ATC quote · Jul 18, 2024 · 0:17:07
“Yeah. Great points. Really great points. The majority of these attacks... And, Nat Nat, to your point also, right, with the Alex Lab thing, they said it might have either been, like, some social…”
Dave @DCBK2LA
From ATC: DAVE & KOOL TALK ALL THINGS CRYPTO Sponsored by @HermeticaFi, Jul 18, 2024 · Episode page

In context
0:15:19 Thor @thorabbasi: think this one is... You know, clearly, this was a really sophisticated attack if you look at what happened and that they actually essentially got all of these signers in a way to sign a transaction where they were upgrading the contracts that essentially controlled their multisig to enable them to exploit it. So, I mean, this was not only a social engineering attack, but also just a a really technically advanced…
0:17:07 Dave @DCBK2LA: Yeah. Great points. Really great points. The majority of these attacks... And, Nat Nat, to your point also, right, with the Alex Lab thing, they said it might have either been, like, some social engineering stuff or, like, an inside job maybe. And people were up in arms, right, asking, like, well, what the hell? Like, what kind of security? Like, what is the security aspect? Right? And, Thor, I fully respect…
0:18:34 Thor @thorabbasi: Yeah. For sure. For sure, man. And the thing that at least, you know, we've... I've learned in in this space is, you know, I used to be one of these people that was like, go go go go go all the time. And for certain things, I still am. But to your point, like, there's times when you need to slow down and, you know, maybe get on a call with every one of your signers that is on it and maybe get on the call with your…
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