A Bitcoin exchange based in Alberta, Canada has been hacked. Before MapleChange Twitter page was shutdown, MapleChange announced on Twitter that they no longer have the funds to pay anyone.
$6 Million Stolen from MapleChange
About an hour before deleting their Twitter page, the exchange said, in the manner of a statement, that a “bug” had allowed “some people” to withdraw all funds from the market. Educated readers can remember a time when Mount Gox had similar problems. The treatment of both cases by their administrators was radically different. In the case of Mt. Gox, attempts have been made to repair the damage, although the damage has worsened. They went so far as to manipulate the Bitcoin price to recover lost funds from customers before anyone discovered it.
The MapleChange account on Twitter had fewer than 2,000 subscribers
Coinbase, on the other hand, has more than one million followers on Twitter and the C-Cex Alt-Coin Exchange, less known, has nearly 100,000. In short, Cryptonaughts tends to be very active on Twitter and the base of viewers on this platform is a reasonably decent way to measure the popularity of a product or service in the room.
It’s been a while since we were able to report an old-fashioned exit scam. In the crypt room, we saw them mainly in games of chance, in the dark network and in exchanges. The recipe is simple: earn the trust of some customers, collect all your funds in one place and save yourself with the money. In fact, no matter what method you use to run away from money, whether you claim a ride, activate it, or deactivate it. The least common practice (of today) comes from the old wisdom of putting the coins out of circulation during the night. You never know what will happen next, and in cryptocurrency you have nothing if you do not have your own private keys. This is the nature of the thing.
MapleChange will not make any Refunds Directly
MapleChange has ensured its users a thorough investigation into this vulnerability. However, the exchange excluded the possibility that the users concerned will receive a refund before the end of the investigation.
“Because we do not have the money to pay someone, we must end the IPO, including all our social networks,” wrote Tweetple MapleChange.
MapleChange later announced that the hacker could only get away with eight BTCs, while 919 bitcoins floated on the Web.
The stock market did not specify a tentative schedule in which users could expect a refund. It is hoped that most of the merchants who lost their money during the attack did not welcome the news. His opinion was reiterated by the extended cryptographic community, and the consensus is that a fault cannot be rejected.
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