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Ray

@RayMummi

Explorer in life and crypto maniac in web3. I share cool stuff in blockchain. @CipherBC

NewYork, US Katılım Nisan 2023
9 Takip Edilen6 Takipçiler
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CipherBC
CipherBC@CipherBC·
Bitrefill, one of the largest crypto e-commerce platforms, just disclosed a cyberattack that took place on March 1. The entry point was a compromised employee laptop. From there, attackers exfiltrated a legacy credential, used it to access production secrets, transferred funds from hot wallets, and exposed 18,500 purchase records containing email addresses, payment addresses, and IP addresses. Bitrefill hasn't disclosed the total financial impact but says it will absorb the losses from operational capital. The company's investigation found strong similarities with past operations by North Korea's Lazarus Group, also known as Bluenoroff, based on malware signatures, on-chain tracing, and reused attacker infrastructure. Credit to Bitrefill for the transparency with a detailed incident report, direct user notifications, and immediate steps to tighten access controls and monitoring. That accountability matters, but the attack pattern is familiar. Bybit's $1.5 billion loss last year also started with a compromised laptop. The attack surface keeps shifting from protocols to people and the operational layers around them. MPC custody architecture addresses this structurally ➝ key shares distributed across isolated environments, signing that never reconstructs the full key, and role-based approval flows that prevent any single point of compromise from reaching the vault. Visit CipherBC's website to learn more about our MPC-powered custody solutions. #CryptoSecurity #MPCWallet #CryptoCustody #DigitalAssets #InstitutionalCrypto #Cybersecurity
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Ray retweetledi
CipherBC
CipherBC@CipherBC·
⚠️Last week, a press photo in South Korea 🇰🇷 accidentally exposed cold wallet credentials, leading to $4.8 million in seized crypto being drained. The National Tax Service photographed seized Ledger wallets with their seed phrases fully visible and published the image. Within hours, the funds were gone. 𝗜𝘁'𝘀 𝗻𝗼𝘁 𝗮 𝘂𝗻𝗶𝗾𝘂𝗲 𝗽𝗿𝗼𝗯𝗹𝗲𝗺. 𝗔𝗻𝘆 𝗼𝗿𝗴𝗮𝗻𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗵𝗼𝗹𝗱𝗶𝗻𝗴 𝗰𝗿𝘆𝗽𝘁𝗼 𝘄𝗶𝘁𝗵 𝗮 𝘀𝗶𝗻𝗴𝗹𝗲 𝘀𝗲𝗲𝗱 𝗽𝗵𝗿𝗮𝘀𝗲 𝗮𝘀 𝘁𝗵𝗲 𝗺𝗮𝘀𝘁𝗲𝗿 𝗸𝗲𝘆 𝗰𝗮𝗿𝗿𝗶𝗲𝘀 𝘁𝗵𝗲 𝘀𝗮𝗺𝗲 𝗿𝗶𝘀𝗸. Solutions like MPC custody exist specifically for this reason ➝ no single seed phrase, no single point of exposure. #MPCWallet #CryptoCustody #ColdWalletSecurity #SeedPhrase #DigitalAssetSecurity
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