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by rdl
892 days ago
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A lot of them -- the whole "phishing" thing happens to crypto users with regularity, and often for surprisingly large amounts. Usually not the single-victim/cause $100mm+ hacks, but lots of $1-5mm losses. The "new" fun thing is creating spoofed addresses where first 4 and last 4 characters match a target, but are controlled by attacker, but variations on getting users to initiate transfers to the wrong address are pretty common. Crypto gets a few things really right, and can do some things which can't be done by tradfi, but has a huge number of problems which need to be solved (some are "open problems" which don't really have solutions yet; some are taking what the top 0.1% of people or what people do some amount less than 100% of the time and making it universal, which is mostly what I am doing now as CSO at a crypto insurance company.) |
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