{"id":132717,"date":"2020-12-14T03:04:58","date_gmt":"2020-12-14T00:04:58","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bitcoin-never-gets-hacked-crypto-players-respond-to-us-treasury-breach\/"},"modified":"2020-12-14T03:04:58","modified_gmt":"2020-12-14T00:04:58","slug":"bitcoin-never-gets-hacked-crypto-players-respond-to-us-treasury-breach","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bitcoin-never-gets-hacked-crypto-players-respond-to-us-treasury-breach\/","title":{"rendered":"# &#8216;Bitcoin never gets hacked&#8217; \u2014 crypto players respond to US Treasury breach"},"content":{"rendered":"<p>&#8220;<strong># &#8216;Bitcoin never gets hacked&#8217; \u2014 crypto players respond to US Treasury breach<br \/>\n<\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjAtMTIvNzA1MTE5ZGEtMTVjZC00MTE0LTkzYzMtMTRmMmZiOTRiNTVhLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>\nCrypto players were quick to respond to the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> that hackers breached the U.S. Treasury Department.<\/p>\n<p>According to a report from Reuters, a \u201csophisticated hacking group\u201d backed by a foreign government \u2014 reportedly Russia, according to three people familiar with the investigation \u2014 was able to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.reuters.com\/article\/us-usa-cyber-amazon-com-exclsuive\/exclusive-u-s-treasury-breached-by-hackers-backed-by-foreign-government-sources-idUSKBN28N0PG\" data-amp=\"https:\/\/mobile-reuters-com.cdn.ampproject.org\/c\/s\/mobile.reuters.com\/article\/amp\/idUSKBN28N0PG\">breach<\/a> the U.S. Treasury Department as well as the National Telecommunications and Information Administration, or NTIA, with the Department of Commerce. <\/p>\n<p>The incident h<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ened less than a month after Donald Trump <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2020\/11\/17\/trump-says-us-cybersecurity-chief-chris-krebs-has-been-terminated.html\" data-amp=\"https:\/\/www-cnbc-com.cdn.ampproject.org\/c\/s\/www.cnbc.com\/amp\/2020\/11\/17\/trump-says-us-cybersecurity-chief-chris-krebs-has-been-terminated.html\">fired<\/a> Department of Homeland Security cybersecurity chief Chris Krebs. However, Reuters stated that the hackers had been monitoring NTIA staff emails run on Microsoft\u2019s Office 365 \u201cfor months.\u201d Other government agencies may also have been breached, but sources did not provide additional details. <\/p>\n<p>In response to the attack on such a powerful government agency, crypto players pointed out the advantages of Bitcoin (BTC).<\/p>\n<p>&#8220;Bitcoin never gets hacked,&#8221;\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/danheld\/status\/1338208923837288448\">said<\/a>\u00a0Kraken&#8217;s head of business Dan Held on <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a>. Bitcoin bull Anthony \u201cPomp\u201d Pompliano\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/APompliano\/status\/1338207467596025863\">echoed<\/a>\u00a0Held&#8217;s sentiment, saying\u00a0&#8220;Bitcoin has never been hacked.&#8221;<\/p>\n<p>Blockfolio took aim at the NTIA\u2019s cybersecurity, implying the agency used dated algorithms for its cryptographic security: <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Bitcoin means trusting a SHA256 algorithm more than the U.S Treasury.<\/p>\n<p>\u2014 Blockfolio (@blockfolio) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/blockfolio\/status\/1338224102998466564?ref_src=twsrc%5Etfw\">December 13, 2020<\/a>\n<\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>It\u2019s unclear whether any funds have been compromised as a result of the breach. At the time of publication, the hack seems to be limited to information potentially stolen from government agencies\u2019 emails. <\/p>\n<p>\u201cJokes on them,\u201d <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/tayvano_\/status\/1338234981760475136\">said<\/a> MyCrypto founder and CEO Taylor Monahan. \u201cThe treasury&#8217;s already been hacked by internal actors.\u201d The statement may reflect the United States government printing more money in 2020 than for nearly entirety of the country&#8217;s existence.<\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/bitcoin-never-gets-hacked-crypto-players-respond-to-us-treasury-breach\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# &#8216;Bitcoin never gets hacked&#8217; \u2014 crypto players respond to US Treasury breach &#8221; Crypto players were quick to respond to the news that hackers breached the U.S. Treasury Department. According to a report from Reuters, a \u201csophisticated hacking group\u201d backed by a foreign government \u2014 reportedly Russia, according to three people familiar with the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":132718,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2020-12\/705119da-15cd-4114-93c3-14f2fb94b55a.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74882,75269,70944,70934,67874],"class_list":["post-132717","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-hacks","tag-us-government","tag-hackers","tag-regulation","tag-united-states"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/132717","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=132717"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/132717\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/132718"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=132717"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=132717"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=132717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}