Reddit Posts
Tiny research: I compared a couple of cryptocurrency exchanges...
A personal bullet-proof (hopefully) way to secure your assets
Bitcoin is better than real estate because of Higher Liquidity and faster Cash Outs
Reminder: Exchange Wrapped coins are not the same as regular coins
Keep your coins safe. NOT YOUR KEYS NOT YOUR WALLET!.
Keep your coins safe. NOT YOUR KEYS NOT YOUR WALLET!.
Ethereum cold storage wallet - Non Wifi HP Calculator (Hp 50G)
metamask 12 phrases account vs private keys account. Am I thinking it right?
BTC halted/delayed by Robinhood. Binance resumes but ....
ROBINHOOD HALTS BTC WITHDRAWALS. BINANCE RESUMES FOR THE SECOND TIME.
Coinbase took the freedom of crypto and tried to "big bank" it. I'm appalled and need advice to switch to go back to the roots of what crypto was designed for.
Owning your Crypto ( The 10000^th FUD free version )
What is a crypto wallet? Maybe this will help.
Do you actually know how your crypto wallet works?
Do not hold your Crypto in PayPal nor CashApp
Genuine question - Why don’t we have one DEX that crushes all CEX?
This Bitcoin rally is likely because Binance is having to cover all the withdrawals on their system with real Bitcoin, finally. Imo, a good indication that they are running the same Ponzi as FTX and others.
Too big too fail doesn't exist in crypto
Exactly what is wrong with using a closed-source Ledger to keep you bitcoin
PROOF OF KEYS DAY - Jan 3rd 2023
You can tell someone exactly how they will lose their money and they will villify you. Terra/Luna, Celsius, FTX...
Moved out of CEX. After reading the numerous post here, the helpful comments here, and the recent fiasco at a couple of the CEX. I ordered a Ledger NANO-X and moved my precious coins to a hardware wallet. I was really nervous about screwing it up, but it was really easy to do.
REMINDER! NOT YOUR KEYS, NOT YOUR COINS.... Take Care....
WARNING: FTX has been hacked and all apps are malware. Uninstall immediately.
In response to all the crypto carnage, how many of you have purchased a cold wallet this week?
Your Future: Non-custodial cross chain trading
The Lessons we learn in the Bear Market
What happened today should remind you that nothing is safer then a cold wallet
Yet again, people only realize the importance of decentralization when its too late. NOT YOUR KEYS NOT YOUR COINS!
What Is The Best Way To Store Crypto Seed? ULTIMATE SECURITY FOR KEYS!
With all the people getting scammed I put together a list of the most common scams
KRAKEN.com MUST READ NEW USERS!! WARNING!! THEY WILL HOLD YOUR BITCOINS
KRAKEN.com MUST READ NEW USERS!! WARNING!!
KRAKEN.com MUST READ NEW USERS!! WARNING!!
Afghanistan authorities have shut down at least 16 exchanges - this can happen anywhere. NOT YOUR KEYS, NOT YOUR BITCOIN
IF I ONLY HAD THESE KEYS… 🔐 …………all jokes aside, thank you to those who are willing to explore pursuing legal action with me per my previous post. This is the way. Yes, I’m quoting The Mandalorian.
Are all Exchanges having issues regarding withdrawals of Bitcoin? My Bitcoin is restricted from being withdrawn on FTX (perfect standing fully KYC’d account) and now I am hearing from others having similar issues with other platforms. Please advise. Should have listened NOT YOUR KEYS NOT YOUR COINS.
Harmony Exchange Hacked, Loses More Than $100 Million - NOT YOUR KEYS, NOT YOUR COINS!
NOT YOUR KEYS, NOT YOUR BITCOIN - Celsius lawyers claim users gave up legal rights to their coin by using the platform
Is Crypto Exchange Coinbase The Next To Go Under? Here’s What’s Going On - Get Your Funds Off The Exchanges. - NOT YOUR KEYS, NOT YOUR BITCOIN.
Some fun (and fraud) with vanity addresses
Congratulations to all you new 1BTC holders! Now STFU about how much bitcoin you have. You're making yourself a target for future scammers and a whole lot of other unknowns...
Do you remember what it was like on this sub when we were at $50-$60k?
