Can All Of Bitcoin Be Hacked?

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03-21 23:12 - 'Popular French Bitcoin Wallet Hacked By 15 Year Old Genius' (71republic.com) by /u/TheNewTreasury removed from /r/worldnews within 6-16min

Popular French Bitcoin Wallet Hacked By 15 Year Old Genius
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Author: TheNewTreasury
submitted by removalbot to removalbot [link] [comments]

05-12 07:23 - 'Trusted: Bitcoins booster/ Bitcoinswallet Hack..If You Having Issues With Your Bitcoins Getting Stucked or You Got a problem Getting Scam About Your Btc ...We are at your services ...No scams ,No catfish...le...' (self.Bitcoin) by /u/gingergrayboy removed from /r/Bitcoin within 0-8min

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Author: gingergrayboy
submitted by removalbot to removalbot [link] [comments]

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submitted by 19Russellkelly to hacker [link] [comments]

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OR
+1 (256) 854-9823
He is the Solution to any problem & has provided consistent satisfactory results.
He is tested, trusted and a Guru when it comes to hacking.
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submitted by MiaWilliams80 to hacker [link] [comments]

Coinwallet.co bitcoin wallet hacked and is closing down

Coinwallet.co bitcoin wallet hacked and is closing down - http://pbnj.io/1b2 via /bitcoin
submitted by eastendtech to btcnewsfeed [link] [comments]

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OR
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submitted by MiaWilliams80 to hacker [link] [comments]

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OR
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submitted by 19Russellkelly to hacker [link] [comments]

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OR
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He has been my personal hacker for over 6 months now so I arranged to meet him in person. I eventually met him three weeks ago.
He is friendly, kind, hardworking & always does what's in your best interest.
I've learnt that he has been in this field for 25 years and I can recommend him to anyone in the WORLD when it comes to hacking related issues.
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OR
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submitted by 19Russellkelly to hacker [link] [comments]

Save Money - Hire this LEGIT Hacker today.

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He is Fast, Professional, Safe, Trusted & has Refunds Policy. I'll post his details here for everyone that needs a Legit Hacker to contact him directly.
Contact Encrypted Inc via email:
[email protected]
OR
+1 (256) 854-9823
He is the Solution to any problem & has provided consistent satisfactory results. He is tested, trusted and a Guru when it comes to hacking.
Contact him for : Cyber Tracking * Spying * Retrieving of deleted text messages Upgrading of results* recovering of Social media passwords* Military hacking* Dump Cards* Bank Transfers* Bitcoin Wallet Hacks* DDoS Attacks* Website Hacks* Credit Score Boosting*
Many more special jobs too & they always offer an affordable price.
He has been my personal hacker for over 6 months now so I arranged to meet him in person. I eventually met him three weeks ago.
He is friendly, kind, hardworking & always does what's in your best interest.
I've learnt that he has been in this field for 25 years and I can recommend him to anyone in the WORLD when it comes to hacking related issues.
Try him and you will thank me later.
Don’t forget to contact him via his correct email: [email protected]
OR
Phone: +1 (256) 854-9823
submitted by 19Russellkelly to hacker [link] [comments]

Bitcoin security: Your new investment concern #crypto #eth #altcoin bitcoin wallet hacks https://t.co/GHq4QRDVhs - Crypto Insider Info - Whales's

Posted at: May 18, 2018 at 08:55PM
By:
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submitted by cryptotradingbot to cryptobots [link] [comments]

Need a perfect wallet for your Bitcoin Cash? Use the BRD wallet! Never been hacked and with 1.2 million users in 170 countries. A partner you can depend on without having to trust. /r/Bitcoincash

Need a perfect wallet for your Bitcoin Cash? Use the BRD wallet! Never been hacked and with 1.2 million users in 170 countries. A partner you can depend on without having to trust. /Bitcoincash submitted by SimilarAdvantage to BitcoinAll [link] [comments]

