Bitstamp is down. I checked out an exchange 796.com
It got that cheesy, US facing, Jen Larsen, poker site look. They offer Spin n Go!
Bitstamp is down. I checked out an exchange 796.com
It got that cheesy, US facing, Jen Larsen, poker site look. They offer Spin n Go!
Bitstamp still down but they are promising to open in next 24 hours.
They are Slovenia but are opening up a duplicate operation in San Fransisco.
That is not a lisp you hear on the waterfront but a Slavic nerd who programs in LISP.
How can someone run this bad. I buy Amaya & they get raided. I buy BTC and major exchange shuts down and another gets DDos.
bitstamp straight hacked, 5m USD in coins vanished
One of the biggest, reliable and most trusted Bitcoin exchange — Bitstamp — on Monday announced that it has been a target of a hacking attack, which lead to the theft of "less than 19,000 BTC" (worth about $5 million in virtual currency; one BTC is about $270).
Bitstamp issued a statement on its official website in which the company warned its users not to deposit any Bitcoin to previously issued addresses, so as to prevent further losses. While the investigation is going on, the company has frozen its user accounts, blocked deposits as well as other transactions and suspended the trading business.
After the Slovenian-based Bitcoin exchange suspected the security breach over the weekend that compromised one of Bitstamp’s operational and active bitcoin storage wallets, the exchange suspended its service for the time being.
The company reassured its users that the security breach only affected its "operational wallet," i.e. only "a small fraction of customer bitcoins" that were stored on internet-connected servers.
The good news is that the European bitcoin exchange is more careful about the need for security following those high profile security breaches. Bitstamp claims it kept the wide majority of bitcoins in "cold storage," servers that aren't connected to the internet. That, if true, could mean any damage from this suspected hack may not affect the customer to the extent.
"The bulk of our [Bitstamp's] bitcoin are in cold storage, and remain completely safe," Co-founder and chief executive Nejc Kodric said in a tweet, assuring its customers that their Bitcoins are secure. According to him, any compromised bitcoins can be recovered from its "cold" offline storage reserve.
Bitstamp has also said that all customers’ "balances held prior to our temporary suspension of services will not be affected and will be honored in full."
So far, there is no clue about the hackers and how the theft happened. Also, the company hasn’t revealed any other details about suspects behind the breach or when its service will resume. "We will return to service and amend our security measures as appropriate," the company said.
"We appreciate customers’ patience during this disruption of services," Bitstamp added in the notice. "We are working to transfer a secure backup of the Bitstamp site onto a new safe environment and will be bringing this online in the coming days."
This is the another major blow to Bitcoin’s users, after the case of Japanese bitcoin exchange Mt. Gox, once one of the most influential exchanges, in which the company lost over half a billion dollars in a hack attack and liquidated itself, and the currency’s value came crashing down from over $1,000 in 2013 to about a quarter of that at present. At that same time Silk Road 2 lost over $2 million bitcoins following a hack.
However, it doesn’t mean that Bitcoin is completely losing ground. Microsoft began accepting the cryptocurrency for digital purchases from Windows, Windows Phone, Xbox Games, Xbox Music, and Xbox Video stores in the US last month. Bitstamp’s security breach is just another reminder for the exchanges that no digital assets are completely secured.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
real talk; the mystery of the plummeting bitcoin is easily explained by crews slow and steady cashing out the $500 million+ in stolen btc they've nabbed to date.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
As outrageous as that sounds, I think you are probably right.Originally Posted by sonatine
Nobody could make sense, these past few weeks, of the manner in which the "bearwhales" sold. "Oh, they must be early adopters. Low cost basis - their gains are so large price isn't too much of an issue."
Theft gets you in at a good price too.
The price has had a really fortunate retracement off the lows. I am in at $287.50 and will GTFO when that level is reached. Hopefully before Bitstamp comes back tomorrow. Who the fuck knows what will happen then.
Well, I got out. I was sweating a margin call for days. Just remembered this joke about repaying loans.
A woman was just getting out of the shower when the doorbell rang. She threw on her towel and went to the door.
Dave, a poker buddy of her husband’s was there. He looked at her in her towel for a minute and whispered “I’ll give you $500 right now if you take off your towel for just 10 seconds! That’s $50 a second!”
