Ya you boomers better hurry up and die. How dare you expect a return on your fica and Medicare taxes.
Crypto secure? Not so much.
- Thread starter oldag
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Nothing connected by a network is 1000% secure. not even 50% secure. It is at high risk of compromise. Right now there are Russian Oligarchs trying to figure out how their wallets were compromised.
Exactly what Germans thought about Enigma, which had a keyspace larger than the number of atoms in the universe. Yet a Polish guy broke it with pen and paper before digital computers were invented.
LOL That would make the internet no fun at all.
Hackers may have just stolen $1 million from the Ethereum Classic blockchain in a “51%” attack
An attack on the Ethereum Classic blockchain may have helped hackers steal around $1.1 million worth of the currency from other users, according to popular cryptocurrency exchange Coinbase. Ethereum what? Ethereum Classic is the original Ethereum blockchain. In 2016, to counter another...
Once hailed as unhackable, blockchains are now getting hacked
More and more security holes are appearing in cryptocurrency and smart contract platforms, and some are fundamental to the way they were built.
APRIL FOOLS! NEW VISTAS IN REHYPOTHECATION, AND OTHER CRYPTO-CURRENCY FRAUDS
Our friend Catherine Austin Fitts at Solari.com has found an interesting article from the Massachusetts Institute of Technology from 2019, and I just couldn't…
gizadeathstar.com
I don't trust it either. Problem is it applies to your bank, too. They have very little cash on hand; everything is electronic. Same goes for retailers; payment systems always going on the fritz.
Employers have the same problems, too. Few months ago when UKG got ransomwared a whole lot of people didn't get their direct deposit.
Yeah a 51% attack is a hack on the crypto itself. If you notice it's only happened twice, and on non-popular coins. For a 51% attack to be possible it has to be on a crypto without a lot of users. Best to stay away from the alt-coins like whatever the hell "Bean" was.Hackers may have just stolen $1 million from the Ethereum Classic blockchain in a “51%” attack
An attack on the Ethereum Classic blockchain may have helped hackers steal around $1.1 million worth of the currency from other users, according to popular cryptocurrency exchange Coinbase. Ethereum what? Ethereum Classic is the original Ethereum blockchain. In 2016, to counter another...www.technologyreview.com
Once hailed as unhackable, blockchains are now getting hacked
More and more security holes are appearing in cryptocurrency and smart contract platforms, and some are fundamental to the way they were built.www.technologyreview.com
APRIL FOOLS! NEW VISTAS IN REHYPOTHECATION, AND OTHER CRYPTO-CURRENCY FRAUDS
Our friend Catherine Austin Fitts at Solari.com has found an interesting article from the Massachusetts Institute of Technology from 2019, and I just couldn't…gizadeathstar.com
Every other time you hear about crypto being "hacked" or seized it's an exchange or client that's been compromised.
I'm also dubious when I see it reported that crypto was seized via police action. They might have seized a device that has a wallet on it, and they know how much that wallet has based on the public ledger, but they can't actually get at the crypto without the private key.
...or it was seized off an exchange, which is the same as them seizing your bank account. People get caught by using the exchanges.
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