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Researchers cracked an 11-year-old password to a $3M crypto wallet

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Re: Researchers cracked an 11-year-old password to a $3M crypto wallet

#121

Post by ashconnor »

arp242 wrote: post #13

So Roboform has almost certainly thousands (of not millions) of users with weak passwords, and not only didn't they tell anyone, all they give is a shrug when asked about it. What a bunch of bozos.

It was in the changelog.

Anyway the major benefit of using a password manager isn't generating difficult to guess passwords.

It's being able to generate unique passwords so when you're details end up on https://haveibeenpwned.com people can't take the password that's leaked and try it on all the other services you've used.

Re: Researchers cracked an 11-year-old password to a $3M crypto wallet

#122

Post by ryan_lane »

solumunus wrote: post #110
bandushrew wrote: post #83

Earlier quoted context omitted.

Except that you cant, in a practical sense. I can sell crypto to anyone, anywhere. That cannot be used to purchase anything, anywhere. Its only useful for a very narrow subset.

It can be exchanged for other currencies.

Which requires KYC in most places, and then you're going to start getting asked about the source of those funds. You'll also need to claim it on taxes, which if lied about will cause additional issues.

So, yeah, the "no questions asked" part is wrong. You can send money to anyone on earth, after a middleman takes a cut on your fiat exchange, the transfer, and the next fiat exchange, with questions asked, public for the world to see.

Re: Researchers cracked an 11-year-old password to a $3M crypto wallet

#123

Post by pajko »

dylan604 wrote: post #85
currymj wrote: post #75

Earlier quoted context omitted.

“Hackers” is interesting because there’s two depictions of hacking in the same movie. One is flying through the holographic city of files. The other depiction is quite realistic: they show the protagonist spending all night reading through many pages of assembly to reverse engineer a virus, people do social engineering, etc. “Hackers” made this seem cool too!

"Sneakers" - 1992 "Hackers" - 1995 Sneakers had them going through the trash, setting up a mark on a fake date, and staking out a building and the security company it used with all sorts of stuff not once looking at a computer screen to "hack" three years earlier. I like Hackers for the campy side of things, but Sneakers will still take a higher spot on my list.

"Matrix" - 1999

That ssh exploit was so cool...

Re: Researchers cracked an 11-year-old password to a $3M crypto wallet

#124

Post by latentsea »

dylan604 wrote: post #85
currymj wrote: post #75

Earlier quoted context omitted.

“Hackers” is interesting because there’s two depictions of hacking in the same movie. One is flying through the holographic city of files. The other depiction is quite realistic: they show the protagonist spending all night reading through many pages of assembly to reverse engineer a virus, people do social engineering, etc. “Hackers” made this seem cool too!

"Sneakers" - 1992 "Hackers" - 1995 Sneakers had them going through the trash, setting up a mark on a fake date, and staking out a building and the security company it used with all sorts of stuff not once looking at a computer screen to "hack" three years earlier. I like Hackers for the campy side of things, but Sneakers will still take a higher spot on my list.

Hack the planet!

Re: Researchers cracked an 11-year-old password to a $3M crypto wallet

#125

Post by latentsea »

brightball wrote: post #48
ColinWright wrote: post #45

Earlier quoted context omitted.

The original saying is: "For the love of money is the root of all evil: ..." -- 1 Timothy, 6:10 It's not the money that is evil, it is the things we do because of the desire we have for it.

Yep, greed. Further correction though, it actually says “the love of money is the root of all kinds of evil.” If you really go down the rabbit hole, pride is probably the root of all evil. It’s certainly the root of greed.

At the root of all that is premature optimization.

Re: Researchers cracked an 11-year-old password to a $3M crypto wallet

#126

Post by joquarky »

massysett wrote: post #65
malshe wrote: post #3

> Michael says he was lucky that he lost the password years ago because, otherwise, he would have sold off the bitcoin when it was worth $40,000 a coin and missed out on a greater fortune. This is so true for stocks too

Is it true if you had Apple stock, or Amazon? Yes. Unfortunately others owned Sears Roebuck, or Enron.

Hey, Kodak was a safe bet.

Who could have guessed they'd pass on digital even though they practically invented it.

Re: Researchers cracked an 11-year-old password to a $3M crypto wallet

#128

Post by [deleted] »

INTPenis wrote: post #24
malshe wrote: post #3

> Michael says he was lucky that he lost the password years ago because, otherwise, he would have sold off the bitcoin when it was worth $40,000 a coin and missed out on a greater fortune. This is so true for stocks too

Yes but stocks are usually tied to a business producing some sort of service that people want, and therefore have value. Crypto is tied to, checks notes nothing.

[deleted]

Re: Researchers cracked an 11-year-old password to a $3M crypto wallet

#129

Post by stouset »

malshe wrote: post #3

> Michael says he was lucky that he lost the password years ago because, otherwise, he would have sold off the bitcoin when it was worth $40,000 a coin and missed out on a greater fortune. This is so true for stocks too

Set up monthly purchases of index funds into a Roth and a 401(k). Forget about them and learn to completely ignore financial news.

Re: Researchers cracked an 11-year-old password to a $3M crypto wallet

#130

Post by BLKNSLVR »

tempestn wrote: post #120
BLKNSLVR wrote: post #46

Earlier quoted context omitted.

FYI he's not gambling the bitcoin, he's holding onto it, and given it's history, which is the sub-story, it seems to be the smart thing to do not the risky/ dumb thing to do, especially in the current stage of the cycle.

It is possible to sell less than all of the bitcoin.

He did sell some.

Michael waited until it rose to $62,000 per coin and sold some of it. He now has 30 BTC, now worth $3 million, and is waiting for the value to rise to $100,000 per coin.

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