North Korean Hackers Steal $270M in DeFi Heist
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
North Korean hackers infiltrated Drift Protocol, posing as a legitimate trading firm, over six months, gaining trust and integrating their own vault. They exploited a flaw in VSCode, approving bad transactions, and drained $270 million in under a minute. The incident highlights the vulnerability of multisig setups and the need to rethink defense strategies in governance models.
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