

Brad Messier
3.8K posts

@KryptoBeard13
Girl dad. CEO of XDRIP. Building the security, ownership, and creator tools this industry is missing. Live with the team Tuesdays + Saturdays 1pm MST.





The next few years will bring a sharp increase in the amount of vulnerabilities found, systems breached, and data leaked. The importance of cold storage self custody for your bitcoin will become even more obvious.
















The root cause was a private key compromise. Keys were stored in a password manager accessible to a small number of people to handle chain maintenance and upgrades, without an additional encryption layer separate from the password manager.


Syndicate Labs experienced a security incident. A private key compromise enabled malicious upgrades to bridge contracts on two chains, moving ~18.5M SYND and ~$50,000 of tokens from customer chains. All impacted parties are being made whole. Details below ↓