If you need a phone hacker, talk to this professional hacker

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[email protected]
OR
+1 (256) 854-9823
He is the Solution to any problem & has provided consistent satisfactory results.
He is tested, trusted and a Guru when it comes to hacking.
Contact him for : Cyber Tracking * Spying * Retrieving of deleted text messages Upgrading of results* recovering of Social media passwords* Military hacking* Dump Cards* Bank Transfers* Bitcoin Wallet Hacks* DDoS Attacks* Website Hacks* Credit Score Boosting* Many more special jobs too & they always offer an affordable price.
He has been my personal hacker for over 6 months now so I arranged to meet him in person. I eventually met him three weeks ago.
He is friendly, kind, hardworking & always does what's in your best interest.
I've learnt that he has been in this field for 25 years and I can recommend him to anyone in the WORLD when it comes to hacking related issues.
Try him and you will thank me later.
Don’t forget to contact him via his correct email:
[email protected]
OR
Phone: +1 (256) 854-9823
submitted by emmanuelosten to hacker [link] [comments]

Do you want to hack a phone, email address, social media account or website?

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He is the Solution to any problem & has provided consistent satisfactory results.
He is tested, trusted and a Guru when it comes to hacking.
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He has been my personal hacker for over 6 months now so I arranged to meet him in person. I eventually met him three weeks ago.
He is friendly, kind, hardworking & always does what's in your best interest.
I've learnt that he has been in this field for 25 years and I can recommend him to anyone in the WORLD when it comes to hacking related issues.
Try him and you will thank me later.
Don’t forget to contact him via his correct email: [email protected]
submitted by Charlie_putin_jnr to hacker [link] [comments]

My Electrum wallet I created 2 days ago was hacked or just magically sent money to some one. Any ideas? What did I do wrong? :( /r/Bitcoin

My Electrum wallet I created 2 days ago was hacked or just magically sent money to some one. Any ideas? What did I do wrong? :( /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Hacked using Electrum Wallet 2.9.3 (Windows) /r/Bitcoin

Hacked using Electrum Wallet 2.9.3 (Windows) /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

08-17 03:12 - 'Wallet hacked, please help' (self.Bitcoin) by /u/alfalfa_destiny removed from /r/Bitcoin within 2-12min

'''
It seems my wallet has been hacked by the white walkers who KILL A DRAGON in the leaked episode 7 of game of thrones leaving her only with 2, don't worry though, the white walkers resurrect the dragon as one of their own, blue eyes and all!
'''
Wallet hacked, please help
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Author: alfalfa_destiny
submitted by removalbot to removalbot [link] [comments]

01-08 03:23 - 'One guy was hack some wallets passwords in electrum - there all of them. I don't have enough money to bought it, if someone bougt - please publish it here in reddit.' (satoshibox.com) by /u/btd109btc removed from /r/Bitcoin within 2-12min

One guy was hack some wallets passwords in electrum - there all of them. I don't have enough money to bought it, if someone bougt - please publish it here in reddit.
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Author: btd109btc
submitted by removalbot to removalbot [link] [comments]

