CoinGecko Co-Founder Says MintPal Bitcoin Exchange Is Lost Cause
As of writing, popular bitcoin exchange MintPal is up with an alternative withdraw system after being shut down for a number of days, trapping more than $130,000 worth of cryptocurrency from its users. The company that once claimed ownership, Moopay LTD., now claims that it never had ownership in the first place and that it will be trading hands in the management. Just before claiming non-ownership, Moopay LTD. was in the process of migrating MintPal to a "version two" platform. The site was down longer than expected then as well, causing another lock out of funds prior to the recent....
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The crypto community is still recovering after Alex Green, also known as alleged scammer Ryan Kennedy, washed his hands of ownership of popular cryptocurrency exchange MintPal and supposedly stole nearly 4000 bitcoins from their cold storage. MintPal was a go-to exchange for many new altcoin users looking for a simple and easy way to play the markets. Now, users who were stolen from are discouraged while they await legal charges against Green. Also Read: CoinGecko Co-Founder Says MintPal Bitcoin Exchange Is Lost Cause. In the wake of the MintPal disaster, a new crypto-to-crypto exchange....
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....
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....
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....
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,....