Somewhat related question. Anyone else using a crypto wallet as a way to detect intrusion?
Binance's Trust Wallet extension hacked; users lose $7M
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Re: Binance's Trust Wallet extension hacked; users lose $7M
#32One 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?
Re: Binance's Trust Wallet extension hacked; users lose $7M
#33I'm sure users lost more than $7M over the last few weeks just by holding Bitcoin.
Re: Binance's Trust Wallet extension hacked; users lose $7M
#34Re: Binance's Trust Wallet extension hacked; users lose $7M
#35Earlier 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.