🚨 What Went Wrong in Bybit’s $1.1B Hack? 🚨

If you haven’t heard already, attackers tricked signers into approving a malicious contract upgrade, gaining full control of the wallet.
Here’s what made it possible:
🔴 Verification gap – Hardware wallets couldn’t verify complex contract changes.
🔴 No admin safeguards – Contract upgrades weren’t treated as high-risk actions.

At Fordefi, we address these risks with multi-factor approvals, role-based policies, and secure admin workflows.

📖 Read the full breakdown from our CTO, @DimaKogan: https://t.co/SBZHDSlfa5