Wish u all a great week , read we all need that
9 years ago, May 15th 2013, the US authorities seized accounts associated with Mt. Gox after discovering that it had not registered as a money transmitter with FinCEN in the US. NOT YOUR KEYS, NOT YOUR SATS!
Just Landed! The NEW Genesis-Edition Ledger Nano S Plus! - Not you KEYS, NOT your Crypto...
DragonsNFT Launched 2 hours ago and it's pumping, P2E Game, One month of liquidity lock, Low MC, Safe team, Dev will Dox on vc. These people are using their nft collection to drop the access keys for special characters on their game. Consept is lite, join and watch until you find entry.
DragonsNFT Launch on Gates, P2E Game, One month of liquidity lock, Low MC, Safe team, Dev will Dox on vc. Giving Access keys to different holders by NFT charachter airdrop. Consept is lite, join and watch until you find entry. LAUNCHING SOON
DragonsNFT Launch on Gates, P2E Game, One month of liquidity lock, Low MC, Safe team, Dev will Dox on vc. Giving Access keys to different holders by NFT charachter airdrop. Consept is lite, join and watch until you find entry. LAUNCHING SOON
DragonsNFT Launch on Gates, P2E Game, One month of liquidity lock, Low MC, Safe team, Dev will Dox on vc. Giving Access keys to different holders by NFT charachter airdrop. Consept is lite, join and watch until you find entry.
DragonsNFT Launch on Gates, P2E Game, One month of liquidity lock, Low MC, Safe team, Dev will Dox on vc. These people are using their nft collection to drop the access keys for special characters on their game. Consept is lite, join and watch until you find entry.
DragonsNFT Launching in 2 hours, P2E Game, One month of liquidity lock, Low MC, Safe team, Dev will Dox on vc. These people are using their nft collection to drop the access keys for special characters on their game. Consept is lite, join and watch until you find entry.
Virginia US Senate Allows State Banks to Offer Crypto Custody Services
TIL- The Winklevoss private keys are stored on 3 “shards”, which are spread across 12 safety deposits boxes, located in banking institutions that span 4 time zones in the US...
CEXs didn't block Russian people accounts for now but that doesn't mean they'll keep this attitude in the future. Always remember: Not your keys not your crypto.
Why aren’t crypto wallets called keychains instead?
NONE of the exchanges or exchange founders have commented publicly on Twitter about Canada's request to freeze the assets of people involved in the Freedom Convoy. Their silence means compliance.
5 signs that you might be investing in a Crypto Scam
Bsc game Shiplay going on play store. 3D nft p2e earning game. 500kcap 1000x potential
Transfer BTC from exchanges to other wallets without paying exorbitant fees
I don't think the crypto.com-hack shows that you should definitely not keep any crypto on exchanges - but weirdly enough rather the opposite?
I can't stress this enough, write down your passwords, twice, thrice, and even more.
What can we do to stop physical abuse in the meta verse?
10 “perfect steps” on the road to becoming a WHALE !
Finally moved my Bitcoin to a cold wallet. Feels good to get my coins off exchange!
Some advise about Crypto and what people can actually do right now..
I listed 7 common Crypto Scams so you don't fall for them
Do you think we have to move? Cexit...
Do you think we have to move? Cexit...
The very logic explanation of Etoro delisting news for ADA and TRX for US clients:
🔑 KEYS TOKEN 🔑Hold KEYS and gain exclusive access to a revolutionary new real estate and digital assets metaverse ecosystem 🔑 725 holders 🔑Listed on GC and Nomics 🔑Fully doxxed dev team 🔑 locked liquidity 🔑 NFTs and Staking coming soon 🔑
🔑 KEYS TOKEN 🔑Hold KEYS and gain exclusive access to a revolutionary new real estate and digital assets metaverse ecosystem 🔑 725 holders 🔑Listed on GC and Nomics 🔑Fully doxxed dev team 🔑 locked liquidity 🔑 NFTs and Staking coming soon 🔑
Careful of stacking your coins on BlockFi and silimar centralized lending platforms!
