I think TimeLock(BIP65) and Multisig address is a good solution to the key management problem.
The latest BitKey3.0.0 implements 2-of-2 Multisig-TimeLock script/address, anyone wants to test this feature?
https://itunes.apple.com/us/app/bitkey-bitcoin-wallet/id898643317
https://medium.com/bitkey-blog/bitkey-s-multisig-timelock-address-22ff41c1b017
Now the app only supports iPhone and cooperate with Mac to sign the multi-signature transaction.
If anyone wants to use this feature, you can contact.
Any feedback would be appreciated.
Topic: 7 crypto markets and 158 wallets were hacked (Read 460 times)
I found this article https://news.bitcoin.com/crypto-exchanges-wallets-hacked-korea/ this incident happened in the South Korean country, but I did not find 7 markets that were hit, were there any more detailed news ?
in my opinion, this article seems untrustworthy. Do not care much about it.
Exchanges are hacked all the time and wallets too . During the time when nebylo digital currency people robbed banks so I think that we will always be not safe but try to solve the problem zhto will always be !
This is a normal phenomenon for the cryptocurrency market and it seems to me that this problem needs to be solved as soon as possible because so many people lost their money because of fraudsters
Thanks for sharing this article. It is really useful for me because I have never thought of this seriously. I know that it is difficult to protect coins but i think that it is still possible if knowing the peculiarities of each one
It's quite unfortunate that some exchanges aren't that secured to hold your assets due to the fear of loosing them to hackers. Hoping that full.decentralization is embraced so that such incidence can be reduced if not total stoppage.
When not getting infected with ransomware demanding payment for a key paid in Bitcoins I get black mail threats about myself being caught peddle and cranking
whilst watching internet porn and my PC's camera was hacked to record the event but if I pay $7,000 using BTC then my dignity will be saved, not that I ever take the
black tape off my PC's camera, thanks to Microsoft spyware.
Now we get all this so called hacking (miners I bet, part of backdoor development team) which means that Bitcoin is more trouble than it's worth
to most people and in many cases mining code has been hidden by wallets on their machines to burn up CPU power and waste the network.
Must be Putin (Works for Israel he does) and them Russian hacker again it must be.
whilst watching internet porn and my PC's camera was hacked to record the event but if I pay $7,000 using BTC then my dignity will be saved, not that I ever take the
black tape off my PC's camera, thanks to Microsoft spyware.
Now we get all this so called hacking (miners I bet, part of backdoor development team) which means that Bitcoin is more trouble than it's worth
to most people and in many cases mining code has been hidden by wallets on their machines to burn up CPU power and waste the network.
Must be Putin (Works for Israel he does) and them Russian hacker again it must be.
As I understand it, the simplest technology is to transfer fake updates. They sent me of more than 40 fake updates for Linux Mint 18.
If the news are true then it will spread out widely.
But i think this is just a release to threaten people.
The fall is a planted disaster i think together with some forh on BCH.
we will see a good side in just a few days!
But i think this is just a release to threaten people.
The fall is a planted disaster i think together with some forh on BCH.
we will see a good side in just a few days!
I think this is only fake news, because I have tried to find it on a lot of news media there is no news like that, so don't worry too much to keep calm because there are now a lot of fake news.
Please read my post again (post 25) and try to understand it, this is not fake news and you are just bad to use search engine or to understand basic things. It did not happen at once, but in a period of three years from 2016 to 2018 and it includes 7 exchanges. It is unbelievable that people are writing such stupid posts without any intention to read what's it all about.
Real news or not we should be very carefull with the hackers. Secure our wallet and dont let hackers to know your private keys. Double check your accounts not to easily reached by hackers and dont just go yo any phising sites or any doubted sites that looks like an original site but it is actually a fraud.
after bithumb, does Korea not change its security system? should be able to gain the trust of all people in the world, the Korean government also helps protect funds from users around the world, which are stored in exchanger from Korea
I really don't want to hear news like the 2nd version of Bithumb Hacked
I really don't want to hear news like the 2nd version of Bithumb Hacked
I think this is only fake news, because I have tried to find it on a lot of news media there is no news like that, so don't worry too much to keep calm because there are now a lot of fake news.
No need to worry, your assets will not be lost in the wallet if you do not deploy and protect your private key safely. the phenomenon of hacking into the market and some wallets will only have a slight effect on crypto market prices, not significant enough, because they are also market owners who may not be silent, maybe even one minute after the hacking, their IT experts will immediately take further security measures.
I found this article https://news.bitcoin.com/crypto-exchanges-wallets-hacked-korea/ this incident happened in the South Korean country, but I did not find 7 markets that were hit, were there any more detailed news ?
It is sad that even in this bear market, cryptocurrency exchanges has been hacked. Of course it will make the market worse by dumping the hacked coins.
The holders of the coins must learn more about how to secure their wallet, especially the exchange owner.
If there are no wallets hacked, the dump of the coins in this bear market can be reduced.
This is a false news with nothing to worry.I have searched in almost all the news podium but haven't found anything.
is this the incident that makes the price of bitcoin and other cryptocurrnecy dropping? or not? if yes i think the news is come from octobe and right now is the end of the november
This news has nothing to do with the current situation, it is the result of a three-year period research in South Korea related with domestic crypto exchange hacking.
is this the incident that makes the price of bitcoin and other cryptocurrnecy dropping? or not? if yes i think the news is come from octobe and right now is the end of the november
It is quite unfortunate if the news is really true. I believe the activities of hackers really have a negative effect on how investors perceive the crypto market and this is really affecting the world of crypto. The hackers are around us, it's hard time we take security tips seriously so we don't become victims of attacks.
It could be those low volume new exchanges that just finished their ico. Not really surprised as some don't enforce 2fa which makes it easier to hack.
I found this article https://news.bitcoin.com/crypto-exchanges-wallets-hacked-korea/ this incident happened in the South Korean country, but I did not find 7 markets that were hit, were there any more detailed news ?
True or not, if you don't hold the private keys to your Bitcoin then you don't own your bitcoin. And it's also not a good idea to keep coins lying around on an exchange unless you are actively trading. Anyone remember Cryptsy? That guy absconded with millions.
So why need to leave money in exchange when you can tranfer back to the wallet after every trading to prevent from being victims
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