FreeEarnsActivist (OP)
Jr. Member
Offline
Activity: 124
Merit: 8
|
|
May 09, 2019, 07:34:13 AM Last edit: May 09, 2019, 11:41:41 AM by FreeEarnsActivist |
|
A team at blockchain services company Coinfirm has been watching the erratic movements of the bitcoin associated with $40 million stolen in the latest Binance breach. At 4:11 AM on May 8 the hacker or hackers moved 1214 BTC ($7.16 million) to new addresses and then moved another 1337 “to 2 new addresses held by the hacker.” This is the fourth major exchange hack of the year, following Cryptopia, DragonEx and Bithumb. Article: https://www.coindesk.com/hackers-are-shuffling-binances-stolen-bitcoin
|
|
|
|
Slow death
Legendary
Online
Activity: 3066
Merit: 1108
Leading Crypto Sports Betting & Casino Platform
|
|
May 09, 2019, 10:17:40 AM |
|
I thought they were talking about that they found the scammer. watching the scammers move is something positive, but without finding the scammer is doing it an unproductive task and it will be more exhausting for the community to know that the scammer is unpunished and to use the stolen bitcoins . In the world crypto the thieves go unpunished, something very sad and unfortunate
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
FreeEarnsActivist (OP)
Jr. Member
Offline
Activity: 124
Merit: 8
|
|
May 09, 2019, 11:43:14 AM |
|
I thought they were talking about that they found the scammer. watching the scammers move is something positive, but without finding the scammer is doing it an unproductive task and it will be more exhausting for the community to know that the scammer is unpunished and to use the stolen bitcoins . In the world crypto the thieves go unpunished, something very sad and unfortunate
Studying addresses is the solution to find the hacker.
|
|
|
|
davis196
|
|
May 09, 2019, 12:02:19 PM |
|
Pretty interesting infographic,by the way. What if the hackers start using bitcoin mixers?Will this make the stolen bitcoins impossible to track? We desperately need some big crypto hacker to be caught and punished.This will restore the hope of newbies regarding cryptocurrency trading.
|
|
|
|
joniboini
Legendary
Offline
Activity: 2240
Merit: 1795
|
|
May 10, 2019, 03:38:26 AM |
|
What if the hackers start using bitcoin mixers?Will this make the stolen bitcoins impossible to track?
Depends on what mixer that he used. There was a study about Bitcoin mixer service (the paper was published in this forum iirc) that showed some mixer is easy to break, so we can know which transactions are related to one another. The hacker(s) would probably use non-KYC exchange to liquidate his Bitcoin, so that's another problem that needs to be solved.
|
| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
|
|
|
Kemarit
Legendary
Offline
Activity: 3136
Merit: 1357
|
|
May 10, 2019, 03:52:00 AM |
|
What if the hackers start using bitcoin mixers?Will this make the stolen bitcoins impossible to track?
Depends on what mixer that he used. There was a study about Bitcoin mixer service (the paper was published in this forum iirc) that showed some mixer is easy to break, so we can know which transactions are related to one another. The hacker(s) would probably use non-KYC exchange to liquidate his Bitcoin, so that's another problem that needs to be solved. Here is the study, Breaking Mixing Services. But I guess it will take a lot of efforts to crack it down. Remember those hackers are really that intelligent and I'm sure they know how to hide from those forensic experts and avoid those exchanges that might give them a clue, so it's going to be a cat-and-mouse game from now on.
|
|
|
|
shamc
Copper Member
Jr. Member
Offline
Activity: 336
Merit: 1
|
|
May 10, 2019, 06:36:47 AM |
|
They will probably use a decentralised exchange or some form of atomic swap. Possible an ATM machine if they can find one without a camera
|
|
|
|
CryptoBry
|
|
May 10, 2019, 09:56:58 AM |
|
And all the while they can do nothing about it...just enjoying watching how Bitcoin is moving from an address to another. This is just like an intellectual gratification knowing that you know what is happening and yet you are helpless about it. This is actually discouraging and disappointing, at least on my own opinion. Here we are extolling the very virtue about one of the best technologies ever devised by man yet it is honestly tied and impotent against an evil that is affecting this whole industry. Of course, I know why there is nothing we can do but I can't just avoid that empty feeling just thinking about it. So what is my main point? I am hoping that a day will come when this very technology we love can find a way to stop people from getting the incentive for hacking. Can that be possible?
|
|
|
|
Yabes
Full Member
Offline
Activity: 626
Merit: 200
Gula membunuhmu.
|
|
May 10, 2019, 09:58:39 AM |
|
I thought they were talking about that they found the scammer. watching the scammers move is something positive, but without finding the scammer is doing it an unproductive task and it will be more exhausting for the community to know that the scammer is unpunished and to use the stolen bitcoins . In the world crypto the thieves go unpunished, something very sad and unfortunate
Case please... except SCAM ICO
|
|
|
|
Siren
|
|
May 10, 2019, 12:32:48 PM |
|
A team at blockchain services company Coinfirm has been watching the erratic movements of the bitcoin associated with $40 million stolen in the latest Binance breach. At 4:11 AM on May 8 the hacker or hackers moved 1214 BTC ($7.16 million) to new addresses and then moved another 1337 “to 2 new addresses held by the hacker.” This is the fourth major exchange hack of the year, following Cryptopia, DragonEx and Bithumb. Article: https://www.coindesk.com/hackers-are-shuffling-binances-stolen-bitcoinWhat is the main goal of following or tracking the addresses? Whe. Hackers surely ready about how to segregate the coins feom exchange to wallets or some can be put in mixing sites or another thing is they already have wallets all over the world and convert the bit coin to fiats But well this is just action today since the news is fresh but sooner this will end for notching lol
|
|
|
|
|
Leyss
Member
Offline
Activity: 574
Merit: 12
|
|
May 10, 2019, 05:51:30 PM |
|
I hope the police are also dealing with this major theft of 7,000 bitcoins from the Binance exchange. It would be much more effective if such observations were carried out in a mutually agreed manner. This will allow the police to instantly respond if hackers make a mistake and this will lead to their identification. At the same time, all these actions can later be used against these hackers in court.
|
|
|
|
davidtld
Jr. Member
Offline
Activity: 34
Merit: 7
|
|
May 10, 2019, 06:06:33 PM |
|
They can also go costumed to a Bitcoin ATM machine
|
|
|
|
|