FOMO3D P2E ⚡️ | Buy some KEYS ☎️ | Stake some $P3D 💎 | Get the DVIS 💰 | Win the Pot! 🚀 | Backed up by P3D Token 💥 | 4M Mcap 💎
[Need Advice] How do I DCA long term safely?
[Need Advice] How do DCA long term safely?
10+ Best things you can do to NOT lose your Crypto
It should be Illegal to sell bitcoin on paper and not allow the rightful owner to withdraw it
I just got hacked on Coinbase (2fa was on)
Wasn't government overreach and crippling taxes the failure/inspiration to many revolutions? I <3 private coins
Crypto won’t pop until EVERYONE can get a sense of reassurance when completing transactions
Bitcoin Conspiracy Possibilities - A Deep Dive
On paranoia and why it is important
ETHER staking is now available on Ledger Live through Lido, what does this really mean? Guide on staking ETHER on Lido & Ledger.
Mentions
He wrecked just like the turds who refuse to purchase a cold wallet or find it difficult to just keep the phrases. NOT YOUR KEYS, NOT YOUR COINS
Looks like Coinbase or their assigns will HOLD THE KEYS. We'll have to wait until governmental approval to find out.
I moved everything off exchanges and I feel so stress free about all this news. NOT YOUR KEYS NOT YOUR COINS!
This is a shit take, if that's the case, did you plugin your hardware wallet to set it up? HOT WALLET = KEYS ON PC = STOLEN CRYPTO ... USER STUPUD!
REPEAT REPEAT REPEAT: “NOT YOUR KEYS NOT YOUR COINS” learn from other people’s and our own mistakes!
For the people in the back. NOT YOUR KEYS NOT YOUR BITCOIN
Oversimplification blablabla… NOT YOUR KEYS, NOT YOUR BITCOIN! Burn it in your brain or get REKT. MANY have gotten their rectum ripped apart by disobeying this rule … You’re just next in line.
[KEYS.LOL](www.Keys.lol) did it first and did it best.
Unchained KYCs newbies and sets them up with a multisig wallet. When they go out of business, I hope the poor sods know how to operate this complicated setup by themselves. By the way, multisig is unsafe and absolutely not suited to newbies. If you lose the XPUB and only have 2 of 3 you are SCREWED. You need ALL THE KEYS that were used to create the wallet to recreate the XPUB. It really cracks me up that Odell and other "OJs" shill this KYCed service 🤡🤡
God people on here are naïve as hell. Yes, you can easily prevent the government from taking your bitcoin from you. That being said, the U.S government can just lock you in a cell where you'll have years to bang your head on the wall, repeatedly yelling "MY KEYS MY COINS! MY KEYS MY COIIIIIIINNSSS!!!". Here is a relevant story: [https://www.cbsnews.com/news/treasure-hunter-tommy-thompson-jail-6-years-gold-coins-hearing-ingot-auctioned/#:\~:text=U.S.%20marshals%20tracked%20him%20down,the%20gold%20coins%20is%20resolved](https://www.cbsnews.com/news/treasure-hunter-tommy-thompson-jail-6-years-gold-coins-hearing-ingot-auctioned/#:~:text=U.S.%20marshals%20tracked%20him%20down,the%20gold%20coins%20is%20resolved). So yes, you can keep your Bitcoin... as long as you are Ok with shacking up in a cell with Bubba the Butt Blaster™. Until FrankenBiden gets what he wants.
You have never experienced the fear of not been able to take your coins out of the exchange, don't you? You can say whatever you want but exchanges denied coins to customers all the time, specially if the rules/laws change or they get hacked (happens alot) , they can easily take everything from you... You are not a target for hackers, exchanges are... maybe a scamer but that would be on you if you get fool. Follow the community guidelines on how to keep your private keys save and remember NOT YOUR KEYS, NOT YOUR CRYPTO!!!
Not your KEYS, not your CRYPTO.. Nough said!!!
Are you happy to give your bitcoin to someone else? I can promise 20% or 30% if 20% isn't enough. How about 50% per year? Sounds great? Send me all your sats. **NOT YOUR KEYS, NOT YOUR CHEESE**.
