inputsio_hacked_for_over_4000_bitcoins [Devtome]

[L] SFYL pending. Captain of the industry TradeFortress reboots '' as '' after previously losing $1.2M worth of Bitcoin in a "hack".

[L] SFYL pending. Captain of the industry TradeFortress reboots '' as '' after previously losing $1.2M worth of Bitcoin in a submitted by _______SFYL_________ to Buttcoin [link] [comments]

Quiz time: Name a bitcoin brokerage that will never have a headline ending with "... unable to repay customers following alleged heist"?

Answer: Novauri.
Sign up for our closed US beta in Q2 2015 and we will waive your purchase and sale fees. Forever.
Novauri is a bitcoin purchase and sale service going into a closed US beta in Q2 of this year. What's different about Novauri?
When you create your account with Novauri and generate a wallet, we never, ever have access to your private keys. This isn't an option, it's the design of the service. We even let you add your own address (such as a paper or hardware wallet), and we'll send bitcoin you buy directly to it.
So what? Why should you care?
This won't happen to you at Novauri.
Or this.
Or this.
Or this.
Or this.
Or this.
Or this.
Or this.
Or this.
Or this.
Or this.
Or this.
Or this.
Or dozens of others.
Novauri is designed to work safely with bitcoin and let you keep control of your money. We told you so then, and we are telling you again now. Services that pool any customer bitcoin are not safe, regardless of their level of security. Insiders are humans, and some of them steal and most of them can be manipulated.
We're clear to operate in the majority of US states for our online service, and we are working on the rest aggressively. Keeping a bank is always hard for a brokerage without powerful connections, but we are confident we will still launch in Q2 as promised.
Please sign up for our service and give us your support.
Thank you!
submitted by MrMadden to Bitcoin [link] [comments]

Last time, Coindesk promoted, and this time it goes on to promote coinjar.

Edit:, instead of
Zhou Tong and Tradefortress---two infamous scammers----seems to be the same person.
If that's the fact, then every year in the past he created an bitcoin related "application"----most likely to be wallet service----to steal users' money. And each time, many famous news source such as Coindesk will promote his new service intensely.
It's weird, yes?
submitted by lovebitcoin to Bitcoin [link] [comments]

Authoritarian @gladoscc on GitHub (who proposed removing Coinbase from is known scammer TradeFortress

User [email protected] -- webmaster for both and -- ties TradeFortress to Hashie...
This is the monster created by Core / Blockstream / theymos censorship and broken governance and misunderstanding of Nakamoto consensus - the inevitable result is they end up enabling a known authoritarian / scammer like @gladoscc - allowing him to help set policy for a p2p network currently worth 7 billion USD (when instead he would be exposed, ridiculed and shunned in a non-censored community).
A sampling of autoritarian comments from @gladoscc is shown below:
We definitely need to coerce Coinbase into switching back to Bitcoin Core. If we do not take any action, we're setting a dangerous precedent where other wallets and services are allowed to break apart from the consensus.
– @gladoscc
I think we may need to start an accreditation scheme for Bitcoin [Core / Blockstream]-consensus compliant wallets and services.
– @gladoscc
Removing Coinbase from is not 'banishment', we're just expressing our opposition.
I have been calling for Coinbase,, Xapo, Circle, BitGo, etc to be removed from a long time ago. I still think we should preemptively remove all the above services until they sign a letter renouncing their support for Bitcoin Xt, and anything Gavin or Hearn makes.
– @gladoscc
I'm not sure how we can reliably identify transactions as from Coinbase, but even if we could, we should not reject Coinbase transactions as it removes fungibility of bitcoin.
Instead, if we can reliably identify their transactions, we could set a fee multiplier for Coinbase/ transactions, like 4x. Bitcoin Core already intends to do this in inverse with the 0.25x multiplier for SegWit, the preferred Bitcoin scaling solution.
A better long term solution may be provable computing, plus multisig, with miners verifying that transactions have been signed by Blockstream or another entity in that the node/wallet they are running is compliant with Bitcoin [Core / Blockstream] consensus rules.
– @gladoscc
Core / Blockstream / theymos have forgotten the definition of Nakamoto consensus:
The idea expressed by various Core devs / supporters that consensus rules "aren't up for CPU vote" reflects either a bizarre misunderstanding of permissionlessness or a deliberate attempt to dissemble. – tsontar
submitted by ydtm to btc [link] [comments]

Thief Zhou tong remains unpunished, so he comes back to start another "application" to steal more btc. Is that so called "free market" for him?

