Sultan says so

comedy of programming errors could prove catastrophic for affected users. Blockchain, one of the Internet's most widely used Bitcoin wallets, has rushed out an update for its Android app after discovering critical cryptographic and programming flaws that can cause users to send digital coins to the wrong people with no warning. The vulnerabilities affect a subset of people who run Blockchain for Android on versions 4.1 or older of the mobile OS, according to an advisory published Thursday. The most serious of the flaws is the use of the unencrypted HTTP connections when the app's cryptographic engine contacts random.org to obtain random numbers used to generate private keys for Bitcoin addresses. Since January, random.org has required the use of the more secure HTTPS protocol and has returned a 301 Moved Permanently response when accessed through HTTP. As a result, vulnerable installations of Blockchain for Android generated the private key corresponding to the ad...

Our hot wallets was drained, coins: bitcoin, litecoin, urocoin, dogecoin, bitcoinscrypt, magi, darkcoin, dogecoindark, cannabis All coins that we have, will be returned to users. Coins stolen - in correspondingly smaller quantities. We had wallets in the ratio 60%/40% (hot/cold). withdrawals made by hacker: address amount coin ip date LN6Y9Etr5B1p6A7DdkUGUef9U4tV1NajYa 500 litecoin 46.98.75.23 2015-03-24 09:00:22.886758 LN6Y9Etr5B1p6A7DdkUGUef9U4tV1NajYa 24.99746504 litecoin 46.98.75.23 2015-03-24 08:28:21.178608 1HF3WND3pG9VEW6Kt7Qj33LoCqVbFpHp2n 0.1 bitcoin 46.98.75.23 2015-03-24 08:20:04.507378 LN6Y9Etr5B1p6A7DdkUGUef9U4tV1NajYa 7.94331864 litecoin 46.98.75.23 2015-03-24 08:06:02.539477 Um2fYEPJ9uVnC31bxaFWBD7PmrzhgUNE2D 16.89396348 urocoin 46.98.75.23 2015-03-24 08:04:50.16697 DHXBCX6qsayWYdTw9DygE5pmBfaQG9TxUk 36661.3173949...

Bitcoin exchange Paybase Monday has shutdown withdrawals from its users, causing a fury on Twitter and throughout their user base, as another exchange closure is feared. Paybase founder Josh Garza has been unavailable for comments, with many users claiming he blocks their account if pressed on this issue on Twitter. Garza has a controlling interest in the Bitcoin mining firm GAW Miners, along with many altcoin ventures. Paybase started to experience trading issues in January when the Securities Exchange Commission (SEC) began an investigation. This led to accusations that Paybase and GAW Miners were executing “fraudulent conduct in the sales of securities” with regard to the sale of their Paycoin digital currency. Like many altcoins, users are able to buy into Paycoin by exchanging Bitcoin, and Paybase would handle the transaction on it’s exchange. Paybase has a checkered past when it comes to withdrawals. All withdrawals were suspended from February 27th, 2015 to March 8th, 2...