I also feel bad for those who trusted FTX with their funds ( tho there’s that mantra we all should remember … NOT YOUR KEYS NOT YOUR COINS ) but let’s not forget how many others lost money due to the ‘contagion’ that spread after the FTX debacle ..!!! The FUD … the sell offs … the fact it gives Gensler more leverage to attack the sphere …. SBF FKD many more than just the clients at FTX and I hope that fat prick Roy’s in prison with the lonely cell mate giving him the same treatment he gave the entire crypto sphere
You don't though. If you did have the keys you would not need Binance to LET you move YOUR Bitcoin. I will say it slow since you are not getting what everyone is saying. YOU DON'T HAVE ALL YOUR KEYS IF YOU CAN NOT MOVE THAT SHIT BY YOURSELF
Dude what are you talking about I HAVE LITTERLY ALL THE KEYS PASSWORDS AND 2fa and still they dont let me withrawal !!! I am out of hope
Once again in all caps! NOT YOUR KEYS NOT YOUR CHEESE! Wake the fuck up people!
Say it with me: NOT YOUR KEYS. . .
I just read that PayPal can FREEZE your account and can also wipe assets. This is a very dangerous precedent and is against everything that crypto stands for. Imagine having your funds wiped out because someone at the admin felt so. NOT YOUR KEYS, NOT YOUR COIN.
So many noobs don’t understand, NOT YOUR KEYS NOT YOUR CRYPTO!
You are not shouting it loud enough: NOT YOUR KEYS, NOT YOUR CRYPTO! Seriously tho, it baffles me when I read from people here that are into crypto for years and finally just now bought a hardware wallet. FTX should have delivered the message pretty clearly, take your crypto off exchanges, you never know if your stuff is even backed by real funds behind it as long as you leave it there.
Someone say the phrase: **NOT YOUR KEYS...**
I would advise you to buy a trezor, there was an update to ledger where it introduced the ability to decrypt your seed, THEY HAVE YOUR KEYS. I don't think management at Ledger fully grasp what they've done. They've destroyed their credibility. The entire point of a hardware wallet is that the device locks keys in it, with no way for anyone on the outside to extract them.
Always makes me chuckle as someone who in real life CAN NEVER FIND MY DAMN KEYS!!!!
Nothing.. what is lost is lost. SAVE YOUR PRIVATE KEYS!
>Were they using their FTX account as a wallet instead of something like metamask? Because many people still think their money is safe and they own their coins when they leave it at an exchange, which couldnt be more wrong. These are the people that lose their money and learn the HARD way, NOT YOUR KEYS NOT YOUR COINS.
If you can afford it a cold wallet is the way to go. You can write down on paper your private key the words of your wallet and just keep them in a safe place that you only know about not your wife not your kids not anyone else only you The most well known wallet for BITCOIN ONLY is electrum it's free and open source. https://electrum.org/ As long as the coins remain on the exchange they are never truly yours, it's kind of an IOU, as long as things don't get turbulent and you have provided kyc for your account The exchange will be able to give you your money but as long as your coins remain on the exchange they are never truly yours. Check out this video to find out why self custody is important. NOT YOUR KEYS NOT YOUR COINS https://youtu.be/AcrEEnDLm58?si=sVudxU68HLf1F3ky
As always, with custodial wallets: "NOT YOUR KEYS, NOT YOUR COINS!"
if it's true, if he's not a scammer himself who's been playing the long game [because, he might have fans/a following/defenders but how was it confirmed he really lost 50k worth of crypto?? because that is a COMMON scam as well because grifters know there's always a segment of the community who will believevthem..ALWAYS.. and many grifters are *very* convincing over the long term & they also know how to create convincing files to make it LOOK like funds went out so their defenders can have 'proof.' some of them have also done this repeatedly, even without changing their public name..but definitely there are name changers, too but who don't actually always change their appearance! and that guy, he's supposed to be an *experienced* crypto influencer?? and no doubt he DOES have defenders, believers who will donate to his cause which scammers count on. because there are always such people who are not careful, are susceptible to the cult mentality and they will always *lose their minds* whenever there are even reasonable concerns about their favorite coin or influencer.😐 but otherwise?? that kind of cautionary tale is EXACTLY WHY the SECURITY STANDARD IS to NEVER STORE YOUR SEEDS, PRIVATE KEYS in DIGITAL/ELECTRONIC FORM ever!!🙄 but this guy did exactly that?
