With modern day computing power, the most resourceful and well powered computers we currently have would not be able to crack a Bitcoin wallet.... well not in an sort of reasonable time unless you can wait for millions of years.
The FBI was able to gain access to a payment server that was formerly controlled by Colonial Pipeline hackers 'DarkSide'. DarkSide had left information on the server that contained their bitcoin wallet and wallet passcode.
This payment server was based in the United States which allowed the FBI to gain a warrant.
This has caused a lot of FUD around the crypto space
.
Links:
https://www.nbcnews.com/tech/security/u-s-recovers-millions-pipeline-ransom-because-hackers-mistake-n1269889
https://krebsonsecurity.com/2021/05/darkside-ransomware-gang-quits-after-servers-bitcoin-stash-seized/
https://bitcoin.stackexchange.com/questions/2847/how-long-would-it-take-a-large-computer-to-crack-a-private-key#:~:text=A%20Bitcoin%20account%20is%20more,risk%20would%20be%20quantum%20computing.&text=A%20Bitcoin%20private%20key%20(ECC,practical%20purposes%20it's%20essentially%20infinite.
#crypto #cryptocurrency #technology #colonialhack #colonialpipeline
The FBI was able to gain access to a payment server that was formerly controlled by Colonial Pipeline hackers 'DarkSide'. DarkSide had left information on the server that contained their bitcoin wallet and wallet passcode.
This payment server was based in the United States which allowed the FBI to gain a warrant.
This has caused a lot of FUD around the crypto space
.
Links:
https://www.nbcnews.com/tech/security/u-s-recovers-millions-pipeline-ransom-because-hackers-mistake-n1269889
https://krebsonsecurity.com/2021/05/darkside-ransomware-gang-quits-after-servers-bitcoin-stash-seized/
https://bitcoin.stackexchange.com/questions/2847/how-long-would-it-take-a-large-computer-to-crack-a-private-key#:~:text=A%20Bitcoin%20account%20is%20more,risk%20would%20be%20quantum%20computing.&text=A%20Bitcoin%20private%20key%20(ECC,practical%20purposes%20it's%20essentially%20infinite.
#crypto #cryptocurrency #technology #colonialhack #colonialpipeline
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