Twitter hacking megathread

Notable twitter accounts have been compromised. I'll post as many links as I can below. I'll scrape and attribute from the comments over time.
Users compromised (non exhaustive): Apple Uber Cashapp Ripple A lot of Crypto Companies (Bitcoin, Coinbase, Gemini, Coindesk, Binance, etc.) A lot of Crypto personalities (Charlie Lee, CZ Binance, Justin Sun, etc.) NYSE Bill Gates Elon Musk Jeff Bezos Kanye West Obama Joe Biden Mr Beast Floyd Mayweather XXXTentacion Wiz Khalifa Warren Buffett credit to zia1997
You can watch the Bitcoin wallet here
Here is a link to a twitter search to see who all is tweeting the hacked message. Credit to ppratik96
https://twitter.com/Cian_911/status/1283508808594132993?s=20
https://twitter.com/RachelTobac/status/1283509795316658176?s=20
https://twitter.com/YarnoRitzen/status/1283515596731297798?s=20
https://twitter.com/oneunderscore__/status/1283507013755056128?s=20
https://twitter.com/jasonbaumgartne/status/1283505889299832832?s=20
https://twitter.com/elonmusk/status/1283504320848306177?s=20
https://twitter.com/oneunderscore__/status/1283503577760137219?s=20 Cian :fourleaf_clover: @jasonbaumgartne @oneunderscore_ @BrandyZadrozny Bezos hacked too, just seconds ago
CNBC: https://www.cnbc.com/2020/07/15/hackers-appear-to-target-twitter-accounts-of-elon-musk-bill-gates-others-in-digital-currency-scam.html originally posted by spoons42
Mashable: https://mashable.com/article/elon-musk-coinbase-binance-twitter-accounts-hacked-cryptocurrency-scam/
TechCrunch: https://techcrunch.com/2020/07/15/twitter-accounts-hacked-crypto-scam/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8
Business Insider: https://www.businessinsider.com/hackers-bitcoin-crypto-cashapp-gates-ripple-coindesk-twitter-scam-links-2020-7 originally posted by youdontknwm3
The Verge: https://www.theverge.com/2020/7/15/21326200/elon-musk-bill-gates-twitter-hack-bitcoin-scam-compromised originally posted by habichuelacondulce
Co-founder of Gemini(crypto currency exchange who got hacked) says they used 2FA and a strong password.
Rumor is an employee panel got hacked which gives access to all Twitter accounts.
Statement from a spokesperson for Bill Gates. "We can confirm that this tweet was not sent by Bill Gates. This appears to be part of a larger issue that Twitter is facing. Twitter is aware and working to restore the account.” (credit to batman_00)
Appears to be a Twitter Employee that was compromised.
Official response from Twitter
submitted by X019 to technology [link] [comments]

Ongoing wallet service and exchange hackings with Bitcoin theft show need for 2 Factor Authentication

Ongoing wallet service and exchange hackings with Bitcoin theft show need for 2 Factor Authentication submitted by apc01 to Bitcoin [link] [comments]

Technical: Taproot: Why Activate?

This is a follow-up on https://old.reddit.com/Bitcoin/comments/hqzp14/technical_the_path_to_taproot_activation/
Taproot! Everybody wants it!! But... you might ask yourself: sure, everybody else wants it, but why would I, sovereign Bitcoin HODLer, want it? Surely I can be better than everybody else because I swapped XXX fiat for Bitcoin unlike all those nocoiners?
And it is important for you to know the reasons why you, o sovereign Bitcoiner, would want Taproot activated. After all, your nodes (or the nodes your wallets use, which if you are SPV, you hopefully can pester to your wallet vendoimplementor about) need to be upgraded in order for Taproot activation to actually succeed instead of becoming a hot sticky mess.
First, let's consider some principles of Bitcoin.
I'm sure most of us here would agree that the above are very important principles of Bitcoin and that these are principles we would not be willing to remove. If anything, we would want those principles strengthened (especially the last one, financial privacy, which current Bitcoin is only sporadically strong with: you can get privacy, it just requires effort to do so).
So, how does Taproot affect those principles?

