More / Bitcoin Reddit - 4 weeks 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 - 4 weeks 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...
by COINS NEWS - 4 weeks 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 - 4 weeks 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 - 4 weeks ago
Bitcoin Drive Engaged submitted by /u/WizofWallstreet [link] [comments]
More / Bitcoin Reddit - 4 weeks 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 - 4 weeks 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 - 4 weeks 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 - 4 weeks 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 - 4 weeks 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...
More / Bitcoin Reddit - 4 weeks ago
Just saying sorry, i know some people get out their soap boxes, some point fingers, some laugh. For the ones that just woke up and had their lives turned upside down and stressing out, its going to hurt, but tomorrow will be another day. Sorry you ar...
More / Bitcoin Reddit - 4 weeks ago
This is for the people on my last post who despite being on a bitcoin subreddit are somehow completely technically illiterate with regards to LLMs, and called me a naive idiot repeatedly. submitted by /u/Impressive-Gene-421 [lin...
More / Bitcoin Reddit - 4 weeks ago
Like many of us, I have followed the news of the Coldcard disaster. It has left me stunned and I feel terrible for everyone who has lost their hard earned BTC. After thinking about it consistently since it happened, I believe this case is challenging...
More / Bitcoin Reddit - 4 weeks ago
It is unbelievable that some kid with an LLM just stole $100m+ because no one bothered to check the source code. Also on GLM 5.2 (trained 16th June, no internet access). submitted by /u/Impressive-Gene-421 [link] [comments...
More / Bitcoin Reddit - 4 weeks ago
TLDR: coldcard decided to move from open source licensing to a "source available" license that would prevent people from forking their firmware to make competing products. This meant they needed to replace GPL license crypto libraries, it i...
More / Bitcoin Reddit - 4 weeks ago
Think of a seed phrase as a random specific coordinate on Earth that has your Bitcoin The default seed coordinate is ground level dirt where your treasure can be seen and stolen easily A passphrase is a skyscraper built on top of that coordinat...
More / Bitcoin Reddit - 4 weeks ago
Spread your coins across multiple devices from different vendors. Reduce the blast radius. None of us here are reading the code. We assume someone else is. With AI getting better and better, we should expect more hacks coming. submitted by...