More / Bitcoin Reddit - 2 days 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 - 2 days 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...
More / Bitcoin Reddit - 2 days 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 - 2 days 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 - 2 days 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 - 2 days 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 - 2 days 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 - 2 days 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 - 2 days 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...
More / Bitcoin Reddit - 2 days ago
Watching old tweets from Cold Card CEO, now you realize how the red flag was out there regarding "entropy". How on earth you make optional a critical step in a product that you admit to not trust even yourself. If you yourself admit t...
More / Bitcoin Reddit - 2 days ago
Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank yo...
More / Bitcoin Reddit - 3 days ago
The long and the short of it is that a developer disabled a compiler flag out of desperation in order to get the code to compile, then committed it with the commit message "runs". Specifically, in C: #define MICROPY_HW_ENABLE_RNG (0) In oth...
More / Bitcoin Reddit - 3 days ago
I had hardware wallets, I have all my BTC on Ledger for a long time. And every time there was a firmware update, I had a heart attack. Every time the software updated and I had to relog in, I panicked. Every time I had to re-download the BTC app, I s...
More / Bitcoin Reddit - 3 days ago
Once again the points of failure are the things around Bitcoin, NOT THE BITCOIN PROTOCOL. First were exchanges, now dumbass human mistakes on hardware wallet makers. What things from now on will become important now that hardware wallets have...
More / Bitcoin Reddit - 3 days ago
I can’t believe how many people leave mean comments, gloating about how they always knew that Bitcoin is a scam, and so on. Seriously, how sad of a life one must live to be happy about the misfortunes of others? Some people have lost important amoun...
More / Bitcoin Reddit - 3 days ago
Hi, Yesterday was one of the worst days of my life. I found out that just over 3 BTC was stolen from me through the Coldcard vulnerability. I know some people think posts like this are fake. Mine isn’t. Real people are getting hurt by these thieves....
More / Bitcoin Reddit - 3 days ago
Ever since Bitmart announced their wind-down, all withdrawals have been frozen or instantly rejected upon submission. Thousands of us are stuck in this mess with zero communication from their end. To make matters worse, they have now completely disab...
More / Bitcoin Reddit - 3 days ago
I mean how many of these rugs pulls do we have to live through? Learned about Bitcoin in 2012 and really got involved in 2015. It's so disheartening to see lives ruined over and over again. submitted by /u/Difficult-Repair1295...