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The contract is designed to execute arbitrary transactions with a valid signature. Hacker/insider got the private key. Simple as that.
by jl2718 5y ago
The contract is designed to execute arbitrary transactions with a valid signature.
Hacker/insider got the private key. Simple as that.
- jl2718 5y agoCorrection: it was a 3/4 multisig and it took 3 signatures to switch over to single-key. Who had those keys? No idea. Their white paper says nothing about key management, just a bunch of nonsense pseudo-notation about blockchain basics.