BTC38 hacked?

in #bitcoin • 7 years ago (edited)

It seems BTC38 got hacked.
Hope you guys haven't had a lot of coins there.

Evidence 1

http://www.btc38.com/trade_en.html

504 Gateway Time-out

Evidence 2

At least their BTS hotwallet has been emptied to a new account about 7h ago:

Original Reddit Post

Edit:

Had to lol because I forgot that Streemian.com is x-posting my opening posts on reddit to steem. Nice to see it's still working tho not many people use it :)

7 years ago in #bitcoin by
$16.28
  • Past Payouts $16.28, 0.00 TRX
  • - Author $15.02, 0.00 TRX
  • - Curators $1.26, 0.00 TRX
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     7 years ago 
    $0.08
    • Past Payouts $0.08, 0.00 TRX
    • - Author $0.08, 0.00 TRX
    • - Curators $0.00, 0.00 TRX
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     7 years ago 

    Not surprising at all... Technically not competent exchange.

    $0.00
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       7 years ago 

      BTC38 coin here we come ;)

      $0.00
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         7 years ago 

        ugh the industry really needs exchange deposit insurance.

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           7 years ago 

          The industry really just needs to stop using centralized exchanges. It's a single point of failure and we have better options now. Prices are higher on decentralized exchanges because everyone seems to be happy having their money sitting in a ruby on rails hot wallet trading script made by some 12 year old kid living in his mom's basement instead of using services like bitsquare or the bitshares decentralized exchange.

          $1.40
          • Past Payouts $1.40, 0.00 TRX
          • - Author $1.05, 0.00 TRX
          • - Curators $0.35, 0.00 TRX
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          [-]
           7 years ago 

          great point! i agree...the age of centralized exchanges should be nearing an end. it's kinda crazy that no matter how many security breeches we still don't have more capital in the p2p exchanges, like the Bitshares DEX.

          that said, centralized exchanges ought to cover deposits with reliable third party insurance. that's a no-brainer and, like you said, contributes to the higher cost of centralized exchanges.

          $0.00
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            [-]
             7 years ago 

            I thought btc38 was bigger. Maybe it use to be. Thank you for posting this here. Also I will try to take the time to config this streemian/reddit feature. It's pretty neat.

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              [-]
               7 years ago 

              wow if thats true, its gonna be big

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                 7 years ago 

                I am thinking now might be a good time to flee back to altcoins

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                   7 years ago 

                  This post has been linked to from another place on Steem.

                  Learn more about and upvote to support linkback bot v0.5. Flag this comment if you don't want the bot to continue posting linkbacks for your posts.

                  Built by @ontofractal

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                    [-]
                     7 years ago 

                    much kudos xeroc

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