Whether it be centralized exchanges such as Binance, Kraken, and Coinbase, or decentralized protocols like Uniswap or Pancake swap, there is no shortage of options for buying, selling, and storing coins and tokens.However, this wasn’t always the case, and for a time, the number of options was severely limited.
The website began not as a crypto trading platform, but as a way for fans of the card game Magic The Gathering to trade cards with each other. Founder Jed McCaleb bought the domain name www.mtgox.com and intended to create a website called “Magic The Gathering Online Exchange” (hence MTGOX).
Multibit described itself as “a secure, lightweight, international Bitcoin wallet for Windows, MacOS and Linux.” The wallet was initially hosted on MultiBit.org. An attempt to access MultiBit today is met with the message, “Multibit is Deprecated - Do Not Use.”What happened to the Bitcoin wallet that was reported to have been downloaded 2 million times?
The Blockchain wallet is what is known as a "hybrid" wallet. This means that the company stores an encrypted version of your wallet's private key on their servers, but it does not store your password. This article documents a process you can use that may allow you to recover your password yourself.
A cross chain deposit is when you accidentally send one type of coin (such as Bitcoin) to a different type of coin's address (such as Bitcoin Cash). This often happens when sending funds between different ERC20 tokens or when a hard fork results in two crypto assets having the same format for their addresses. Cross chain transactions often happen between Bitcoin and Bitcoin Cash, as well as Ethereum and Ethereum Classic.
At Crypto Asset Recovery, we often hear the question "I created a Bitcoin account back in 2014, but I'm not sure where my wallet is. Can you help me find it?"In general, we can't find it for you. We would need access to too many of your accounts (email, dropbox, etc) and possibly your computers themselves.But, that said, with a little legwork there's a good chance you can find the account yourself.
Typically a wallet may store Bitcoin at a few of these addresses, but not all of them. However, all of the addresses are secured with the same password.If you have a qualifying wallet, you can extract the portion of the wallet responsible for authentication (the Master Key and the Salt) and a couple of the Bitcoin addresses which do not contain Bitcoin. We can then test passwords against the Master Key.