Taproot and Your /Coins

Most HODLers probably HODL their coins in singlesig addresses. Sadly, switching to Taproot would do very little for you (it gives a mild discount at spend time, at the cost of a mild increase in fee at receive time (paid by whoever sends to you, so if it's a self-send from a P2PKH or bech32 address, you pay for this); mostly a wash).
(technical details: a Taproot output is 1 version byte + 32 byte public key, while a P2WPKH (bech32 singlesig) output is 1 version byte + 20 byte public key hash, so the Taproot output spends 12 bytes more; spending from a P2WPKH requires revealing a 32-byte public key later, which is not needed with Taproot, and Taproot signatures are about 9 bytes smaller than P2WPKH signatures, but the 32 bytes plus 9 bytes is divided by 4 because of the witness discount, so it saves about 11 bytes; mostly a wash, it increases blockweight by about 1 virtual byte, 4 weight for each Taproot-output-input, compared to P2WPKH-output-input).
However, as your HODLings grow in value, you might start wondering if multisignature k-of-n setups might be better for the security of your savings. And it is in multisignature that Taproot starts to give benefits!
Taproot switches to using Schnorr signing scheme. Schnorr makes key aggregation -- constructing a single public key from multiple public keys -- almost as trivial as adding numbers together. "Almost" because it involves some fairly advanced math instead of simple boring number adding, but hey when was the last time you added up your grocery list prices by hand huh?
With current P2SH and P2WSH multisignature schemes, if you have a 2-of-3 setup, then to spend, you need to provide two different signatures from two different public keys. With Taproot, you can create, using special moon math, a single public key that represents your 2-of-3 setup. Then you just put two of your devices together, have them communicate to each other (this can be done airgapped, in theory, by sending QR codes: the software to do this is not even being built yet, but that's because Taproot hasn't activated yet!), and they will make a single signature to authorize any spend from your 2-of-3 address. That's 73 witness bytes -- 18.25 virtual bytes -- of signatures you save!
And if you decide that your current setup with 1-of-1 P2PKH / P2WPKH addresses is just fine as-is: well, that's the whole point of a softfork: backwards-compatibility; you can receive from Taproot users just fine, and once your wallet is updated for Taproot-sending support, you can send to Taproot users just fine as well!
(P2WPKH and P2WSH -- SegWit v0 -- addresses start with bc1q; Taproot -- SegWit v1 --- addresses start with bc1p, in case you wanted to know the difference; in bech32 q is 0, p is 1)
Now how about HODLers who keep all, or some, of their coins on custodial services? Well, any custodial service worth its salt would be doing at least 2-of-3, or probably something even bigger, like 11-of-15. So your custodial service, if it switched to using Taproot internally, could save a lot more (imagine an 11-of-15 getting reduced from 11 signatures to just 1!), which --- we can only hope! --- should translate to lower fees and better customer service from your custodial service!
So I think we can say, very accurately, that the Bitcoin principle --- that YOU are in control of your money --- can only be helped by Taproot (if you are doing multisignature), and, because P2PKH and P2WPKH remain validly-usable addresses in a Taproot future, will not be harmed by Taproot. Its benefit to this principle might be small (it mostly only benefits multisignature users) but since it has no drawbacks with this (i.e. singlesig users can continue to use P2WPKH and P2PKH still) this is still a nice, tidy win!
(even singlesig users get a minor benefit, in that multisig users will now reduce their blockchain space footprint, so that fees can be kept low for everybody; so for example even if you have your single set of private keys engraved on titanium plates sealed in an airtight box stored in a safe buried in a desert protected by angry nomads riding giant sandworms because you're the frickin' Kwisatz Haderach, you still gain some benefit from Taproot)
And here's the important part: if P2PKH/P2WPKH is working perfectly fine with you and you decide to never use Taproot yourself, Taproot will not affect you detrimentally. First do no harm!

