Bitcurex Issues Follow-Up Statement on Hack Attempt That Halted Trading
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.....
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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,....
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".....
While some Bitcoin community members see this as a “curtain call” for Bitcurex, that doesn't seem to be the case. It is true not alerting platform users is no proper way of conducting business in the financial sector. Whenever a Bitcoin exchange platform shuts down, it is never a pleasant feeling. Unfortunately, not all of these companies have the financial means to sustain their operations. For Bitcurex, it appears a restructuring is in order, as they posted an official statement explaining the situation. Apparently, a new investor has been found, and changes need to be made. Although the....
Polish bitcoin exchange Bitcurex just posted an update announcing it will close following a hack attack several days ago — resulting in $1.5 going missing. It’s one of the bigger bitcoin exchanges serving the European market, specifically for trading zloty and also euros. Poland’s Most Popular Exchange. Bitcurex launched in 2012 and is a long-running....
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....