SECURITY CONCERNS AND UPDATES
Submitted by:
World Stock Exchange OLD - RMV (Trade)
Date: July 25, 2007
Just prior to closing down the WSE for updates, that include WSE 3.0, I noticed a large withdrawal by an avatar with no history. I then closed the WSE immediately and began to investigate. It appears that a past employee of Hope Capital, who assisted in fixing previous bugs in our ATM, had decided to try and use their inside knowledge of our ATM communication channel to their advantage. We can confirm that there is more than one avatar under investigation which are possibly controlled by the same person in real life. A detailed announcement will be released soon.
Linden dollars were withdrawn from the WSE by the avatar in question; however, there are a number of interested parties investigating the situation. We are hoping that most of the linden dollars will be returned.
WSE 3.0 is progressing well and should be released soon. The security of WSE has now been setup so that only the real life developers working for Hope Capital will know key site details. As part of the new WSE 3.0 update we were intending to increase security of the WSE ATM, along with installing Risk API supplied by Linden Lab. This could explain why the avatar in question tried to take advantage of their knowledge before we started the update. The WSE is financially stable and there is no foreseen security related risk to the WSE in future.
We are almost ready to release the latest updates which include an improved database structure, application improvements, and the full integration of the World Internet Currency.
The World Internet Currency (WIC) will provide the majority of Internet users with the ability to trade on the WSE.
The World Internet Currency will act as one fictional currency in both the real and virtual worlds. This will encourage growth in the virtual economy and provide everyday Internet users with the ability to invest in its future.
Linden dollars were withdrawn from the WSE by the avatar in question; however, there are a number of interested parties investigating the situation. We are hoping that most of the linden dollars will be returned.
WSE 3.0 is progressing well and should be released soon. The security of WSE has now been setup so that only the real life developers working for Hope Capital will know key site details. As part of the new WSE 3.0 update we were intending to increase security of the WSE ATM, along with installing Risk API supplied by Linden Lab. This could explain why the avatar in question tried to take advantage of their knowledge before we started the update. The WSE is financially stable and there is no foreseen security related risk to the WSE in future.
We are almost ready to release the latest updates which include an improved database structure, application improvements, and the full integration of the World Internet Currency.
The World Internet Currency (WIC) will provide the majority of Internet users with the ability to trade on the WSE.
The World Internet Currency will act as one fictional currency in both the real and virtual worlds. This will encourage growth in the virtual economy and provide everyday Internet users with the ability to invest in its future.