Customers of Bitcoin Transaction Firm Cloudminr Have Been Fleeced

The bitcoin mining firm’s database apparently is defunct. A sample of the database was posted to the Norwegian company's now-shuttered website, while other snippets were posted to online bulletin boards like Pastebin.

According to CoinDesk, the collapse resulted “in the loss of bitcoins, the publishing of personal user information and accusations of fraud.”

Cloudminr had earlier drawn criticism for its operational opacity and accusations that Cloudminr was a mining-related Ponzi scheme soon followed.

On July 6, the Bitcoin Talk account for the service claimed that a hack had taken place: "Part of the bitcoins went to hackers addresses instead of our own payment addresses. Currently we are looking for any logs related to the hack and estimating the losses.”

The post, written by someone only identified as Adrian, claimed the service was the target of a smear campaign and that access to email and social media contacts had been lost. No further updates have been made by Cloudminr since that date.

International Business Times reports that the firm has said it needs to create a new website "from scratch" as it worries that the attackers deposited backdoors in its servers for future access.

"What we can tell now is that we have been hacked," Cloudminr said on Bitcoin Talk. "The hackers were able to access our source code and database, as well as editing it.

"Right now we cannot be sure that the payout addresses are the correct ones, as well as emails and other data. We do have backups but we need to know when exactly when the hackers gained access to our server."