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$1.4B was stolen in the Bybit hack, making it the largest crypto exploit to date. But could it have been avoided? In this video, jchetrit.eth shows how OpenZeppelin Safe Utils could have prevented the attack by ensuring users sign the correct transactions in Safe.eth 🔒

12,555 views • 1 year ago •via X (Twitter)

7 Comments

Gabriel Stoica's profile picture
Gabriel Stoica1 year ago

Great job, guys! But as I watch the demo, I’m starting to feel concerned that we might be overcomplicating things as an ecosystem. Consider non-crypto natives: apart from using a ledger (which isn’t very common), + safe, they'll also need an external app to double-check everything. I feel like we should focus more on researching ways to improve the foundation and eliminate the need for these additional layers.

Monethic - Web3 Cybersecurity's profile picture
Monethic - Web3 Cybersecurity1 year ago

Gm! Looking for a reputable web3 smart contract, L1/2 or dApp audit partner? We've got you covered! Contact us and see how we can help to strengthen your security posture. #web3 #audit #solana #rust #move #cosmos #substrate #solidity #ethereum #dApp

Oracle 🔮🕊's profile picture
Oracle 🔮🕊1 year ago

@josepchetrit12 @safe Great addition but ideally, HW wallets should cover this with verification flow instead of using yet another tool.

Samater's profile picture
Samater1 year ago

@josepchetrit12 @safe letsgoo Josep!

Joan's profile picture
Joan1 year ago

@josepchetrit12 @safe Massa maquina!

Ricard Borrell Pol's profile picture
Ricard Borrell Pol1 year ago

@josepchetrit12 @safe @josepchetrit12's tool could have prevented the Bybit $1.4B hack 🤯. Let's start using it now!

kotevcode's profile picture
kotevcode1 year ago

@josepchetrit12 @safe

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