Taproot and Your Contracts

No one is an island, no one lives alone. Give and you shall receive. You know: by trading with other people, you can gain expertise in some obscure little necessity of the world (and greatly increase your productivity in that little field), and then trade the products of your expertise for necessities other people have created, all of you thereby gaining gains from trade.
So, contracts, which are basically enforceable agreements that facilitate trading with people who you do not personally know and therefore might not trust.
Let's start with a simple example. You want to buy some gewgaws from somebody. But you don't know them personally. The seller wants the money, you want their gewgaws, but because of the lack of trust (you don't know them!! what if they're scammers??) neither of you can benefit from gains from trade.
However, suppose both of you know of some entity that both of you trust. That entity can act as a trusted escrow. The entity provides you security: this enables the trade, allowing both of you to get gains from trade.
In Bitcoin-land, this can be implemented as a 2-of-3 multisignature. The three signatories in the multisgnature would be you, the gewgaw seller, and the escrow. You put the payment for the gewgaws into this 2-of-3 multisignature address.
Now, suppose it turns out neither of you are scammers (whaaaat!). You receive the gewgaws just fine and you're willing to pay up for them. Then you and the gewgaw seller just sign a transaction --- you and the gewgaw seller are 2, sufficient to trigger the 2-of-3 --- that spends from the 2-of-3 address to a singlesig the gewgaw seller wants (or whatever address the gewgaw seller wants).
But suppose some problem arises. The seller gave you gawgews instead of gewgaws. Or you decided to keep the gewgaws but not sign the transaction to release the funds to the seller. In either case, the escrow is notified, and if it can sign with you to refund the funds back to you (if the seller was a scammer) or it can sign with the seller to forward the funds to the seller (if you were a scammer).
Taproot helps with this: like mentioned above, it allows multisignature setups to produce only one signature, reducing blockchain space usage, and thus making contracts --- which require multiple people, by definition, you don't make contracts with yourself --- is made cheaper (which we hope enables more of these setups to happen for more gains from trade for everyone, also, moon and lambos).
(technology-wise, it's easier to make an n-of-n than a k-of-n, making a k-of-n would require a complex setup involving a long ritual with many communication rounds between the n participants, but an n-of-n can be done trivially with some moon math. You can, however, make what is effectively a 2-of-3 by using a three-branch SCRIPT: either 2-of-2 of you and seller, OR 2-of-2 of you and escrow, OR 2-of-2 of escrow and seller. Fortunately, Taproot adds a facility to embed a SCRIPT inside a public key, so you can have a 2-of-2 Taprooted address (between you and seller) with a SCRIPT branch that can instead be spent with 2-of-2 (you + escrow) OR 2-of-2 (seller + escrow), which implements the three-branched SCRIPT above. If neither of you are scammers (hopefully the common case) then you both sign using your keys and never have to contact the escrow, since you are just using the escrow public key without coordinating with them (because n-of-n is trivial but k-of-n requires setup with communication rounds), so in the "best case" where both of you are honest traders, you also get a privacy boost, in that the escrow never learns you have been trading on gewgaws, I mean ewww, gawgews are much better than gewgaws and therefore I now judge you for being a gewgaw enthusiast, you filthy gewgawer).

Taproot and Your Contracts, Part 2: Cryptographic Boogaloo

Now suppose you want to buy some data instead of things. For example, maybe you have some closed-source software in trial mode installed, and want to pay the developer for the full version. You want to pay for an activation code.
This can be done, today, by using an HTLC. The developer tells you the hash of the activation code. You pay to an HTLC, paying out to the developer if it reveals the preimage (the activation code), or refunding the money back to you after a pre-agreed timeout. If the developer claims the funds, it has to reveal the preimage, which is the activation code, and you can now activate your software. If the developer does not claim the funds by the timeout, you get refunded.
And you can do that, with HTLCs, today.
Of course, HTLCs do have problems:
Fortunately, with Schnorr (which is enabled by Taproot), we can now use the Scriptless Script constuction by Andrew Poelstra. This Scriptless Script allows a new construction, the PTLC or Pointlocked Timelocked Contract. Instead of hashes and preimages, just replace "hash" with "point" and "preimage" with "scalar".
Or as you might know them: "point" is really "public key" and "scalar" is really a "private key". What a PTLC does is that, given a particular public key, the pointlocked branch can be spent only if the spender reveals the private key of the given public key to you.
Another nice thing with PTLCs is that they are deniable. What appears onchain is just a single 2-of-2 signature between you and the developemanufacturer. It's like a magic trick. This signature has no special watermarks, it's a perfectly normal signature (the pledge). However, from this signature, plus some datta given to you by the developemanufacturer (known as the adaptor signature) you can derive the private key of a particular public key you both agree on (the turn). Anyone scraping the blockchain will just see signatures that look just like every other signature, and as long as nobody manages to hack you and get a copy of the adaptor signature or the private key, they cannot get the private key behind the public key (point) that the pointlocked branch needs (the prestige).
(Just to be clear, the public key you are getting the private key from, is distinct from the public key that the developemanufacturer will use for its funds. The activation key is different from the developer's onchain Bitcoin key, and it is the activation key whose private key you will be learning, not the developer's/manufacturer's onchain Bitcoin key).
So:
Taproot lets PTLCs exist onchain because they enable Schnorr, which is a requirement of PTLCs / Scriptless Script.
(technology-wise, take note that Scriptless Script works only for the "pointlocked" branch of the contract; you need normal Script, or a pre-signed nLockTimed transaction, for the "timelocked" branch. Since Taproot can embed a script, you can have the Taproot pubkey be a 2-of-2 to implement the Scriptless Script "pointlocked" branch, then have a hidden script that lets you recover the funds with an OP_CHECKLOCKTIMEVERIFY after the timeout if the seller does not claim the funds.)

