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Posted: 2025-05-02 22:32:35 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-02 22:32:47 UTC
Verified By
Rollup News
Verichains helped uncover the cause of the $1.4 billion hack on Bybit's Safe Wallet, highlighting that Web3 security depends on both on-chain and traditional Web2 components.
Web3 security relies on both on-chain and Web2 components
Private keys, frontends, backends, and oracle data are vulnerable
The hack resulted in a $1.4 billion loss on Bybit's Safe Wallet
Vulnerabilities in Web2 components like private keys
Exploitation and manipulation of frontends and backends
Reliance on oracle data