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A small Bitcoin exchange based in Alberta, Canada, is offline. Before their Twitter page was disconnected, MapleChange announced on Twitter "[had] more money to repay anyone. "
As an explanation, about an hour before the removal of his Twitter page, the exchange had stated that a "bug" had allowed "some people" to withdraw all funds from the exchange. Educated readers can remember a time when Mount. Gox called for similar problems. The treatment of both cases by their administrators was radically different. In the case of Mt. Gox, attempts were made to repair the damage, although they caused more damage. They went so far as to manipulate the Bitcoin price almost naked in an attempt to recover lost funds before anyone discovered it.
The MapleChange Twitter account had fewer than 2,000 subscribers.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "In contrast, Coinbase has more than one million followers on Twitter and the exchange of altcoins less known than C-Cex has nearly 100,000. In short, cryptonaughts is usually very active on Twitter and the audience on this platform is a semi-decent way to judge the popularity of a product or service in space. "Data-reactid =" 25 "> By contrast, Coinbase has more than 1 million followers on Twitter and the lesser known exchange of C-Cex altoin has nearly 100,000. In short, cryptonaughts are usually very active on Twitter and the audience on this platform is a semi-decent way to judge the popularity of a product or service in space.
Experts and customers fear a scam on exit
bitcoin exchange hack
It's been a long time since we were able to report on a good scam at the exit. In the crypto space, we mainly saw them in games of chance, the dark Web and the exchanges. The recipe is fundamental: win the trust of certain customers, collect all their funds in the same place and fly with the money. It does not matter what method you use to make money, whether you're asking for hacking or just missing. The less common practice (today) is precisely the origin of the old wisdom of keeping coins away from trade, etc. overnight. You never know what will happen next, and in cryptocurrency you have nothing if you do not have your own private keys. It's just the nature of the thing.
Unfortunately, the "hacking" of MapleChange has all the signs of a scam on the way out.
For starters, it's not necessary for the exchange to delete its social media pages or disappear completely in the same way. There is no doubt that she has debts to a number of depositors, probably a very small number, but in business, that happens, and that's what the courts of insurance or bankruptcy.
The short time between the announcement of the "bug" and the total disappearance of the exchange or its operators is another signal.
The domain itself, recorded in GoDaddy by a "Flavius P", is suspect. Most business operations struggle to stand out, especially those who manage other people's money.
The synchronization of problems is another important factor to guess that it is not a hack or a bug, but a complex and premeditated scam. As you can see in the recent traffic statistics from MapleChange.com, they probably did more business in the last week than they had recently. If they are guilty of fraud, they strike early on a Sunday morning while they are probably expecting most customers to be deeply asleep.
This story will be updated as new information becomes available. MapleChange representatives are encouraged to contact CCN for more information.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Pictures of Shutterstock"data-reactid =" 46 ">Pictures of Shutterstock
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Newsflash: Canadian Bitcoin Exchange "Hacked" appeared first on CCN.
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Newsflash: Canadian Bitcoin Exchange "Hacked" appeared first on CCN.
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