Go Back   English Forum Switzerland > Off-Topic > Off-Topic > International affairs/politics  
Reply
 
Thread Tools Display Modes
  #1  
Old 05.02.2019, 13:32
marton's Avatar
Forum Legend
 
Join Date: May 2008
Location: Kt. Zürich
Posts: 9,189
Groaned at 385 Times in 334 Posts
Thanked 15,890 Times in 8,638 Posts
marton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond repute
looking for hackers, probably!

The death of a Canadian entrepreneur has left a huge stash of cryptocurrencies locked off from the people who own them.

Quadriga, Canada's biggest cryptocurrency exchange, said it's unable to gain access to $145 million of bitcoin and other digital assets after Gerald Cotten, its 30-year old CEO and co-founder, died of complications arising from Crohn's Disease while traveling in India.

Source

Good to know one's money is safely stored
Reply With Quote
  #2  
Old 05.02.2019, 13:38
bigblue2's Avatar
Forum Legend
 
Join Date: Mar 2009
Location: Glarus
Posts: 8,086
Groaned at 486 Times in 405 Posts
Thanked 14,715 Times in 5,780 Posts
bigblue2 has a reputation beyond reputebigblue2 has a reputation beyond reputebigblue2 has a reputation beyond reputebigblue2 has a reputation beyond reputebigblue2 has a reputation beyond reputebigblue2 has a reputation beyond repute
Re: looking for hackers, probably!

the story has scam screaming out from it
Reply With Quote
The following 2 users would like to thank bigblue2 for this useful post:
  #3  
Old 05.02.2019, 13:48
Ouchboy's Avatar
Forum Legend
 
Join Date: Jun 2008
Location: Baden
Posts: 3,217
Groaned at 43 Times in 38 Posts
Thanked 5,162 Times in 2,005 Posts
Ouchboy has a reputation beyond reputeOuchboy has a reputation beyond reputeOuchboy has a reputation beyond reputeOuchboy has a reputation beyond reputeOuchboy has a reputation beyond reputeOuchboy has a reputation beyond repute
Re: looking for hackers, probably!

nigerian prince gets an upgrade...
Reply With Quote
The following 4 users would like to thank Ouchboy for this useful post:
  #4  
Old 05.02.2019, 14:00
Spinal's Avatar
Forum Veteran
 
Join Date: Dec 2016
Location: Zurich
Posts: 967
Groaned at 8 Times in 7 Posts
Thanked 802 Times in 382 Posts
Spinal has a reputation beyond reputeSpinal has a reputation beyond reputeSpinal has a reputation beyond reputeSpinal has a reputation beyond repute
Re: looking for hackers, probably!

Rumor has it he isn't dead... if you follow some of the bitcoins put into the corporate accounts, you'll see they never end up in a large "corporate" wallet...
Reply With Quote
This user would like to thank Spinal for this useful post:
  #5  
Old 05.02.2019, 14:10
Guest
 
Posts: n/a
Re: looking for hackers, probably!

Quote:
View Post
Rumor has it he isn't dead... if you follow some of the bitcoins put into the corporate accounts, you'll see they never end up in a large "corporate" wallet...
That is because they store them in wallets, not every exchange uses one big wallet to store all they have, splitting up in a big bunch of diff wallets is nothing rare.
Reply With Quote
  #6  
Old 05.02.2019, 14:13
bigblue2's Avatar
Forum Legend
 
Join Date: Mar 2009
Location: Glarus
Posts: 8,086
Groaned at 486 Times in 405 Posts
Thanked 14,715 Times in 5,780 Posts
bigblue2 has a reputation beyond reputebigblue2 has a reputation beyond reputebigblue2 has a reputation beyond reputebigblue2 has a reputation beyond reputebigblue2 has a reputation beyond reputebigblue2 has a reputation beyond repute
Re: looking for hackers, probably!

the way they are all tanking, if he sold them last week, and buys them back next week he'll make a killing
Reply With Quote
  #7  
Old 05.02.2019, 14:48
FunnyBone's Avatar
Forum Veteran
 
Join Date: Jan 2015
Location: Earth
Posts: 804
Groaned at 40 Times in 27 Posts
Thanked 1,174 Times in 516 Posts
FunnyBone has a reputation beyond reputeFunnyBone has a reputation beyond reputeFunnyBone has a reputation beyond reputeFunnyBone has a reputation beyond reputeFunnyBone has a reputation beyond reputeFunnyBone has a reputation beyond repute
Re: looking for hackers, probably!

