CoinDesk - Oasis Exploits Its Own Wallet Software to Seize Crypto Stolen in Wormhole Hack

in blockchain •  2 years ago 

https://www.coindesk.com/business/2023/02/24/oasis-exploits-its-own-wallet-software-to-seize-crypto-stolen-in-wormhole-hack/
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Assets worth $140 million related to the development of the Wormhole Bridge last year were seized by Oasis and returned to an "authorized third party."

Wormhole developer Jump Crypto was then identified by Blockworks as the owner of the wallet that received the seized funds.

Oasis said that a white hat has notified them a "multisig administrator access design vulnerability" that they developed.

Beware of vulnerabilities in blockchain systems!!

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