Live data from Hacker News

Bitcoin trader recovers wallet with help of Claude

tomshardware.com

41–50 of 195 posts

Re: Bitcoin trader recovers wallet with help of Claude

#41
post #9

Many crypto wallets use a key derivation function (KDF) to add an amount of computation (and memory usage) per password tried - to mitigate brute force of weak passwords. The increase in compute (decrease in brute-force cost) combined with price increases in many crypto tokens means brute-forcing old wallets can become worth it years after passwords were forgotten. And of course even smaller, local AI models can now…

how can that possibly work while supporting offline backup & restore?

Re: Bitcoin trader recovers wallet with help of Claude

#42
I was making a long edit in a crappy wiki UI and my browser froze. It would have taken a long time to redo, hours.

I didn't want to take the chance of force closing and losing everything. I used claude code to extract my text out of the browser internals and filesystem objects.

Re: Bitcoin trader recovers wallet with help of Claude

#43
post #19
post #17

Earlier quoted context omitted.

Nice, congrats. What's a time vault?

It's sarcasm. Everyone who had coin in Mt.Gox lost it during a hack. A portion of that was returned to the users who had a loss about a year ago.

Yeah my 100 stolen bitcoins got me a cool $4k check from the settlement. Definitely made whole by that :|

Re: Bitcoin trader recovers wallet with help of Claude

#44
post #36
post #14

I have a similar claude story (much less money though), with the IRS R&D tax credit. The auditing firm initially said we qualify for $0. But then I had claude analyze past R&D reports and our expenses and it found the problem. The auditor had miscategorized our company. So claude drafted an email even pointing to the right Internal Revenue Code (IRS Law), and specify why we fall under a specific category. The auditor…

To be fair regarding taxes it should be that you get all exemptions by default and the other side telling/justifying you why you don't qualify, instead of you not getting the things you should because you're not sure how to interpret the law or don't know this or that rule exists. Taxes shouldn't be that difficult, and the US version of it seems to be behind even the one I have here in europe (where my taxes are done…

Or punishing to those that don’t pay for software and services to the companies that lobby for it to be this way.

Re: Bitcoin trader recovers wallet with help of Claude

#47
post #3

Earlier quoted context omitted.

I'm sure data recovery companies are pretty pissed that slightly esoteric data recovery abilities are becoming more accessible for average software devs. They were charging an arm and a leg to remote in and run scripts.

They still have two important moats: (1) expensive hardware tools (even stuff like SATA write blockers are kind of expensive for what they are), spare hard drive collections to swap failed PCBs, etc and (2) the "nobody got fired for hiring us" edge similar to how everyone calls in Crowdstrike/Mandiant after an incident. If a suit-level manager finds out customer data was lost, they are going to want to call in an exp…

As an aside to #1: The cool thing is in modern times the hardware tools have come down stupidly cheap in price. Even SD card recovery is (vaguely) in the right skilled hands in a pseudo-professional home lab these days.

https://blog.acelab.eu.com/pc-3000-flash-spider-board-adapte...

Re: Bitcoin trader recovers wallet with help of Claude

#48
post #14

I have a similar claude story (much less money though), with the IRS R&D tax credit. The auditing firm initially said we qualify for $0. But then I had claude analyze past R&D reports and our expenses and it found the problem. The auditor had miscategorized our company. So claude drafted an email even pointing to the right Internal Revenue Code (IRS Law), and specify why we fall under a specific category. The auditor…

> So now I joke that even if I have a claude max plan, I've still come out ahead financially.

This is no joke; for better or worse, I see a day when I'm paying a lot more for this and it will be a bargain.

Re: Bitcoin trader recovers wallet with help of Claude

#49
I'm no expert but using an old wallet with a changed password, and it working, seems like a major security design flaw.

In the physical world, I can't imagine too many people being happy that old keys to your house still work even after you've changed the locks.

Can someone more informed, help me understand how this worked and why it's ok.

I'm genuinely wanting to become more informed & better understand.

Post reply on HN