[Abraham Lincoln]

The OMC team is working to resolve this situation. It is our hope to try to recover the stolen OMC and get it back in the right hands, but there are no guarantees.

If all goes well, we hope to have this cleaned up within a few days, although again we cannot make any promises.

In the mean time we highly recommend that you do not make any trades or deals with other users using OMC.

[Abraham Lincoln]

If 51% was achieved, is all of OMC ruined?

From what I can tell, yes it was. Otherwise the attack wouldn't have worked.

No, OMC isn't ruined. We're working on a solution to this issue.

---

So, what exactly has happened?
Has the 'coin' been stolen, as such?

According to AllCrypt 2.5 million OMC were stolen from their wallets via an exploit in the network.

Thee Coin as a whole is still alive and we are as in control of it as we where before.

[Raz3d]

I hope it's getting fixed soon. Thanks.

[Fʀᴀɴᴋɪᴇ]

In the mean time we highly recommend that you do not make any trades or deals with other users using OMC.

Is it unreasonable to attempt to buy at maximum 2000 OMC or something near that amount?

[Abraham Lincoln]

Omni, do you suppose this has something to do with the group you are selling?

If this isn't reversed, do you think these people with the OMC will have the balls to place a bid?

Yes, this most likely does. Someone wanted a quick way to get enough OMC to buy the group.

---

Is it unreasonable to attempt to buy at maximum 2000 OMC or something near that amount?

No. You should not buy any OMC at all. Zero. If you do you are at risk of losing it.

[Abraham Lincoln]

I edited my post the second you quoted me haha, but yeah I agree.

Pretty stupid though because I doubt Omni would allow a bid with stolen coins.

Well if no one known about it they might have been able to get away with it.

[Fʀᴀɴᴋɪᴇ]

Yes, this most likely does. Someone wanted a quick way to get enough OMC to buy the group.

---

No. You should not buy any OMC at all. Zero. If you do you are at risk of losing it.

All right, thank you for the warning. I will hold them until this blows over.

[Aceman]

I think more accurately they say that they had a 2.5m OMC deposit which was then sold for BTC and the BTC was withdrawn. So under that scenario they wiped out about 2 BTC from buyers. If the OMC chain is reversed then it's those specific buyers of the fraudulent OMC who paid BTC that are the losers here. It doesn't in my view appear that any actual OMC was stolen. Just that AllCrypt was tricked into accepting fake block of OMC.

That's just my point of view at face value of what I'm being told. It's not any technical analysis based on the chain itself or the AllCrypt site.

Yeah that's spot on from what I understand. I'm pretty crushed considering the amount that was lost and while the OMC can be recovered I'm still pretty upset about the BTC that was lost from the buy orders. Especially since a large part of that would have been mine. Since it was an attack by 51% attack I don't see AllCrypt reimbursing anybody.

[Abraham Lincoln]

Yeah that's spot on from what I understand. I'm pretty crushed considering the amount that was lost and while the OMC can be recovered I'm still pretty upset about the BTC that was lost from the buy orders. Especially since a large part of that would have been mine. Since it was an attack by 51% attack I don't see AllCrypt reimbursing anybody.

Total trade volume is only 250K OMC, not 2.5 million OMC. They sold under 250K.

And the last trade price is 0.00000521 BTC which means they sold for that price or above. 2.5M OMC * 0.00000521 = 13.025 or more.

They didn't sell much.

[Abraham Lincoln]

No. This was before this was even posted. Like this morning.

It's not uncommon for the network to go a few hours without any new blocks.

[OpenSourcerer]

I still have my 272.49715927 OMC 🤗🤗🤗🤗🤗🤗
I hope OMC is able to recover... Sucks for those of you whos wallets where affected.
Also hope that ONE will get more integration with hf, seeing as the only reason to have omc is to get the epic upgrade and the omc award...

[Abraham Lincoln]

So all of allcrypts funds were taken? If I misunderstand, who's wallets were affected.

Yes. Essentially all of the OMC in AllCrypt's wallets where taken.

Anyone that had OMC on AllCrypt is effected.

[allcrypt]

Along with a shitty theme they have shitty security, great...

Quick reply here - I posted a much longer one in the "AllCrypt is down" thread.

A) Has nothing to do with our security. We have absolutely zero control over the OMC blockchain. If someone makes a legitimate OMC deposit, and after it receives a bunch of confirmations, and is, for every possible way to ensure it's true, confirmed and "solid", they somehow break the OMC blockchain and invalidate the block, there is literally NOTHING we can do about it. About the only thing we COULD do is increase the required number of confirmations to a number so large that it makes the attacker bored and not worth his time to do.

Which makes YOU unable to use your OMC deposits or make any withdrawals from the site for an equal period of time.

Anyone here want to disable all withdrawals from AllCrypt for 3 days every time you deposit OMC? No? Ok then. I'll stick with "there was nothing we could do about it."

And like I said in the other thread, yes, I'm bristly over this. My site was personally attacked, I come here to openly and honestly tell everyone what happened, something I'd venture NO OTHER EXCHANGE would bother to do, and wind up spending more time defending the site than I do providing helpful information.

So on that note, please forgive me for getting a bit shitty here for one moment:

My site gets attacked. I get blamed. I have to investigate. I have to post these defenses in the forums...

And the best part? Once it's rolled back? MY dev team gets to spend, what I am guessing is around 20 manhours going over every OMC transaction, and every account that was affected by this, MANUALLY, to restore balances and audit everything.

For a coin that we have been the ONLY ones to host your coin, from DAY 1, that has, and here's where I get really shitty, made our site literally .24 BTC since we listed it. Yep. Roughly 62 BTC volume in the history of the coin, about .39% total per trade. $54. Cloudflare ALONE costs $200 a month, as security to protect your coin.

Wanna guess the labor costs to pay the dev team for ~20 hours of work to restore the coin? Financially it seems to be in our best interest to dump the coin, since the support base is so small someone managed to pull off a 51% attack. Could happen again. Who knows.

We aren't, because we're not assholes, and we're here to work FOR crypto, and to support the small coins no one else will.

You're welcome. We appreciate your support.

One final note: I, personally, find it fucking HILARIOUS that members of HACKFORUMS are getting pissed off and upset that the HACKFORUMS coin was hacked. Isn't this what you guys do? Just reading the other thread where I replied earlier, I saw no less than three ads in sigs where I learned I could HIRE THEM to hack someone/something.

Here is where I am NOT trying to be an asshole: If the hackforums coin gets hacked, your pulpit you stand behind to shout your righteous indignation is a really, really tiny one.

And if my reaction seems to be way overblown, it comes from being the only site to host a good many coins, that later find "success" on "better" exchanges, and we get crapped on in the process, over and over again. If it wasn't for my personal love of crypto and wanting to help it succeed and grow, I'd have shut the site down months ago. It's absurd amounts of time and money to run the site. Being shit on by the coins that I, personally, fund an exchange for them to grow on... it got old 7 months ago.

I don't post that looking for pity or a pat on the back, it's a business, ultimately I hope to see it become profitable. But my god... you could try and not kick the ONLY EXCHANGE that supports you, maybe?