Important Security Update
Date: November 29th

BitClub Network has been offline due to a security breach that took place on November 25th in the early morning hours. This breach happened because of a suspected Social Engineering attack on a third party provider that we use.

We discovered unauthorised access of our system and we estimate a total exposure time of about 7 hours before our security kicked in and locked everything down.

During this time frame many hacks were tried, including an attempt to inject Bitcoin addresses into our invoicing system, creating fake accounts, fake invoices, and more that we won't get into.

However, these hacks were not successful!

Our system is very well protected and since we don't keep any Bitcoin or other currencies on our server there is really nothing to steal. We take extreme measures protecting your Bitcoin so there is never a concern about these funds being compromised.

However, although the monetary damages were low, the headache they have caused is a big one and already it's required more downtime than we expected. In fact, we will now be bringing the site back online in steps so we can verify all records, and we expect this to happen within the next 24-48 hours.

Step 1: Access for Members to Change Passwords

Once we bring the website online you will be able to login and update your password.

We don't think any member accounts were affected but we are not going to take any chances so YOU MUST change your password.

After you gain access make sure you check all withdrawal addresses in your wallets to verify each one belongs to you. Also, please enable 2 factor authentication (Google Auth) because it will keep you protected if your account is compromised in the future.

Step 2: New Enrolments Enabled

All new enrolments will be paused for about 48 hours after the website comes back online. We will go live again after all commissions have been checked and paid.

We have also cancelled all pending withdrawal requests made prior to November 25th and these funds have been placed back into your wallets.

Withdrawals will be live immediately, however please note they will probably take a bit longer to process as we take our time to verify everything manually.

New Security Upgrades...

This hack attempt reminded us how important security is and we want to make sure we do everything we can to protect your account so that your Bitcoin is safe.

Moving forward we will no longer allow accounts to operate with unverified email addresses and we will begin using email verifications (or 2 factor verifications) on every withdrawal request, transfer, profile change, and just about anything else you do from your account.

Thanks for your patience as we work to restore everything.

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Ok, now for a bit of good news...

NEW ClubCoin Hardware Wallet

We are excited to announce a new partnership with the leading hardware wallet provider Ledger. Together we are building a ClubCoin hardware wallet that will allow you to safely store Bitcoin, Ethereum, and ClubCoin on a single USB stick.

This wallet will be available to ship anywhere in the world and we will begin offering it to all members in about a week.

Here are some 3D mock-ups of the wallet: