Hi guys! After a couple of shocking program closures last night it looks we have some more positive news from the HYIP industry to mull over this evening. Tonight’s update is going to be quite long, so put the kettle on, put your feet up, and let’s enjoy the news from the most popular programs in the HYIP world.

We’ll start with news from ExoticFX which is one of such popular programs already despite being active online for two weeks. It’s fair to say now that many HYIP players see it now as one of the most promising low-ROI programs of the year so far, offering a huge variety of investment plans with various sustainable returns starting from with daily payments of 1% for 120 business days, 1.2% for 140 business days, 1.45% for 160 business days, or 2% for 180 business days with the principal returned on expiry. The weekly plans offered by ExoticFX pay 1% daily for 2 weeks, 1.28% daily for 4 weeks, 1.55% daily for 6 weeks, and 2.3% daily for 8 weeks. You will see the interest credited to your account on a daily basis but can’t actually withdraw anything until the term expires. Currently ExoticFX are dealing with four different payment processors – AlertPay, LibertyReserve, GlobalDigitalPay and HD-Money – but according to the admin of the program Charles this list will be expanded in the near future to satisfy all the investors needs.

If you read my review of ExoticFX published here you might be aware of some exciting features the program offers, providing members one of the most secure account areas ever seen in the industry and constantly adding new features which Charles issues regular emails about which have already become a feature of their relationship with the investors. Essential as it might be these regular newsletters contain all the necessary updates and new features that are being added for investors’ convenience on a daily basis. In the latest one you can find out that they just added a new Traders Society chat room for members to socialize and are going to update two charts on their website – the Top Traders chart where the stats of the biggest investors are shown and the Performance chart where you can see how ExoticFX is performing on a daily basis. Another important part of the ExoticFX newsletters are the educational articles about the ForEx market which is allegedly their field of expertise. In the latest newsletter you may also find everything you wanted to know about currency pairs and their market purpose. So below is the latest from ExoticFX (reviewed here):
“EFX Members, Just wanted to let you know things are moving forward and it is full steam ahead for ExoticFX.
Our goal is to claim the Top Spot in all the relevant internet media (forums, monitors, blogs, etc.) … and we are on track or have exceeded planned timelines to achieve such.
There is No Stopping Us Now. We are already being hailed as the Most-Likely-To-Succeed by the investment program market watch leaders.
A quick note…
We have added a new room to our Live Support Area. It is called the EFX Traders Society. This is a place for the members to socialize. It seems that as the days go by we have more and more members just wanting a place to ‘hang out’ and by doing so inadvertently create a bottleneck for our support staff. Not that we are complaining. We certainly enjoy the company. We just want to ensure that members who need support are our first priority. So the Traders Society is the perfect solution. Feel free to visit our new room and take advantage of the opportunity to get acquainted with your fellow traders.
Also..
We may have some time over the weekend to finalize the two charts being added to our website.
One is called the ‘Top Traders’. Here we will display the investment choices of our top 20 investors. You will see the plans they choose, their invested amounts, compounding and reinvestment selections and the total profits returned. You will find the feature located on the scroller below the main page image.
The Other chart being added is a Performance Chart. This will reflect the performance of our fund on a daily basis. Here you will see our daily gains and losses as well as the overall average of performance of the fund. This will be located on the charts page which can also be found in the scroller below the main page image on our website.
In an effort to not overcrowd your emails I have also included in this newsletter an article delivered by Joshua Clements our Senior Market Analyst.
Enjoy.
Currency Pairs – Their Purpose In The Currency Exchange Market
Currency trading has emerged as the fastest growing investment to date. Those seeking alternative avenues of investment other than mutual funds or stock trading have found currency trading to be a rewarding endeavor.
Let’s look at the currencies themselves to better identify with the currency markets. All currencies are bought or sold in a pair. Buying or selling currency pairs imply the purchase or sale of one currency against another.
Commonly traded currency pairs are given nicknames by traders. Nicknames consist of Fiber (Euro/USD), Swissy (USD/Swiss Franc) and the Cable (Pound/USD). Currencies that are traded most often are one of the major pairs such as EUR/USD, Australian and New Zealand crosses as well as the Yen crosses.
Currencies traded less frequently than the major pairs are termed exotic currencies. One common trait that nearly all exotic pairs share is their relatively high spreads. When you buy the EUR/USD currency pair, you are in fact buying the Euro and selling the American dollar. Assuming you bought a currency pair, the appreciation of the first currency in the pair means a profit for you. A depreciation of the first currency against the second one means a profit if you sold the pair. This is how money is made in the currency markets.
Most forex brokers do not venture into exotic currencies, preferring to stick to the majors. Even if you do find one that offers exotics, plan to pay their extremely high spreads per trade.
Different forex brokers have different spreads on their currency pairs. The competitive nature of the online forex trading market ensures that the vast majority of larger forex brokers charge more or less the same spread on pairs that are popular. Spreads, after all, are a means to attract new traders to their brokerage firm.
While there is a wide assortment of brokers offering their services online, three of the more popular brokers are FXCM, Interbankfx and Oanda. These brokers have been in the business for years and are dependable with moderately low spreads. Of these three, Oanda is the one that offers the widest variety of currency pairs. Having said that, they are all worthwhile forex brokers to do business with if you are interested in becoming an independent forex trader.
If the thought of risking your hard earned dollars, gambling in unfamiliar territory, prior to fully understanding the forex market, then perhaps you need to first experience a revolutionary approach to forex profits by participating in our fully managed forex trading platform: ExoticFX.
If you simply don’t have the time, or the pocketbook, to take the necessary risks and endure the often gradual learning curve, you don’t have to be left out of the incredible Forex opportunity.
Take a look at ExoticFX. We have taken the ‘Fear out of Forex’ by providing for you a fully Managed Fund with guaranteed results.
With ExoticFX…..
you pool your funds with our company trading account…
There are NO RISKs of trading losses!
You receive a Guaranteed Daily Profit of up to 2.3%…
…Yes, with ExoticFX, you pocket profits and we cover the losses!
As a company, our education is our competitive advantage, and we are so confident in our education that we are willing to ‘Put our Money where our Mouth is’ and provide you a Guaranteed Daily Return.
This is a major leap forward for FOREX trading and we are giving you the exclusive chance to be involved in this revolutionary trading program.
The Exotic side of Forex
ExoticFX – Just Profits!”

