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  4. Ethereum time-bomb one tick over the line: 32$ million burgled

Ethereum time-bomb one tick over the line: 32$ million burgled

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  • B Offline
    B Offline
    BillWoodruff
    wrote on last edited by
    #1

    Quote:

    (Kitco News) -In a massive security breach on Wednesday, hackers got their hands on 153,000 units of cryptocurrency ethereum, worth around $32.6 million. This was the biggest theft of the cryptocurrency so far and comes just a couple day after $7 million worth ethereum was stolen.

    [^]

    «Differences between Big-Endians, who broke eggs at the larger end, and Little-Endians gave rise to six rebellions: one Emperor lost his life, another his crown. The Lilliputian religion says an egg should be broken on the convenient end, which is now interpreted by the Lilliputians as the smaller end. Big-Endians gained favor in Blefuscu.» J. Swift, 'Gulliver's Travels,' 1726CE

    M 1 Reply Last reply
    0
    • B BillWoodruff

      Quote:

      (Kitco News) -In a massive security breach on Wednesday, hackers got their hands on 153,000 units of cryptocurrency ethereum, worth around $32.6 million. This was the biggest theft of the cryptocurrency so far and comes just a couple day after $7 million worth ethereum was stolen.

      [^]

      «Differences between Big-Endians, who broke eggs at the larger end, and Little-Endians gave rise to six rebellions: one Emperor lost his life, another his crown. The Lilliputian religion says an egg should be broken on the convenient end, which is now interpreted by the Lilliputians as the smaller end. Big-Endians gained favor in Blefuscu.» J. Swift, 'Gulliver's Travels,' 1726CE

      M Offline
      M Offline
      Marc Clifton
      wrote on last edited by
      #2

      :cool: All they have to do is add a new block replacing all the stolen "currency." It's all just vapor-money anyways. ;) Marc

      Latest Article - Create a Dockerized Python Fiddle Web App Learning to code with python is like learning to swim with those little arm floaties. It gives you undeserved confidence and will eventually drown you. - DangerBunny Artificial intelligence is the only remedy for natural stupidity. - CDP1802

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      • M Marc Clifton

        :cool: All they have to do is add a new block replacing all the stolen "currency." It's all just vapor-money anyways. ;) Marc

        Latest Article - Create a Dockerized Python Fiddle Web App Learning to code with python is like learning to swim with those little arm floaties. It gives you undeserved confidence and will eventually drown you. - DangerBunny Artificial intelligence is the only remedy for natural stupidity. - CDP1802

        B Offline
        B Offline
        BillWoodruff
        wrote on last edited by
        #3

        Marc Clifton wrote:

        It's all just vapor-money anyways

        What money is not vapor ? :wtf:

        «Differences between Big-Endians, who broke eggs at the larger end, and Little-Endians gave rise to six rebellions: one Emperor lost his life, another his crown. The Lilliputian religion says an egg should be broken on the convenient end, which is now interpreted by the Lilliputians as the smaller end. Big-Endians gained favor in Blefuscu.» J. Swift, 'Gulliver's Travels,' 1726CE

        K M 2 Replies Last reply
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        • B BillWoodruff

          Marc Clifton wrote:

          It's all just vapor-money anyways

          What money is not vapor ? :wtf:

          «Differences between Big-Endians, who broke eggs at the larger end, and Little-Endians gave rise to six rebellions: one Emperor lost his life, another his crown. The Lilliputian religion says an egg should be broken on the convenient end, which is now interpreted by the Lilliputians as the smaller end. Big-Endians gained favor in Blefuscu.» J. Swift, 'Gulliver's Travels,' 1726CE

          K Offline
          K Offline
          Kaladin
          wrote on last edited by
          #4

          Money that exists in a solid form such as gold or paper ;)

          B 1 Reply Last reply
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          • B BillWoodruff

            Marc Clifton wrote:

            It's all just vapor-money anyways

            What money is not vapor ? :wtf:

            «Differences between Big-Endians, who broke eggs at the larger end, and Little-Endians gave rise to six rebellions: one Emperor lost his life, another his crown. The Lilliputian religion says an egg should be broken on the convenient end, which is now interpreted by the Lilliputians as the smaller end. Big-Endians gained favor in Blefuscu.» J. Swift, 'Gulliver's Travels,' 1726CE

            M Offline
            M Offline
            Marc Clifton
            wrote on last edited by
            #5

            BillWoodruff wrote:

            What money is not vapor ?

            Yes, but cryptocurrency is the distilled vapor of swamp vapor. ;) Marc

            Latest Article - Create a Dockerized Python Fiddle Web App Learning to code with python is like learning to swim with those little arm floaties. It gives you undeserved confidence and will eventually drown you. - DangerBunny Artificial intelligence is the only remedy for natural stupidity. - CDP1802

            B 1 Reply Last reply
            0
            • K Kaladin

              Money that exists in a solid form such as gold or paper ;)

              B Offline
              B Offline
              BillWoodruff
              wrote on last edited by
              #6

              The "money" of the Yap islanders, "rai," was gigantic stones which could weigh over 8k pounds: too heavy to be moved, records of ownership were maintained in oral histories.

              Quote from Wikipedia:

              The extrinsic (perceived) value of a specific stone is based not only on its size and craftsmanship, but also on its history. If many people—or no one at all—died when the specific stone was transported, or a famous sailor brought it in, the value of the rai stone increases by reason of its anecdotal heft.

              For centuries in S.E. Asia, cowrie shells were "money." "Money" is what people believe has value, what people act as if has value: i.e., it's a cultural construct often loosely coupled to goods (objects, people, land, animals, etc.), and services. Of course rare goods are often a basis for money, as with: gold, jewels, virgins, etc. imho ... :)

              «Differences between Big-Endians, who broke eggs at the larger end, and Little-Endians gave rise to six rebellions: one Emperor lost his life, another his crown. The Lilliputian religion says an egg should be broken on the convenient end, which is now interpreted by the Lilliputians as the smaller end. Big-Endians gained favor in Blefuscu.» J. Swift, 'Gulliver's Travels,' 1726CE

              1 Reply Last reply
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              • M Marc Clifton

                BillWoodruff wrote:

                What money is not vapor ?

                Yes, but cryptocurrency is the distilled vapor of swamp vapor. ;) Marc

                Latest Article - Create a Dockerized Python Fiddle Web App Learning to code with python is like learning to swim with those little arm floaties. It gives you undeserved confidence and will eventually drown you. - DangerBunny Artificial intelligence is the only remedy for natural stupidity. - CDP1802

                B Offline
                B Offline
                BillWoodruff
                wrote on last edited by
                #7

                Marc Clifton wrote:

                Yes, but cryptocurrency is the distilled vapor of swamp vapor.

                Too heady a stuff for me, for sure. Living long-term in Asia, I've come to put my faith in physical gold, and edible food :) cheers, Bill

                «Differences between Big-Endians, who broke eggs at the larger end, and Little-Endians gave rise to six rebellions: one Emperor lost his life, another his crown. The Lilliputian religion says an egg should be broken on the convenient end, which is now interpreted by the Lilliputians as the smaller end. Big-Endians gained favor in Blefuscu.» J. Swift, 'Gulliver's Travels,' 1726CE

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