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Update: ByBit Hack Enabled By Lax Security At Gnosis Safe!

Update: ByBit Hack Enabled By Lax Security At Gnosis Safe!

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DeFi Education
Feb 28, 2025
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Update: ByBit Hack Enabled By Lax Security At Gnosis Safe!
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A forensic audit commissioned by ByBit, the cryptocurrency exchange which recently lost $1.4 billion worth of ETH in the highest value hack in history, contains two major surprises:

  • initial findings suggest the root cause of the attack is malicious code originating from [Gnosis] Safe{Wallet}’s AWS infrastructure

  • no indication of compromise …

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