She thought about it and then took off her towel. He smiled, gave her the money and walked away.
When she walked back into the bedroom, her husband asked “Was that Dave? Did he bring the $500 he owed me?”
#FREEJACK #NEVERFORGET
NoFraud Online Poker Room: http://nofraud.pokerfraudalert.com:8087. For password resets and reload requests PM me.
Bitcoins transactions made legal in California from this week
http://www.coinbuzz.com/2015/01/04/c...in-acceptance/
Californian Governor Jerry Brown recently passed bill AB129 which legalizes digital currencies and alternative currencies for transactions within the state. The previous prohibition on alternative currencies was primarily targeted towards fraudulent or competitive national currencies. However, the recent emergence of crypto-currencies along with several point based currencies brought the rationality of the previous legislation into question.
As opposed to laws such as the proposed “BitLicense” attempting to restrict or monitor Bitcoin use, AB129 is actually intended to remove any legal loopholes preventing the use of Bitcoin for transactions. As of this bill going in to effect, California is now one of the most Bitcoin-friendly states in terms of legislation. This could be beneficial to the local economy, considering that Silicon Valley houses 32 of the 48 venture-capital-backed Bitcoin companies in the United States.
#FREEJACK #NEVERFORGET
NoFraud Online Poker Room: http://nofraud.pokerfraudalert.com:8087. For password resets and reload requests PM me.
Got this email today from ACR but I don't see the option in the cashier.....
San Jose, Costa Rica – January 9, 2015 – Getting money onto an online poker account has now officially become more convenient. Leading US online poker site Americas Cardroom today announced a groundbreaking move in payment processing. The poker site today becomes one of the first poker rooms to accept Bitcoin for deposits, with maximum daily transactions as high as $1,000 and minimum deposits as low as $5.
"At Americas Cardroom, we're always looking for new ways to make the lives of poker players easier. That's why we've added Bitcoin to our lineup of payment methods," stated Michael Harris, spokesperson for Americas Cardroom. "The payment system is now available in the Americas Cardroom cashier for all our players."
Bitcoin, a peer-to-peer payment system and type of virtual currency originally introduced in 2009, took the world by storm in 2013. It is open-source, which means that its design is public, nobody owns or controls Bitcoin and everyone can take part.
Today, Bitcoin ATMs can be found in several locations in North America and around the world. It's only a matter of time before more Bitcoin ATMs open up in the United States.
For now Bitcoin deposits are available at Americas Cardroom from the Cashier section of the poker client. The US-friendly site announced that withdrawals will follow in the next few days.
Bitcoin deposits are immediately converted to US dollars and available for real money play at Americas Cardroom's online poker tables.
This could actually be bad news for bitcoin gambling, as this legalizes bitcoin as a "currency" and they can no longer claim they are just wagering meaningless internet coins.
Make sure you check out the article just posted by the Economist.....will try to get a link
I'm really interested in how this works out. There is a thread about it on 2+2 (UGH! reading 2+2 makes me appreciate you guys so much more). I've played on WPN via Betcoin but I really don't care for it. I really dislike the loosing hand showdown folds on WPN but could be worth checking out another skin. Hopefully more US facing sites fallow this path.
What do you mean losing hand showdown folds?I'm really interested in how this works out. There is a thread about it on 2+2 (UGH! reading 2+2 makes me appreciate you guys so much more). I've played on WPN via Betcoin but I really don't care for it. I really dislike the loosing hand showdown folds on WPN but could be worth checking out another skin. Hopefully more US facing sites fallow this path.
Are you saying on WPN you can't see the losing hand in the HH?
you dont see the losing hand druffski
Yeah, losing hand is not shown on WPN but the CEO says that will change which means it probably will in a year cause they are slow moving with things like this.
Sounds like hacking bitcoins is not even an illegal activity since most govt dont even consider it anything right?
any chance that the recent ddos'ing of major tournaments on WPN is a result of them rolling out BTC for deposits and cashouts?
Sounds like a question for the icon Bryan Micon.
felony computer trespass, damage over 5k.
interstate wire fraud.
conspiracy.
money laundering.
so on, so forth.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
i dont see it, personally. i mean, why get upset over them accepting btc?
i know nothing about this specifically but if i had to give my best guess, id say they purged some botnet and froze a ton of assets.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
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