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This is exactly why YOU MUST GET A COLD STORAGE WALLET! 🥶 Learn from this horror story! I was contacted 1 hour ago by someone who was hacked and lost all their XRP TODAY, a total of 18,774 XRP valued at approximately $44,121. His Coinbase 🛡️ balance is now... $0.00. His transaction history is wiped clean. He checked and can see that his XRP was sent to Bybit. Bybit’s suspicious transaction behavior is irregular at best, possibly hacking via AI. Check the videos posted below. 37 transactions per minute, several per second sometimes. All transactions are going IN except for the occasional large sum of XRP going OUT to another ByBit wallet. Check the Gemini transactions page to see what normal exchange behavior looks like. 1. Why would a wallet have so many transactions? 2250 transactions in 1h?? 2. Is there a legit reason? 3. How are all of the fractional transactions made? 4. How could so many transactions per min be done? 5. Is this an operation? One person? A company? A country? If you have an explanation for this transaction behavior, please let me know. Is ByBit responsible? Or are the real perpetrators just hiding behind their software? That would be for officials to figure out. Bybit seems to be the medium that is being used. Like the car in a bank robbery. ⚠️DO NOT RISK YOUR CRYPTO ON AN EXCHANGE OR WARM/HOT WALLET. ⚠️SELF CUSTODY IS A MUST. COLD WALLET STORAGE IS THE ONLY WAY TO SECURE YOUR CRYPTO! ⚠️IF ANYONE HAS ANY ADVICE TO HELP HIM RECOVER HIS LOST FUNDS PLEASE ADVISE! “I was pre rich and now I’m poor. I’m praying for IQD and VND to come through…” Tankstirshow more

Ross

10,913 subscribers

58,406 views • 1 year ago •via X (Twitter)

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10 Comments

Ross Morgan1 year ago

I hope this story helps you protect your crypto. I’ll repost my recommended cold wallet since I know I’m going to get the question. I just hope he recovers his funds and all of you protect your hard earned wealth.

Beverly Bonnie1 year ago

@coinbase He says his Trust wallet was hacked- what’s it connected to Coinbase? I don’t understand.

🇺🇲Smokingthetruth420💨1 year ago

@coinbase I looked into that app you talked about a few days ago called Trust Wallet. They don't have an option to transfer my xrp over to there from

Crovax88 🏴‍☠️ 🐦‍🔥1 year ago

@coinbase Coinbase account and Trust wallet are 2 different accounts. I can understand Coinbase being a security issue because it's an exchange But Trust wallet?? Either they stole it or they gave up their keys or passwords.

Ross Morgan1 year ago

@coinbase Trust is a hot wallet, very hackable.

Dyanna🌟Starr✝️🙏☮️MAGA1 year ago

@coinbase I had 800 xrp stolen in February by a hacker. Be very careful everyone!!

Shelly L Benham1 year ago

@coinbase 🚨BEWARE OF $CAMMER$ CLAIMING THEY CAN RECOVER!

Ross Morgan1 year ago

@coinbase 🎯

Ross Morgan1 year ago

rn4NgoLZJcpfrSLEVLUGCMoxbnkAoeHhxN Here is the wallet that the funds were sent to. If anyone else gets hacked, check this. You can check the transactions yourself on if you’re interested.

Mountainguy1 year ago

@coinbase Let me ask if u buy xrp on Coinbase and then transfer to a cold storage wallet is there a way they can hack ir cold storage wallet during a transfer? What is a safer alternative then to buying on Coinbase? Or just buy and transfer Hope that makes sense

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🚨IMPORTANT ANNOUNCEMENT FROM $ARMY 🚨 Let me tell you something. Yes, it's true. We reached 100M market cap a month ago, and now we're trying to make an important floor from which to bounce. Two months ago, we were barely at 1M market cap. The important thing about an asset is not how it behaves in the upswings, but its strength in the downswings. Our story is the story of $XRP. It's a story of redemption, of struggle, of feeling, of hard work. We've come a long way because of who we are, because of what we like to do, because of the toughness of the XRP $ARMY We will continue to work hard, day after day, just like Ripple has fought against the SEC for 7 years. We are XRP holders with diamond hands, accustomed to rowing when there's a storm. We are the XRP $ARMY, the token that represents the movement of XRP holders. Do you like XRP? This is your home. This is your place. We work to achieve greatness. A wise man once said that an asset shows its strength after recovering from several -80%. Every recovery that is made is another sign of strength. We have a listing on a Top 10 CEX on the way. It is almost time to launch it, right now during these holidays it is difficult to speed it up but everything is agreed: $ARMY will be listed on a top 10 exchange. And not only that, but we have many things prepared. If you like XRP, I highly recommend that you watch the attached video with sound. This is us. This is our fight. This is, definitely, your fight. We are not going to give up. We are not going to fall. The community is EVERYTHING, and there is nothing stronger than the XRP ARMY The golden age of XRP begins. We shall prevail. And by the way, we are delighted that there are token brothers who are bringing attention to XRP. Together we are stronger.

