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Hack of a single multisig wallet could drain 12 Ethereum L2s of $121M

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May 22, 2024341 Views
Hack of a single multisig wallet could drain 12 Ethereum L2s of 1M

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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