Mazdak@lemmy.org to Technology@lemmy.worldEnglish · 7 days 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.comexternal-linkmessage-square45fedilinkarrow-up1250arrow-down11
arrow-up1249arrow-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@lemmy.org to Technology@lemmy.worldEnglish · 7 days agomessage-square45fedilink
minus-squareHappyTimeHarry@lemm.eelinkfedilinkEnglisharrow-up3·5 days agoSocial engineering, they convinced multiple key holders to sign a transaction.
minus-square🇦🇺𝕄𝕦𝕟𝕥𝕖𝕕𝕔𝕣𝕠𝕔𝕕𝕚𝕝𝕖@lemm.eelinkfedilinkEnglisharrow-up5·5 days agoThe weakest part of any secure system.
Social engineering, they convinced multiple key holders to sign a transaction.
The weakest part of any secure system.