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81 sats \ 0 replies \ @BITC0IN 12 Nov 2023
so tragic and unnecessary.
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142 sats \ 1 reply \ @orthwyrm 12 Nov 2023
I like to think that most of these stories are boating accident bluffs. Because if not, eesh.
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0 sats \ 0 replies \ @nemo 12 Nov 2023
deleted by author
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21 sats \ 4 replies \ @shyfire 12 Nov 2023
Having a wallet passphrase NOT stored next to the seed phrase in the password manager would have fixed this
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0 sats \ 3 replies \ @theinstagibbs 12 Nov 2023
Unlikely unless it's a very difficult one. Attacker has lots of information thanks to leak, they're likely to put some gpus to work to crack it.
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0 sats \ 2 replies \ @shyfire 12 Nov 2023
A good hardware wallet makes it easy to enter a very difficult passphrase which would take years / decades to crack
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0 sats \ 1 reply \ @theinstagibbs 13 Nov 2023
You're basically writing your own seed phrase at that point, why bother
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0 sats \ 0 replies \ @shyfire 13 Nov 2023
Huh? No. Seed phrase and pass phrase serve two totally different functions.
If you mint your seed phrase onto a seed plate, that is a single point of compromise. A sufficiently complex passphrase on top of that creates layered security.
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0 sats \ 0 replies \ @Danny_stacks_sats 12 Nov 2023
Is it possible that the random number generator used to construct the seed phrase was the real problem?
Hacking seems more difficult to believe.
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0 sats \ 0 replies \ @TheBTCManual 12 Nov 2023
Whenever I see stories like this It immediately makes me go check on my set up and ensure my stack is still there, thats several boating accidents worth of coin, wonder why he didn't at least spread it around and use different storage methods
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0 sats \ 1 reply \ @fiatdenier 12 Nov 2023
I hope he bought the 25 BTC for cheap. Totally dumb to put the seedphrase online 🤦🏼♀️
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0 sats \ 0 replies \ @nemo 12 Nov 2023
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0 sats \ 1 reply \ @theinstagibbs 12 Nov 2023
How wasn't he sweating bullets all those years
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21 sats \ 0 replies \ @TheBTCManual 12 Nov 2023
Exactly, how is it only a problem now thats its lost, it was the problem the moment he funded that wallet
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0 sats \ 0 replies \ @nitter 11 Nov 2023
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0 sats \ 1 reply \ @nostrkey 12 Nov 2023
said he had it stored on self-hosted keepass
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0 sats \ 0 replies \ @ryu 12 Nov 2023
Makes that even worse then, as poor security practices may have unintentionally been utilized.
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