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Satoshi’s Bitcoin Wallets Might Get Hacked, Tether CEO Predicts
In a recent statement, Tether CEO, Paolo Ardoino, warned that the Bitcoin (BTC) wallets associated with Satoshi, the mysterious creator of the cryptocurrency, may be vulnerable to hacking if left unsecured. This comes as a surprise, considering the immense value held within those accounts.
As it stands, Satoshi’s current Bitcoin holdings amount to 1.1 million BTC, making them significantly richer than Microsoft co-founder Bill Gates. The speculation surrounding Satoshi’s identity has led to widespread curiosity about their potential whereabouts and financial status.
While opinions may vary regarding Satoshi’s existence or the likelihood of hacking these wallets, Ardoino emphasized the importance of securing personal cryptocurrency accounts. “It is crucial for users to protect their assets with robust security measures,” he stressed.
Meanwhile, in related news, a former Meta executive suggested that adding quantum-resistant addresses to Bitcoin would be a wise decision. This comes as quantum computing technology inches closer to reality, and such a move could help maintain the integrity of transactions.
In an interview, the expert stated that if there were any real threats to Bitcoin’s current address system, it would likely result in the addition of new types of addresses that are resistant to hacking through quantum computers. Any user who still has access to their wallet at that time will be able to move their coins to these new addresses.
The debate surrounding Satoshi’s existence and identity continues to be a hot topic within the crypto community.
Source: u.today
