So what actually happened during this ByBit-dominated week?
AI summary of the linked articleBybit lost about $1.4B in what is described as the largest crypto hack in history, and the article says the attack was traced to a compromised developer computer at Safe, a wallet provider, with North Korean hackers responsible. The article credits @zachxbt with first reporting suspicious activity on Bybit. @hasufl argued that Safe is at fault but Bybit also failed to follow best security practices, and @cass_on_mars, who is said to have worked at Coinbase, claimed Bybit used its cold wallet like a hot wallet. The article notes that @pcaversaccio promoted a script for checking Safe transaction hashes, and @OpenZeppelin then built a UI for it. |
2 comments macbudkowski.ethSubmitter Testing these X articles, and a recap format where I tried to connect the dots and links I saw on Kiwi in one short narrative. BTW you need to get an expensive subscription (about $40-50/mo) to even be able to post these X articles. |
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