/biz/ - Business & Finance

[Anonymous No.56647741]

A whooping sum of 27m stolen from a wallet. Does security even exist in crypto? Don't tell me shit about self-custody cos this is a hot wallet.

[Anonymous No.56647763]

That was probably part of the piloniex hack

[Anonymous No.56647775]

"Stolen"

[Anonymous No.56647793]

>>56647741
gonna be a hell of a party. Id get Angelina Jolie over

[Anonymous No.56647795]

>>56647763
Looks like a personal wallet. A lot of hacks to be scared of this clown called web3.

[Anonymous No.56647806]

>>56647793
Hacker chilling in Maldives with some side chicks

[Anonymous No.56647846]

>>56647741
$27m not on ledger, multi-sig or a private wallet. That fucktard doesn't know the meaning of security.

[Anonymous No.56647951]

>>56647741
RAIL should be prioritised after seeing how it is championing privacy on Ethereum and other EVMs.

[Anonymous No.56647960]

>>56647775
yep, iv seen some crypto gambling sites do this, like faucetpay, hashdice, pasino

[Anonymous No.56648084]

So are the funds untraceable after the bridge?

[Anonymous No.56648110]

>>56647846
The best option would be to
>> Use a private wallet
>> Use a hardware wallet

I'm not a moron to keep $27m in one wallet no matter how secure it might be.

[Anonymous No.56648166]

>>56648084
Everything is traceable unless it's going through a private wallet.

[Anonymous No.56648178]

>>56647741
Went to the club, got so high, gave my girlfriend my phone, 2 days later my wallet was hacked.

[Anonymous No.56648193]

>>56648166
Just like Railway wallet that provides self-custody as well as privacy features.

[Anonymous No.56648266]

>>56648110
XRP - 10%
INJ - 40%
ARB - 30%
MATIC - 20%
Splitted my networth into crypto and dumped them on Railway wallet. No worries at all.

[Anonymous No.56648340]

>>56647741
>all funds exited to btc via thor....
based bitcoin maxi.
no matter what you think, zeroing out shitcoiners of their shitcoins and transferring everything to bitcoin is a huge win for humanity and the only ethical solution

[Anonymous No.56648370]

>>56647741
One of the many shit that happens in crypto. Wake me up wen regulation hits.

[Anonymous No.56648394]

>>56648370
>boomers can write words on paper that will stop this computer code from executing
t. euro-tard

[Anonymous No.56648447]

>>56648370
fucktard. when did regulation ever became a solution to anything? govt waiting to steal users privacy and limit them is what you call a solution? always know biz is full of pee-brained normies.

[Anonymous No.56648474]

>>56647741
Learn to protect your asset everyone as we gon' be seeing more of these hacks normies.
>> Don't tell me shit about self-custody cos this is a hot wallet
Get some extra layer of security with private wallets. Self-custody still remains a thing.

[Anonymous No.56648504]

>>56647741
Fuckkkkkkkkkkkkkkkkkkk

[Anonymous No.56648547]

>>56647741
A hot wallet with no option of making private transactions.

[Anonymous No.56648559]

>>56648370
Don't care about regulation. zk-complaint privacy protocols will be helpful to keep my wallet private. Go expose yourself to the government.

[Anonymous No.56648575]

>>56647846
ethereum can't do multisig, you have to trust third party developers to get a feature bitcoin's had since 2009.

[Anonymous No.56648623]

>another spam thread for more backdoored "privacy" protocols

>>56648340
its standard procedure for black money and it makes monero bagholders seethe like nothing else.

everything either through tornado cash first or straight into thor's bridge. no other flawed privacy coins, tokens, or contracts needed. bitcoin mixers push more volume than monero's entire volume.

[Anonymous No.56648628]

>>56647795
It's most likey a dust attack, you just need to hide your address while transacting.

[Anonymous No.56648637]

>>56648084
Probably moved through some mixing service, likely XMR. This is why there needs to be some regulatory oversight.

[Anonymous No.56648652]

>>56648110
It's best to combine the two. Hardware wallet for long term hodl, privacy wallet for frequent transactions and to connect to defi sites.

[Anonymous No.56648654]

>>56648166
Use Monero.

[Anonymous No.56648676]

>>56648637
Fuck no

[Anonymous No.56648678]

>>56648559
This looks like a perfect solution to the compliance and privacy delimma, thanks to Railgun.

[Anonymous No.56648716]

>>56648654
Why? Whereas privacy protocol that enhances privacy on Ethereum and allows for anonymous txns while preserving transparency is what we need now.

