21 BTCDMM Bitcoin (2024)
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In plain words
North Korean TraderTraitor hackers compromised a wallet-software vendor and manipulated a legitimate transfer: 4,502.9 BTC lost.
What happened
North Korean TraderTraitor hackers compromised a wallet-software vendor and manipulated a legitimate transfer: 4,502.9 BTC lost.
What happened to the coins
DMM replaced customers' bitcoin with group loans and later closed the exchange. Attribution: FBI, DC3 and Japan's NPA (Dec 2024).
See also
- Hardware walletA hardware wallet is a small device that keeps your private keys offline and signs transactions inside itself. Even if your computer is infected, the keys never leave the device.
- Seed phraseA seed phrase is a list of 12 or 24 ordinary words that can recreate all the keys of a wallet. Whoever has the words has the bitcoin, so write them on paper or metal and never type them into a website.
- Proof of reservesAn exchange's attempt to show it holds the customer coins it owes.
- Hot / cold walletHot: keys on an internet-connected device. Cold: keys kept offline.
References
- fbi.gov fbi.gov
- reuters.com reuters.com