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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

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Patrick Collins

112,936 subscribers

137,528 görüntüleme • 1 yıl önce •via X (Twitter)

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Patrick Collins profil fotoğrafı
Patrick Collins1 yıl önce

You can also view it on YouTube.

GraniteShares ETFs profil fotoğrafı
GraniteShares ETFs2 yıl önce

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

hansfriese 🟪 profil fotoğrafı
hansfriese 🟪1 yıl önce

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

Patrick Collins profil fotoğrafı
Patrick Collins1 yıl önce

ty ser <3

Luzius Meisser profil fotoğrafı
Luzius Meisser1 yıl önce

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 profil fotoğrafı
Patrick Collins1 yıl önce

@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 profil fotoğrafı
thiskidkills1 yıl önce

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 profil fotoğrafı
Delvir01 yıl önce

Awesome breakdown, especially how fast you made this

Blocks profil fotoğrafı
Blocks1 yıl önce

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 profil fotoğrafı
Patrick Collins1 yıl önce

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

fabriziogianni7_eth profil fotoğrafı
fabriziogianni7_eth1 yıl önce

Clear. But how they hacked the UI ?

Patrick Collins profil fotoğrafı
Patrick Collins1 yıl önce

Still unclear as of today

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