Crypto wallets getting rekt! Recent breaches??? Insane!!!

[Anonymous No.55211837]

The atomic wallet hack of this weekend is straight-up insane. We're so damn far from achieving any semblance of decentralized finance.

>We need to crack the cybersecurity prob first, no doubt about it. This attack was coordinated by a badass squad of professional hackers. What the actual fuck is going on???

[Anonymous No.55211893]

>>55211837
BBRUUUUUHHHHH fr fr

[Anonymous No.55211908]

>>55211893
This is unacceptable anymore

[Anonymous No.55212051]

>>55211837
>cbdc
>ubi
>wut anon
>(you)

[Anonymous No.55212186]

>>55212051
That's it?

[Anonymous No.55212379]

>>55212051
cbdc. hated that shit

[Anonymous No.55212871]

>>55212379
It's not just you

[Anonymous No.55213076]

>>55211837
So.. was it some browser extension hot wallet or what?

[Anonymous No.55213082]

>>55213076
nice

[Anonymous No.55213115]

ujyhtgrfdes

[Anonymous No.55213178]

>>55213076
just quit crypto

[Anonymous No.55213593]

>>55213115
What's this?
>>55213178
Lol.

[Anonymous No.55213704]

>>55211837
The hack might continue...

[Anonymous No.55213722]

>>55213178
We die here

[Anonymous No.55213756]

>>55211837
It's sh*t, Anon. After updating their wallets the poorfag phrase keys goes in to the pajeet's microscope. Wallets with self custody, self sovereign and privacy features will be ideal for oldfag like myself.

[Anonymous No.55213828]

>>55213704
Any basis?

[Anonymous No.55213834]

>>55213756
Still a fancy term, no actions

[Anonymous No.55213897]

u had a few months to buy gold and silver with ur crypto on apmex thats what i did with all my crypto sold it all and got stuff on apmex a year ago

[Anonymous No.55213914]

>>55212379
They hated everything good

[Anonymous No.55213936]

i had few thousands of dgb and xrp and xlm on ledger atomic exodus wallets but i sold it all and got ltc and btc and used it to get stuff on apmex

[Anonymous No.55213944]

>>55213828
Atomic Wallet hack for instance, what measure has been taken? But then it might take years to be successful because of the encryption methods

[Anonymous No.55214041]

>>55213944
>what measure has been taken?


They are doing all they can to recover the stolen assets through elliptic. The investigation team claimed they had traced funds from the $35 million atomic wallet hack to crypto mixer Sinbad.io.

I think their basis is based on the previous claim that the mixing service is used to launder more than $100 million in crypto assets stolen by North Korea's so-called Lazarus Group.

I doubt they can recover those assets.

[Anonymous No.55214084]

>>55213936
I don't trust ledger. Privacy is being bridged.
Companies are racing to eliminate users confidentiality and privacy. The most recent version of Ledger splits your private keys into small pieces and distributes them to various companies. Your private keys are now accessible to your government. Only retards, pajeets, and junkies would believe that this wouldn't be misused.

[Anonymous No.55214085]

So what was it? Malicious update to appstore? Or shitty RNG? From twitter threads it seems people who did not log in into it also had funds stolen.

[Anonymous No.55214096]

>>55214084
Would you use Trezor instead? I am chosing new HW wallet now, and it seems it is the right choice. I only have to teardown it and check if it is genuine.

[Anonymous No.55214214]

>>55214041
They're just making noise, Nexera ID Wallet SDKs is the way to go for wallet security. Ask me how

[Anonymous No.55214229]

>>55213828
>>55213834
>>55213704
>>55213722
>>55213178
>>55213082
>>55212379
>>55212871
>>55212186
I kekd. Now go back.

[Anonymous No.55214237]

>>55214096
>Would you use Trezor instead?


I would love to, but for now, no. The major challenge raising more concern is ledger recover, a new product. This has sparked a lot of outrage. The big question is: can self-custody be easy for the masses?

[Anonymous No.55214242]

>>55214085
Forget about those snooze-fest wallets, for safety, I prefer using Brillion smart wallet Their identity solution empowers users by granting them complete control over their digital identity, assets, and privacy

[Anonymous No.55214249]

>>55211837
I'll stick to my Railway wallet till the end. Privacy wallet brings zero problems.

