his twitter account, github account,etc.
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Yes seen it. He erased his twitter account, github account,etc.
Sounds like they have a copy of the MtGox playbook. :)
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Quote from Bitcointalk:
Please stop posting FUD about CoinEx, we will issue an announcement within next 24hrs about how we are going to handle the situation.
Long story short: yes, our wallet server got hacked and all funds were withdrawn.
Please read back to the beginning of this thread, we had such a problem before and *returned all the stolen funds from our own pockets*. Before this hack happened, we also had several attacks that lost funds and we silently covered those from our fees.
For those who was stalking me at internets: thats true, i was trying to hide/delete my accounts. At the very first moment i saw zero balance at our bitcoin wallet i knew this was coming. And it scared the [beep] out of me. Hope you can understand that.
About me selling bitcoins at localbitcoins.com: thats true too. I have 33mh/s scrypt gpu mining farm, I have >50% of coinex fees + I get % from cryptostocks share sells. Nothing criminal here again.
So again, please calm down. We are not doing a runner.
The only way i can see to restore this is to sell more shares at cryptostocks to cover the losses *and to hire a professional security audit team to prevent this from happening again*.
Long story short, we're covering this from our own pockets again.
Thanks
- erundook
https://bitcointalk.org/index.php?topic=265277.msg5769484
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Nice to hear something from Coinex what happened to exchange.
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I hope all works out well... I had over 10,000 coins there :(
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Seems like there are a lot of hacks occurring as of late perhaps we need to take a step back and look deeply into security (I know nothing is 100%) with this recent string of hacking occurring at exchanges and pools its past time to stop and try addressing it from a serious level.
Sent from my SAMSUNG-SGH-I337 using Tapatalk
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Another update:
Hi all,
We have managed to gather about 50% of missing funds in bitcoins, we will be buying missing altcoins with them this weekend. After some calculations we came to a conclusion that 50% is a fair number to resume exchange operation and if all the users wont withdraw their funds right away, we can keep it running using fee incomes to get the second missing part covered with them. We also called several security audit companies to do an audit for coinex. We're sorry for this to take so long but it should be understandable that recovering a business from this point is really ALOT of work. I am personally a rare guest at forums and other chats since chatting doesnt really help to get it back to life, it only takes time from getting the actual things done.
Again, I am personally giving my apologies for bad estimates about restoring our services, this is a tough thing to try and estimate time for it as it depends on too much factors, like altcoin markets not being deep enough to buy in alot of coins missing from our exchange.
Another personal note: as a try to gather more funds, I am selling my GPU farm now which is 24x Radeon HD 7990 and I will be happy to send it anywhere around the world and accept bitcoins as a payment method. Those bitcoins will go to cover the coinex losses, too. You can find a pic of my rigs attached, you can buy the whole rigs or just the cards as you wish.
Pics:
http://cl.ly/UhYY
http://cl.ly/UhXl
http://cl.ly/UgWm
http://cl.ly/UhIU
Also, if anyone wants to donate to help coinex get back to life, here's the BTC addy to do that:
16Xs3TsZWwoRZnKEXJZh72FUrzWv7VKbn4
Thanks for your patience,
- erundook
https://bitcointalk.org/index.php?topic=265277.msg5955017#msg5955017
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A very interesting development. Thanks for making this post. :)
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CoinEx is back online...
https://bitcointalk.org/index.php?topic=265277.2070
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I finally took the time to log on and all of my GoldCoins are there....
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I finally took the time to log on and all of my GoldCoins are there....
That's great news!
Stouse49 said all of his Goldcoins were there too. :)
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Currently, I am trying to move my GoldCoins out of CoinEx, but they have been stuck in a withdrawal queue for 2 days.
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Currently, I am trying to move my GoldCoins out of CoinEx, but they have been stuck in a withdrawal queue for 2 days.
Any success? I'm not sure what I want to do with my coins that are there.
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Currently, I am trying to move my GoldCoins out of CoinEx, but they have been stuck in a withdrawal queue for 2 days.
Any success? I'm not sure what I want to do with my coins that are there.
There has been no success yet, 4 days still pending the withdrawal. Support was contacted, but no response yet, besides the automatic reply.
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Here is a cite that has information on CoinEx:
http://www.bejjan.net/coinex.html
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I have given up on Coinex exchange. My 3000 GLD are stuck for weeks when i tried to withdraw them.
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Another update:
Hi all,
We have managed to gather about 50% of missing funds in bitcoins, we will be buying missing altcoins with them this weekend. After some calculations we came to a conclusion that 50% is a fair number to resume exchange operation and if all the users wont withdraw their funds right away, we can keep it running using fee incomes to get the second missing part covered with them. We also called several security audit companies to do an audit for coinex. We're sorry for this to take so long but it should be understandable that recovering a business from this point is really ALOT of work. I am personally a rare guest at forums and other chats since chatting doesnt really help to get it back to life, it only takes time from getting the actual things done.
Again, I am personally giving my apologies for bad estimates about restoring our services, this is a tough thing to try and estimate time for it as it depends on too much factors, like altcoin markets not being deep enough to buy in alot of coins missing from our exchange.
Another personal note: as a try to gather more funds, I am selling my GPU farm now which is 24x Radeon HD 7990 and I will be happy to send it anywhere around the world and accept bitcoins as a payment method. Those bitcoins will go to cover the coinex losses, too. You can find a pic of my rigs attached, you can buy the whole rigs or just the cards as you wish.
Pics:
http://cl.ly/UhYY
http://cl.ly/UhXl
http://cl.ly/UgWm
http://cl.ly/UhIU
Also, if anyone wants to donate to help coinex get back to life, here's the BTC addy to do that:
16Xs3TsZWwoRZnKEXJZh72FUrzWv7VKbn4
Thanks for your patience,
- erundook
https://bitcointalk.org/index.php?topic=265277.msg5955017#msg5955017
Did erundook really ask for donations to help him get out of the mess he created in the first place?
That sounds an awful lot like banks asking for bailouts...
I say, let every struggling exchange die as fast as possible. If they can't secure an exchange they don't deserve to have a business.
They must leave and make place for better exchanges to take their business away.
Free market all the way!
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CoinEx: Another Cryptocurrency exchange that steals customer’s coins, robbed investors of over 1 million dollars
http://www.usacryptocoins.com/thecryptocurrencytimes/uncategorized/coinex-another-cryptocurrency-exchange-that-steals-customers-coins-robbed-investors-of-half-a-million-dollars/
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Thanks for posting this link.
I'll start taking down Coinex from our resource pages tonight.
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The last article can be taken with a grain of salt, but it appears that many of the CoinEx users are having trouble withdrawing various coins. That is enough reason to remove them from any recommended lists.