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Akamai to Acquire Linode

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Re: Akamai to Acquire Linode

#61

Post by tempnow987 »

Scoundreller wrote: post #45
tempnow987 wrote: post #20

I had a sour taste from what I remember being misleading communication around very serious control plane hacks of linode. A lot of bitcoin theft in 2012 (maybe by their own staff?) 2013 some kind of cold fusion / HTP hack Another CF / HTP hack here. 2014 brought the MySQL server no password stuff. 2015 ish some kind of total root compromise? You can get a feel for all this here including the denials / lack of notific…

A 2012 Bitcoin hack victim was none other than a lead developer of Bitcoin. Back then, they ran a Bitcoin faucet on it that gave out a paltry 0.25 Bitcoin at a time. I never bothered to jump through those hoops for like a dollar (now about US$10k): http://gavintech.blogspot.com/2012/03/bitcoin-faucet-hacked.... He only lost 5 bitcoin (like $20 then or $200k today), but another lost 3100, or around… $124 million today…

Wow, that some major root level compromise at linode. It's interesting how quiet they kept these things in those days.

Re: Akamai to Acquire Linode

#62

Post by dsl »

glofish wrote: post #56
Scoundreller wrote: post #45

Earlier quoted context omitted.

A 2012 Bitcoin hack victim was none other than a lead developer of Bitcoin. Back then, they ran a Bitcoin faucet on it that gave out a paltry 0.25 Bitcoin at a time. I never bothered to jump through those hoops for like a dollar (now about US$10k): http://gavintech.blogspot.com/2012/03/bitcoin-faucet-hacked.... He only lost 5 bitcoin (like $20 then or $200k today), but another lost 3100, or around… $124 million today…

somebody please explain to me how is it possible that the owner reports losing $124 million, then they casually mention in the reply that: no problem, I'll just cover it with my own money ... (another recent story on ether hack had the same "resolution" the organization just chose to replaced the losses) ... where is that money coming from? does not seem real

Because back then the price of bitcoin was much lower. It is $124 million in today dollars, like $1,000 in back then dollars.

Re: Akamai to Acquire Linode

#64

Post by Scoundreller »

glofish wrote: post #56
Scoundreller wrote: post #45

Earlier quoted context omitted.

A 2012 Bitcoin hack victim was none other than a lead developer of Bitcoin. Back then, they ran a Bitcoin faucet on it that gave out a paltry 0.25 Bitcoin at a time. I never bothered to jump through those hoops for like a dollar (now about US$10k): http://gavintech.blogspot.com/2012/03/bitcoin-faucet-hacked.... He only lost 5 bitcoin (like $20 then or $200k today), but another lost 3100, or around… $124 million today…

somebody please explain to me how is it possible that the owner reports losing $124 million, then they casually mention in the reply that: no problem, I'll just cover it with my own money ... (another recent story on ether hack had the same "resolution" the organization just chose to replaced the losses) ... where is that money coming from? does not seem real

That’s what it would be worth now. Was worth like 1/10000th of that back then. They probably covered it with their previously earned holdings that could have been another fraction of that.

Re: Akamai to Acquire Linode

#65

Post by saghm »

glofish wrote: post #56
Scoundreller wrote: post #45

Earlier quoted context omitted.

A 2012 Bitcoin hack victim was none other than a lead developer of Bitcoin. Back then, they ran a Bitcoin faucet on it that gave out a paltry 0.25 Bitcoin at a time. I never bothered to jump through those hoops for like a dollar (now about US$10k): http://gavintech.blogspot.com/2012/03/bitcoin-faucet-hacked.... He only lost 5 bitcoin (like $20 then or $200k today), but another lost 3100, or around… $124 million today…

somebody please explain to me how is it possible that the owner reports losing $124 million, then they casually mention in the reply that: no problem, I'll just cover it with my own money ... (another recent story on ether hack had the same "resolution" the organization just chose to replaced the losses) ... where is that money coming from? does not seem real

I imagine they repaid the value of the bitcoins at the time, which would have been a lot less

Re: Akamai to Acquire Linode

#66

Post by recuter »

chairmanwow1 wrote: post #44
dsl wrote: post #17

I think this is Akamai figuring out they need to address the self-serve market. Akamai has 6x the edge network footprint of Cloudflare and has all the cool trendy stuff like edge workers, they just suck at selling to the developer.

They explicitly choose not to sell to the developer. They want big fish customers. This is why I can’t find pricing on their homepage.

One could reasonably conclude that they will start doing this soon under their newly acquired Linode subsidiary.

Re: Akamai to Acquire Linode

#67

Post by [deleted] »

glofish wrote: post #56
Scoundreller wrote: post #45

Earlier quoted context omitted.

A 2012 Bitcoin hack victim was none other than a lead developer of Bitcoin. Back then, they ran a Bitcoin faucet on it that gave out a paltry 0.25 Bitcoin at a time. I never bothered to jump through those hoops for like a dollar (now about US$10k): http://gavintech.blogspot.com/2012/03/bitcoin-faucet-hacked.... He only lost 5 bitcoin (like $20 then or $200k today), but another lost 3100, or around… $124 million today…

somebody please explain to me how is it possible that the owner reports losing $124 million, then they casually mention in the reply that: no problem, I'll just cover it with my own money ... (another recent story on ether hack had the same "resolution" the organization just chose to replaced the losses) ... where is that money coming from? does not seem real

[deleted]

Re: Akamai to Acquire Linode

#68

Post by technofiend »

systemvoltage wrote: post #28
kodah wrote: post #11

How does DigitalOcean compare to Linode these days? One thing I noticed off the bat is that Linode still offers phone and email support, versus just a ticketing system interface.

I wonder if Cloudflare is thinking about acquiring DO to round up their next-gen cloud. DO's UI has gone downhill since 2017. It is so bloated and large. Used to be very compact. Folks from Cloudflare if you're reading this - please keep your UI compact. Your main UI (Dashboard) looks more compact that the docs[1] which are too sparse and terrible for developers who are not average consumers. They can handle the comp…

Their website is more complex, but they offer many more services than before. Not sure what else they could to do streamline things? Prices have gone up a bit as well, but to be expected to a certain degree. Still, I like them for their fixed pricing and no surprise bills at the end of the month. My only complaint is they have a tendency to kill some processes with no warning and no ticket. I'd be fine if they created a ticket to say "Hey, we're killing this process because we're not sure you want to run it, if you do click here to add it to an exclusion list" rather than silently killing it.

Re: Akamai to Acquire Linode

#69

Post by fomine3 »

dsl wrote: post #17

I think this is Akamai figuring out they need to address the self-serve market. Akamai has 6x the edge network footprint of Cloudflare and has all the cool trendy stuff like edge workers, they just suck at selling to the developer.

They should just expand their services to individual/small business

Re: Akamai to Acquire Linode

#70

Post by stanislavb »

lukeqsee wrote: post #3

Really happy for Linode. I cannot say enough good things about the quality of their products and support. As a customer who's built significant value on their infrastructure, I'm a little bit worried about the impact this acquisition will have on their operations. I really hope it gives them the resources to improve on the same mission, and not the beginning of significant change!

As a long time Linode user, and I've given a try to others as well ... e.g. Digital Ocean, Linode's been my infrastructure choice for many many years.
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