News for hackers. Stuff that matters.

A comment on 92,857 BTC (1,092,603,630 USD) transferred from unknown wallet to unknown wallet.

Re:92,857 BTC (1,092,603,630 USD) transferred from unknown w... by jtsiskin on Thursday August 06, 2020 @04:18PM (#24075014)
A billion dollars controlled by a single private key. Makes me nervous to even think about. I wonder how it’s sharded/backed up/secured.

It’s worth it for an attacker to spend a million dollars for a 0.1% chance of stealing access.

[ Parent | on HN ]
Re:92,857 BTC (1,092,603,630 USD) transferred from unknown w... by dkdk8283 on Thursday August 06, 2020 @06:58PM (#24076306)
A company I know of uses modified laptops across multiple locations and each one has a shard of the key.

Chipsets are removed. Disabling all USB / bluetooth / ethernet / sound / etc. I dont recall the exact details but apparently there is a market for devices like this.

[ Parent | on HN ]