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crypto currency: full steam ahead or a sinking ship without a warning signal.

where is the iceberg in the darkness ahead? when will the next tragic mishap strike?? from allcrypt to coin-swap to cryptoine and to probably way more people than is reported for fear of embarrassment or public outcry and bad feedback/credibility. This poor, new voyager into an ancient art of human manipulation, subversion and influencing never knew what it was up against when it blew up in 2013 to the 1000 mark and stepped out of the basement and into the lime light for its 15 mins. a much abused, well beaten and misused form of trust, or to use the more understandable word most describe as, currency, Cryptocurrency or Bitcoin (the original starlet and main player of the bunch which forms the umbrella term cryptocoins) yes! bitcoin has taken its blows. I'll give it credit though where its due, it as taken its blows like a man and not like some wimp pleading for clemency. It rose. It rose high. It reached such glorious hight, but like Icarus's lofty flight or Ph...

ALLCRYPT CRYPTOCOIN EXCHANGE HACKED INTO OBLIVION

ALLCRYPT.COM HACKED INTO OBLIVION THIS COMES STRIGHT FROM THE ALLCRYPT.CO BLOG Posted by AllCrypt Staff on March 18, 2015 Late Sunday night AllCrypt was hacked. We spent the last few days going over logs, speaking with other crypto exchange operators and law enforcement, and here is what we know. Around 8PM on Sunday (all times EDT) our marketing director’s blog account requested a password reset. Up until the writing of this post (Wednesday morning, 10am) we do not know how the thief managed to know the marketing director’s (will refer to this as MD from here) account. Our best guess is it was an educated guess based on info found (more on that in a moment). The MD saw this email come in, and forwarded it to myself, and another team member (a technical lead/temporary assistant support staff), letting us know what happened and that he did not request the password reset. I did not see the email at the time, as I was out, and it was not a huge red flag that would require a phone...