More / Bitcoin Reddit - 3 days ago
I've been where some of you are today. During the FTX collapse, I lost over $2 million USD. The cascade triggered margin calls, then liquidation. In what felt like an instant, six years of stacking disappeared. (Can send proof to mods if needed)...
More / Bitcoin Reddit - 3 days ago
Nvk history posts show he was completely aware of firmware vector attacks, and narrative is, never in 5 years they audited the code in the single most safety-critical function on the device, not even SWE prompting to ask a frontier model "...
More / Bitcoin Reddit - 3 days ago
“A hardware wallet is supposed to solve one problem: keep your Bitcoin keys somewhere no attacker can reach them. This week showed what happens when the flaw sits inside the wallet itself. A firmware bug that's been shipping in Coldcard dev...
More / Bitcoin Reddit - 3 days ago
My seed used with this device was strong and I was unaffected by the security flaw in the RNG setup. Still, I’m re-doing everything. I am moving back to my ledger until I get a multisig setup with a SeedSigner or similar. It’s gonna be a pain t...
More / Bitcoin Reddit - 3 days ago
???? Yellow ≠ broken. None of the nine Yellow products has a confirmed fund-loss-by-default flaw. Yellow means at least one of: (a) something security-critical sits outside independent verification. i.e., closed firmware or secure-element cod...
More / Bitcoin Reddit - 3 days ago
As a thought experiment, suppose a white-hat had been the first to discover the Coldcard RNG vulnerability. How could they possibly have disclosed it responsibly, given that weak seeds had already been generated? A public warning would immediately cr...
More / Bitcoin Reddit - 3 days ago
You probably heard the birthday paradox, having 23 people in a room creates a 50% chance that at least two of them share the same birthday. Applying it to the vulnerable search space in the ColdCard bug (Following reports that search space was reduce...
More / Bitcoin Reddit - 3 days ago
This is a tough week for bitcoin community. Wishing speedy recovery of funds for everyone involved. Lessons learned for the rest: Hardware wallets - were always a vector of a possible attack. Just like you can't trust 100% your ISP, your PC and...
More / Bitcoin Reddit - 3 days ago
Don’t trust, verify. Before blindly trusting exlib funcs. submitted by /u/CrouchingTurk [link] [comments]
by COINS NEWS - 3 days ago
Is the race toward quantum-safe crypto already underway? Some key takeaways: Galaxy Digital estimates roughly 7 million BTC, worth about $470 billion, are held in addresses with exposed public keys. Researchers continue to reduce estimates for...
by COINS NEWS - 3 days ago
99% of layer-1 blockchain Q&A: Q: What is the usecase of layer-1 blockchains? A: Layer-1 blockchains are designed for near-instant transaction finality and low-cost scalability, making it ideal for Decentralized Finance (DeFi). Q: What is the us...
More / Bitcoin Reddit - 3 days ago
Bitcoin Drive Engaged submitted by /u/WizofWallstreet [link] [comments]
More / Bitcoin Reddit - 3 days ago
Something that finally clicked for me after years in Bitcoin: when your hardware wallet generates a seed, you're trusting its RNG and its firmware with literally everything. For most people that's a reasonable trust tradeoff. But you don'...
by COINS NEWS - 3 days ago
Hey all, So... I'm at a loss here. I have some usdt trc I'd like to swap to erc but I do't have enough trx for that. so I thought ok, I bet I could swap usdt for trx... Not. I need trx to do that as well, so I'm stuck at some kind of...
More / Bitcoin Reddit - 3 days ago
I thought sharing this would help anyone who lowered their confidence in BTC; here is the btc hack timelines. 2011 – 25,000 BTC stolen from mt gox 2012 – 24,000 BTC stolen from linode-hosted Bitcoin services. 2014 – 850,000 BTC lost/stolen in the co...
More / Bitcoin Reddit - 3 days ago
Took me years of DCA’ing to get there. I went with Coldcard because it was marketed as “ultra-secure.” I knew multisig was technically safer. I wasn’t worried about my key being guessed… I was worried about someone physically stealing it or it being...
by COINS NEWS - 3 days ago
From what I've been hearing, this year's setup looks pretty impressive. Apparently OKX is sponsoring the village, which means attendees will have free access to things like the village badge, workshop hardware, hackathon prizes, and lab...