[Anonymous No.55214288]

>>55214242
I've been peepin' the scene lately, and it seems like security ain't getting the attention it deserves. It sucks to admit, but we really need a stronger focus on security and privacy if we wanna see crypto/ blockchain in general go mainstream. So, when the hell is that gonna happen??

[Anonymous No.55214304]

>>55214288
Redditors need to stop using close sourced wallets only with pain people learn

[Anonymous No.55214321]

>>55213756
>Wallets with self custody, self sovereign and privacy features will be ideal for oldfag like myself.
This is it, Privacy is the key.

[Anonymous No.55214428]

>>55214237
It is not about recover feature.
It is about them having technical way to get your private keys out of the secure chip. Which everyone was not expecting.
This means that if government asks them to provide some special firmware upgrade to extract your keys - they will comply and your keys will be extracted.
Of course the same can be done to any HW wallet, even to opensource one, but in trezor you can atleast use a passphrase easily (because the screen is bigger), and this means that half of the private key is never stored in HW wallet and it is impossible to extract something that is not there.

[Anonymous No.55214432]

>>55214428
>that half of the private key is never stored in HW wallet
And this is verifiable because firmware is opensource and binary reproducible.

[Anonymous No.55214438]

>>55214249
I think is a good one only if can create privacy-preserving zero-knowledge proofs (ZKPs) for authentication and recovery in case access to the wallet is lost.

[Anonymous No.55214456]

>>55214428
Honestly, these idiots from ledger at least could pretend that private keys are not accessible to the main chip. And ask user to ender seed phrase again if they chose to use their shitty subscription service. It is funny that nobody in that company thought of this.

[Anonymous No.55214500]

>>55214288
I guess you're sleeping behind their growth you need to up your game or you might lost your bucks the atomic way

[Anonymous No.55214525]

>>55214500
Atomic way lol

[Anonymous No.55214550]

>>55214096
Trezor yes! Degen like myself had to pick a smart wallet and identity solution that would give me total control over my digital identity, assets, and privacy.

[Anonymous No.55214691]

>>55214525
Yes anon, My plan B is to use wallets that makes it possible to enjoy smooth identification, seamless asset management, and top-notch security features.

[Anonymous No.55214705]

>>55214550
Sensible anons are as rare as a double rainbow. Enjoy this moment while it lasts

[Anonymous No.55214749]

>>55214691
Smart move, Fag. I already say goodbye to complexity as I navigate the world of crypto on my own terms.

[Anonymous No.55214755]

>>55214691
While no service provider can be perfect, it's crucial for developers and projects in the crypto space to actively address the security concerns and work towards combating hacks and vulnerabilities. The occurrence of hacks and security breaches not only damages the reputation of specific projects but also affects the overall perception of the crypto space.

[Anonymous No.55214825]

>>55214428
It still boils down to the recovery features.

I can't believe nobody thought of the direction they are actually heading, knowing fully well that privacy and security are top priorities in the crypto space.

The next option and alternative is the use of SSI. I actually have one in mind that supports these features, enhances flexibility, privacy, and security, and also has a recovery mechanism.

[Anonymous No.55214850]

>>55214456
Well, no one gives a fuck about it since there are other alternatives to rely on. Privacy and security are key criteria that no one is ready to undermine. They should have known this before making any move towards this sh*t.

[Anonymous No.55215035]

>>55214825
As normie, I opted for advanced asset recovery mechanism backed by AllianceBlock's Nexera Protocol.

[Anonymous No.55215174]

>>55214749
Is all about taking advantages as we can have security and privacy without too much user involvement in the process.

[Anonymous No.55215218]

>>55214755
Better play safe anon, I've chooses to move ahead with the help of Allianceblock NexeraID. No question about protection

[Anonymous No.55215341]

>>55214229
Jeets
>>55215218
No guarantees. But hey, if you're thinking that's the move for you, I won't argue. Protecting your assets at all costs is the name of the game. It's all about securing your future kek. Gotta do what you gotta do.

[Anonymous No.55215466]

>>55215174
Anon, security and privacy are critical in this industry. Smart wallet is the way to go for me, if you understand what i meant.

[Anonymous No.55215544]

>>55215174
I am eager to explore the exceptional security and asset recovery aspects of smart wallets developed using NexeraID, Ranjeet.

[Anonymous No.55215564]

>>55215466
based

[Anonymous No.55215635]

>>55215035
If the features mentioned are top priorities, it's good to embrace it once you're sure it won't screw you up like Atomic Wallet did.

