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It boils all the way down to a supply chain compromise. To conduct these transfers securely, Each and every transaction needs a number of signatures from copyright staff members, often called a multisignature or multisig system. To execute these transactions, copyright relies on Safe Wallet , a third-celebration multisig platform. Earlier in February 2025, a developer for Secure Wallet fell to get a social engineering attack, and his workstation was compromised by malicious actors.
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