Crypto 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 tokens
-
Social engineering, they convinced multiple key holders to sign a transaction.
The weakest part of any secure system.
-
This post did not contain any content.
The money of the future ladies and gentlemen.
-
The money of the future ladies and gentlemen.
Even regular banks can be hacked, this isn't just a crypto issue.
-
This post did not contain any content.
Seriously, who calls their online banking type site bye bit?
Having said that, I'll just go ahead and assume their security was barely existent, as per usual. I wonder if their CTO was actually s music teacher too.
-
Seriously, who calls their online banking type site bye bit?
Having said that, I'll just go ahead and assume their security was barely existent, as per usual. I wonder if their CTO was actually s music teacher too.
This is the same hacker group that performed the Bangladesh Bank robbery, that attack the almost stole 1 billion, the only reason they got flagged was a typo. They did manage to steal 81 million though. Byebit does seem to have bad security though compared to Bangladesh bank.
-
System shared this topic on
