physical-bitcoin-attacks
stegoseed
physical-bitcoin-attacks | stegoseed | |
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121 | 1 | |
528 | 29 | |
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6.1 | 10.0 | |
22 days ago | over 6 years ago | |
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The Unlicense | - |
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physical-bitcoin-attacks
- The privacy that coins like Monero give far outweighs all the illegal uses of it, everyone has a right to privacy that shouldn't be taken away
- One of the advantages of blockchain is that we can roughly calculate how much money went into scams involving cryptocurrencies, because everything is on the public blockchain. Can the same be said for taxe evasion, bribery, corruption, drug trafficking, and other stuff that don't involve crypto?
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Kaspersky: Case study: fake hardware cryptowallet (Trezor)
Obligatory $5 wrench xkcd: https://xkcd.com/538/
Still, physically threatening/kidnapping somebody is an entirely different threat model, although it's very common in the Bitcoin world: https://github.com/jlopp/physical-bitcoin-attacks
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Has there ever been a recorded case of someone being physically robbed of crypto?
This isn't only a comedy topic, there is a list on Github with all known physical Bitcoin attacks.
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Dubai Crypto Manager Abducted for €1M Ransom Has Been Rescued in Spain
This one can be added to the list of known crypto attacks. It will be #188.
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How will Bitcoin coercion evolve in the near-to-mid future?
We don't have the answer, but can share the concern. jlopp/physical-bitcoin-attacks holds a list of such "$5 wrench attacks" where people torture others in hopes of stealing their crypto.
- Hide Ledger
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$5 Wrench Attacks: Why Crypto Will Not Widespread
There have only 130 wrench attacks reported in the history of Bitcoin.
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LPT: If you have a hardware wallet and also own a gun, keep them in the same place
You act like this doesn't already happen to people: https://github.com/jlopp/physical-bitcoin-attacks
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Friendly reminder: never keep your seed together with your device, it makes it useless
Prob talked about it unfortunately. She knew enough to go looking for the hardware wallet + seed. Everything else she took was just extras. Physical altercations almost always involve prior knowledge of the victim's possessions..
stegoseed
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Cops pull over former FBI, now cyber security (self described “hacker”). They start rummaging through his wallet and show seed words on body cam. Cop has no idea what he’s looking at.
"This tool uses a Markov model of a text corpus to generate sentences which encode Bitcoin wallets by including BIP39 words in the text. You should only use the tool directly on the web to play around. If you want to use it for real purposes you should download the code off Github: https://github.com/jes/stegoseed and run it on a computer which doesn't have any Internet access, to make sure nothing can exfiltrate your wallet seed. It should also go without saying that you should generate your own BIP39 seed, and do not just use the example one that is shown by default to everybody."
What are some alternatives?
P2P-Trading-Exchanges - Person-to-Person bitcoin Trading Exchanges
kycnot - Don't get KYC'ed
Bitcoin.org - Bitcoin.org Website
bip39 - A web tool for converting BIP39 mnemonic codes
haveno - Decentralized P2P exchange built on Monero and Tor
bisq - A decentralized bitcoin exchange network
l2beat - L2BEAT is an analytics and research website about Ethereum layer two (L2) scaling solutions.
astrobwt - ASIC/FPGA/GPU resistant CPU mining algorithm.
bips - Bitcoin Improvement Proposals
scrcpy - Display and control your Android device
RandomX - Proof of work algorithm based on random code execution
Breez Mobile Client - Lightning Network mobile client