[Anonymous No.56648729]

>>56648716
>2024 - 1.5 months
>poojeets still haven't been range banned

[Anonymous No.56648734]

>>56648628
there's no such thing as a dust attack.

>>56648637
only small time criminals use monero, it's not viable for any real money laundering operation.

[Anonymous No.56648741]

Stolen how, though.
Not crypto's fault that people are retarded. You wouldn't leave your wallet in the middle of the street with a couple bills showing for a couple hours and then come back expecting it to still be there, would you?
If anything, crypto shows that people have turned into massive retards retards when it comes to self-custody thanks to banks.

[Anonymous No.56648779]

>>56648575
Safe is a multi-sig walllet and it supports Ethereum anon. Go learn self-custody.

[Anonymous No.56648784]

>>56648654
Monero got hacked recently. I can't help it but think itself is under attack.

[Anonymous No.56648788]

just use qredo wallet, literally better than a cold wallet
not your keys not your coin

[Anonymous No.56648820]

>>56648779
it's a third party product and wildly overcomplicated for what it does
at the very least there should have been a native multisignature contract standardized and put into default clients by 2015.

[Anonymous No.56648824]

>>56647741
>immediately swapped to ETH
HAAAAAAHAHAHAHAHAHAHAHAHAHAHAAAAA!!!! THE SCAM BLOCKCHAIN STRIKES AGAIN!!

[Anonymous No.56648854]

>>56648820
Still the best even as a third party product and since there's not any directly on ethereum if only people can stick with private smart contracts since that's the best to stay secured on ethereum.

[Anonymous No.56648865]

>>56648788
I used this the early days it got launched and had some qrdo, got some good security features.

[Anonymous No.56648915]

>>56648741
Would not happen in web 2. lot of bad actors in crypto and you blame is on the users.

[Anonymous No.56648990]

>>56648915
>lot of bad actors in crypto and you blame is on the users
Lot of bad actors in the entire history of humanity before crypto was a thing. Interesting how you have a problem specifically with crypto though, huh?

[Anonymous No.56649031]

>>56647795
Use private wallets to mask your wallet info and portfolio. No one steals what they don't see

[Anonymous No.56649046]

>>56648370
>pls more authority, plx more gubermans, plx im dumb pussy faggot plx more state sanctioned anythings
>>56648178
serves you right for being a dumb niggerfaggot doing dumb niggerfaggot things and having a dumb niggerfaggot whore gf

[Anonymous No.56649096]

>>56648559
Ensuring users' privacy and anonymity using zk proof is the game-changer.

[Anonymous No.56649111]

>>56648990
most normies from web2 think crypto is all scam and gamble. can't wait for mass adoption and people get to see the through meaning of decentralization.

[Anonymous No.56649121]

>>56648628
what is a 'dust attack'? how does someone 'hide their address while transacting'?

no one will even pretend to answer these questions lol

[Anonymous No.56649125]

>>56649096
Regulation is the enemy of crypto privacy. The IRS and the feds will continue to shit on privacy projects

[Anonymous No.56649184]

>>56648788
Railway wallet >>>>>>>

[Anonymous No.56649200]

>>56647741
Monero wallet got hacked, bruh. It ain't just some self custody issue. Devs be pulling shady backdoor shit in dApps, too many hacks for this to be a hoax.

[Anonymous No.56649205]

>>56649125
Regulation can't kill privacy still. Privacy with compliance is a welcomed development.

[Anonymous No.56649225]

>>56649200
It's clearly a self-custody issue. only rich plebs keep $27m in a hot wallet.

[Anonymous No.56649241]

>>56649111

its not going to happen until the government says crypto is approved and safe.

Normies don't care about anything unless the government says it's safe and required.

[Anonymous No.56649258]

>>56649241
Beginning of the end. Hope to make shitload of money and get out before that happens.

[Anonymous No.56649269]

>>56649121

dust attack is just a fishing scam where you create a dapp and website, mint tokens, send the tokens to every wallet you find.

Then when people see the tokens in their wallet, the hope is that they go to your website and connect their wallet to redeem the tokens, but instead the code drains their wallet and sends everything to your wallet.

[Anonymous No.56649281]

>>56648628
How does someone get hacked by a dust attack?

All you have to do is ignore them.

[Anonymous No.56649310]

>>56648474
>>56648340
you sound like a jew like what a jew would say about anything jews and israel related
>>56648447
>normies
the real root of any problem
the solution is to kill all normies

[Anonymous No.56649343]

>>56648370
No shit will happen zk proof is used to ensure the anonymity and privacy of its users.

