Earlier quoted context omitted.
"We're not run by idiots"?
That doesn't explain listing Bitcoin Cash (Bcash) - an altcoin that shares its mining algorithm with Bitcoin but only has a very small amount of hash rate backing it. Any small Bitcoin miner can decide at any moment to switch to mining Bitcoin Cash and cause block reorgs or mine blocks with no transactions at all. A similar event actually happened with another asset they offer - Ethereum Classic. https://cointelegrap…
Coinbase: Responding to Firefox 0-days in the wild
51–60 of 97 posts
Re: Coinbase: Responding to Firefox 0-days in the wild
#52Re: Coinbase: Responding to Firefox 0-days in the wild
#53Earlier quoted context omitted.
Given how quickly coinbase managed to respond to an advanced attacker I think they know what they're doing. Insider threat is also really difficult. Working from a point of "I don't trust my employees" is very painful for many reasons.
> Working from a point of "I don't trust my employees" is very painful for many reasons. It’s probably the hardest problem to solve in general, but it’s exactly what a well designed separation of duties is supposed to address.
Re: Coinbase: Responding to Firefox 0-days in the wild
#54Earlier quoted context omitted.
Huh, I would've thought that since people will pay over 300 usd for one Bitcoin Cash coin (according to 3 web sites I just sampled), there would always be plenty of miners competing for them.
BCH is and will be mined proportionately to its price; since its price is far lower than BTC it also has far lower security.
And please keep in mind the context of my first comment: I was replying to the assertion that the mere fact that Coinbase continues to let its customers trade in BCH is evidence that Coinbase is run by idiots.
Re: Coinbase: Responding to Firefox 0-days in the wild
#55Does it a help in this case if one runs the browser in a sandbox? E.g. in docker? They can then break out from the browser, but only get to docker with that exploit, and it's unlikely they have a docker exploit too at hand, is it?
As I understand it, Docker isn't intended to be, and shouldn't be relied on as, a security sandbox. It creates boundaries, but, like a typical suburban garden fence, they aren't hardened security boundaries.
Now breaking out of a docker container with --privileged or even just CAP_SYS_ADMIN is much easier.
Re: Coinbase: Responding to Firefox 0-days in the wild
#56Does it a help in this case if one runs the browser in a sandbox? E.g. in docker? They can then break out from the browser, but only get to docker with that exploit, and it's unlikely they have a docker exploit too at hand, is it?
As I understand it, Docker isn't intended to be, and shouldn't be relied on as, a security sandbox. It creates boundaries, but, like a typical suburban garden fence, they aren't hardened security boundaries.
Basically what I'm saying is, it's very much a security boundary. It's far from a decorative fence.
Re: Coinbase: Responding to Firefox 0-days in the wild
#57Earlier quoted context omitted.
> Working from a point of "I don't trust my employees" is very painful for many reasons. It’s probably the hardest problem to solve in general, but it’s exactly what a well designed separation of duties is supposed to address.
I have never even heard of an internal site-wide pentest that failed.
Re: Coinbase: Responding to Firefox 0-days in the wild
#58Earlier quoted context omitted.
To follow through on that though, what makes you think that would be anything noticeable? Suddenly a coinbase employee buys a cool car or other new toy... So what? Nobody would think that was exceptional.
I think this is why investigations require low levels of evidence to start, but high levels of evidence to end. Just because it isn’t exceptional doesn’t mean that it isn’t worth looking into. People who are greedy are impulsive and are unlikely to hide an inflow of cash.
Re: Coinbase: Responding to Firefox 0-days in the wild
#59Earlier quoted context omitted.
That doesn't explain listing Bitcoin Cash (Bcash) - an altcoin that shares its mining algorithm with Bitcoin but only has a very small amount of hash rate backing it. Any small Bitcoin miner can decide at any moment to switch to mining Bitcoin Cash and cause block reorgs or mine blocks with no transactions at all. A similar event actually happened with another asset they offer - Ethereum Classic. https://cointelegrap…
Much of this is because of forks - since they offered Bitcoin before the BCH fork (and presumably ETH before the ETC fork), all of their customers who owned one of these before the fork also own the new currency. So they have to support custody for the currencies anyway (unless they want to deal with angry customers saying "What happened to my BCH! Rightfully I own it"), and if they don't support trading they'll get…
Re: Coinbase: Responding to Firefox 0-days in the wild
#60Earlier quoted context omitted.
As I understand it, Docker isn't intended to be, and shouldn't be relied on as, a security sandbox. It creates boundaries, but, like a typical suburban garden fence, they aren't hardened security boundaries.
Breaking out of a docker container with default settings is hard. You would be making the headlines if you could do so. Now breaking out of a docker container with --privileged or even just CAP_SYS_ADMIN is much easier.
Docker does do a decent job of setting some sensible defaults - but it isn't a security sandbox and they don't market it as such.
[0] https://blog.dragonsector.pl/2019/02/cve-2019-5736-escape-fr...