Cracking a $2 million crypto wallet

Discussion in 'other security issues & news' started by Rasheed187, Feb 7, 2022.

  1. Rasheed187

    Rasheed187 Registered Member

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    Seriously, this bitcoin stuff is one of the dumbest things I have ever seen. But it was interesting to read how they managed to hack this Trezor One hardware wallet.

    https://www.theverge.com/2022/1/24/22898712/crypto-hardware-wallet-hacking-lost-bitcoin-ethereum-nft
     
  2. zapjb

    zapjb Registered Member

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    Interesting read.
     
  3. Rasheed187

    Rasheed187 Registered Member

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    I still can't believe that bitcoin got this big, it's complete nonsense in my view. Elon Musk (Tesla) should be ashamed of investing $2 billion in this crap. But anyway, yes it was an interesting read, these hackers really think on a different level, it's like a puzzle they needed to solve, and only one mistake and the $2 million would have been gone.
     
  4. xxJackxx

    xxJackxx Registered Member

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    I'm waiting to see what the end game is. So far it just seems to enable crime and make rich people richer. Maybe that is the end game. But yes, an interesting read in any case.
     
  5. zapjb

    zapjb Registered Member

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    Speaking of endgame. The couple that stole 4.5 Billion in crypto in 2016 got caught in the States. Is it just me or is everybody thinking *** were they doing in the States instead of a country that doesn't extradite?
     
  6. Rasheed187

    Rasheed187 Registered Member

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    The endgame is that banks like Goldman Sachs and investors like Cathie Wood are trying to talk up the price of bitcoin, claiming that in a few years it will hit $200.000 based on absolutely nothing. The stock market is a casino too, but at least predictions can be based on future revenue, profits, debt, cashflow and stuff like that.

    They probably thought that this stuff was untracable. But I still don't understand how they manage to steal this crypto stuff in the first place, lately I have been reading about these hacks more frequently.
     
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