Safe releases post-mortem update, CZ criticizes response
Referenced by
Safe, which was spun off from Gnosis, is the largest multi-signature wallet provider in DeFi, and released a statement from its Safe{Wallet} arm stating, “This attack targeted to the Bybit Safe was achieved through a compromised Safe{Wallet} developer machine resulting in the proposal of a disguised malicious transaction.”Safe clarified that the exploit compromised a single wallet and that Safe’s smart contracts remain unaffected.
Crypto news
Quote
Bybit concluded from the review that "the credentials of a Safe developer were compromised," which allowed the Lazarus hacking group to gain unauthorized access to the Safe wallet and subsequently deceive Bybit staff into signing the malicious transaction.
Crypto news
Quote
Binance founder Changpeng Zhao (CZ) took to social media to criticize Safe’s statement. “This update from Safe is not that great. It uses vague language to brush over the issues. I have more questions than answers after reading it.” said CZ.
Crypto news
Quote