If you have any difficulties in accessing the ExoticFX website at the moment please be aware that their website was under a DDoS attack. This attack has however now been mitigated but the site might not be accessible in all areas of the world just yet. So please do not be too concerned if you can’t access it yourself at the moment because it could take several more hours until it’s worldwide. If you can’t access the secure httpS connection please try http as it might just work for you this time. The latest update from Charles has more details:
“Yes we are under DDoS attack. The attack started last night. We were not currently being filtered by Dragonara as we had issues with process not passing cookings thru the filter among other things. Once the attack started we had already completed the testing of the filter on a test server and were awaiting this weekend to move back to Dragonara filter process. So, we are under attack and the DNS had to be repointed to the filter. So we may not be fully propagated to all trying to access. Charles”.

By the way, the admin of MidasGoldFund Warren (interviewed here) also informed investors that his program was also recently attacked and it was so strong that they had to upgrade the protection level from their hosting provider Dragonara to avoid it happening again. The admin is constantly updating his members on Twitter and Facebook, so you can keep you updated on a hour-by-hour basis. Currently, I cannot load the website of MidasGoldFund (reviewed here) but I guess everything will be fine in a few hours from now. Here is the latest newsletter from Warren which will hopefully become a guest on the MNO Live Chat next week, which he planned to go with after the first principals on expiry of 1.7%-2.7% for 30 days plan are paid which already happened a couple of days ago:
“We suffered a massive DDOS attack today. Our DDOS protection, Dragonara was quick to filter it. It was a heavy attack almost maxing out our protection so our DDOS protection has been upgraded. If you cannot view the site, it may take a few hours to become available to you with the changes in DDOS protection.
Always find the latest up to the minute news in regard to MidasGoldFund by following us on Facebook and Twitter.
Facebook: http://www.facebook.com/pages/Midas-Gold-Fund/196345023708882
Twitter: http://twitter.com/midasgoldfund
Sincerely, Warren Lincoln
President. MidasGoldFund”.

Recently I found out that ForexTradingTeam (reviewed here) also had a move to a much tougher anti-DDoS protection by having been migrated to BlockDos servers recently. If you read my review of ForexTradingTeam a month ago you might remember that at that time it was hosted on ethProxy.com which was quite an unknown provider to me. All I can say is that hosting on BlockDos is a huge improvement and while I know it’s not cheap it is best hosting provider for HYIPs. The fact that BlockDos was chosen as their new hosting provider makes me think that the admin of ForexTradingTeam has is serious about the security of his website, especially providing the fact that all the withdrawals from ForexTradingTeam are processed instantly on all the payment processors accepted by them – AlertPay, LibertyReserve and PerfectMoney. ForexTradingTeam offers 2%-3% for 200 business days with principal returned back on expiry and has been monitored on MNO for over a month already.