Quantum Quibbles!

Now if you were really paying attention, you might have noticed this parenthetical:
(technical details: a Taproot output is 1 version byte + 32 byte public key, while a P2WPKH (bech32 singlesig) output is 1 version byte + 20 byte public key hash...)
So wait, Taproot uses raw 32-byte public keys, and not public key hashes? Isn't that more quantum-vulnerable??
Well, in theory yes. In practice, they probably are not.
It's not that hashes can be broken by quantum computes --- they're still not. Instead, you have to look at how you spend from a P2WPKH/P2PKH pay-to-public-key-hash.
When you spend from a P2PKH / P2WPKH, you have to reveal the public key. Then Bitcoin hashes it and checks if this matches with the public-key-hash, and only then actually validates the signature for that public key.
So an unconfirmed transaction, floating in the mempools of nodes globally, will show, in plain sight for everyone to see, your public key.
(public keys should be public, that's why they're called public keys, LOL)
And if quantum computers are fast enough to be of concern, then they are probably fast enough that, in the several minutes to several hours from broadcast to confirmation, they have already cracked the public key that is openly broadcast with your transaction. The owner of the quantum computer can now replace your unconfirmed transaction with one that pays the funds to itself. Even if you did not opt-in RBF, miners are still incentivized to support RBF on RBF-disabled transactions.
So the extra hash is not as significant a protection against quantum computers as you might think. Instead, the extra hash-and-compare needed is just extra validation effort.
Further, if you have ever, in the past, spent from the address, then there exists already a transaction indelibly stored on the blockchain, openly displaying the public key from which quantum computers can derive the private key. So those are still vulnerable to quantum computers.
For the most part, the cryptographers behind Taproot (and Bitcoin Core) are of the opinion that quantum computers capable of cracking Bitcoin pubkeys are unlikely to appear within a decade or two.
So:
For now, the homomorphic and linear properties of elliptic curve cryptography provide a lot of benefits --- particularly the linearity property is what enables Scriptless Script and simple multisignature (i.e. multisignatures that are just 1 signature onchain). So it might be a good idea to take advantage of them now while we are still fairly safe against quantum computers. It seems likely that quantum-safe signature schemes are nonlinear (thus losing these advantages).

Summary

I Wanna Be The Taprooter!

So, do you want to help activate Taproot? Here's what you, mister sovereign Bitcoin HODLer, can do!

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Discussions About Taproot Activation

submitted by almkglor to Bitcoin [link] [comments]

OK r/conspiracy...who is behind the Twitter hack / bitcoin scam?

If you haven't heard:
A number of high-profile Twitter accounts were simultaneously hacked on Wednesday by attackers who used the accounts — some with millions of followers — to spread a cryptocurrency scam.
Apple, Elon Musk, Joe Biden and Bill Gates were among the accounts compromised in a broadly targeted hack that remained mysterious hours after taking place. Those accounts and many others posted a message promoting the address of a bitcoin wallet with the claim that the amount of any payments made to the address would be doubled and sent back.
In the hours following the initial scam posts, Kim Kardashian West, Barack Obama, Wiz Khalifa, Warren Buffett, YouTuber MrBeast, Wendy’s, CashApp and Mike Bloomberg also posted the cryptocurrency scam. (Techcrunch article)
It's weird because a) you've got to be a cybercriminal mastermind to pull this off, but 2) if you were a criminal genius you'd probably come up with something better than "send BTC here and i'll double it." (For example, a much more profitable hack would just be to short TSLA and have Elon tweet that he resigned.)
So what's going on here?
Seems to me like it is a government cyber-warfare "flex." But by who?
submitted by mcstutter to conspiracy [link] [comments]

