from Hacker News

Monero Community Crowdfunding System (CCS) Wallet Hacked and Drained

by sigil on 11/2/23, 5:41 PM with 3 comments

• by ColoursofOSINT on 11/2/23, 6:14 PM

  Multisig would have been a good start for securing $500K.

  I always assumed that "security minded" cryptocurrency people would have a good security model, but as this and the Lastpass breach shows, they don't practice what they preach. Also, love the deflection of blame to the Lastpass crypto thefts. If it was never stored there, it can't be from that.

  I love how crypto is all about removing trust, and then the developers put all their trust in a single person.

• by correct_beans on 11/2/23, 5:55 PM

  > Crypto project fails, is "hacked," or loses a ton of money

  How is this news

• by correct_beans on 11/2/23, 5:55 PM

  Good tbh