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Binance's Trust Wallet extension hacked; users lose $7M

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Re: Binance's Trust Wallet extension hacked; users lose $7M

#32
post #2

One of CZ's tweets hints at an insider threat, but Trust Wallet was one of the GitHub organizations pwned by Sha1 Hulud. What are the odds this is a fallout of that?

More or less confirmed: https://trustwallet.com/blog/announcements/trust-wallet-brow...

Re: Binance's Trust Wallet extension hacked; users lose $7M

#35

Earlier quoted context omitted.

> The upside is that your property can't be confiscated by "centralized daddy." Really? Most crypto is not anonymous, it is at best pseudonymous. If a big enough government agency wants your crypto, they will get it.

It can be totally anonymous if you can use a non-KYC exchange way of acquiring it. And then again, you can buy monero or zcash, then buy bitcoin again. I could start up a new open source wallet on an air gapped machine, go to a local bitcoin meetup, and buy bitcoin for cash.

That's for a few dozen people in the world. For the billions that don't do this... It is not anonymous.
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