I read about this on crypto news two days ago. For now, no one can brute force the password for now. But, suggesting that advanced quantum computing could be able to guess the password right. Let see how it goes but I think it is not possible for now to know the password. Wow so this wallet does not halle anyone or what, because , thats a lot of money and it requires only the owner to understand where his or her wallet is , so its important we are able to realize how strong bitcoin is to lose money is not easy.
I too is suggesting the only way for now that person is able to recover back the wallet is to just remember that private key. If not, no hacker will be able to know the private key. If the wallet support BIP39 seed phrase, it will be good because it can still be easy to know.
But not hacker will be able to know the seed phrase if up to six out of twelve words is not known. It is really strange, how can a large sum of million dollars of bitcoin be in a wallet owned by a senior technology official and he does not know what the password is to access the wallet!
I think that hackers will use all possible means in order to access this wallet and steal money, but they may not succeed. We will wait and see. This report was circulated by many people on blogs and it is without any assurances, and in fact I do not believe this news from them just because they heard it because this large amount is mostly secured in one of the safe cold wallets.
Bet Fury. Free BTC 1 Satoshi every day. Yap, really strange! Wallet owned by a senior technology officer and he knows nothing about the wallet password, really?! There must be a secret about that wallet, maybe that officer knows whats going on about this. Time is the ultimate weapon! This is very interesting information. I think we need to wait some time to know how this story will end. Yeah, this is true! Thats is really huge amount of money I think the one who will succeed to hack the wallet, him or she must be very rich although it is very difficult to hack money which is holding in the wallet.
Well this story has attracted my interest and utmost attention to follow up to know the outcome whether the wallet will breakdown to access the huge funds or not. I hope soon technology shall grow to develop a sophisticated and unbreakable Crypto wallet. I thought it was impossible to hack a wallet.
So basically what you are saying now is that anyone that can hack this wallet is possession of the wallet. Well this seems like an interesting news and would motivate a lot of people to learning how to make use of crypto currencies and eventually how to crack it. They are trying to hack just a wallet password. But who knows how difficult that password is, it could be near impossible to crack as well. Hacking a wallet is very difficult and I think this will possible only by the quantam computer.
A quantum computer will end this story in my opinion! By the way, i hope that i can see an official source for this news because there are many rumors these days. I think it is not also possible, they were just trying to know if hackers can break through the bitcoin private key. But, also, possibly it can be true, maybe the person did not believe in bitcoin price may rise and forgot about the wallet some years ago.
Seems like a different story to how you perceived it. Breaking through the password looks more possible and I think that is what is being portrayed in the story. Probably the next stumbling block will be after breaking the password and the private keys is needed. It more like trying to break the password in opinion. In my opinion using an quantum computer is not necessary for creaking the wallet password but hackers knows many tricks , So we need to take actions that a hacker one step forwards but breaking password of any wallet is very very difficult.
Thanks Cryptotalk for teaching me about the cryptoworld. Now i am earning good earnings from internet. Special thanks to Bigpat for helping me. The news is quite interesting, if anyone is in teh field of white hat hacking then they should try to attacks. And such competition is really a great way to improve the security of Crypto and Bitcoin. As if anyone able to do crack the wallet, the prevention could be applied to the network in future.
Talking about Google Quantum Computer, they are at 54 qubits and for attack on Bitcoin network it needs about qubits as stated in the article. So it seems huge deal to crack and grab the Bitcoins. News suggests wallet is being passed to the hackers for the past 2 years it means file is highly encrypted and I do not think normal computer could be able to crack such highly encrypted cryptographic codes and the system.
In future, if there is a highly powerful quantum computer then only we can expect to crack down that cryptographic system. I do not think that there is an impossible thing for hackers because they can hack any site in different ways and I think that with time they will find a way to hack that wallet.
Its really important we check on this, the problem is hacking, if you can hack a bitcoin address then am sure you are a super man , its very hard to hack a bitcoin address, but another problem is that you are not able to get this mouth watering kind of an offer, if it were possible , then I promise it could have happened. But if advanced computer last are built, possibly what can not be done inna million years can be done within minutes.
But if such happens, there are still many things that is beyond hackers. Far too many. Cracking one wallet means that nothing will be safe, the cryptography will have to change and until developers decide it will take years and the network will be vulnerable.
This sounds funny to me! All those hackers and even the wallet owner failed to open that wallet! This can be a fake news because those mentioned bitcoins are a lot and hacker would not leave them. Which hacker or programmer would not try this even if they know their chances are very low close to impossible.
