Ninjastic
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
bitebits
on 21/02/2025, 18:20:45 UTC
⭐ Merited by LFC_Bitcoin (3)
Quote from: fillippone on Today at 05:42:02 PM
Quote from: Biodom on Today at 05:34:49 PM
Quote from: fillippone on Today at 03:41:05 PM
Observing 97,395@Stamp

When everything is finally going on the right way, the news about a shitcoin casino make the round:

Quote

SOURCES CONFIRM BYBIT FACING SECURITY INCIDENT: ZACHXBT

<snip>Funds are not safu.
https://x.com/benbybit/status/1892963530422505586?s=46&t=ybCp3ydjDJA_wR_uVxrEgA

musked? is this a new verb?...reads like complete gibberish to me.

They tweaked the smart contract UI to display in the UI a different address (an approved one) while instead the funds were sent to another address.

I am discussing it here:

ByBit hacked for 1.4Bln. Funds are Safu?







Isn't that what hardware wallets are for? And this would imply they are using some centralized service for their multisig setup since it affected al cosigners. I am sure this is an advanced attack but I have a hard time believing this was a real multisig setup.