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20,940 views • 1 year ago

If you are holding your $XRP on an exchange, it belongs to the exchange. 🔴 If you are holding your $XRP in a cold wallet, it belongs to you. 🔒 Cold Wallet Tutorial! 👇 Versan | Black Swan Capitalist

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EDO FARINA 🅧 XRP

132,542 views • 1 year ago

Be aware, $XRP holders ⚠️ Self-proclaimed “cyber security experts” are now telling people to avoid using cold wallets. This is either the dumbest take of the year… or the most criminal. When you buy a cold wallet like Ledger, Trezor, or even a budget option, your crypto is not stored on the $25 device, it remains safely on the blockchain. The device securely stores your private keys, giving you full control and true ownership of your digital assets. On the other hand, keeping your crypto on an exchange means you don’t own the keys, the exchange does. That’s not real ownership, and history has shown how risky that can be (see Mt. Gox, FTX, etc.) As long as you secure your seed phrase, cold storage is by far the safest way to hold crypto. Let’s STOP the misinformation.

Be aware, $XRP holders ⚠️ Self-proclaimed “cyber security experts” are now telling people to avoid using cold wallets. This is either the dumbest take of the year… or the most criminal. When you buy a cold wallet like Ledger, Trezor, or even a budget option, your crypto is not stored on the $25 device, it remains safely on the blockchain. The device securely stores your private keys, giving you full control and true ownership of your digital assets. On the other hand, keeping your crypto on an exchange means you don’t own the keys, the exchange does. That’s not real ownership, and history has shown how risky that can be (see Mt. Gox, FTX, etc.) As long as you secure your seed phrase, cold storage is by far the safest way to hold crypto. Let’s STOP the misinformation.

EDO FARINA 🅧 XRP

140,275 views • 1 year ago

An interesting thought I had on my morning walk. Filters on their own are not effective to censor all spam from motivated attackers, that's true. But filters do make spam more prone to censorship at the mining pool level. Miners can get away with mining transactions that are used for illegal purposes because they have plausible deniability: they don't know what they are used for, they are "just including what's relayed" by the p2p network. But with many forms of spam, such as OP_RETURN, it is not so. They do not have plausible deniability. MARA is perfectly happy inscribing NFTs and non-standard troll OP_RETURNS via its slipstream service. Since they are legally low risk, it makes sense for them to profit from it. However, if I was to submit something really nasty like torrent links to child pornography (or child porn jpegs) or Mein Kampf (illegal in many countries) MARA could not plausibly deny that it is publishing and distributing illegal content. It’s right there in the OP_RETURN for everyone to see. Consequently they would probably not allow it. If they did, they would get in trouble. And it would be much easier for the content submitters to get caught. If nonstandard node relay software (i.e. libre relay) started being abused by pedophiles, its likely mining pools would just ban these types of higher-risk peers. Of course the pedophiles can always run their own mining pools and get a few transactions every month: bitcoin would remain censorship resistant if you are patient enough. But now, with relaxation of standardness rules and “filters” anybody can easily publish blatantly illegal content as OP_RETURNS and get it relayed to a mining pool in a more censorship-resistant way, cheaper and more effective. Good? Bad? It's possible mining pools are going to have no choice but to develop software that analyzes transaction OP_RETURN to assess what they will publish or not. They may develop content moderation policies, because the illegality of the OP_RETURN content will be blatant and they will have no plausible deniability. I'm honestly pleasantly surprised that miners haven't already done this for obviously "higher risk" transactions like coinjoin. However coinjoin transactions are not illegal per se, and there is very wide international support for financial privacy. Not so for child porn. Once miners start developing software to moderate what transactions go in the blockchain, a Pandora's box is opened: if you can easily filter transactions that have illegal data in the OP_RETURN, why are you allowing whirlpool tx0? Why are you allowing coinjoins? Why are you allowing sanctioned addresses? Ironically, the attempt at making spam transactions less prone to censorship might make economic transactions more prone to censorship. Bitcoin is censorship resistant from a network perspective because anybody can mine anonymously. This censorship resistance is compounded when large centralized mining pools and mining farms have plausible deniability that the transactions they mine aren't blatantly illegal because they are anonymous (“there is no way to know”). The more mining is centralized, the more this component of censorship resistance matters. Non-monetary content puts that aspect at risk. I'm not sure I’m right, but I don't think this idea has been widely discussed. The only thing that can prevent certain txs formats (i.e. the low hanging fruit spam vectors like OP_RETURN) from making it into the chain is consensus rules. Yes I'm aware spammers will always find a way to get spam in eventually. It would be sad to see fork-level consensus to ban OP_RETURN entirely, because there are reasonable harm-reducing use cases for it (e.g. open timestamps). We are nowhere near consensus on restriction spam vectors at a consensus level, not even close. But who knows after 10 years of child porn being distributed via the Bitcoin network nodes and miners both will have had enough. It would be interesting to watch this play out.

