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According to a writeup at https://www.chainalysis.com/blog/lessons-from-the-resolv-hack/ https://www.chainalysis.com/blog/lessons-from-the-resolv-hac... this st
by Aurornis 8mo ago
According to a writeup at https://www.chainalysis.com/blog/lessons-from-the-resolv-hack/ https://www.chainalysis.com/blog/lessons-from-the-resolv-hac... this started with a plain old hack that compromised their signing key.
They also had a smart contract which didn't do some proper checks, but the hack was only possible with the stolen private key. Whoever held the private key was able to mint a lot of money, unchecked.
So there was a traditional hack at the core of this heist, not just a smart contract exploit.
- amarant 8mo agoIs there any proof, or even indication, that this wasn't an inside job?
- bravoetch 8mo agoUsually I would expect proof for a positive - like that it was an inside job, or there being an indication of it. I'm not saying whether it was or not, just that it seems unusual for you to ask about proof of it NOT being an inside job.
- kibwen 8mo agoWhen it comes to crypticurrencies, no, the "hack" that turns out to be an inside-job rugpull is so common that the correct burden of proof is on the people who think this wasn't an inside job.
- amarant 8mo agoIn a court of justice you'd be right, of course. But for online armchair speculation, you have to admit it seems a likely explanation.
- victorbjorklund 8mo agoIs there any proof that it was an outside job? If we don’t have any proof of either we should probably look at what is most common when it comes to crypto heists
- dang 8mo agoWe've changed the URL to that link from https://bfmtimes.com/hacker-mints-80-million-worth-of-fake-stablecoins-and-swaps-them-for-eth/ https://bfmtimes.com/hacker-mints-80-million-worth-of-fake-s... above. Thanks!