Safe, an Ethereum-based crypto wallet protocol, has implemented immediate security improvements to its multi-sig solution following a cyberattack on the Dubai-based exchange, Bybit. The attack, carried out by North Korea's Lazarus, resulted in the theft of over $1.4 billion worth of Ether. The hacking group exploited vulnerabilities in Safe Wallet's UI, allowing them to inject hostile JavaScript code and siphon more than 400,000 ETH. Safe has placed its Wallet in lockdown mode and made several upgrades to its UI to prevent further attacks. Safe's co-founder, Martin Koeppelmann, emphasized the importance of collaboration in improving frontend and transaction verification security, stating that it will take the involvement of many parties to solve these issues.



Other News from Today