Brainwallet.com shut down permanently due to DefCon presentation showing high risk
Someone lost 50BTC (~$14k) by using a brainwallet with an empty string
Someone lost 50BTC (~$14k) by using a brainwallet with an empty string
What will happen to the coins that were deposited by Multiple users.
will Brainwallet open after some Time or it has turned into Scam?
I see i am able to log in..
should i remove my coins from there?
EDIT: I am unable to log-in Now.
What do you mean by Empty String?
Yes, it was announced before DefCon that they would be hacking brain wallets and advised everyone to get their coins out of their brainwallets.
Even if you think you're super smart in your pass phrase, it can be hacked easier than a private key.
paper wallets only for me for btc and ltc in a bank's safety deposit box...ONLY copies (in water proof bag in case bank sprinkler system kicks in for some reason) if the bank
gets hit by a metorite and/or it is loss well it will be proof the asic gods hate me and I guess I can move on.....
(jinxed self)
