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Offline xeroc

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In the meantime: Bter robbed ~50m NXT
« on: August 15, 2014, 10:02:01 AM »

Just received this mail from some mailinglist ..

Quote
~50 million NXT has been stolen from BTER.
The money was transferred from NXT-LSC3-VB9T-2W3V-BH7FB to NXT-8WJ7-8A2H-MBYN-3W9K4.
BTER asked Nxt community to help.

The only legit way to do it (without abusing power of developers) is to ask forgers to decide what to do:

Keep forging the current branch with 50M belonging to the thief

OR

Remove the blocks after the theft and forge another branch where 50M will belong to BTER

U still have time to roll the changes back, after 720 blocks on top it will be too late. U should try to reach Jean-Luc to get NRS version that allows to manually delete recent blocks.

To unsubscribe from these announcements, login to the forum and uncheck "Receive forum announcements and important notifications by email." in your profile.

You can view the full announcement by following this link:
https://nxtforum.org/news-and-announcements/forgers-have-been-faced-with-a-choice/

Regards,
The Nxt Forum Team.
some numbers:

50mio NXT are ~5% of the supply
worth over $1/2m
« Last Edit: August 15, 2014, 10:03:57 AM by xeroc »
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Offline xeroc

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Re: In the meantime: Bter robbed ~50m NXT
« Reply #1 on: August 15, 2014, 10:07:38 AM »
they now need to gather a majority of forgers .. which might be difficult .. to revert that particular block ..

contacting 101 delegates seems to be MUCH easier ..
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Offline Riverhead

Re: In the meantime: Bter robbed ~50m NXT
« Reply #2 on: August 15, 2014, 10:10:36 AM »
Wow. What a mess. Will be interesting to see:


1) Can they roll it back and get BTER it's money back
2) How was it stolen
3) If they can roll it back to return BTER's NXT does that say, "no one can seize your money but they can make it vanish."

Offline JA

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Re: In the meantime: Bter robbed ~50m NXT
« Reply #3 on: August 15, 2014, 10:28:32 AM »
2) How was it stolen
apparently their hosting account passsword was cracked

Offline testz

Re: In the meantime: Bter robbed ~50m NXT
« Reply #4 on: August 15, 2014, 10:50:07 AM »
2) How was it stolen
apparently their hosting account passsword was cracked

https://bitcointalk.org/index.php?topic=587007.msg8362686#msg8362686
Quote
According to Bter, they have 2factor auth on everything except one server which held Nxt. ( https://nxtforum.org/news-and-announcements/forgers-have-been-faced-with-a-choice/msg81752/#msg81752 ) According to someone claiming to be the thief, not so much (https://nxtforum.org/news-and-announcements/forgers-have-been-faced-with-a-choice/msg81888/#msg81888 )

Possible good news: Message from hacker to Bter " Okay, so I'll send everything back right now, if I get compensated."

Offline xeroc

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Re: In the meantime: Bter robbed ~50m NXT
« Reply #5 on: August 15, 2014, 10:53:57 AM »
2) How was it stolen
apparently their hosting account passsword was cracked

https://bitcointalk.org/index.php?topic=587007.msg8362686#msg8362686
Quote
According to Bter, they have 2factor auth on everything except one server which held Nxt. ( https://nxtforum.org/news-and-announcements/forgers-have-been-faced-with-a-choice/msg81752/#msg81752 ) According to someone claiming to be the thief, not so much (https://nxtforum.org/news-and-announcements/forgers-have-been-faced-with-a-choice/msg81888/#msg81888 )

Possible good news: Message from hacker to Bter " Okay, so I'll send everything back right now, if I get compensated."

Wow .. that would make him a white hat, does it
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Offline Riverhead

Re: In the meantime: Bter robbed ~50m NXT
« Reply #6 on: August 15, 2014, 11:02:03 AM »
Compensate him in BTSX.  You know, something of value.

38PTSWarrior

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Re: In the meantime: Bter robbed ~50m NXT
« Reply #7 on: August 15, 2014, 11:07:32 AM »
2) How was it stolen
apparently their hosting account passsword was cracked

https://bitcointalk.org/index.php?topic=587007.msg8362686#msg8362686
Quote
According to Bter, they have 2factor auth on everything except one server which held Nxt. ( https://nxtforum.org/news-and-announcements/forgers-have-been-faced-with-a-choice/msg81752/#msg81752 ) According to someone claiming to be the thief, not so much (https://nxtforum.org/news-and-announcements/forgers-have-been-faced-with-a-choice/msg81888/#msg81888 )

Possible good news: Message from hacker to Bter " Okay, so I'll send everything back right now, if I get compensated."

spoiler alert! :D I was only on page seven.. what a morning read!

Offline Riverhead

Re: In the meantime: Bter robbed ~50m NXT
« Reply #8 on: August 15, 2014, 11:24:56 AM »
You can watch BTER and the Hacker negotiate live :)


https://nxtblocks.info/#section/blockexplorer_messages


38PTSWarrior

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Re: In the meantime: Bter robbed ~50m NXT
« Reply #9 on: August 15, 2014, 11:34:47 AM »

Offline Riverhead

Re: In the meantime: Bter robbed ~50m NXT
« Reply #10 on: August 15, 2014, 11:42:36 AM »
The market reacts:



Offline Riverhead

Re: In the meantime: Bter robbed ~50m NXT
« Reply #11 on: August 15, 2014, 01:53:54 PM »

Offline speedy

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Re: In the meantime: Bter robbed ~50m NXT
« Reply #12 on: August 16, 2014, 05:30:30 PM »
Given that bter just got hacked, is anyone else weary of sending them money to load up on more BTSX ?

Offline soniq

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Re: In the meantime: Bter robbed ~50m NXT
« Reply #13 on: August 16, 2014, 05:46:43 PM »
Been buying BTSX and PTS on Bter since hack, everything has worked fine.

Rumor going around is BTer didnt have 2factor on their NXT server, so it was the only asset effected.

Who knows if its true??? the conspiracy mob is out in force
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Offline CalabiYau

Re: In the meantime: Bter robbed ~50m NXT
« Reply #14 on: August 16, 2014, 06:03:38 PM »
Given that bter just got hacked, is anyone else weary of sending them money to load up on more BTSX ?

All trading "business as usual", withdrawals without issues.

 

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