Dear Ledger. You owe your customers this:

In the box that the Ledger comes in, have a big, bright red card with a simple url and text printed in bold in the middle:

IMPORTANT
VISIT ledger.com/welcome
BEFORE PROCEEDING

At this url, have a video. No long text, no ads, no tracking, no anything. Just a video.
In this video explain that the seed word should never be entered anywhere except into the device itself.
Explain that the seed should be physically written down to store it (or engraved or whatever), that it should never be typed with a computer keyboard. Explain that keeping the seed secure is MORE IMPORTANT THAN THE DEVICE in terms of security. Explain the crypto is not ON THE DEVICE.
Blockchain 101. Do it with animation or whatever. Make it snappy, simple and fun. 3 minutes.
Why the video? Because people don't have the knowledge, they don't understand, they can't tell a fake app/extension from a real one, they are naive, and they don't read the fucking manual. But critically they do not know the fundamentals of crypto. They do not know the seed is the actual key, that the bitcoin is not 'on' the fucking ledger, the ledger just stores the seed.
The seed is not some secondary 'ledger password' type thing that, if their device is safe, is not THAT important. It's not just to restore, in case something happens. That the entire point of the device is to protect that very seed. Just explain the basics in basic terms.
Should they know this stuff? Whether they should or not, they don't. The endless 'where is my BTC gone, my ledger was hacked! BTW I also stored my seed in my dropbox and used the ledger chrome extension' posts are testament to this.
You owe it to your customers. You have the means. It won't be a hard thing to pull off. You could do it in a day if you really had to. And you arguably are morally obligated. You are selling the lynchpin in security of people's lifesavings. You have power and you have this responsibility. We want crypto mainstream right? Well you need to evolve your product to accommodate the average Joe. You want to sell these wallets to as many people as possible so appreciate that your average customer is no longer a cypherpunk as they once might have been.
You are currently selling DIY bazookas on ebay, with a tiny , illegible 'point this way' sticker at the bottom, instead of this message being engraved and painted in red on the side.
Give them the basics in a form they can digest, in the fucking box. It's really not rocket surgery.
And what is the downside? There is none. Fewer lives are wrecked and it improves your reputation in the industry.
submitted by complicit_bystander to ledgerwallet [link] [comments]

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The entire Bitcoin wallet company then shuts down, claiming to be hacked. All your Bitcoins are gone after the hack, with no way to get them back. This classic scam can happen with Bitcoin exchange companies, Bitcoin mining groups, and other cryptocurrency platforms as well. It's become a bit too common for the tastes of some. Hackers just stole $40 million worth of bitcoin from Binance, one of the largest cryptocurrency exchanges in the world. It’s hardly the first time crypto has been targeted by thieves. For a 2) Hacking Bitcoin Mining Pools and Exchanges. In August 2014, a Hacker was able to Mine $84k worth of Bitcoins by hacking into Bitcoin mining pool, by gaining access to the ISP Infrastructure and diverting the computing power of private Bitcoin mines to his own Mining pool. These fake wallets are a routine thing both on Apple and Android App Stores. 4. Bitcoin miner malware. For those looking to find out how to hack Bitcoin faucet, another option is to rely on some Bitcoin miner malware. Every Bitcoin that gets mined makes the creation of the new Bitcoins harder. [ July 22, 2020 ] How To Post About Mental Health Without Sounding Like A Heartless Jerk Lifestyle [ July 22, 2020 ] Tesla makes $104M profit in 2Q despite factory shutdown Finance [ July 22, 2020 ] Trump’s Tulsa Rally Drew Sparse Crowd, but It Cost $2.2 Million Politics [ July 22, 2020 ] Opening day amid virus: Masked men, empty parks, odd sounds Sports

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