It’s also easier for the ETF to collapse and take your money with it. NOT YOUR KEYS
Meanwhile those people: WHERE THE HELL ARE THE KEYS
Oh definitely! I suppose BRICKs are ahead of the game there. Perhaps Team Fortress 2 could have $KEYS for example, based around their own terminology.
Bitcoin ETF is a dead end, just another pointless sidetrack labeled **NOT YOUR KEYS** The price of Bitcoin is not important
I can't say it louder. NOT YOUR KEYS, NOT YOUR COINS.
@OP: Found the other post from two days ago where someone claims that he lost 30k on Binance due to a leaked READ-ONLY (!) api key. Something super fishy is going on here. This should be posted in r/Binance https://www.reddit.com/r/CryptoCurrency/comments/15lpcf3/i_was_hacked_on_binance_yesreedsy_and_they_stole/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=2&utm_term=1 @ALL DELETE YOUR BINANCE API KEYS IMMEDIATELY, EVEN IF THEY ARE READ ONLY! Cointracker has been hacked and for whatever reason hackers seem to be able to use those read only (!) api keys to trade shitcoins in your account, scoop them up with bots and make you want to buy a rope. Fuck Binance as a read only API key should not be able to make trades. There MUST be an additional security flaw at Binance side, there is no other explanation: Again, a leaked read only api key should be relatively harmless, it can be used to extract account data but it should never be able to do ANY write/change/trade action. R.I.P. Binance.
NOT YOUR KEYS NOT YOUR CRYPTO. It is worth the 30 minutes of in depth reading it takes to learn how to store your keys on a hard wallet IMO
In a strange way I agree that this kind of „peer review process“ is better than ripping the private keys out honest people….NEVER SHARE THE SEED/KEYS
Which side would the intermediary be on? Yours, or that of a big institution that lends loads of accounts through the service of the intermediary that receives a decent fee for releasing the keys to accounts which the big institution considers 'default'. They are also the ones setting up the contracts. If you have a 1 of the 3 keys in the 2/3 multisig, then YOU DO NOT HAVE ACCESS TO YOUR KEYS, and even more, other parties have full access without your consent.
1. Read The Bitcoin standard 2. If you have to ask if its a scam: yes, its a scam 3. NOT YOUR KEYS NOT YOUR BITCOIN 4. Nothing is the next bitcoin, there is Bitcoin and there are shitcoins 5. Do your own research 6. Never leave Bitcoin on exchanges (see 3) 7. Never speak about your stack 8. Always keep your seedphrase safe, your seedphrase is your bitcoin 9. Orange pill as many friends and family as you can 10. HODL
This year I’ve seen more scammers than ever, as stated before NOT YOUR KEYS NOT YOUR WALLET. be safe fellow farmers and be smart
I can't scream it louder. # NOT YOUR KEYS, NOT YOUR COINS
NOT YOUR KEYS, NOT YOUR WALLET. I don’t k ow how many times we can say this lol
All I can think about when I hear news like this is the episode of SpongeBob “ how many times do we have to tell you old man” about how if it’s not your keys it’s not your wallet. So once more, IF ITS NOT YOUR KEYS ITS NOT YOUR WALLET.
You guys know about the coin app? You either walk, cycle or drive to "mine" the coins. Then you cam covert those coins to XYO and send it to TRUST WALLET. I lost about 20k of them after not logging in for 1.5years. So yeah. It sucks. NOT YOUR KEYS, NOT YOUR CRYPTO. Anyway, there are some benefits to keeping them in an exchange too. It really depends. Just wish the FTX shit wont happen again
I can't say it louder. # NOT YOUR KEYS, NOT YOUR COINS
Lets hear it again "NOT YOUR KEYS NOT YOUR FUCKING CHEESE BRAHHHHHHH"
What if whoever is running your pool is a husband and wife. What if they divorce, and it's bitter. And one of them decides to burn it all down, and deliberately causes the pool to be slashed. Or what if a disgruntled employee who had root access on the server decides to be malicious. Or what if someone identifies an exploit that will result in a slashing, but they make more than 32 ETH either through the exploit or by external leverage (for example, screwing over an MEV bot with an equivocation... we already saw an example)... Or... The point is that your stake is "at stake", while someone might have "nothing at stake". You can invent innumerable ways this can happen. But hey... on the other side is 5% p/a. It's really up to you. Personally, I wouldn't touch a staking pool with a ten foot pole. Because NOT YOUR KEYS, NOT YOUR CRYPTO.
