LocalBitcoins Finds No Evidence of Compromised Site Security
Yesterday's news that a number of LocalBitcoins.com users reported missing bitcoins came as a shock to the bitcoin community, no surprise. Could the trusted platform used by enthusiasts have been compromised in some manner? According to the service, the answer is no. In a blog post dated Friday, April 18th, the company presented their evidence as to why they aren't responsible for the recent losses of a small subset of their user base. "LocalBitcoins team did not found any evidence of compromised site security," they said. What made the story interesting is at least one of the users who....
Related News
Following yesterday's statement from LocalBitcoins regarding issues with its wallet service, the website has released its follow-up investigation report. The report focused in part on claims that the site's two-factor authentication failed to prevent a wallet breach. LocalBitcoins also addressed the cause of withdrawal delays that took place as users tried to move their bitcoins away from the site following the posting of user concerns on reddit. The LocalBitcoins team wrote in the report's introduction: "LocalBitcoins team did not found any evidence of compromised site security." Report....
Today, May 3, 2014 LocalBitcoins reported a "very dangerous attack" on the site's infrastructure. As of now, LocalBitcoins has released a statement saying that none of their users data or Bitcoins have been affected and in the meantime "the site will be down for a while as the system is being rebuilt." LocalBitcoins hosting service had received a request to restart the website's server that apparently came from a "spoofed email" and other flaws in the hosting provider's support system. LocalBitcoins became aware of the situation shortly after this abnormal activity started. The attacker....
Digital currency exchange Localbitcoins suffered a security breach over the weekend, but was quick to respond by taking the site offline and reassuring clients that their bitcoins and user data are safe. The exchange described the attack as "very dangerous" and said it targeted the site infrastructure. The breach occurred on Sunday and allowed the intruder to briefly gain access to the server console. Hosting weakness. The attack appears to have been carried out with some good old-fashioned social engineering. Localbitcoins explained: "Localbitcoins hosting received a request to restart....
It seems someone really wants LocalBitcoins users money or to take down their entire business… Here is LocalBitcoins press release: LocalBitcoins received a very dangerous attack against the site infrastructure on Saturday 3.5.2014. For now All user data and Bitcoins are safe; The site will be down for a while as the system is being rebuilt. Details. LocalBitcoins hosting provided received a request to restart the LocalBitcoins.com website server and give access to the server console (root) on Sat May 3 13:32:27. LocalBitcoins team did not initiate this request. For now, it looks like the....
Having some trouble reaching LocalBitcoins.com? If so, is it just really slow? You're not the only one. The popular service - which connects buyers and sellers of bitcoin from around the world - is seemingly having technical issues once again, in what is yet another long outage that is frustrating users. Upon accessing the site (by our experimentation here), the end user is provided with a cached version of the website from Cloudflare, a denial-of-service protection and content delivery network (also in use by NEWSBTC along with many other websites on the web). The message: This page....