Live data from Hacker News

Cryptocurrency YouTuber Ian Balina hacked out of $2M during a livestream

thenextweb.com

11–20 of 43 posts

Re: Cryptocurrency YouTuber Ian Balina hacked out of $2M during a livestream

#11
post #9

Keys kept in plaintext on Evernote.

From the article: "I kept text versions of my private keys stored in my Evernote, as encrypted text files with passwords."

Don't worry he encrypted them with a winzip password

Re: Cryptocurrency YouTuber Ian Balina hacked out of $2M during a livestream

#12
post #11

Earlier quoted context omitted.

From the article: "I kept text versions of my private keys stored in my Evernote, as encrypted text files with passwords."

Don't worry he encrypted them with a winzip password

I used GnuPG, is that good enough (assuming a 16 char random password)?

Re: Cryptocurrency YouTuber Ian Balina hacked out of $2M during a livestream

#13
post #12
post #11

Earlier quoted context omitted.

Don't worry he encrypted them with a winzip password

I used GnuPG, is that good enough (assuming a 16 char random password)?

If it's just a random string, how do you store your password?

Re: Cryptocurrency YouTuber Ian Balina hacked out of $2M during a livestream

#15
post #12
post #11

Earlier quoted context omitted.

Don't worry he encrypted them with a winzip password

I used GnuPG, is that good enough (assuming a 16 char random password)?

If you have a lot of money in your cryptocurrency wallet you should at least consider using a hardware GnuPG "smartcard" like nitrokey or yubikey. This way even if they get your passphrase they still need access to your hardware token (and vice-versa). There are also hardware wallets specifically meant for cryptocurrencies which I suppose have the advantage of not requiring you to decrypt your wallet on your drive before you make a transaction.

Re: Cryptocurrency YouTuber Ian Balina hacked out of $2M during a livestream

#16
post #5

Earlier quoted context omitted.

The time stamps of the purported transfer took place during his livestream so the headline ("during a livestream") is correct

Yes, understood, but it seemed to me like an irrelevant and misleading detail, as if he accidentally revealed his passwords or some other security detail on camera.

I thought the same, but it's still a bit of a "funny" fact

Re: Cryptocurrency YouTuber Ian Balina hacked out of $2M during a livestream

#17
At the risk of sounding pedantic, can we not use the term crypto for cryptocurrency or blockchain related stuff?

Crypto already has a well defined meaning that is in common use, which is related to cryptography, not cryptocurrency.

Edit: Post title was changed to use the full word "cryptocurrency", great :)

Re: Cryptocurrency YouTuber Ian Balina hacked out of $2M during a livestream

#18
post #5

Earlier quoted context omitted.

The time stamps of the purported transfer took place during his livestream so the headline ("during a livestream") is correct

Yes, understood, but it seemed to me like an irrelevant and misleading detail, as if he accidentally revealed his passwords or some other security detail on camera.

Assuming he ever types his passwords, and you can hear the key-clicks in the audio track, he did.

Re: Cryptocurrency YouTuber Ian Balina hacked out of $2M during a livestream

#19
I think its an exit scam. He will not be able to sell coins without upsetting his following, because he sells and then announced it on his channels. This will be followed a major dump and his followers will lose significant value during this dump.

Perfect cover up to liquidate his assets while covering his ass. No person seriously into crypto (especially with his amounts) does not keep it in a hardware wallet.

Re: Cryptocurrency YouTuber Ian Balina hacked out of $2M during a livestream

#20

I think its an exit scam. He will not be able to sell coins without upsetting his following, because he sells and then announced it on his channels. This will be followed a major dump and his followers will lose significant value during this dump. Perfect cover up to liquidate his assets while covering his ass. No person seriously into crypto (especially with his amounts) does not keep it in a hardware wallet.

Back in my day when we made wallets on air-blocked computers, that had the single purpose of just generating wallets.

Not sure if I would trust hardware wallets//online wallets in the same way.

The other benefit to this is if you misplace a wallet, and find it years later it’s like finding cash in your dress pants you don’t really wear all the time.

Post reply on HN