Bitcoin Exchange Doing Security Right: Bitcurex Successfully Blocked A Hacking Attack
Some 9 hours ago, astute Bitcoiners watching Bitcoin exchange charts were greeted by a surprising blip on Poland's largest Bitcoin Exchange: Bitcurex. Bitcurex has been in operation since July 2012, and is operated out of Lodz, Poland under the registered Digital Future Ltd. It seems that a hacker managed to create 94 million PLN (The Polish Zloty) and used the fiat to buy Bitcoin orders on the order book. According to witness reports from traders on Bitcurex at the time, the hacker used his hacked PLN to buy the order book and caused a noticeable ~10% change in the exchange rate. The....
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Bitcurex is back in business after thwarting a major hacking attack. Update: EUR trading is back as well. Last week, Poland's largest bitcoin exchange, Bitcurex, halted all trades to investigate a hacking attack. A malicious user attempted to obtain 19,000 BTC from the exchange with a fraudulent buy order. However, the site was shut down within 5 minutes of the buy order, and Bitcurex offered the following statement soon afterwards: Dear Users, We successfully blocked a hacking attack on Bitcurex, preventing mass theft of BTC funds of our users. Thanks to automatic safety procedures,....
This morning, it was noted that trading at Polish bitcoin exchange Bitcurex had halted trading temporarily due to issues. At the time it was immediately unclear that the cause of the downtime was related to a hack. In a follow-up statement, the company says they "successfully blocked a hacking attack," adding that "Thanks to automatic safety procedures, hackers manages to defraud only a portion of the funds stored in operational Hot Wallet Bitcurex." "The majority of funds from Hot Wallet, as well the entirety of funds from Cold Wallet and FIAT monetary funds remained intact," they added.....
After last week's hacking attack forced the site to temporarily shut down, Polish bitcoin exchange Bitcurex resumed service on 18th March. The platform said the perpetrators did not manage to break its security measures and gain full access to its operational hot wallet. "Today, we launch trade in Polish zlotys, and on Thursday at 12:00 local time in euros to ensure our support team has sufficient capacity of handling bids in this important period," Filip Godecki, a representative of Bitcurex, told CoinDesk. As earlier reported, the exchange decided to temporarily close its site on 14th of....
Bitcurex has issued an official update stating: "We inform that Bitcurex PLN will be resumed tomorrow, on March 18 at 12:00. Bitcurex EUR will be resumed on thursday on March 20, also at 12:00." UPDATE (14th March, 17:37 GMT): Bitcurex official statement added. Poland's leading bitcoin exchange Bitcurex temporarily shut down its site today following a hack which targeted funds in its users' bitcoin wallets. The exchange's staff published a message on Facebook which stated that due "to an error and ongoing maintenance works" the platform had decided to "temporarily shut down [its] service".....
This week on CCN, we learned that Mt. Gox kept trading despite its insolvency, Bitcurex successfully thwarted a hacking attempt, Dogecoin forked again, and more. Check out our top stories this week (10 March - 16 March) in video and article form. [youtube http://www.youtube.com/watch?v=X1Bh_po5xYE?rel=0]. Mt. Gox Knew it was Insolvent Yet Kept Trading for Weeks. Mt. Gox CEO Mark Karpeles knew 19 days before shutdown of the exchange's insolvency issues. Mt. Gox recently filed for bankruptcy in the United States, and after taking a closer look at the U. S. filing, it looks like Mt. Gox kept....