An interesting thought I had on my morning walk. Filters on their own are not effective to censor all spam from motivated attackers, that's true. But filters do make spam more prone to censorship at the mining pool level. Miners can get away with mining transactions that are used for illegal purposes because they have plausible deniability: they don't know what they are used for, they are "just including what's relayed" by the p2p network. But with many forms of spam, such as OP_RETURN, it is not so. They do not have plausible deniability. MARA is perfectly happy inscribing NFTs and non-standard troll OP_RETURNS via its slipstream service. Since they are legally low risk, it makes sense for them to profit from it. However, if I was to submit something really nasty like torrent links to child pornography (or child porn jpegs) or Mein Kampf (illegal in many countries) MARA could not plausibly deny that it is publishing and distributing illegal content. It’s right there in the OP_RETURN for everyone to see. Consequently they would probably not allow it. If they did, they would get in trouble. And it would be much easier for the content submitters to get caught. If nonstandard node relay software (i.e. libre relay) started being abused by pedophiles, its likely mining pools would just ban these types of higher-risk peers. Of course the pedophiles can always run their own mining pools and get a few transactions every month: bitcoin would remain censorship resistant if you are patient enough. But now, with relaxation of standardness rules and “filters” anybody can easily publish blatantly illegal content as OP_RETURNS and get it relayed to a mining pool in a more censorship-resistant way, cheaper and more effective. Good? Bad? It's possible mining pools are going to have no choice but to develop software that analyzes transaction OP_RETURN to assess what they will publish or not. They may develop content moderation policies, because the illegality of the OP_RETURN content will be blatant and they will have no plausible deniability. I'm honestly pleasantly surprised that miners haven't already done this for obviously "higher risk" transactions like coinjoin. However coinjoin transactions are not illegal per se, and there is very wide international support for financial privacy. Not so for child porn. Once miners start developing software to moderate what transactions go in the blockchain, a Pandora's box is opened: if you can easily filter transactions that have illegal data in the OP_RETURN, why are you allowing whirlpool tx0? Why are you allowing coinjoins? Why are you allowing sanctioned addresses? Ironically, the attempt at making spam transactions less prone to censorship might make economic transactions more prone to censorship. Bitcoin is censorship resistant from a network perspective because anybody can mine anonymously. This censorship resistance is compounded when large centralized mining pools and mining farms have plausible deniability that the transactions they mine aren't blatantly illegal because they are anonymous (“there is no way to know”). The more mining is centralized, the more this component of censorship resistance matters. Non-monetary content puts that aspect at risk. I'm not sure I’m right, but I don't think this idea has been widely discussed. The only thing that can prevent certain txs formats (i.e. the low hanging fruit spam vectors like OP_RETURN) from making it into the chain is consensus rules. Yes I'm aware spammers will always find a way to get spam in eventually. It would be sad to see fork-level consensus to ban OP_RETURN entirely, because there are reasonable harm-reducing use cases for it (e.g. open timestamps). We are nowhere near consensus on restriction spam vectors at a consensus level, not even close. But who knows after 10 years of child porn being distributed via the Bitcoin network nodes and miners both will have had enough. It would be interesting to watch this play out.