If you read my review of DenXon published a few days ago (click here to read) you might remember that the program was yet to offer investors the secured SSL-channel which they can use to safely process their deposits into their 2.5% daily forever plan via AlertPay, SolidTrustPay, LibertyReserve and PerfectMoney. Although the withdrawals being processed from DenXon on every calendar day are not instant but they are quite fast and I always get paid within 12 hours.
I have received two newsletters from DenXon recently, one where the SSL-encryption feature was introduced, and the other where more features have been discussed making DenXon a growing success only after a few days online:
“SSL encryption now enable now. Members can access site with “https”
https://denxon.com/
All payout completed till now. That’s for all now
Enjoy weekend. Nicole”.
“Hello, We have good news for you today but first, we wish to thank all our members for choosing DenXon Corporation as one of your financial partner in this industry. We at DenXon aimed to provide our members top notch Customer service and investment solutions for your profitability in oil and gas sector.
DenXon is a newly opened program that has great features of becoming the next big project online, when your investments are been managed by reliable personnel’s your sure of getting to the top of profit level, DenXon was reviewed only after a day of been online: http://money-news-online.com/blog/2011/03/02/02032011-denxon-review-and-daily-news-from-the-industry/
Features of DenXon
– DenXon pays all members a 2.5% daily interest forever; this payment is processed at request once you earn a minimum of $1
– Our site is very secured, we have ensure DDos protection and SSL Encryption for quality service, it is ran on a licensed GoldCoders script thus we are safe from hackers or any other form of online attacks.
– Investing with DenXon is very simple and straight, we accept various payment processor hence members have multiple choices in choosing how they wish to invest, all of our accounts are secure and verified.
– All members who put in extra profit stand the chance of earning an endless 6% referral commission; this is a great way to profit at DenXon
– We offer not only an earning, we provide quality support to all members, our customer providers are at your services everyday of the week round the clock.
– Your investment with us has minimal risk, your returns are 95% guaranteed.
The Good news is that your on same flight with great investors and managers of finance, the top is what we reach out for, the Top is where every member of DenXon would get to, we are going to stay on track and continue our fast payment and hold on to quality support service we provide.
Thank you for been part of DenXon Corporation
Regards, DenXon Administrator
Sustainable Profit in Oil and Gas Industry”.

Unfortunately, I had to move ECashBroker to Problem status on MNO once again. This time was because I have two pending withdrawals for over 24 hours already, and one of them is a principal return. While ECashBroker was on Problem status on MNO many times it was always connected with the site’s accessibility issues and not with payment ones. At this moment, the situation doesn’t look good and I recommend not to make any further investments in ECashBroker until it’s resolved.

One program that had a couple problems over the last few days was GreenBackShares (reviewed here). They’ve been described as “technical problems” which is really just a polite way of saying they were the victim of a serious criminal cyber-fraud attempt. I’m really pleased to see that some tremendous efforts have been made to overcome this and get them back on track. Especially because GreenBackShares is a good program with simply massive potential, and out of all the online HYIPs that this could have happened to, it would really have been a shame to see this one close under circumstances like that. The program’s admin, Jeremy (interviewed here), has been extremely communicative throughout the incident which of course is crucial to keeping the paying members supportive of him, so I do hope you’ll reward him for this by showing a little patience over the next few days.
Jeremy was also gracious enough to drop in on the MNO Live Chat room last night – an event prearranged the night before by to way – where he was available to answer any and all questions about this put to him by the readers. It was a lively enough session and quite good humored given the gravity of the subject. Jeremy was in a noticeably more upbeat mood of course because the damage was limited and did not strike a crippling blow to GreenBackShares, as it might have done to so many others. He also went on to talk at length about several ideas he’s been bouncing around to take his program to the next level now that this unfortunate incident over. Before I give you the update taken from the GreenBackShares website let menjust remind you that they are offering terms of 1%-1.8% daily for 150 business days, 5.5%-9.5% weekly for 30 weeks, and 12%-20% bi-weekly for 15 cycles. You then have the option of requesting your principal back on expiry, or leaving it in place and continuing to earn until you wish to close your account. You can also read the transcript of last night’s chat session with Jeremy on the MNO forum here. And this is the latest update taken from GreenBackShares website:
“Recent Problems – Mar 5, 2011
We are currently experiencing major technical difficulties, due to a sabotage attempt that took place 2 days ago.
Cash withdrawal orders are being processed manually for the time being.
Full functionality will be resumed after we transition to our proprietary website engine, in 2 weeks time.”

