Dumb contracts
FLASH's avatar FLASH
⚡️🚨ALERT: Bybit confirms a hack that emptied its ETH cold wallet ($1.4 billion). 🔍 What happened: -A transaction was signed from their ETH cold wallet to their warm wallet. -The interface displayed a correct address, but the actual transaction modified the logic of the smart contract. -The signatories validated without seeing that the hacker was taking control of the cold wallet. - All ETH were transferred to an unknown address. CEO Bybit reassures his users: no other wallet is affected and withdrawals are working normally.
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