Re:$625M worth of ETH drained on Axie Infinity's Ronin Network
by xur17 on Wednesday March 30, 2022 @12:10AM
(#30851416)
> It was just a 5 of 9 multi-sig where the security was very poor and susceptible to social engineering.
Taking this a step further, the article mentioned that 4 of the 5 were under one companies control and compromised together. It wouldn't shock me to learn that all 4 had the same access rules, and as such all were accessible if one was, essentially reducing the 5 of 9 to 2 of 9.
Taking this a step further, the article mentioned that 4 of the 5 were under one companies control and compromised together. It wouldn't shock me to learn that all 4 had the same access rules, and as such all were accessible if one was, essentially reducing the 5 of 9 to 2 of 9.