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Fortunately (for niche podcasters such as ourselves), more detail has been published about just how the ByBit hack happened.
The story now turns to Safe{Wallet} - ByBit’s multisig wallet provider. After getting access to a developer’s laptop, Lazarus pivots through the cloud to put a transaction in front of ByBit. The cloud you say?!? AWS? S3? API tokens? Javascript?? We know these words! You’d be excused if you thought this was Web2 😏
The upshot though - it turns out, what you see isn’t always what you get.
Bonus - This episode kicks off with a discussion of a disputed market resolution on Kalshi, Polymarkets primary (non-crypto) competitor. Call your Grade 10 English teacher, because we’re about to Compare and Contrast. Is the grass greener? Maybe not, but don’t use that cliche in your essay.
Fortunately (for niche podcasters such as ourselves), more detail has been published about just how the ByBit hack happened.
The story now turns to Safe{Wallet} - ByBit’s multisig wallet provider. After getting access to a developer’s laptop, Lazarus pivots through the cloud to put a transaction in front of ByBit. The cloud you say?!? AWS? S3? API tokens? Javascript?? We know these words! You’d be excused if you thought this was Web2 😏
The upshot though - it turns out, what you see isn’t always what you get.
Bonus - This episode kicks off with a discussion of a disputed market resolution on Kalshi, Polymarkets primary (non-crypto) competitor. Call your Grade 10 English teacher, because we’re about to Compare and Contrast. Is the grass greener? Maybe not, but don’t use that cliche in your essay.