Breaking: Reports of LocalBitcoins.com funds going missing
Editor's Note: Disable JavaScript before withdrawing your funds from LocalBitcoins.com. There have been numerous reports of funds being missing from the popular bitcoin trading website LocalBitcoins.com, the most popular of which was posted on reddit recently. None of these reports have been confirmed by LocalBitcoins staff. LocalBitcoins staff is aware of and is investigating the issue. The post on reddit suggested that this is not related to the recent heartbleed bug, as the user who reported the missing funds has changed their password since. In addition, the Redditor claims that his....
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"Be advised that sellers and buyers have been reporting stolen funds from their Localbitcoins wallet all day today," posted a user on social sharing website Reddit on Thursday. With a 30-character password and two-factor authentication, the user reported losing his funds on the LocalBitcoins service - a platform that allows bitcoin buyers and sellers to trade coins for cash and vice-versa. He wasn't the only one. A number of other users reported the same issue, raising concerns that the LocalBitcoins website/platform had somehow become vulnerable to a malicious attack. The service took to....
The process of purchasing bitcoins on a LocalBitcoins ATM will not require an Internet connection. It seems a few arrests in Florida are not going to slow down progress over at LocalBitcoins. LocalBitcoins ATMs are now in production, and users will soon be able to make local trades without having to find a human counterparty. Their ATMs will allow anyone to buy or sell bitcoins, and the most amazing feature of these new devices might be that they don't require an Internet connection to function. Instead of connecting with your phone, the LocalBitcoins ATM will give a user a redeemable code....
Developers of the Sharktron defi project have exit scammed with reports suggesting that TRX tokens worth up to $10 million are missing. The Tron Foundation has confirmed the theft, but is quick to inform Sharktron token holders that a portion of the missing funds has been frozen. The exit scam comes a few weeks after the Sharktron devs issued a press release inviting investors to buy the token. Binance Freezes Part of Stolen Funds However, Justin Sun’s Tron Foundation, seemingly eager to get past this event, has issued a response on Twitter. The statement, which does not state the....
Editor's Note (2PM CST): LocalBitcoins.com is now back up. Users are reporting that withdrawals are working fine. Though the LocalBitcoins team had to rescind their ETA multiple times, they were very good about keeping users updated via twitter. Websites go down for various reasons: Scams aren't the most common reason but the idea sure sticks with you. Hardware failure is an incredibly unfortunate happenstance that many a miner can relate to. Clearly, LocalBitcoins had backups in case of this occurrence. Last week, LSM Labs took their website down without warning, a response to being....
LocalBitcoins’ website has been blacklisted in one of its key markets. LocalBitcoins, a major peer-to-peer cryptocurrency exchange, is no longer available in Russia without using additional tools like a VPN.LocalBitcoins.net is officially blacklisted in Russia as local telecom regulator Roskomnadzor placed the URL on a register of platforms disseminating prohibited information.According to official data, the website was blacklisted on July 21, following an order of the Onezhsky City Court of the Arkhangelsk region.It’s not immediately clear when exactly Roskomnadzor limited the access to....