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Hackers Steal $140M from Users of Crypto Gaming Company

• rvz 5y ago
  > The hackers stole the private keys to access 96 wallets, siphoning off 4.5 million PYR You know what I am going to say: Not your private keys, definitely not your coins.
  • phone8675309 5y ago
    I can only see this being an accelerating problem with the recent surge in marketing (at least in the States) of buying crypto, backed by the likes of Tom Brady, Matt Daemon, Megan Thee Stallion, and David Ortiz. Unsophisticated investors unaware of the need to own their own private keys are ripe to be hit by these sorts of things, and I have a feeling the next big hack of the companies selling these schemes is going to leave a lot of unsophisticated customers of these products with nothing. I had to own my private keys back when I was more into crypto because the concept of a crypto exchange was a new (and somewhat laughable) concept. It seems like that is the most common way that people hold crypto now - in a exchange account.
• mensetmanusman 5y ago
  One can think of crypto as people pitching in to find bugs in the software that they hope is perfect.
  • zxqzxq_ 5y ago
    Does this trite phrase apply to crypto software projects with bug bounty programs?
• 1cvmask 5y ago
  Are there now more known hacks than crypto companies? At one point there definitely was more hacks and scams than crypto exchanges.