FRANCIS - BULLBITCOIN.COM

18,041 views • 10 months ago

AI agents can't make transactions, which really bottlenecks their capabilities By giving them a secure embedded wallet, they're able to execute transactions with approval, and actually act autonomously! Are you ready for the world where your financial transactions are done on your behalf?

AI agents can't make transactions, which really bottlenecks their capabilities By giving them a secure embedded wallet, they're able to execute transactions with approval, and actually act autonomously! Are you ready for the world where your financial transactions are done on your behalf?

andre --dangerously-skip-permissions

11,698 views • 1 year ago

⚡️#Avive MPC wallet, powered by @Biconomy, is about to launch! 🔥 🧬Experience the future of #blockchain with gasless transactions, simplified UX, and easy self-custody. 👇Check out our video to see how gasless transactions work! #BiconomySDK

⚡️#Avive MPC wallet, powered by @Biconomy, is about to launch! 🔥 🧬Experience the future of #blockchain with gasless transactions, simplified UX, and easy self-custody. 👇Check out our video to see how gasless transactions work! #BiconomySDK

Avive World

158,008 views • 2 years ago

XRP is working to capture 14% of the swifts global transactions! #crypto

XRP is working to capture 14% of the swifts global transactions! #crypto

Coach, JV

30,853 views • 1 year ago

Yesterday, I posted a long article on how to protect your wallet from hacks. There I promised to create a website where anyone will be able to revoke delegation with a sponsored transaction. When is this revocation effective? • If you believe that your wallet's private key or seed phrase is not compromised anyhow, neither your system is compromised but still it drains ERC20 tokens as well as gas balance instantly. Only in this case, you should try revoking the hacker's existing delegation. Now your question is during revoking there is need of gas fee in the compromised wallet but once you send the gas fee it gets drained then how can you revoke? • That is why I created this website where you need to generate a wallet address and send some gas fee in this wallet address (not in the compromised wallet) and this wallet will then pay the gas fee on behalf of your compromised wallet. 🔗 Website link : Later, you can withdraw all the remaining gas fee from this temporary wallet as well. But if you see that even after revoking the hacker again re-delegated it to his wallet or contract, then it is most likely a seed phrase or private key compromise. You should try to revoke max 3 to 5 times, if the hacker is not re-delegating then you should send a little gas fee in your compromised wallet, if this gas fee does not get drained now then you can think that your wallet is safe.

Yesterday, I posted a long article on how to protect your wallet from hacks. There I promised to create a website where anyone will be able to revoke delegation with a sponsored transaction. When is this revocation effective? • If you believe that your wallet's private key or seed phrase is not compromised anyhow, neither your system is compromised but still it drains ERC20 tokens as well as gas balance instantly. Only in this case, you should try revoking the hacker's existing delegation. Now your question is during revoking there is need of gas fee in the compromised wallet but once you send the gas fee it gets drained then how can you revoke? • That is why I created this website where you need to generate a wallet address and send some gas fee in this wallet address (not in the compromised wallet) and this wallet will then pay the gas fee on behalf of your compromised wallet. 🔗 Website link : Later, you can withdraw all the remaining gas fee from this temporary wallet as well. But if you see that even after revoking the hacker again re-delegated it to his wallet or contract, then it is most likely a seed phrase or private key compromise. You should try to revoke max 3 to 5 times, if the hacker is not re-delegating then you should send a little gas fee in your compromised wallet, if this gas fee does not get drained now then you can think that your wallet is safe.

Zun

107,825 views • 10 months ago

💙Your Wallet, Your Rules. Xaman is self-custodial—no one can freeze your funds, block your transactions, or limit your access. 🌎A feature-complete $XRP Ledger experience, fast transactions, and minimal fees for anyone, anywhere. Stay tuned for more deep dives coming soon.

💙Your Wallet, Your Rules. Xaman is self-custodial—no one can freeze your funds, block your transactions, or limit your access. 🌎A feature-complete $XRP Ledger experience, fast transactions, and minimal fees for anyone, anywhere. Stay tuned for more deep dives coming soon.

Xaman® Wallet 🪝

66,791 views • 1 year ago