Yes, I have some conspiratorial questions myself , one of which is: how come the company didn't have a protocol in place if something like this should happen?
Reply With Quote
  #8  
Old 05.02.2019, 14:55
Forum Legend
 
Join Date: Jun 2008
Location: Zurich
Posts: 7,623
Groaned at 279 Times in 208 Posts
Thanked 16,878 Times in 5,934 Posts
k_and_e has a reputation beyond reputek_and_e has a reputation beyond reputek_and_e has a reputation beyond reputek_and_e has a reputation beyond reputek_and_e has a reputation beyond reputek_and_e has a reputation beyond repute
Re: looking for hackers, probably!

So far for the safety of the blockchain: if you forget the password, then you have a problem
Reply With Quote
  #9  
Old 05.02.2019, 15:07
Guest
 
Posts: n/a
Re: looking for hackers, probably!

Quote:
View Post
Yes, I have some conspiratorial questions myself , one of which is: how come the company didn't have a protocol in place if something like this should happen?
It's all relatively new, and rulings take time to come in place, so the only answer would be "since nobody forced them to do so"

It's a market with low regulation and a lot of cowboys where shit just keeps happening.
Reply With Quote
  #10  
Old 05.02.2019, 15:12
aSwissInTheUS's Avatar
Forum Legend
 
Join Date: Nov 2007
Location: Zurich area
Posts: 11,609
Groaned at 87 Times in 78 Posts
Thanked 17,644 Times in 7,842 Posts
aSwissInTheUS has a reputation beyond reputeaSwissInTheUS has a reputation beyond reputeaSwissInTheUS has a reputation beyond reputeaSwissInTheUS has a reputation beyond reputeaSwissInTheUS has a reputation beyond reputeaSwissInTheUS has a reputation beyond repute
Re: looking for hackers, probably!

Quote:
View Post
Yes, I have some conspiratorial questions myself , one of which is: how come the company didn't have a protocol in place if something like this should happen?
Do you have a protocol in place for your surviving relatives relating your digital assets (*) in case someone puts a bucket in your path which you unwillingly kick?

(*) E-Mail, Telephone, Facebook, EF, your own computer etc. etc.
Reply With Quote
The following 2 users would like to thank aSwissInTheUS for this useful post:
  #11  
Old 05.02.2019, 15:16
Spinal's Avatar
Forum Veteran
 
Join Date: Dec 2016
Location: Zurich
Posts: 967
Groaned at 8 Times in 7 Posts
Thanked 802 Times in 382 Posts
Spinal has a reputation beyond reputeSpinal has a reputation beyond reputeSpinal has a reputation beyond reputeSpinal has a reputation beyond repute
Re: looking for hackers, probably!

Quote:
View Post
Do you have a protocol in place for your surviving relatives relating your digital assets (*) in case someone puts a bucket in your path which you unwillingly kick?

(*) E-Mail, Telephone, Facebook, EF, your own computer etc. etc.
Of course - haven't you setup emergency access on lastpass?
Reply With Quote
This user would like to thank Spinal for this useful post:
  #12  
Old 05.02.2019, 15:24
Phil_MCR's Avatar
Forum Legend
 
Join Date: Oct 2009
Location: Basel
Posts: 13,605
Groaned at 269 Times in 175 Posts
Thanked 16,506 Times in 7,015 Posts
Phil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond repute
Re: looking for hackers, probably!

Quote:
View Post
Of course - haven't you setup emergency access on lastpass?
i didn't tell anyone the routine to reset my Armageddon device. when i go, i'm taking the whole world with me!
Reply With Quote
This user would like to thank Phil_MCR for this useful post:
  #13  
Old 05.02.2019, 15:50
NotAllThere's Avatar
Forum Legend
 
Join Date: Oct 2008
Location: Baselland
Posts: 12,109
Groaned at 188 Times in 165 Posts
Thanked 17,427 Times in 7,093 Posts
NotAllThere has a reputation beyond reputeNotAllThere has a reputation beyond reputeNotAllThere has a reputation beyond reputeNotAllThere has a reputation beyond reputeNotAllThere has a reputation beyond reputeNotAllThere has a reputation beyond repute
Re: looking for hackers, probably!

Quote:
View Post
So far for the safety of the blockchain: if you forget the password, then you have a problem
It's like burning all your paper money.
Reply With Quote
  #14  
Old 05.02.2019, 18:52
VFR on top's Avatar
Forum Veteran
 
Join Date: Jul 2014
Location: Used to be Basel.
Posts: 1,080
Groaned at 31 Times in 21 Posts
Thanked 2,370 Times in 888 Posts
VFR on top has a reputation beyond reputeVFR on top has a reputation beyond reputeVFR on top has a reputation beyond reputeVFR on top has a reputation beyond reputeVFR on top has a reputation beyond repute
Re: looking for hackers, probably!

Quote:
View Post
Do you have a protocol in place for your surviving relatives relating your digital assets (*) in case someone puts a bucket in your path which you unwillingly kick?

