Multisig would have been a good start for securing $500K.
I always assumed that "security minded" cryptocurrency people would have a good security model, but as this and the Lastpass breach shows, they don't practice what they preach. Also, love the deflection of blame to the Lastpass crypto thefts. If it was never stored there, it can't be from that.
I love how crypto is all about removing trust, and then the developers put all their trust in a single person.
Monero is a great cryptocurrency project and this is an unfortunate event. All the snarky comments are unnecessary. Monero is leading with the best cryptographers and researchers, pushing the dream Satoshi actually wanted.
I always assumed that "security minded" cryptocurrency people would have a good security model, but as this and the Lastpass breach shows, they don't practice what they preach. Also, love the deflection of blame to the Lastpass crypto thefts. If it was never stored there, it can't be from that.
I love how crypto is all about removing trust, and then the developers put all their trust in a single person.