It’s been two weeks since the hard fork on August 1, which formed a new network called Bitcoin Cash (BCH). As the days continue, BCH has garnered more support over the last two weeks from cryptocurrency-based businesses, exchanges and wallet providers.
Also Read: Panel Recommends Indian Government Take Immediate Steps to Stop Bitcoin Use…
October 2015, I was incarcerated and released not the long ago. I had totally forgot I had Bitcoins until I got my phone back from the evidence department or whatever they are called. At the time it was only worth about $ 4,500 (20 Bitcoins). I had $ 150 to my name when I got out. Now $ 40,000. Thanks Bitcoin.
A bitcoin ATM might seem unconventional, but it makes sense in Zug. The town of 30,000 has persistently attracted entrepreneurs who specialize in …
Google Alert – bitcoin
So I put a cable modem on Craigslist for $ 30 today. Some dude texts me and says, hey I'm Alex, I'm calling from a google phone so you need to type in "51" in the keypad to enter our conversation. I live in a pretty predominantly Mexican neighborhood so probably thought it was weird but not that abnormal. I get the call, typed in the 51 and then an automated voice said "your account activation is complete."
I knew it was a scam and I did it anyway, thought, whatever, let's just play this out and see, what's the worst that can happen. Suddenly I realize I have my google Authenticator tied to my cell phone and after reading up on the scam the guy just did, I find out it's a common way to register my phone number to google voice.
My heart starts pounding… if he has my phone spoofed and I just authorized something through google, did this motherfucker just steal all the info he needed to get in to my coinbase account? Was my computer infected and all he needed was those two extra pieces of info? I run downstairs to my PC and in a panic type in my password. "Invalid password." Oh fuck oh fuck oh fuck. I finally am able to log on to my coinbase account. Change the password, change the Authenticator, recover and remove my phone from google voice, and immediately send whatever bitcoin I had to my trezor. It should have been on it already but I was lazy three days ago when I got it and only had set it up and sent a test amount.
I try to send my bitcoin and my computer says I'm not logged in anymore, I think this mother fucker and I are battling over who is in my account and it's a race to get my f#*%ing coins off coinbase or its all gone. For good.
I finally am able to make it work, and sent my coins and waited. I verified the address and everything and the coins made it off the exchange. After about 5-10 minutes of cursing myself for being so stupid, and having the voice of many on this sub constantly and every day warning me about this shit, having a flashback about that guy who used a bunk Authenticator with Verizon customer service screwing him out of $ 8K I finally calmed down when I saw my trezor show the btc received.
I swear dudes. Listen to the people here, and don't be lazy. Educate yourselves and be careful.
Afterward I sent a email to coinbase support and explained what happened and that I still want to use their service but to let me know if I need to do anything else if I continue using my account to ensure it is secure.
After reading up on it now, I found out that the google Authenticator is tied to the device only that you set it up on and not the phone number, something I didn't know, and would have saved me probably a TON of anxiety today. I haven't felt like that in a long ass time.
Be vigilant and don't let laziness make your decisions or regrets for you.
Just recently Bitcoin.com reported on the two-year anniversary of Ross Ulbricht’s double life sentence for his involvement with the Silk Road marketplace. On May 31 a three-judge appellate panel denied Ulbricht’s sentence appeal while at the same time criticizing U.S. drug policies.
One downfall would b…
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