Slow Mist Cosine: There are three main possibilities for Bitcoin asset theft: private key theft, phishing, and SIGHASH_NONE signature.
Slow Fog Founder Yu Xian wrote on X platform: "There are indeed many technical details about Bitcoin. If your Bitcoin assets (inscriptions/BRC-20, which are essentially BTC or UTXO, are only valuable assets engraved on specific sats) are stolen, there are three main possibilities:
- The mnemonic phrase/private key is stolen, or weak random numbers lead to cracking;
- Phishing scams are used to lure and send;
- Signatures such as SIGHASH_NONE are made, as mentioned before, which means that anyone can take away these assets."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Solana considers lattice-based scalability and quantum threat solutions to outpace Ethereum
Solana's network upgrades aim to optimize billions of accounts and secure against quantum advances.
Vitalik Buterin champions decentralized defense against AI risks
Buterin emphasizes decentralization in AI safety, advocating for defense-driven technologies over centralized control.
OCBC Offers Fractional Bond Tokens for Corporates Investors
Report: Telegram Handed Over User Data in 2,000 Cases in 2024
The company complied with 900 requests, impacting a total of 2,253 users between October and December.