How Crypto Investor Stupidity Helped One Hacker Swipe $7 Million38.4

By CCN: Years ago, a thief had a simple idea: figure out a way to guess Ethereum private keys and write software to sweep the crypto funds from the blockchain. Guessing the 72-character private key is no small feat – your odds are about 1 in 115 quattuorvigintillion. No, we didn’t make that number up. The researchers told Wired that trying to do this without the help of high-powered computers would be like: “ Choosing a grain of sand on a beach, and later asking a friend to find that same grain among a ‘billion gazillion’ beaches.” The Fatal Flaw

The post How Crypto Investor Stupidity Helped One Hacker Swipe $7 Million appeared first on CCN

Original source
https://www.ccn.com/how-crypto-investor-stupidity-helped-one-hacker-swipe-7-million

Add comment

Please Sign in to be able to leave comments.