hot wallets – DIGIT INFO

Alphapo payment provider hack now estimated at over $60M — ZachXBT

DIGIT — Tue, 25 Jul 2023 18:21:40 +0000

The on-chain sleuth ZachXBT claims to have found an additional $37 million in losses suffered from the unconfirmed attack.

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Bitcoin ATM maker shuts cloud service after user hot wallets compromised

DIGIT — Mon, 20 Mar 2023 03:59:03 +0000

Bitcoin ATM manufacturer General Bytes said a hacker was able to install and run a Java application in its terminals that could access user information and send funds from hot wallets.

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Major Cryptocurrency ATM Manufacturer General Bytes Hacked, Over $1.5M in Bitcoin Stolen

DIGIT — Sun, 19 Mar 2023 05:30:28 +0000

General Bytes experienced a security incident on March 17 and 18 that enabled a hacker to remotely access the master service interface and send funds from hot wallets, according to the company and sources. The breach forced a majority of U.S.-based crypto automated teller machine (ATM) operators to temporarily shut down. The hacker was able […]

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Bitcoin Family Says They Are Moving $1M in Crypto to Decentralized Exchanges After FTX Collapse

DIGIT — Thu, 01 Dec 2022 16:30:16 +0000

In October 2017, Netherlands native Didi Taihuttu and his family sold all their valuable belongings and their house for bitcoin. The decision paid off and the Taihuttu family has traveled all around the world and recently moved to the island of Phuket. On Nov. 30, the 44-year-old Didi Taihuttu told CNBC that after storing crypto […]

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Kraken’s Jesse Powell Takes Aim at Newly Launched Proof-of-Reserve Lists, POR Audit ‘Requires Cryptographic Proof’

DIGIT — Wed, 23 Nov 2022 21:00:03 +0000

On Tuesday, amid the many conversations concerning crypto exchange proof-of-reserves, Kraken executive Jesse Powell shared a screenshot of coinmarketcap.com’s newly launched proof-of-reserves (POR) dashboard. Powell said he planned to be “more assertive with calling out problems,” and he stressed that a POR audit “requires cryptographic proof of client balances and wallet control.” Jesse Powell Stresses […]

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Didi Taihuttu Discusses Hiding His Cold Storage Wallets After Selling Everything for Bitcoin 3 Years Ago

DIGIT — Fri, 13 Aug 2021 02:30:01 +0000

Over three years ago, a Netherlands native made headlines when he told the world he and his minimalist family sold everything for bitcoin. At that time, Didi Taihuttu and his family sold their home, valuables, and vehicles in order to accumulate the digital asset. Taihuttu recently discussed how things have been after three years, explaining […]

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