Executive Summary: In one of the largest thefts in digital asset history, hackers gained access to an offline Ethereum wallet and stole $1.5 billion worth of digital assets, primarily consisting of Ethereum tokens. The recent incident with Bybit marks a new phase in attack methods, featuring advanced techniques for manipulating user interfaces. Rather than just targeting protocol flaws, the attackers used clever social engineering to trick users, which led to the compromise of a major institutional multisig setup. This past July, Check Point’s Threat Intelligence Blockchain system identified and published a concerning pattern where attackers manipulate legitimate transactions through the […]
The post What the Bybit Hack Means for Crypto Security and the Future of Multisig Protection appeared first on Check Point Blog.
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