BlockTrades has temporarily suspended trading in OPEN.USDT
There has apparently been a hack of a Tether "treasury wallet", so as a safety measure BlockTrades is temporarily suspending trading in OPEN.USDT until we are sure that OpenLedger has upgraded their Tether wallet to the new version referenced in post below (excerpt reprinted here):
Tether Critical Announcement
Yesterday, we discovered that funds were improperly removed from the Tether treasury wallet through malicious >action by an external attacker. Tether integrators must take immediate action, as discussed below, to prevent >further ecosystem disruption.
$30,950,010 USDT was removed from the Tether Treasury wallet on November 19, 2017 and sent to an unauthorized >bitcoin address. As Tether is the issuer of the USDT managed asset, we will not redeem any of the stolen tokens, >and we are in the process of attempting token recovery to prevent them from entering the broader ecosystem. The >attacker is holding funds in the following address: 16tg2RJuEPtZooy18Wxn2me2RhUdC94N7r. If you receive any >USDT tokens from the above address, or from any downstream address that receives these tokens, do not accept >them, as they have been flagged and will not be redeemable by Tether for USD.
https://tether.to/tether-critical-announcement/
On a side note, we had recently run low on Steem for delegations, but more is now available:
NOTE: This is more of a public service announcement than anything else. BlockTrades has suffered no damage as a result of the hack of Tether's wallet.
China is already moving to bitUSD and bitCNY on the Bitshares blockchain - one of the oldest, fastest, most secure cryptos with more daily transactions than Bitcoin. bitUSD and bitCNY are backed by at least 200% collateral, can't be hacked, are decentralized (no shady company with questionable business practices) and transfers take less than 3s. https://bitshares.org/
keep away from USDT!
Thank you for this info and sharing it ☺
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Thanks for the news. Due to your great work on steemit, i hereby resteem your post. Keep the good work done.
Thnx for sharing this information, $30,950,010 USDT is really a huge amount 😌😌
hi just done my first transfer to BlockTrades, tried, haven't being able to transfer them into my coin base yet. Waiting to hear updates, tks a lot
Please send a request to our support email with info about the transfer (support at blocktrades.us) . The most likely issue is if you sent less than the amount required to pay the bitcoin transaction fee, in which case your Steem/SBD can be refunded.
Thanks for sharing such a valuable information about external attack. You are the back bone of the community so your great information will become more effective for us. Thanks, wish you a very beautiful time ahead, I request you to visit me too.
Thanks for this information and its really sad news we investor don't want any such default in system that gave chance to other to steal our money
hopefully they recover the funds
No as I had seen earlier not any exchange take responsibility and give back money of investors
2 days ago Transfer 1.200 SBD to blocktraders
I have transferred the SBD 1.20 to the blocktrades 2 days ago. But I still did not get bitcoin to my coinbase account.
What should i do?
Email them. They will reply with answer.
Thanks