(*) E-Mail, Telephone, Facebook, EF, your own computer etc. etc.
Yes.
Reply With Quote
This user would like to thank VFR on top for this useful post:
  #15  
Old 05.03.2019, 14:10
Forum Legend
 
Join Date: Oct 2014
Location: Ostschweiz
Posts: 7,764
Groaned at 311 Times in 256 Posts
Thanked 10,003 Times in 5,280 Posts
Urs Max has a reputation beyond reputeUrs Max has a reputation beyond reputeUrs Max has a reputation beyond reputeUrs Max has a reputation beyond reputeUrs Max has a reputation beyond reputeUrs Max has a reputation beyond repute
Re: looking for hackers, probably!

So, Bloomberg reports (behind paywall but the first ten articles a month are free) that Ernest&Young have been asked to investigate.

They found six cold wallets owned by Quadriga but five of those appear to have been empty since April. The sixth was used to transfer BTC's that were received from third persons to Quadriga's hot wallet on Dec 3.

Some additional bits:
According to 20min, the deceased made his wife the sole heir a few days before his death. And his name on the death certificate, which was issued in India, isn't spelled correctly.
Reply With Quote
  #16  
Old 05.03.2019, 14:23
roegner's Avatar
Moderately Dutch
 
Join Date: May 2011
Location: Zurich
Posts: 10,035
Groaned at 341 Times in 283 Posts
Thanked 11,734 Times in 5,721 Posts
roegner has a reputation beyond reputeroegner has a reputation beyond reputeroegner has a reputation beyond reputeroegner has a reputation beyond reputeroegner has a reputation beyond reputeroegner has a reputation beyond repute
Re: looking for hackers, probably!

Quote:
View Post
Of course - haven't you setup emergency access on lastpass?

Newbie question on lastpass: where can I set this up? Thanks!
Reply With Quote
  #17  
Old 05.03.2019, 14:29
Guest
 
Posts: n/a
Re: looking for hackers, probably!

If they know the wallets it will become very hard for his wife to spend the money.

We might not know who holds which wallet, but every transaction is open for all to see, so only a fool would accept coins from those.

I wonder if ever in future legislation comes up where there wil be some sort of register, and banks/traders/stores are not allowed to accept money from unregistered wallets.
Reply With Quote
  #18  
Old 05.03.2019, 14:30
DUTCH's Avatar
Senior Member
 
Join Date: Oct 2006
Location: Wollerau
Posts: 411
Groaned at 7 Times in 7 Posts
Thanked 665 Times in 247 Posts
DUTCH has a reputation beyond reputeDUTCH has a reputation beyond reputeDUTCH has a reputation beyond reputeDUTCH has a reputation beyond repute
Re: looking for hackers, probably!

Quote:
View Post
Newbie question on lastpass: where can I set this up? Thanks!
Lastpass->My Valult-> Left Panel, bottom "Emergency Access", just above Options
Reply With Quote
This user would like to thank DUTCH for this useful post:
  #19  
Old 05.03.2019, 14:32
roegner's Avatar
Moderately Dutch
 
Join Date: May 2011
Location: Zurich
Posts: 10,035
Groaned at 341 Times in 283 Posts
Thanked 11,734 Times in 5,721 Posts
roegner has a reputation beyond reputeroegner has a reputation beyond reputeroegner has a reputation beyond reputeroegner has a reputation beyond reputeroegner has a reputation beyond reputeroegner has a reputation beyond repute
Re: looking for hackers, probably!

Quote:
View Post
Lastpass->My Valult-> Left Panel, bottom "Emergency Access", just above Options

Thanks (need to upgrade then)
Reply With Quote
  #20  
Old 05.03.2019, 14:34
Guest
 
Posts: n/a
Re: looking for hackers, probably!

Quote:
View Post
Newbie question on lastpass: where can I set this up? Thanks!
https://support.logmeininc.com/lastp...ccess-lp030013

Only for paid users.

I just have a list in my paper bookkeeping with account names/passwords the passwords are encrypted and my wife has the key. If both of us pass away at the same time stuff is simply lost. (most valuable would be the XboX account :P )
Reply With Quote
Reply




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Capital gains tax.....probably for dummies... JanerMacP Housing in general 6 07.08.2015 22:06
Hackers in switzerland. Pearshakes TV/internet/telephone 19 22.11.2011 18:52
Any DIYers/Hackers? ( Mounting a Projector ) cyrus TV/internet/telephone 0 18.11.2011 11:09
Hackers tackle secure ID tokens Upthehatters2008 International affairs/politics 1 18.03.2011 19:12
Hackers' Discount - 5 rappen for your Credit Card information jrspet General off-topic 2 14.04.2009 22:10


All times are GMT +2. The time now is 00:52.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0