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Bitcoin itself wasn't hacked. They stole the keys from a server most likely. I don't think it's possible to harden a modern OS against some potential hacker on
by 0x54D5 7y ago
Bitcoin itself wasn't hacked. They stole the keys from a server most likely.
I don't think it's possible to harden a modern OS against some potential hacker on the internet. Especially when we know that 0-days are sold and traded. So the idea of putting $41m worth of Bitcoin in a single wallet is frankly frighting to me. We saw what happens with pwn2own. Now scale that up a few million USDs.
- repomies68 7y agoWell if 7000 stolen from hot wallet is something like 2% of assets and rest is in cold storage, then the risk is manageable. However I agree that 7000 BTC is a lot even if you are running a huge exchange.