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by ttyprintk 474 days ago
ByBit heard of n-of-m.
1 comments

Shame they trusted information they read in a web browser rather than verifying it on an independent offline device....

The average bitcoiner pleb with a single air-gapped signing device has better security.

It was a rookie error, helped by the overly complex nature of Ethereum.

That's my point. It reminds me of when the greatest smart contract writers in the world got "hacked" by what was in the retrospect, a rookie error. We now have ETH and ETC which no one at the time (I'm a former miner) would have thought was possible.
"Smart" != common sense.

K.I.S.S., especially when it comes to money.

Tick tock, next block...