For the people in the back: NOT YOUR KEYS, NOT YOUR CRYPTO.
I can only scream... # NOT YOUR KEYS, NOT YOUR COINS
From my math, **5 or 6 lifetimes.** **DCA** and look away. **DYOR**, and **be sceptical** of everything. **Nobody** will give you crypto if you send them crypto first Nobody went broke **taking profits** Fall **in love** with new projects -- don't be **blinded w/hype** **NOT YOUR KEYS, NOT YOUR CRYPTO**
First and formost, you are now in charge of your own finances. There is litterally nothing backing you in terms of recovery. Second, invest in a cold wallet. No coinbase wallet or a "wallet" offered by traditional institutions. Third, "NOT YOUR KEYS, NOT YOUR CRYPTO". NEVER GIVE UP YOUR SECRET PHRASE. If you lose it, you loose EVERYTHING! No one can help you.
No change except my 16.5% 401k Match will go to MSTR and the ETF. NOT YO KEYS NOT YO CHEESE !
This thread is so clueless but emblematic of how dumb the crypto community is. Yes, it does mean that adoption is far away. Keeping your crypto secure is an arcane process for the average person. Hell, it's not easy for the average crypto user. You bring up elderly people being scammed, COULD YOU IMAGINE HOW BAD THEY WOULD BE SCAMMED IF THEY HAD PRIVATE KEYS??? lol come on man. You guys are so fucking clueless. It is not this easy to lose $700K any other way.
I’m not sure many understand this ( BlackRock, Fidelity, Arc. Invesco, etc..). All have to buy physical Bitcoin to back up their ETF this will need to be done soon to have their fund qualify Can you all not see the urgency or am I completely demented… The Bitcoin ETF is amazing for liquidity, but a Bitcoin ETF isn’t the same as owning coins. As the saying goes, “NOT TOUR KEYS = NOT TOUR COINS”
Also, it has never been their users money/coins. As we say and I am not going to get bored of screaming it: # NOT YOUR KEYS, NOT YOUR COINS
I will never get tired of screaming it: # NOT YOUR KEYS, NOT YOUR COINS
Look all of the middlemen and counterparty risk needs to be removed from the cryptosphere. No more surrendering your coins and keys to a third party chasing paltry yield. "NOT YOUR KEYS NOT YOUR COINS. We need to get rid of this centralized shit and get back to why crypto was invented, Censorship Resistance and Counterparty Risk from lending platforms and centralized exchanges. That's why Pulsechain, Pulsex and Hex were invented as the only truly decentralized Ecosystem in crypto and you can become a part of it at depressed prices. Transaction fees are as low .03 cents, that's right .03 cents instead of 100.00 on Etherium. Take control of your own future, don't trade and DCA now which is the best time while FUD is at a peak. As Warren Buffet says "be fearful when others are greedy and greedy when others are fearful" and that is now.
I don’t want to be seen as a shiller but cdc promote self custody, i moved my coins out if binance long time ago, I’m using the app and exchange for the daily needs, the rest are in a safe wallet, Craig doesn’t like that but that’s MY KEYS.
Repetitive but a must. # NOT YOUR KEYS, NOT YOUR COINS
Can’t sweat it enough but NOT YOUR KEYS, NOT YOUR HOUSE! Take note of this people!
Can’t sweat it enough but NOT YOUR KEYS, NOT YOUR HOUSE! Take note of situations like these people!
🤣🤣🤣🤣 only for fools….. NOT YOUR KEYS NOT YOUR COINS ! 💀
Well that's the golden sentence: NOT YOUR KEYS NOT YOUR COINS
You and everyone who upvoted your comment is missing a very important detail. **THE HARDWARE CAN GIVE YOUR KEYS OUT**. For a hardware wallet that should be impossible. That's the entire purpose of a hardware wallet. Who gives a shit what the software does. It can be hacked, it can have bugs, the authorities can mess with it, but **IT'S THE HARDWARE THAT KEEPS YOUR KEYS SAFE**. But as it turns out the hardware was never safe in the first place. That's the issue, not some software updates.
