Breaking: CoinEx.pw hacked, all coins stolen

Breaking: CoinEx.pw hacked, all coins stolen

CoinEx.pw got hacked, all coins are stolen as reported by founder Erundook. Another one bites the dust. CoinEx.pw seems to be the next exchange that became the victim of a successful hack. Today, CoinEx finally responded on Bitcointalk.org. A few days ago, people started complaining in CoinEx' official thread at the Bitcointalk forum. At first, deposits and withdrawals seemed impossible. Shortly after that, basic trading became unavailable, as well. Some time later, the exchange went into maintenance mode, linking to their Twitter account for updates. Only one tweet was made, containing....


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Coinex back online, still missing 50% of stolen funds

CoinEx is online again, after being hacked two weeks ago. 50% of missing funds will have to be found in transaction fees. Only BTC and LTC markets are open at the moment. Two weeks ago, I reported on cryptocurrency exchange Coinex.pw being hacked. All coins were stolen, and the site went offline. After two days, founder Erundook posted a statement at Bitcointalk, saying Coinex would reimburse the stolen coins from their own pockets. Needless to say, the community felt worried and didn't want to take Erundook's word for it. As of today, Coinex is back online. Not enough funds. On March....

CoinEX.pw: We Were Hacked, But Will Cover All Losses

CoinEX.pw has confirmed it recently suffered a hack resulting in the theft of all the bitcoins in its possession. The digital currency exchange has assured customers that it is going to cover the losses out of its own pocket, although it didn't confirm the total number of bitcoins lost. In a post on the Bitcoin Talk forum, a CoinEX.pw representative under the username 'erundook' said: "Long story short: yes, our wallet server got hacked and all funds were withdrawn." He also asked users to keep calm and asserted the company's operators are not "doing a runner". Erundook (real name Vitaly....

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What should we do with stolen bitcoins?

Thousands of bitcoins have been stolen from users since the virtual currency started, and yet we can see all of these thefts happen, in real time, on the block chain. We know which addresses the stolen coins are sent to, and which ones they are stolen from. We can track the life of a bitcoin through the network. Why, then, can't we simply take those stolen coins out of commission? A UK-based digital forensic services firm, Systech, has begun offering a recovery service for lost and stolen bitcoins. The service is twofold: firstly, it will use its traditional forensic data recovery....

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