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Roylicious posted:Alright found the link, looks like they did a typo and didn't get $1b but they did get $81m. Solved problem indeed. you're a moron what was exploited was someone got inside the bank and then used the bank's systems to authorize the bank to use SWIFT to send themselves money you know what happens with ~the blockchain~ replacing SWIFT? the exact same thing, except probably worse since there's no human going "hmm seems wrong" when they ask for 1b
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# ¿ Jun 22, 2016 01:19 |
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# ¿ May 14, 2024 11:04 |
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blowfish posted:In this regard, Germany is Bitcoin: The Cuntry. to be fair, historically speaking being worried the german government is coming for your freedoms has not been that crazy
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# ¿ Jun 23, 2016 03:27 |
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QuarkJets posted:This was notable because not only did the insurance company refuse to pay, but the insurance policy was written in such a way that they'd really never have to pay for any lost bitcoins; it only covered physical theft of money, not digital transfers. But Bitcoin can only be stolen digitally. So really the policy only covered whatever cash Bitpay might have had laying around in the office i remember reading that and the insurance company's interpretation was debatable insurance companies will contest any claim they possibly can on the most transparently bullshit reasons so i'm willing to give them a pass here
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# ¿ Aug 4, 2016 17:40 |