You might be wondering why so many programs were hit by hackers recently, like GreenBackShares which almost destroyed them. Well, it looks like many programs offering instant payouts and based on GoldCoders script have suffered lately. You might remember the latest collapse of seemingly good EasyCashFund program and the sudden collapse of Escaliva. A detailed analysis that was published on MNO last night and is available for reading here. Well, it appears that after my update was already published last night I received two detailed emails from Leonard of Escaliva who had admitted that his program was over but actually also blamed an unknown hacker who compromised the GoldCoders script and managed to steal a lot of money from programs offering instant payouts lately. And this is no mere conspiracy theory because apparently the issue was mentioned on the official blog of GoldCoders where all current clients were urged to upgrade to the latest version due to vulnerabilities in the previous one. I wonder if it was a deliberate slip in GC and they were in collaboration with this hacker or perhaps they were that “hacker” themselves which wouldn’t surprise me considering all the critics they’ve had over the last couple of years.

Anyway, if what Leonard said was true Escaliva might not have been a premeditated scam but perhaps a victim of the recent hacker’s/ GoldCoder’s attack which was already mentioned by other admins as well. If the problem is really there and it all happened like Leonard described I don’t quite get it why he didn’t send this information to his members because I think they are owed this explanation more than me. One other thing – I don’t know why the bravado of Leonard was spotted on the latest MNO Chat session when I was asked if the instant payouts were secure enough and if the program is not in danger because Leonard replied that it was absolutely secure. Was it hypocrisy at its best or was he simply unaware of the complaints made by GoldCoders recent clients? And will GoldCoders take any responsibility that so much money was stolen from clients using their LICENSED script? I doubt they will ever reimburse their clients who suffered from their obviously defective software. I hope that the lesson was learned though and the recent issues with GC script are the matter of the past. Anyway, we will find out about that in the near future, but their reputation cannot be considered untarnished after such incidents. It’s up to you to judge if Leonard is telling the truth but the fact that this was not a once-off incident should make other admins think twice before enabling instant payouts if using GoldCoders script. I know it’s convenient for them and investors like instant payouts very much, but is it worth it for the high risk involved? It’s up to you to judge, especially if you’re an admin of an online HYIP program thinking about this.

