Hack of a single multisig wallet could drain 12 Ethereum L2s of $121M
One wallet has upgrade permissions for 12 Ethereum scaling networks, but Conduit founder Andrew Huang says it can’t transact without three signatures which would take a trio of physical attacks.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
One wallet has upgrade permissions for 12 Ethereum scaling networks, but Conduit founder Andrew Huang says it can’t transact without three signatures which would take a trio of physical attacks.
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This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
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