Igor Delovski Board

[delovski]

hn - Oh, Crap! Someone Accidentally Triggered A Flaw That Locked Up $280 Million In Ethereum

"According to Parity, the vulnerability was triggered by a regular GitHub user,
'devops199,' who allegedly accidentally removed a critical library code from the
source code that turned all multi-sig contracts into a regular wallet address and
made the user its owner."

[delovski]

localethereum.com - Centralised Exchanges Are Terrible At Holding
Your Money: A Timeline of Catastrophes

"When you deposit or purchase cryptocurrency on a centralized exchange,
you don't hold the private key to those cryptocurrencies; instead, you're
trusting the exchange, in the same way that you trust your bank, to hold
on to and keep an accurate record of your balance(s)."

[delovski]

r - Tether was hacked by the same person who hacked Bitstamp in 2015

"Decided to have a look at what we could learn about the Tether hack from
the blockchain, the coins are still moving around so I may edit this later as
this develops."

[Ike]

r - Evidence some bitcoin address generation code is using discoverable private keys

"Nobody should be using Blockchain.info to store any amount of value.
The entire ecosystem needs to shift away from relying on Blockchain.info
for anything at all, including the block explorer itself. There are plenty of
alternatives available."

[delovski]

r - To the Crypto newcomers, just another warning to protect your keys. Address syphoning funds

"We're still trying to determine if he was phished somehow, or if his computer
was hacked - we're not quite sure how it happened, but please make an effort
to keep your keys close to your vest. You could quickly and easily lose every-
thing. Consider getting a hardware wallet, a la ledger Nano S, or Trezor to
more effectively increase your security."

[Ike]

coindesk - Bitcoin Exchange Youbit to Declare Bankruptcy After Hack

"The exchange was previously targeted in April in an attack which South
Korean officials believe was conducted with the support of neighboring
North Korea. Recent reports indicate that intelligence services in South
Korea suspect that North Korea is behind additional attacks against
domestic cryptocurrency exchanges, including market-leader Bithumb."