Other Coins - Price & Trading topic

The hackers left $4.4 mln on a CEX, that is how the FBI was able to confiscate part of the bitcoins.

I saw the rumor but has it been confirmed?
@Dimitar is going to ride that horse to the moon :grin:

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I read it in a news article earlier today, but i dont remember where.

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There is no way any of this is legit. The hackers were smart enough to break the security of the largest oil pipeline on the east coast but had them send the ransom to a CEX or custodial wallet? No chance. Another ploy by the American govt to try to scare people off crypto.

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I wouldn’t be surprised if you were right

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That ransomware attack could be as simple as buying the ransomware on a black hat forum or something and then emailing it some employee.

Still, you’d think they wouldn’t try to sell the coins on a US-based exchange.

Next ransom will be paid in Monero. Unfortunatelly we are likely going to see legal actions agains private crypto this year. Ransomware business is growing exponentionally. Number of monero transactions is skyrocketing this year. This will have impact on all private crypto.

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Doesn’t matter anymore there are atomic swaps now.

Servers were seized. Something for wouldn’t happen on safe thread?

Edit: Can someone explain how that gives them the btc in layman’s terms though.

Where does the private key come into play here?
How do you take control of the coins without the key if you get the server.

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The coins they are talking about were used to pay affiliates. So it was likely a hot wallet, with private keys on those servers. USA likely traced the attack to those servers, forced hosting provider to give them access and block access to original owners. So not a big deal, bitcoin was not hacked:)

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Seems a very silly mistake by what are presumably otherwise smart people.
Keeping most of it in a hot wallet is about as dumb as it gets.

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Sia is under DDOS. https://mobile.twitter.com/SiaStats/status/1401198314159280129?s=19

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I work in industrial control systems and you would be surprised how ridiculously insecure many industrial sites are. Just plug it into that switch and it will be right mentality has persisted for the last twenty years.

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Has anyone here any experience with DERO coin? In short smart contract, anonymous everything, started as monero tech, then rewritten and improved a lot. Low market cap, under radar. Smartcontracts on testnet, Mainnet launch in Q3 2021. I am long term holding except BTC only anonymous coins, and anonymous tech. And this looks like another hidden gem under radar.

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A direct link to their site would be nice.

It’s scary isn’t it. I have worked with electricity grid SCADA systems and …um… the state of security is … troubling to say the least.

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website: https://dero.io/

Trades on kucoin and tradeogre.

What I found out during last weeks of studying various coins is, that there is tradeogre exchange, which looks like some student is running, no kyc, nothing. Design like 20 years old. Likely some student running it on the laptop, lol:) But it has very good reputation, people are using it without problems. here are mostly anynymous coins. So this exhange is likely some undeground exchange that loves to list anonymous crypto. So I am checking coins from there one by one, and some of them are reallly intresting. DERO and Haven are the most interesting there.

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Always unearthing interesting things, thanks for the reading material.

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Anyone have any thoughts on where chia will settle on price?
Seems downwards, but little surprise with low circulation and massive day inflation.

It depends what is next steps with 21M Chia from investors. They are in huge profit, but I do not know when they can spent some. On a market there are only the ones from farmers. Netspace is going to reach 30EiB in next few months and this will push price down as every miner need sell coins to cover maintenance and price of HW.

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