I would make an effort too without having proper knowledge and of course I will fail but the reward is huge and trying if you are a top hacker is a real target. By fullzero Started January 23, By Egorka Started October 11, By Common man Started September 27, By veislili Started March 6. By ntrade Started November 15, By Malov. Crypto World. Search In. Payment Update. Read More-. Does the internet make you smarter? Is Technology Changing the Way we Read?
Can Bitcoin or other kinds of Cryptocurrency beat down the U. What is the difference between Cryptocurrency and Blockchain? EY Has Built a Blockchain that can identify authentic wine and much more. Published at: 1 недельку назад.
Published at: 2 недельки назад. Published at: 2 месяца назад. Рейтинг Рынка: 24ч Рейт Объема:. Активные криптовалюты: Toggle navigation. Присоединяйтесь к нам в соц сетях! Anita O. Lover of tech and blockchain. Related Posts.
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And the same goes for digital wallets, especially those containing cryptocurrencies. Blockchain wallets consist of two keys:. No need to explain what will happen to your account next. If hackers access your computer, they can easily find the file and use it. For that reason, security experts always suggest keeping a hard copy of your private keys. In some cases, hot wallet services like Crypterium, Wirex or Blockchain. Obviously, you should only entrust your keys to respected providers such as the aforementioned.
Nowadays, we receive plenty of emails a day. Hackers know this and have the tools to leverage it against you. While some of you may realize an official representative will never ask for such information, others may fall into the trap and provide the information. Remember that private keys are like PIN codes. No official bank representative will call you or send you an email asking for such information. If you get a message of such kind, get in touch with official representatives and report the issue as soon as possible.
And hackers are constantly trying different ways to get hold of it. Keyloggers are malwares that record every seed, password and PIN introduced on your computer or mobile device and then transfer them to hackers. If the malware makes it to your device, then it becomes an easy gateway for hackers to access your private keys. But… how do they get into your device in the first place? Well, there are basically three ways you can get infected with a keylogger:. Hackers will go to any length to steal cryptocurrency, and fake wallets are a great example of how far they are willing to go.
A recent study found several apps on Google App Store impersonating Trezor, a popular cryptocurrency wallet service. A useful tip to avoid falling into this trap is downloading the app straight from the official website of the wallet service. The Crypterium Wallet, for instance, asks for your phone number to send you a safe link that takes you to the app store.
Suddenly, a representative from that company reaches out to tell you about an exclusive pre token sale offer. Sounds like a deal, right? Impersonating companies, cryptocurrency exchanges or people is one of the most common ways hackers rely on to gain access to your funds.
They will convince you to transfer an X number of bitcoins to specific addresses. Then, ask you to share data to access certain perks, etc. Similarly to keyloggers, Trojans can enter your computer and monitor your behavior, stealing anything that resembles a cryptocurrency private key. So, when someone owns Bitcoin, what they actually have is the private key for unlocking a particular address on the Blockchain. These keys are stored both online and offline in so many different ways and each of them has a certain security level.
Sheep Marketplace is a perfect example of such service providers. All they need to do is to copy the entire database containing private keys to own the Bitcoins located on all the addresses stored in the database. It is almost impossible to detect these programs and you might even have it running on your smartphone or computer right now without noticing it at all.
They copy every seed, password and pin that you type and can turn out to be an effective answer to the question of how to hack a Bitcoin faucet. They can really provide hackers an easy gateway to all the bitcoins they want to hack. Usually, there are three different options available for installing keyloggers. They include:. Another cool option you have to answer how to hack Bitcoin wallets, this one gives you a more sophisticated way of achieving your goal.
It also needs you to do some work on your part as these fake wallets are simply the apps which resemble genuine wallets but are meant to steal the Bitcoins away. These apps typically use official logos and everything else of existing Bitcoin wallets for tricking the users and stealing the Bitcoins away. These fake wallets are a routine thing both on Apple and Android App Stores. For those looking to find out how to hack Bitcoin faucet, another option is to rely on some Bitcoin miner malware.
Every Bitcoin that gets mined makes the creation of the new Bitcoins harder. And with electricity being a major operational cost for Bitcoin miners, many of them borrow resources for mining Bitcoins. They usually do so by spreading the Bitcoin mining malware. Today, Bitcoin is simply mined through the biggest Bitcoin malware botnets. As a result, the hijacked computers are also slowed down as well. Want to know how to hack Bitcoin accounts, why not try Bitcoin phishing?