Australia? Zhou tong comes back with tradefortress this time? Or they are the same person?
Zhou Tong born in China, completed his high school education in Singapore. and currently resides in Melbourne, Australia.
Tradefortress is known as an Australia resident from China.
Similar age.
Zhou tong is a typical Chinese thief, who does not care about his name and never cherish honesty. So he can still steal money even when everyone knows who is he and who are his family members. Same as the webmaster of bter and tradefortress: another two Chinese people.
Now he comes back with his Coinjar. He said he brings in another "application" for Bitcoin community.
I would say, fraudulent/evil application does harm to Bitcoin, we don't need it.
I would say, thieves/scammers doe harm to Bitcoin, we don't need them.
One day, most of us will realize that we don't need any Chinese to provide any "wallet"/"bank"/"exchange" service. Perhaps after 1 million times of scam. Many of us will say: it's free market.
submitted by lovebitcoin to Bitcoin [link] [comments]

Even now I can't believe my savings on MtGox has gone forever.

I used mtgox as my online wallet, and there was 700 btc there before the crisis.
Later, I bought hundreds of btc via bitcointalk, at the ratio of 0.75
I even received emails from MtGox Customer service saying that "all the btc are safe".
Things go so weird that till now I still have hope, even that I know it's not realistic.
I ever believed Mark is very very honest, but now I have to begin to doubt.
I am not an early adopter, and now I feel very sad.
I feel being robbed and I can do nothing.
I always believe that bitcoin itself don't need regulation, while bitcoin enterprise should be regulated properly.
I don't know why so many people like “tradefortress” insist that everything about bitcoin need not being regulated while they are trying to make profit on the bitcoin.
I love bitcoin so much, partly because this sentence by Satoshi: I’ve been working on bitcoin’s design) since 2007. At some point I became convinced there was a way to do this without any trust required at all and couldn’t resist to keep thinking about it.
I hate hackers and fraudsters, they are impairing bitcoin Under the banner of supporting bitcoin.
submitted by lovebitcoin to Bitcoin [link] [comments] is a Bitcoin Foundation Silver Member, and Anonymous?

"Questions are now being asked publicly about’s main developer Tradefortress, who, whilst still not widely known in public, claims to have a deep understanding of the complexities of security procedures for bitcoin wallets." per
But does Bitcoin Foundation really let an anonymous party register as a Silver Member?
submitted by cointastical to Bitcoin [link] [comments]

What is Bitcoin? Bitcoin Explained Simply for Dummies ... What is a Wallet? (Cryptocurrency Basics) FBI's BITCOIN WALLET  BTC Institutional Investment ... Bitcoin News 🔥 - YouTube BTC y Wallets  Video 1  Tutorial Concepto y Crear Monedero, a shared online wallet run by a little-known Australian web developer known as TradeFortress, was allegedly hacked on October 26th, 2013.TradeFortress informed the bitcoin community that approximately 4,100 bitcoins—currently valued at over $1.2 million—were stolen from the shared wallet that held bitcoins deposited by users. One of the first major Bitcoin hacks, of 25,000 BTC (at the time worth $500,000, but now worth more than $75m), was taken from a wallet file stored on the hard rive of a windows computer in June 2011. October 17th #bitcoin-otc trade channel appears on IRC freenode. October 28th First short trade transaction: 100 coins between users nanotube and kiba on #bitcoin-otc. November 6th Bitcoin share capital reaches 1 million USD. Its exchange rate on MtGox reaches USD$0.50 per BTC. December 7th User doublec creates a Bitcoin app for the Nokia N900. User ribuck sends 0.42 BTC in the first ever P2P ..., which was intended to be a high-security bitcoin web wallet, was apparently hacked on the 23rd of October, when thieves stole bitcoins worth over $1.2m at current BPI prices. The ... A bitcoin user who calls himself TradeFortress says more than 4,100 bitcoins worth about $1.1 million have been robbed from his website. The stolen bitcoins are owned by the users of his website ...

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