Anyway, the two emails I received from Leonard of Escaliva are shown below and give his version of why the program had collapsed so suddenly yesterday. By the way, I was contacted by one of my readers who told me that he was refunded to AlertPay by Leonard himself and who may have done it for all AlertPay investors. But since some impatient people complained to AlertPay they restricted his account and now the only way to get refunded is to file a transaction dispute. According to Leonard, there is a good chance to get almost all your money back provided AlertPay release the funds and not keep them in the system. Here is the latest from Escaliva which might be really useful for you if you couldn’t find the real reasons of the program’s collapse and were wondering what had really happened with the program which met such a sad ending:
“Dear Paul,
This is between you and me, but you can publish it on your blog if you wish, I wouldn’t mind. Believe it at your own consideration.
How many investment programs on your listing have stopped paying in the past 1-2 days? I bet this amount broke any record you ever had. First, I want to have your attention on this blog post:
http://www.goldcoders.com/?page=blog_comment&id=94
Today we found security problem in HYIP Manager Pro script. Problem fixed and new script available in download area.
We highly recommend get latest script version from download area and update your script.
Let me know if you have any question. email: contact@goldcoders.com
Posted by Goldcoders 2011-03-03 00:00:00
Looking back about 12 hours before this blog post, an exploit on Goldcoders latest licensed script has been found. It allows the hacker to fooled the script into believing that the hacker had deposited money to account balance from Strictpay currency, even though this currency was not accepted in the first place. After the hacker have an account full of Strictpay currency, the hacker then somehow fooled the script into exchanging the e-currency from Strictpay to Liberty Reserve, even when e-currency exchange was not enabled. Now the hacker have an account full of Liberty Reserve currency, and for those investment programs who offer instant withdrawal like Escaliva, the hacker will surely enjoy emptying the admin’s Liberty Reserve account instantly as well.
Our Liberty Reserve account of $9200 have been emptied dried and therefore we were unable to process any withdrawals. It was our mistake not to set a limit on how much our investors can withdraw, because we have one investor who invested $3750 and is expected to withdraw $5000 after 7 days, and we want to make sure this transaction is instant.
Our AlertPay account was unaffected and still operational as normal. However, we just received a notification from AlertPay that our account had been restricted for security measure, and they want to investigate about the ongoing transactions. This restriction restrict us from sending payments and therefore we can no longer send automatic payments on AlertPay. Before we could do anything about it, we have received an investment of over $1300 into our AlertPay account that cannot pay. We have already issued a full refund to those payments made within 1 day, but we cannot issue full refund for all deposits because we have an outgoing transactions as well. I would suggest you to tell your members to file a complaint to AlertPay against Escaliva account to get their refund back. I doubt it would be 100% refund, but somehow very close to that point, unless AlertPay decide to keep some for themselves, of course.
Escaliva has reached its inevitable ending. We were strong and we still have plans for future, but we have lost it all. It was also our mistake to choose GoldCoders as our program’s script – we thought it was secure enough, but we were wrong. I must apologize for those who invested in Liberty Reserve as they are not going to have their funds back. When dealing with transactions online, the additional risk from offline is the online threat, especially from hacker that we overlooked. We took our investors’ investments and lost them all, and there is nothing we can do to get them back.
Over and out. Best Regards, Leonard Coffman”.
“Dear Paul,
In addition to the previous email, I would like to add these:
The security issue was found on a licensed and latest Goldcoders script. Once an exploit had been found, a hacker most likely go after every site that used Goldcoders and offers instant withdrawals. That’s why you see so many programs collapsed at the same time. Other admins think that their Liberty Reserve account has been hacked – wrong. Their script was being compromised and therefore they were paying instantly to a user who never made an investment, their Liberty Reserve account or API were never touched, just like our case.
Best Regards, Leonard Coffman”.

Also a word of caution regarding Escaliva. Despite the revelations about GoldCoders the damage is still the same and the program is a total scam now. Only small payouts are still being made to some dishonest monitors who are still happy to display Paying status for the program in exchange for a dollar. Of course, the deposits are still being accepted from investors that are fooled by the fake Paying statuses displayed by them. Please be aware of that and don’t make any further deposits in Escaliva, especially being aware that now all the admin wants is to get some money back from his loss in the recent LR hacking. Please be careful and blacklist all the dishonest monitors still showing Escaliva as Paying and do not go back to them ever if you wish to stay informed and not misled! Always remember to check out MNO monitoring for honest and accurate statuses of the programs listed there!

So, if you check my monitor tonight you will see that I was paid for the last 24 hours by the following programs listed on MNO Premium and Standard listings:
GorgonProjectInvest, MidasGoldFund, EliteAlliance, ExtraIncome, ExoticFX, ForexTradingTeam, ReProFinance, OilCapital, Agromatica, WallStreetCompany, FondosMayores, PermanentProfit, DenXon, ImperialFund, GainBucks, ViscoCorp, SilverDigger, FirstMonetaryFund and BestProfitInv (the first instant payments received).

BestProfitInv is the latest addition to Premium listing on MNO monitoring. The program just started less than 24 hours ago and offers instant payouts to LibertyReserve and PerfectMoney with a $10 minimum deposit. There is a huge variety of short-term investment plans offered by them which will be fully described in the detailed review of BestProfitInv tomorrow. Here is just a brief description – 106%-129% after 1 day, 113%-174% after 2 days, 120%-199% after 3 days, 4.35%-5.4% hourly for 24 hours, 2.25%-3.4% hourly for 48 hours, 56%-100% daily for 2 days, 300%-1900% after 29 days, and 200% after 1 day. The program is running on a licensed GoldCoders script (I hope the admin is using the latest safer version) and the withdrawals made to me so far were all instant. The experienced investors might have noticed some very striking similarities to the latest short-term hits like CarInvestment and EuropeInv which both lasted for 25 days, so you might see the earning potential here (especially if you invest in 1-3 day and hourly plans). BestProfitInv has a very similar design used in those two programs and is also hosted on a dedicated server by AntiDdos with an SSL-secured connection. Of course, it doesn’t mean that the above-mentioned games are definitely coming from the same source but such similarities always make me feel this way.

Anyway, I will give you more information in tomorrow’s review along with the latest news and events from the HYIP industry. Stay well informed with the best source of information from the HYIP world – Money-News-Online!