Remember people NOT YOUR KEYS NOT YOUR CRYPTO. Take this as a reminder to move your crypto off CEXs.
In a txt file "BITCOIN KEYS - IMPORTANT" on my google drive. Also on my t-shirt. Also tattoed on my forehead
Step 1. we are totally secure step 2. we "could" extract a users keys step 3. a 'rogue' engineer has extracted thousands of customer keys step 4. CEO resigns to go and live on an exotic beach *somehow* basically Ledger is and should be a dead company. Oh yeah DO NOT SEND YOUR HARDWARE KEYS BACK FOR A REFUND Data can be undeleted and Ledger 100% can then steal your crypto
Man, you still don't understand that you cannot OPT OUT OF A FUCKING HARDWARE CAPABILITY THAT YOU DON'T WANT TO HAVE AND THAT THEY LIED TO YOU BY SAYING THAT THE WALLET CANNOT EXPORT THE KEYS (ENCRYPTED OR NOT) NO MATTER HOW MANY FIRMWARE UPDATES YOU DO. This is a fukin hot wallet, being sold as a cold wallet, THAT'S THE PROBLEM. Fuck man, just think.
It’s kind of incredible that anyone including Ledger still thinks this issue is about the firmware update or the backup feature. Once and for all, the real issue REVEALED by this firmware/feature announcement is that YOUR PRIVATE KEYS (or equivalent) ARE EXTRACTABLE BY SOFTWARE from your Ledger, which was expected/assumed/marketed-by-Ledger to not be possible. As that now stands, Ledger now suddenly fails the definition of a “cold wallet” and that’s not just an oopsie, it’s fundamental to the user requirement.
You're missing the point. Keys should not be able to leave the device. Full stop. It's the point of a hardware wallet. The fact that they now have a service which can retrieve the keys from the device, means THAT THE KEYS CAN LEAVE THE DEVICE. Meaning someone can design a hack to retrieve the keys from the device. Meaning that it's no longer any different from a software wallet. Meaning that a lot of people are mad they paid money for a hardware wallet.
It’s not mentioned anywhere that it is possible. All they said was “there’s a new subscription service that allows you to back up your recovery phrase” and people have translated that to “LEDGER IS LEAKING YOUR KEYS DIRECTLY FROM THE DEVICE”.
ID-based key recovery service Eww it's a hardware wallet it should be as anonymous as possible imo, let alone trusting someone else with your KEYS
I will never get bored of repeating it if it means that one of the readers will be safe. ## NOT YOUR KEYS, NOT YOUR COINS
For all the people buying or thinking or holding crypto in Paypal. # NOT YOUR KEYS, NOT YOUR COINS
I have bad news for them... NOT YOUR KEYS NOT YOUR COINS
I am a fan of Kraken, they have a great UI, security is good and never had any issues. They also encourage self custody wallets. With that being said remember people NOT YOUR KEYS NOT YOUR CRYPTO!
This is unfortunate situation but this is a lesson to you and everybody to get a self custody wallet. NOT YOUR KEYS NOT YOUR CRYPTO Somebody did make a good point you should probably talk to a lawyer about the situation.
I will never get tired of repeating. #NOT YOUR KEYS, NOT YOUR COINS
MALARKEY! NEXT I SUPPOSE YOU WILL TELL ME NOT MY KEYS NOT MY COINS! xD
Remember people NOT YOUR KEYS NOT YOUR CRYPTO!
That's why they always said.. NOT YOUR KEYS, NOT YOUR COINS.
well, technically, keeps the KEYS to your crypto completely offline. your crypto still lives on the blockchain
I know it's repetitive but I think it helps more than it hurts. # NOT YOUR KEYS, NOT YOUR COINS
Etoro isnt a cex or even a stock broker its a mickey mouse club. The fees/spread are huge you DONOT OWN YOUR KEYS and its hard to transfer little amounts stay away from Etoro or lose a lot of money on fees alone.