[Anonymous No.55215804]

>>55215341
>No guarantees. But hey, if you're thinking that's the move for you, I won't argue. Protecting your assets at all costs is the name of the game. It's all about securing your future kek
Nothing seems safe to me again. Wallets and CEX are all unsafe. stored in a wallet, it gets compromised and hacked. In exchange, insolvency and regulations become the norm. The space is so fucked that I abhor the current condition.

[Anonymous No.55215965]

>>55215804
Nothing in crypto is safe and guaranteed. It's a wild ride, and if you can't handle the heat, you might wanna consider quitting crypto altogether. But if you're still in the game, you gotta find an alternative service provider that suits your style. It's all about minimizing the risks and maximizing the gains. So, either get out or find the provider that clicks with you. No time for messing around!

[Anonymous No.55216297]

>>55215635
A solution that solves the crucial crypto problem of wallets and asset management is something to look at.

[Anonymous No.55216321]

>>55211837
it was likely a covert backdoor placed there by the developers. then they had each client reporting large balances to a C&C server which then auto trasnfered the funds once a certain amount was detected.

[Anonymous No.55216364]

>>55215341
Anon, this is my rule. My security, data, and assets must be protected at any costs. I'm such a badass normie who prioritizes security and asset recovery mechanisms above anything else.

[Anonymous No.55216423]

>>55211837
Quantum computing will destroy crypto itself. It's just a matter of time.

[Anonymous No.55216940]

>>55216364
Everyone's aiming for that. Your assets, your responsibility. It's all about having multiple options, so you get what you truly deserve. Hackers always gonna try their sneaky tricks, but we gotta be wiser than them. Stay sharp.

[Anonymous No.55217217]

>>55214321
That's one reason I trust Brillion. I'd never be one to compromise on my privacy and security.

[Anonymous No.55217532]

>>55215965
You sound much better than all this retard. I think we are still in a deadly zone that needs urgent attention to be improved.

[Anonymous No.55217601]

>>55216297
Yeah, but we have just a few that have a shitty UI and UX. I doubt if those developers took the time to build. I don't want to mention them, so it won't be like I'm fuding the shit out of them. I think better ones will emerge with time.

[Anonymous No.55217614]

>>55216423
tech again.I just want x1000 and exit. tell me tell me

[Anonymous No.55217708]

>>55217217
Passive income, that's the way to go while we wait for that mainnet launch. Ain't nothing wrong with a good old airdrop. Some might call us cheap, but that's how I started my crypto journey, and now look at me, a legit crypto investor. Don't sleep on those opportunities. Your choice anyway.

[Anonymous No.55218325]

>>55217601
People still dig CEXs because of their user-friendly interfaces. It's where they feel most comfy in the crypto world. But check it, if a dev focuses on creating a badass, user-friendly app, it'll straight-up revolutionize the game! It'll break down the barriers and bring in the masses anon.

[Anonymous No.55218473]

>>55215466
>if you understand what i meant.
only a noob won't understand it, i make sure I opt for wallets with 2FA like metamask, sylo, ZenGo cos it adds an extra layer of security to the assets by requiring additional code in addition to the password.

[Anonymous No.55218642]

Wtf is this entire thread bots and jeets talking to eachother? You all stick out

[Anonymous No.55218746]

>>55218642
You're pointing out yourself?

[Anonymous No.55218759]

>>55211837
This is why I only hold my solid wallet on CryptMI app where it's super safer.

[Anonymous No.55218879]

>>55217708
staking is my passive income

[Anonymous No.55219433]

>>55218879
Yeah, staking allows people to earn rewards, and it's no surprise that more and more individuals are jumping into these programs. Who wouldn't want the opportunity to earn some extra goodies?

[Anonymous No.55219484]

>>55218759
Not familiar

[Anonymous No.55220026]

>>55217217
Brillion is a good option considering it leverages on NexeraID but irrespective of that i would still prefer to diversify my assets across several platforms.

[Anonymous No.55220111]

>>55220026
As much as diversification is interesting to hear about, the fears of losing assets still lingers to be honest.

[Anonymous No.55220270]

>>55220111
Risk is part of every industry if you intend on being a pussy then you go back to keeping your assets in banks, I would rather diversify my assets across BrillionFi, CryptMi and Trezor with zero exposure to CEXes.

