Safe wallet pauses certain functionalities after hack

Etherum Multisig Navil Safe has announced to temporarily stop certain functionalities as a post-morteml of $ 1.4 billion. 21. February.

He certainly said that he was in the update that a team of security of the wallet was not found any evidence of hacks the result was worn frontend. However, stopping is without abundance of caution.

“We did not find evidence that the official conflict was endangered. However, outside the caution, Safevalet temporarily pauses certain functionalities”, platform Posted on X.

Ethereum (El) The Provider of MultiSig Wallet also collaborated with a team team by in the delay in the investigation.

What happened?

On Friday, 21. February 2025. year, Cripto Exchange Bibit suffered the main hack. Multisig Cold Wallet for ETH exchange is exhausted from over $ 1.4 billion token.

The hacker used a “masked” URL to deceive signals, with this displayed as correct from secure. Changing the logic of the contract has enabled hacker to take control of a bibitical ekit cold wallet, draining.

The trick worked and the hacker crossed the entire EM in a wallet to a new address. Since then, they have launched transfers to other wallet addresses.

The biggest hack in cripto?

The result is what could be one of the most widest greatest in the world. In the past, the industry raised the hacks that affect MT. Gok, Coincheck and FTX. Vazirk’s $ 230 million Hack in July 2024. It also hit CRIPTO owners in India.

The whole Bibit Ben Zhou noticed in the post to K that the exchange was remained by the solvent and could cover the losses.

He also said that they gave up the others, probably a move intended for the assurance of the community. Although the players are in industry, including the founder of Binance and the former CEO of Changpeng Zhao, they promised support, part of the Council for the exchange, was that withdrawal.

“It is not a simple situation that it deals with. It can suggest that all withdrawals are stopped as standard precautions. It will give you any help if necessary. Good luck!” CZ noted.