[Anonymous No.56649399]

>>56649310
>the solution is to kill all normies
You want to end the human race?

[Anonymous No.56649433]

>>56649269
wow a real answer, thanks bro. this is a very old trick i didnt know what it was called

[Anonymous No.56649441]

>>56649184
That's where I get my assets safe and shielded from prying eyes.

[Anonymous No.56649665]

>>56647741
Self-custody =/= responsibility over your own security
Most people holding crypto in self-custody are severely irresponsible. Like you say, this was a hot wallet. Who the fuck keeps 27M in a hot wallet? That's like leaving diamonds, unattended and on public display, on your car's passenger seat, then crying when some nigger breaks in and steals them.

To someone who doesn't understand cryptographic security "Self custody" is often far less safe than leaving it with daddy CZ or the baldyman from coinbase.

[Anonymous No.56649747]

>>56649269
how could anyone be stupid enough to fall for this without checking what these mystery coins that appeared in your wallet are?

[Anonymous No.56649813]

>>56648370
Well, we won't lose privacy since there's the Private Proofs of Innocence fucking euro-tard.

[Anonymous No.56649827]

>>56648474
Stashh wallet

Railway wallet. you are welcome

[Anonymous No.56649833]

>>56648623
What's the flaw with Railgun, Secret Network and Oasis?

[Anonymous No.56649850]

>>56648678
>PPOI.
Based

[Anonymous No.56649858]

>>56648784
The protocol itself wasn't hacked pajeet. Besides, the drain was most likely by an insider.

[Anonymous No.56649905]

>>56649833
Rose is not a privacy coin like monero.. its about data sharing across smart contracts, transaction itself arent anonymous or try to

[Anonymous No.56650002]

>>56649184
no self custody, no thanks

[Anonymous No.56650283]

>>56649905
Railgun bodies that piece of crap Rose with no working product. Just a shitty whitepaper hosted on aws

[Anonymous No.56650310]

>>56647741
wtf wtf wtf wtf wtf wtf wtf wtf wtf wtf wtf wtf!!!!!!!!!!!!1

[Anonymous No.56650459]

>>56648370
>i want government to wipe my ass for me
i guess you dont realize nearly all the people who made billions for their generational wealth made it in the time with no regulations. now that we have the most regulations it is the hardest to make such sums of money. but yeah good luck with your upvotes on redit!

[Anonymous No.56650514]

>>56649665
Fact! why leave 27m in a hot wallet? what happens to a cold wallet, or better still, private wallet. Street shitters be coming to biz after getting hacked.

[Anonymous No.56650559]

>>56649269
lol, so it's like any other attack. Nothing burger

[Anonymous No.56650673]

>>56648716
Railgun?

>>56648734
Fucking retard.

[Anonymous No.56650697]

>>56649031
Exactly the point. All targeted attacks are off the table. pushing attacks are still possible.

[Anonymous No.56650800]

>>56649747

I had found dozens of tokens in my wallet which I had not transferred myself.

Fortunately I researched each one to find out they were scams.

The boomers are massive cunts anyhow, just throwing this in here. They are responsible for the normie scam culture that's been growing over the past 30 years. It's what they wanted for this generation, squeeze the economy dry, jack of the prices of rent, real estate and over all goods, lower the wages, create legislation that would tax new businesses into being unable to operate with any profit.

They wanted to create a generation of desperate, poor criminals so they could have an excuse to increase state and police infrastructure while maintaining the highest wealth and authority positions. It's the same story over and over again, Egypt, Rome and so on.

I once saw an older lady drop several dollars on the ground, I put my foot over one dollar, then picked it up when she left, people around me saw me do this and no one said anything. I kept the dollar.

I really urge everyone to give up your scamming, lying, cheating, stealing habits. It's not worth the grief and unfortunate happenings you will bring upon yourselves.

[Anonymous No.56650845]

>>56649269
That's not a dust attack.

[Anonymous No.56650894]

>>56650283
>Railgun
What's the mcap and where is it trading?

[Anonymous No.56650903]

>>56650800
This is exactly why I only use hot wallets that hide my address.

[Anonymous No.56650908]

>>56650845
What is a dust attack?

[Anonymous No.56650927]

GNOSIS SAFES with 3 LEDGERS as MULTISIG
NEVER BEEN HACKED AND NEVER WILL
MILLIONS ON IT

RETARDS NEED TO BE PURGED

[Anonymous No.56650946]

>>56650845

it sure is, i know about most of the attacks, I'v been around using computers since windows 3.11

https://www.slideshare.net/DhruvThakkar29/netbus-154419788

Instead of trying to fit in with the cult, go and tell people about the truth.

