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Tag: hot wallets

  • Schneier on Security: North Korean Hackers Steal $1.5B in Cryptocurrency

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    by

    Kurt Seifried
    in

    Source URL: https://www.schneier.com/blog/archives/2025/02/north-korean-hackers-steal-1-5b-in-cryptocurrency.html Source: Schneier on Security Title: North Korean Hackers Steal $1.5B in Cryptocurrency Feedly Summary: It looks like a very sophisticated attack against the Dubai-based exchange Bybit: Bybit officials disclosed the theft of more than 400,000 ethereum and staked ethereum coins just hours after it occurred. The notification said the digital loot had…

  • Rekt: Phemex – Rekt

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    by

    Kurt Seifried
    in

    Source URL: https://www.rekt.news/phemex-rekt Source: Rekt Title: Phemex – Rekt Feedly Summary: When your hot wallets become 16 points of failure, $73M makes an expensive lesson in access control. From Ethereum to Solana, CEX Phemex just demonstrated how to turn multi-chain support into a masterclass in multi-chain mayhem. AI Summary and Description: Yes Summary: The text…