That $1.4 billion exchange breach? Could've been a whole different story with proper multisig infrastructure in place.
Diving into the forensics of this major security incident reveals some critical gaps in wallet architecture.
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GateUser-9ad11037
· 12-06 02:26
So it’s really just a case of not setting up multisig properly, and 1.4 billion is gone... It’s already 2024 and people are still making these rookie mistakes?
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GasFeeVictim
· 12-05 15:53
Multisig should have been widely adopted a long time ago. It's really outrageous that some exchanges still dare to operate without it.
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StablecoinArbitrageur
· 12-05 15:50
honestly multisig would've cut the loss by like 80% minimum. the forensics just show how catastrophically bad their wallet design was—literally basic risk management stuff. yet people still deploy billions into these janky setups lol
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YieldChaser
· 12-05 15:47
Multi-signature wallets are definitely not just for show—losing 140 million like this is truly unbelievable.
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LiquidityNinja
· 12-05 15:42
Multisig should have become widespread a long time ago. Are there still exchanges daring to go without it? That's absurd.
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FadCatcher
· 12-05 15:40
That's it? Multisig should have been standard a long time ago. It's already too late to discuss it now... $1.4 billion is just gone like that.
That $1.4 billion exchange breach? Could've been a whole different story with proper multisig infrastructure in place.
Diving into the forensics of this major security incident reveals some critical gaps in wallet architecture.