I news for you, none of you 4chan anons will ever dine with "elite" they will do you the same way they did Sam Bankman. When it comes to the gang, there are no "new leaders" or "passing off the torch", it's all a scam perpetuated by the previous generation in authority.

[Anonymous No.56650989]

>>56650283
>>56650894
Its price action is trash and it's shilled by bots a lot here, but has some very talented professionals working for it.

I wouldn't personally invest in it though.

[Anonymous No.56651008]

>>56650927

Exactly, these are not "hacks" it's just people scamming and thieving.

> we got hacked, we can't tell you how, but it was an exploit in the bridge.

kek, they use the bridge to shift the direction of blame away from home.

[Anonymous No.56651017]

>>56648734
>Not only criminals use crypto privacy
>Not only criminals use crypto privacy
>Not only criminals use crypto privacy
>Not only criminals use crypto privacy

[Anonymous No.56651025]

>>56650283
>>56650989

There are other options better than rail gun, I won't say but research and you will find them.

[Anonymous No.56651038]

>>56650908
Dust attack is when someone sends tiny amounts of blacklisted outputs to poison other wallets in the eyes of exchanges and the law.

>>56650946
>go and tell people about the truth.
That's probably just another job the elite want us to do. We get advanced information by 5-10 years and help create the organic spread of ideas to everyone else.

[Anonymous No.56651115]

>>56651025
I'm intimately acquainted with that corner of the industry.

You're only really going to find VC scams and shitcoins as is the case with most of the industry, but there's a decent number of pre-ICO projects to keep an eye on.

I've mostly bowed out of the investing game though.

[Anonymous No.56651127]

>>56648637
Ok senator warren

[Anonymous No.56651479]

>>56650894
Low cap is around $16M

[Anonymous No.56651637]

>>56651025
I don't care about your options, if it ain't ZKP complaint protocol like Railgun, kick that ass out.

[Anonymous No.56651662]

>>56648637
Regulations, surveillance will kill crypto, chads need privacy. The essence of decentralization is freedom cum privacy

[Anonymous No.56651678]

>>56650673
>Railgun?
Based. Its Proof of innocence compliance tools is melting faces

[Anonymous No.56651689]

>>56651038
>Dust attack is when someone sends tiny amounts of blacklisted outputs to poison other wallets in the eyes of exchanges and the law.
To what end? if not what anon described? fucking retard.

[Anonymous No.56651740]

>>56651479
Sounds like a gem

>>56651662
crypto without privacy is garbage.

[Anonymous No.56651751]

the amount of brown-stench posting in this thread is either a false flag or the worst piece of long-term spam for anything ive seen on this board

[Anonymous No.56651843]

>>56651740
Prioritizing your data security is a sure way to prevent scammers from targeting you. With projects like Railgun, you get to keep your crypto activities on Ethereum private and secure.

[Anonymous No.56651896]

>>56650989
That's a smart contract privacy project for DeFi. $17m mcap, but way huge TVL and protocol volume. You sleep on it, you lose.

[Anonymous No.56652012]

>>56651740
Prioritizing your data security is a sure way to prevent scammers from targeting you. With projects like Railgun, you get to keep your crypto activities on Ethereum private and secure.

[Anonymous No.56652440]

>>56650903
I'm good to go with Railway wallet as it gives freedom of decentralization, allowing normies to be discreet with their transaction.

[Anonymous No.56652471]

>>56649905
Fuck Rose, plenty of projects are already dishing out that sweet privacy sauce on Ethereum, anon. Railgun and Aztek? They're the real MVPs in this game, no doubt.

[Anonymous No.56652537]

>>56649827
Smart choice tho, Its privacy system is built directly on-chain to ensure complete privacy without relying on separate L2 validators or custodial bridges which is significant.

[Anonymous No.56652590]

>>56647741
>store of value

[Anonymous No.56653097]

>>56649225
Morons won't want to diversify their funds into different wallets. Not even one ledger is sufficient.

[Anonymous No.56653116]

>>56650894
The mcap is around $17m and it's purchasable on DeFi exchanges like Uniswap.

[Anonymous No.56653125]

>>56650002
No self-cusotdy with a private wallet? plebs don't know what self-custody entails.

[Anonymous No.56653214]

>>56648178
Strengthen your wallet security with Railgun smart contract system and get your ass covered.

[Anonymous No.56653544]

>>56647741
why do they always move it to some other public chain instead of just going into xmr. are they realy that dumb