Cryptocurrency Exchange MintPal Announces New Platform Release Deadline After Attack
When MooPay LTD acquired MintPal in July, their main focus was improving security. MintPal fell victim to an attack on VeriCoin earlier this year, showing a hint of weakness in their pre-existing security and some loss of faith in the exchange. Once MooPay LTD took over, they made it their mission to improve security to garner more trust and faith in the popular cryptocurrency exchange. They immediately began planning a Version Two upgrade to the site as soon as possible. On Saturday, MintPal suffered from a DDoS attack on their website, pushing the Version Two implementation by....
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Moolah has recently picked up Mintpal, the cryptocurrency exchange gaining a lot of publicity recently for events such as the attack with Vericoin ,requiring it to fork. This is a major deal because at the time, Mintpal was currently in possession of 30% of all Vericoin in circulation.Luckily Mintpal and Vericoin developers worked out a solution to thwart the hackers attacks, but something like this still shakes up the public’s trust and opinion of something, in this case an exchange. Mintpal on their official blog said: In regarding the acquisition of Mintpal, Moolah is in fact splitting....
Major altcoin exchange Mintpal has been hacked and an undisclosed amount of VeriCoin has been taken from the exchange. According to a statement posted on the exchange's official blog, the company is working with VeriCoin developers to fork the blockchain and recover the funds. At this time, the exchange is no longer processing VeriCoin withdraws. All other coins can still be withdrawn from the exchange. Mintpal stresses that VeriCoin's network itself is secure and wasn't the cause of the attack. Instead, Mintpal admits that it was its own security that was compromised and seems to imply,....
Mintpal, a popular altcoin exchange, has been hacked. In their official announcement of the matter, they revealed that the hacker specifically targeted Mintpal's large VeriCoin holdings. Mintpal was in control of 30% of existing VeriCoin, all of which was stolen by a yet unidentified hacker. Mintpal has emphasized to its users that they are still processing withdrawals for all other coins; however, they have not revealed the exact vector of the attack. Mintpal and other VRC exchanges have worked directly with VeriCoin developers to come up with a seemingly satisfactory solution for all....
Digital currency exchange platform MintPal has suffered a successful hack attack that resulted in the loss millions of vericoins from its hot wallet. The 13th July attack targeted a vulnerability in the site's withdrawal system. The hacker, according to an official statement from MintPal, was able to circumvent internal controls and authorize a withdrawal request for the contents of the vericoin wallet. Notably, the site's bitcoin and litecoin wallets were also targeted by those behind the attack. However, owing to MintPal's existing cold storage procedures for those wallets, user balances....
Moopay LTD confirmed rumors and announced today that after long talks with leading altcoin exchange MintPal, they have acquired their business. Mintpal will join the ranks of Moopay's payment processing service Moolah this August. Moopay plans to make serious security upgrades to the exchange, starting with a full audit and making sure all the back doors are closed. CCN. Founded earlier this year, MintPal has always run a business model of quality over quantity. They have done their best to make sure scam-like coins do not enter their trading platform. The exchange has seen a high amount....