LocalBitcoins Releases Investigation Report on Site Wallet Issues
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....
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LocalBitcoins users took to reddit and official LocalBitcoins forums today (17th April), reporting that some bitcoin wallets managed by the company have been emptied, and that transactions have been delayed. The Finland-based bitcoin buying and selling service has now issued an official response to these claims via its blog, stating that the problem is likely the result of a malware intrusion. In the post, LocalBitcoins announced it would limit hot wallet activity on its services while it addresses the issue. Further, it released its initial assessment of the situation: "So far, we have....
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....
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....
Bitcoin exchange LocalBitcoins is currently experiencing a lengthy outage brought about by server hardware issues. However, the exchange has reassured its users that all bitcoins are safe and sound. LocalBitcoins confirmed the outage in a blog post on Sunday with a brief statement: "Our server had gone down yesterday. The reason might be hardware failure. We are researching the issue and trying to get the site back up." The company also tweeted that no bitcoins or data had been lost in the outage: Trying to get service back up. Can't provide ETA yet. All btc is safe, all data is safe, this....
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....