”You have been hacked.” - While that is bad news for everyone in general, this is particularly bad news for holders of crypto assets such as Bitcoin, Ether or alike. To increase the security of precious crypto assets, the de factogold standard of crypto custody are so-called multi signature accounts (short: multisig), … See more We will now focus on using the Gnosis MultiSig smart contract via the Multis user interface, no other user interface is known to be affected in a similar fashion. Beyond a beautiful UI, Multis … See more Alice’s transaction was submitted on-chain and immediately confirmed as one out of two required signatures. Unfortunately, her “cancel” was NOT submitted on-chain and instead just removed from the user interface. Thus, in a … See more Let’s envision a practical scenario where this would play out particularly badly: A secretary (let’s call her Alice) is preparing the end-of-month payments because the two founders of the company (Bob and Eve) are super busy. … See more In the bigger picture of smart contract exploits including the recent and catastrophic incidents on “black Thursday” at MakerDAO or the series of Valentines / ETHDenver attacks on Fulcrum, this exploit is a lot less … See more http://parenthacks.com/easter
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