Immunefi CEO Blames Willful Negligence for $27.3M Web3 Multisig Breach
The head of the blockchain bug bounty platform says avoidable oversights, not technical barriers, are driving the growing number of Web3 security incidents.
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Terms & Concepts
Multisig: A cryptocurrency wallet requiring multiple private keys to authorize a transaction, enhancing security through distributed control.
Web3: A decentralized internet ecosystem based on blockchain technology, enabling peer-to-peer interactions without intermediaries.