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121 sats \ 0 replies \ @02cfd5f452 10 Mar \ on: Sunday Survey: At what BTC price will you have FU money? bitcoin
USD is not a suitable unit of account to answer the FU money question
Prime Trust was a custodian that acted as the backend for several exchanges and apps. The company was a “qualified custodian” regulated by the State of Nevada.
[They lost their keys]
Fortress Trust was a subsidiary of Fortress and was also licensed in the state of Nevada. While there are some similarities between Fortress Trust and Prime Trust, the two were separate companies and were compromised in different ways.
[Their hot wallet got hacked]
Since bitcoin is programmable money, reversibility can be built in the future if needed (think a merchant advertising that payments to them are reversible through your bank (or more likely via some other trusted third party) if needed as a way to gain your confidence).
Has anyone feedback from using a framework laptop ? https://frame.work/
Extract from article:
The estimated cost of the attack was about 285 USD. We broke 762 unique wallets. All of these had a zero balance. Interestingly enough, we could break all these wallets, not because of a linear or quadratic recurrence but because there was at least one repeated nonce in the signatures. So, it looks like the common mishap of ECDSA implementations using a repeated nonce was the cause of trouble.
GENESIS