Earlier quoted context omitted.
Probably the Instagram lady that is helping him. These scams are fairly common on IG these days.
probably a trafficked person in Cambodia theyre put in labor camps and do cryptocurrency scams over social media
Exodus Bitcoin Wallet: $490k swindle
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Re: Exodus Bitcoin Wallet: $490k swindle
#92Earlier quoted context omitted.
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You’re arguing with a straw man (or the version of yourself which considered investing in Bitcoin). Nobody presented this argument. Rollbacks? First world users who have excellent financial services are not the target use case. The senior citizens you mention are free to invest using ETFs if they want or should have as little responsibility over the wealth as possible. They could also use a centralized exchange which…
When I first read the bitcoin whitepaper well over a decade ago now, there was none of this detailed segmentation of the target use case, it was just gonna be decentralized digital transactions for everybody.
Fine, I get it, people figured out long ago that it is a more niche thing than that. But can we stop pretending that it has always been obvious that its current niche was always obviously the only one intended and that anything else is a "straw man"?
It really has a ring of "Oceania has always been at war with Eastasia" to me.
Re: Exodus Bitcoin Wallet: $490k swindle
#93Earlier quoted context omitted.
Banks are great, and they will exist in the bitcoin world. The central bank is the problem.
Central banks are the government. And governments define the law we all operate in. And as the crypto industry experiences today they can be vindictive, inconsistent, spurious, aggressive etc. And are highly skilled at resisting efforts to limit their power.
Re: Exodus Bitcoin Wallet: $490k swindle
#94Re: Exodus Bitcoin Wallet: $490k swindle
#95then tried to 'self checkout' the app store
"One of the goals is to automate the whole Snapcraft publishing and review pipeline so there’s fewer (expensive and slow) humans in the loop." (from op article).
automation should not replace human judgement, it should replace human drudgery.
Re: Exodus Bitcoin Wallet: $490k swindle
#96What I don't get about the Snap store is why there's no verified link back to a website? If you have the technical ability to create an app, you probably have the ability to upload something to /.well-known/ or to add a DNS TXT record. That way the Snap store could say "This app came from this website." OK, it doesn't help if someone goes to the trouble of registering a homograph address, but it would at least give n…
Off topic, but I wish /.well-known/ was used more often. Right now, the only real usage for apis is in oauth2. There are dozens of tiny use cases we could use a standard uri for ease of use in corporate environments… .well-known/documentation - redirects to the docs .well-known/health - health check .well-known/specificiation - api contracts Etc…
Re: Exodus Bitcoin Wallet: $490k swindle
#97The strangest part to me is that it shows it as "Safe", based on what? It doesn't seem like any checks were done at all to make sure this was a real app from Exodus.
So we need to be careful with how we interpret "Safe!"
Re: Exodus Bitcoin Wallet: $490k swindle
#98One point I would make: > it connects to some API at https://www.exchangerate-api.com/ This is not necessarily right. The exchangerate-api.com site is hosted behind Cloudflare, so I don't know where it's actually hosted, but the IP addresses shown in bandwhich could be unrelated. You also said: > Visiting one of those IPs redirects to https://www.exchangerate-api.com/ It is common for malicious sites to redirect to l…
Obviously it's upsetting to have our API used by a scammer, but our service couldn't have been involved in this hack beyond fetching a JSON-formatted response of up-to-date exchange rates because that's the only functionality our service/domain provides.
My guess is that the scammer implemented a call to our API to fetch up-to-date exchange rates in order to make their fake wallet seem more plausible & real. Interestingly my API doesn't even support any exchange rates involving cryptocurrencies and so the scammer would have had to additionally integrate with a different API to get something like the up-to-date exchange rate between BTC and USD.
The API is a very simple service - it's just a few endpoints that supply JSON formatted exchange rates over HTTPS. Anyone with an email address can sign up to use the service for free and there are even some totally "open access" endpoints that don't require any authentication. One of these has been used in the GNU `units` converter software for a while.
With regard to proving it's a legitimate service, this is the point where I wish I had made more progress with the landing page update that emphasizes social proof I've been working on recently! The API is used by ICs/teams at hundreds of recognizable companies. There are tens of thousands of free users including some that have used the API consistently for free for over a decade. I guess you could check many instances of the service being archived on the wayback machine? https://web.archive.org/web/20240000000000*/https://www.exch... I'll definitely admit the domain does look a bit odd but back in 2010 when registering it the "Exact Match Domain" bonus was a big factor for SEO. The site has been a top 3 Google result for "exchange rate api" pretty consistently - presumably also how the scammer ended up using the service.
I've used Cloudflare since approx. 2019 and their "cloudflared" tunnel infrastructure since approx. 2021 to secure servers against DDoS.
I'll contact popey to see if we can get more details on the exact path/request they saw being made to our domain and if that leads to any further information or logging from our side.
Re: Exodus Bitcoin Wallet: $490k swindle
#99Earlier quoted context omitted.
You’re arguing with a straw man (or the version of yourself which considered investing in Bitcoin). Nobody presented this argument. Rollbacks? First world users who have excellent financial services are not the target use case. The senior citizens you mention are free to invest using ETFs if they want or should have as little responsibility over the wealth as possible. They could also use a centralized exchange which…
I always feel like this sort of point is gaslighting me. Or, like, arguing from the perspective of like the third reinvention of the pitch for bitcoin. When I first read the bitcoin whitepaper well over a decade ago now, there was none of this detailed segmentation of the target use case, it was just gonna be decentralized digital transactions for everybody. Fine, I get it, people figured out long ago that it is a mo…
The original whitepaper didn’t describe use cases, you’re right. It’s a technical document explaining a solution to the double-spend problem and defines core rules of the network.
The use cases were always something that developed over time. Andreas Antonopoulos was highlighting the key need as those without financial services in 2011-2012.
It sounds like you were convinced this was going to be of direct use to most people in the near future? If so, what resources have you been reading?
It’s worth noting here also that Bitcoin was co-opted by a censorious minority - Theymos and Blockstream - who have maintained an artificially low block size, ostensibly in order to keep a high number of non-mining but full-history nodes. Bitcoin’s competitors such as Ethereum and Monero did not allow a software or discussion forum monoculture and instead have scaling block sizes, and still hard fork to add new scaling features (https://ethresear.ch). This does make them much more useful for small transfers.
Re: Exodus Bitcoin Wallet: $490k swindle
#100On a tangent, my neighbor came to me about a month ago and asked if I was a "hacker"? He's around 75 and has known me for maybe 20 years, we're not close friends but we run into each other every now and then and he knows I work with IT; I'm about half his age. Long story short, I find out he needs help to retrieve his bitcoin wallet because he's lost $300k. I spend an hour looking around his devices and find out he's…
who the fuck told this poor guy about bitcoin, tell him to invest his money in some stocks, he will be taxed but wont be fucked.