[Anonymous No.55221936]

>>55211837
Damn, this issue has been a fucking headache for years, man! All I see is a bunch of empty promises about decentralized wallets, but the only one that's even remotely close to nailing it is Sylo and Safepal. The rest can seriously get the fuck outta my face. It's just a bunch of scamming dickheads and morons teaming up

[Anonymous No.55223738]

>>55211908
Wait till the quantum computer threat come for our ass

[Anonymous No.55223988]

>>55213704
Most likely, I think we are fucked

[Anonymous No.55224230]

>>55223738
Faggot, there are quantum-resistant blockchains already, I know of QAN and ALGO

[Anonymous No.55224315]

>>55214825
The thing is that seed phrases and private keys and too inaccessible for normies and is fending off adoption.
It's a bad call from ledger but it's easy to see why they thought of this idea: many people lose their funds because of fuck ups regarding self custody

[Anonymous No.55224687]

>>55224230
Based

[Anonymous No.55224940]

>>55224315
Fair enough

[Anonymous No.55225722]

>>55220111
Losing your assets would be avoided if you take the right steps chad. Self custody is a good option with the aid of a few wallets like Wasabi, Sylo and Exodus for asset security.

[Anonymous No.55226423]

>>55225722
Chad

[Anonymous No.55227419]

>>55214705
What?

[Anonymous No.55228242]

>>55225722
For the first time, I heard Faggot speak unambiguously. Normies are gravitating toward asset recovery mechanisms powered by the Nexera Protocol.

[Anonymous No.55228416]

>>55211837
I always use Railway wallet to hide my transaction address, a scammer can only target who he can see.

[Anonymous No.55228578]

>>55211837
A blockchain without post quantum algorithm cryptography project like Qanplatform will be the worst hit very soon. Y'all retards should expect quantum computing hack very soon

[Anonymous No.55228594]

>>55228416
That's smart move, anon. I'll be enjoying top notch security features and smooth ID solutions with brillionfi.

[Anonymous No.55228947]

>>55228416
Really?

[Anonymous No.55229161]

>>55213178
Not until the faggot wins. QAN potential airdrop is an opportunity that shouldn't be missed

[Anonymous No.55229415]

>>55219433
Normies ain't gonna miss out on extra baddies. Ready to peep on Brillion liquidity mining campaign. They're dishing out a mind-blowing 1 million DUA as a juicy reward. Don't sleep on it, senpai!

[Anonymous No.55230510]

>>55229415

[Anonymous No.55230571]

>>55211908
It would keep happening until users take control of their personal assets anon. More reason why I store my Matic, Eth and Ltc on private wallets like Brillion where I get full custody.

[Anonymous No.55231430]

kek

[Anonymous No.55231447]

>>55217614
you might get rekt in your quest for a 1000x

[Anonymous No.55231500]

>>55211837
>The atomic wallet hack
If only there was any way to foresee such an attack

3rd party web3 security team Least Authority called it a security risk more than a year ago
https://web.archive.org/web/20220210153123/https://leastauthority.com/blog/disclosure-of-security-vulnerabilities-in-atomic-wallet/
>As a result, we strongly recommend that the Atomic Wallet team immediately notify users of the existing security vulnerabilities. In addition, until the issues and suggestions outlined in the report have been sufficiently remediated and the Atomic Wallet has undergone subsequent security audits, we strongly recommend against the Atomic Wallet’s deployment and use.

>strongly recommend against the Atomic Wallet’s deployment and use.

[Anonymous No.55231549]

>>55217614
You can't completely overlook the tech dude. But, you should keep an eye on tokens like MNI and Hiyield, they're looking really solid and could be exactly what you're looking for. I've got big bags myself.

[Anonymous No.55231563]

>>55229161
based senpai

[Anonymous No.55231637]

>>55217708
Based anon. But I'm definitely not one to overlook passive income opportunities. Right now, I'm earning passively too on Alliance Block in DUA's LM pool

[Anonymous No.55232969]

>>55211837
DiDs integration will improve security.

[Anonymous No.55234248]

>>55211837
It will take a while before much can be done about the hacks because hackers are also improving every day, but I think with techs like the Allianceblock Nexeral protocol, we might be able to reduce wallet hack to the bear minimum

[Anonymous No.55234318]

>>55213722
Mo Luciano

[Anonymous No.55234811]

>>55234248
I think that's what the BrillionFi app operates on, but I haven't really taken time to properly check it out