MyCrypto CEO: QuadrigaCX May Not Have Ethereum Cold Wallet, Where’s the Missing $150m?

Taylor Monahan, the founder and CEO of MyCrypto, one of the most widely utilized non-custodial wallets in crypto, has said that QuadrigaCX may never have had an Ethereum cold wallet. Crypto Wallet CEO Raises Questions about QuadrigaCX’s Claims After evaluating three main Ethereum addresses used by QuadrigaCX, Monahan said that all of the addresses were likely owned by customers, not by the exchange. 2016: 0x0ee4e2d (blue)Biggest outgoing TXs go to:– A Bitfinex Deposit Address #1 (red)– 0x027beef (green)– 0xb6aac (purple) pic.twitter.com/jsPOnIADGI — Taylor Monahan (@tayvano_) February 4, 2019 “Based o the actions via ShapeShift, I can only assume they were

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Billionaire Hedge Fund Mogul George Soros Warns That the US-China ‘Cold War’ Could Escalate Into a ‘Hot One’

By CCN.com: Billionaire hedge funder George Soros has warned that the ‘cold war’ consuming the United States and China could get ugly. Speaking in Davos, Switzerland on the sidelines of the World Economic Forum (WEF), the chairman of hedge fund Soros Fund Management said things could get nasty as the world’s two biggest economies stay

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Cold wallet made out of a chain

Cold wallet made out of a chain

I used a stainless steel chain to encode my 24 words master seed. Since a 24 word seed requires 24*11 = 264 bits, the chain must have 264 links. My chain is approximately 12 feet long (3.7 meters). Each link is either pinched/twisted (binary 1) or normal (binary 0). The decoding requires going through all the links, every 11 links (11 bits) you get a word. It's a PITA to decode but it's a cold wallet, so I don't expect to do it very often. I don't even bother to remember the start link nor which type of link is a binary 1 or 0 since there are at most 4 ways to decode the chain (two directions and for each direction two different interpretation of the link).

A test recovery on a HW is mandatory before declaring the chain a proper cold wallet 🙂

The chain can be buried or hidden somewhere, it's not that big. It is waterproof, fireproof and do not oxidize.

What do you think? does it make any sense? How would you mark the links? (pinching, denting, twisting, welding the link somehow, etc…)

Here my chain wallet, yes, it's just a picture of a chain (yet to be encoded!!!)

https://i.redd.it/uyxo7n0f4kn11.png

submitted by /u/gbitg
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