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ByBit Exchange Hack ($1.4B Transactions) - Security Researcher Explained 1. What the transaction did 2. How it could have (potentially) been prevented 3. How to spot this kind of transaction

137,154 次观看 • 1 年前 •via X (Twitter)

12 条评论

Patrick Collins 的头像
Patrick Collins1 年前

You can also view it on YouTube.

GraniteShares ETFs 的头像
GraniteShares ETFs2 年前

An investment in this ETF involves significant risk. Click here for more information.

hansfriese 🟪 的头像
hansfriese 🟪1 年前

Best breakdown of the Bybit hack and, more importantly, the solutions to prevent such incidents in the future.

Patrick Collins 的头像
Patrick Collins1 年前

ty ser <3

Luzius Meisser 的头像
Luzius Meisser1 年前

Nice explanation! When we built our own multisig @aktionariat, we consciously made it immutable (no upgradable proxy) and without support for delegatecalls. These are two additional design decisions that could have prevented the Bybit attack.

Patrick Collins 的头像
Patrick Collins1 年前

@aktionariat If the hackers managed to get users to sign bad transactions, it almost didn't matter what the architecture was. For your own multi-sig, it could have just been as easy as directly sending ETH in a multi-sig TX or something.

thiskidkills 的头像
thiskidkills1 年前

Watching that video pretty well sums up why ethereum will never be the new internet soon all will go to #ICP to spend their #BTC on porn, pop culture, poker, and politics sovereignty for the zeitgeist!

Delvir0 的头像
Delvir01 年前

Awesome breakdown, especially how fast you made this

Blocks 的头像
Blocks1 年前

First thing I did when I woke up to the news this morning was literally rush back and watch that video again while I pictured you doing this all day lmao 😂

Patrick Collins 的头像
Patrick Collins1 年前

It was worse with the hack this week where the users put their private key in the frontend.

fabriziogianni7_eth 的头像
fabriziogianni7_eth1 年前

Clear. But how they hacked the UI ?

Patrick Collins 的头像
Patrick Collins1 年前

Still unclear as of today

相关视频

This is exactly why YOU MUST GET A COLD STORAGE WALLET! 🥶 Learn from this horror story! I was contacted 1 hour ago by someone who was hacked and lost all their XRP TODAY, a total of 18,774 XRP valued at approximately $44,121. His Coinbase 🛡️ balance is now $0.00. His transaction history is wiped clean. He checked and can see that his XRP was sent to Bybit. Bybit’s suspicious transaction behavior is irregular at best, possibly hacking via AI. Check the videos posted below. 37 transactions per minute, several per second sometimes. All transactions are going IN except for the occasional large sum of XRP going OUT to another ByBit wallet. Check the Gemini transactions page to see what normal exchange behavior looks like. 1. Why would a wallet have so many transactions? 2250 transactions in 1h?? 2. Is there a legit reason? 3. How are all of the fractional transactions made? 4. How could so many transactions per min be done? 5. Is this an operation? One person? A company? A country? If you have an explanation for this transaction behavior, please let me know. Is ByBit responsible? Or are the real perpetrators just hiding behind their software? That would be for officials to figure out. Bybit seems to be the medium that is being used. Like the car in a bank robbery. ⚠️DO NOT RISK YOUR CRYPTO ON AN EXCHANGE OR WARM/HOT WALLET. ⚠️SELF CUSTODY IS A MUST. COLD WALLET STORAGE IS THE ONLY WAY TO SECURE YOUR CRYPTO! ⚠️IF ANYONE HAS ANY ADVICE TO HELP HIM RECOVER HIS LOST FUNDS PLEASE ADVISE! “I was pre rich and now I’m poor. I’m praying for IQD and VND to come through…” Tankstir

Ross

58,406 次观看 • 1 年前