King after the hacking of the Bybit wallet on Friday crypto currency The unit suffered near $ 14,000. This event, which brought with it much larger losses in Altcoins, was a trigger of collapse with a series of negative development. CZ scored the last update shared by Safe.
Safe coin drop
Decreasing 46 %in the last 1 month SAFE COIN It has increased its losses with today’s update. Although the name of the project means safety and security, it was shared that the infrastructure infiltrated the infrastructure and therefore the Bybit cold wallet was hacked. Binance founder CZ took this situation.
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Ftx Following his collapse, interest in the decentralized wallets that provided self -storage services increased. Users with their assets from the stock exchanges were safely protecting their assets in wallets under their control. However, when it turned out that the most famous of these wallets was not so much “safe ,, the CZ wrote;
Orum I usually try not to criticize other industry players, but I still do this once in a while.
This update of Safe is not that good. He uses an ambiguous language to overcome problems. After reading, I have more questions from the answers.
What does Safe {Wallet} to endanger the developer machine ”mean? How did they hack this special machine? Social engineering, virus, etc. ?
How did a developer’s access to an account operated by Bybit ”? Some codes were distributed directly from this developer machine to Prod?
How did they deceive the Ledger verification step in more than one signature? Was it a blind signing or did not signs make a proper verification?
Was the biggest address managed using Safe $ 1.4 billion? How did they not target others?
Other “Self-Custody, Multi-Sig” wallet providers and users can learn from this? ”
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
