



There were some reports yesterday in regards to a hacked database available on the dark-web of the Localbitcoins peer-to-peer trading platform. We have confirmed that this is false .





dinbits.com spoke with Max, Localbitcoin's Community Manager, who confirmed that they had no indication of any such attempt and that it was likely an attempt to sell a fake database of some sort.





It's not true, someone was trying to sell a fake database in order to earn a few Satoshi's. We have had no one reporting any abnormal activity on their LocalBitcoins accounts after the user posted the fake database for sale, there's no need for worry.





He also offered some word of advice to all users of the P2P platform:





It's always a good idea to enable Two-factor authentication (2FA) for your account on LocalBitcoins and any other online service that supports it, as 2FA will keep your account secure even in the case your password gets stolen.





Scammer Scamming Scam

bitcoinist.net news site yesterday morning. The problem with the story is that it had no facts, all of the evidence was circumstantial. Additionally the explanation provided a "might work" method of brute force decryption with no details and no proof other than a "I did it and got in!". It doesn't take a rocket scientist to realize that there is no merit here and if this idiot worked so hard to actually hack LBC then why on earth is he giving it to everyone else instead of ripping people off? The story appears to have originated from thenews site yesterday morning. The problem with the story is that it had no facts, all of the evidence was circumstantial. Additionally the explanation provided a "" method of brute force decryption with no details and no proof other than a "". It doesn't take a rocket scientist to realize that there is no merit here and if this idiot worked so hard to actually hack LBC then why on earth is he giving it to everyone else instead of ripping people off?





This is because what you have actually is a list of known usernames and a list of bogus passwords that'll never work assuming you get them decrypted in the first place.





What you have is a scammer scamming scammers so scammers can scam.





This is something you might consider a service to the community, however, the purpose of this article is for notification so that there is no further false alarm. Unfortunately, this may inadvertently help some scammers avert getting scammed themselves, but its important to report that this was bullshit.





There was no hack. All accounts are safe.





Report by dinbits

Image by dinbits.com staff

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