Dear PRivaCY Community,. We would like to update you on recent events regarding a bug in our system that was exploited.
09 Mar 2023, 19:10
Dear PRivaCY Community,
We would like to update you on recent events regarding a bug in our system that was exploited. On February 3rd, one of our team members alerted us to a peculiar stake, which led us to discover a minting option/bug that someone had taken advantage of. This bug was inherited from daps and had gone unnoticed by Red4Sec.
Upon discovering this issue, we promptly contacted TradeOgre, as there was a significant amount of dumping taking place. With the help of Victor, we managed to retrieve most of the coins via our buyback program, and TradeOgre provided us with the details of the person responsible for the minting.
We reached out to the perpetrator via email, and after some back-and-forth communication, he confessed to being in financial trouble and resorting to illegal means to make money. He returned the minted coins and provided some tips on fixing the bug. Although this was only partially helpful, our developers did an excellent job and fixed the bug.
However, we later discovered that he had minted even more coins, prompting us to close all exchanges and attempt to block him. Although we managed to block some of his transactions, some went through. Fortunately, TradeOgre notified us that he is now sold out, and his accounts have been blocked.
To prevent further exploitation of the bug, we have released an updated version of the wallet which can be found here (https://github.com/PRCYCoin/PRCYCoin/releases/tag/2.0.0.5). This update is mandatory, and all wallets below v2.0.0.5 will end up with no connections or on a fork.
To update for Windows/Mac users, please follow the instructions outlined in this knowledge base article:
Thank you for your understanding and support.
Best regards,
The PRivaCY Team
Same news in other sources
2
09 Mar 2023, 19:56
Dear #PRivaCY Community,
We discovered some bugs, so a Mandatory update for the wallet is waiting for you.
More info: 👇
And have a look at the #PRivaCY Checker project !😍
Dear #PRivaCY Community,. We discovered some bugs, so a Mandatory update for the wallet is waiting for you. More info:.
Dear #PRivaCY Community,
We discovered some bugs, so a Mandatory update for the wallet is waiting for you.
More info: 👇
https://t.co/HRF3oIfRFW
And have a look at the #PRivaCY Checker project !😍
https://t.co/jN9oRACUzU https://t.co/5l5VtZwHv7
09 Mar 2023, 19:10
Dear PRivaCY Community,
We would like to update you on recent events regarding a bug in our system that was exploited. On February 3rd, one of our team members alerted us to a peculiar stake, which led us to discover a minting option/bug that someone had taken advantage of. This bug was inherited from daps and had gone unnoticed by Red4Sec.
Upon discovering this issue, we promptly contacted TradeOgre, as there was a significant amount of dumping taking place. With the help of Victor, we managed to retrieve most of the coins via our buyback program, and TradeOgre provided us with the details of the person responsible for the minting.
We reached out to the perpetrator via email, and after some back-and-forth communication, he confessed to being in financial trouble and resorting to illegal means to make money. He returned the minted coins and provided some tips on fixing the bug. Although this was only partially helpful, our developers did an excellent job and fixed the bug.
However, we later discovered that he had minted even more coins, prompting us to close all exchanges and attempt to block him. Although we managed to block some of his transactions, some went through. Fortunately, TradeOgre notified us that he is now sold out, and his accounts have been blocked.
To prevent further exploitation of the bug, we have released an updated version of the wallet which can be found here (https://github.com/PRCYCoin/PRCYCoin/releases/tag/2.0.0.5). This update is mandatory, and all wallets below v2.0.0.5 will end up with no connections or on a fork.
To update for Windows/Mac users, please follow the instructions outlined in this knowledge base article:
Thank you for your understanding and support.
Best regards,
The PRivaCY Team
Dear PRivaCY Community,. We would like to update you on recent events regarding a bug in our system that was exploited.
Dear PRivaCY Community,
We would like to update you on recent events regarding a bug in our system that was exploited. On February 3rd, one of our team members alerted us to a peculiar stake, which led us to discover a minting option/bug that someone had taken advantage of. This bug was inherited from daps and had gone unnoticed by Red4Sec.
Upon discovering this issue, we promptly contacted TradeOgre, as there was a significant amount of dumping taking place. With the help of Victor, we managed to retrieve most of the coins via our buyback program, and TradeOgre provided us with the details of the person responsible for the minting.
We reached out to the perpetrator via email, and after some back-and-forth communication, he confessed to being in financial trouble and resorting to illegal means to make money. He returned the minted coins and provided some tips on fixing the bug. Although this was only partially helpful, our developers did an excellent job and fixed the bug.
However, we later discovered that he had minted even more coins, prompting us to close all exchanges and attempt to block him. Although we managed to block some of his transactions, some went through. Fortunately, TradeOgre notified us that he is now sold out, and his accounts have been blocked.
To prevent further exploitation of the bug, we have released an updated version of the wallet which can be found here (https://github.com/PRCYCoin/PRCYCoin/releases/tag/2.0.0.5). This update is mandatory, and all wallets below v2.0.0.5 will end up with no connections or on a fork.
To update for Windows/Mac users, please follow the instructions outlined in this knowledge base article: https://prcycoin.com/knowledge-base/wallets/how-to-update-qt-wallet/.
Thank you for your understanding and support.
Best regards,
The PRivaCY Team