Mazdak to TechnologyEnglish • 1 day agoCrypto exchange Bybit says a hacker took control of one of its cold Ethereum wallets, resulting in what analysts estimate was the loss of ~$1.5B worth of tokenswww.bloomberg.commessage-square33fedilinkarrow-up1176arrow-down11cross-posted to: [email protected]
arrow-up1175arrow-down1external-linkCrypto exchange Bybit says a hacker took control of one of its cold Ethereum wallets, resulting in what analysts estimate was the loss of ~$1.5B worth of tokenswww.bloomberg.comMazdak to TechnologyEnglish • 1 day agomessage-square33fedilinkcross-posted to: [email protected]
minus-squaresubversive_devlinkfedilinkEnglish51•edit-21 day agoMy speculations: “insecure from the start” - as in , the wallet was never that “cold” with that amount of money, it’s easy to imagine an “insider threat” the hackers could have gotten lucky and struck right when the company was doing legitimate operations on the wallet but probably it’s a towering mountain of incompetence, composed of the elements above and more
My speculations:
“insecure from the start” - as in , the wallet was never that “cold”
with that amount of money, it’s easy to imagine an “insider threat”
the hackers could have gotten lucky and struck right when the company was doing legitimate operations on the wallet
but probably it’s a towering mountain of incompetence, composed of the elements above and more
Room temperature wallet
Right next to their iq