They Lost Millions by Clicking ‘Sign’ - Here’s How to Never Make That Mistake
A recent hack at Bybit, a major cryptocurrency exchange, resulted in millions of dollars being stolen due to a failure to verify a transaction. This incident highlights the importance of proper security measures when handling digital assets. Users are encouraged to adopt safer wallet practices and verification techniques to prevent similar losses.
- ▪Bybit lost millions due to a hack by North Korean cybercriminals.
- ▪The hack occurred when a signer failed to verify a transaction, exploiting a Safe UI vulnerability.
- ▪Users are advised to choose appropriate wallets based on their experience and the amount of cryptocurrency they hold.
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Story provenance
Attribution is not the same as permission. This drawer separates discovery metadata, excerpts, WeSearch-generated summaries, reuse status, and whether the publisher receives the visit. Nothing here claims a legal grant the publisher has not made.
Record
| Original publisher | DEV.to (Top) |
| Canonical URL | https://dev.to/mahima_thacker/they-lost-millions-by-clicking-sign-heres-how-to-never-make-that-mistake-1751 |
| Publication time | Fri, 29 May 2026 06:35:53 +0000 |
| Retrieval time | 2026-05-29T06:49:57.540Z |
| Last seen | 2026-05-29T06:49:57.540Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | 9sa-24hKVTye |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
Rights status (four layers)
WeSearch handling by dimension
| Indexing | May the item be indexed (stored, ranked, made findable)? | Allowed |
| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
try { if(localStorage) { let currentUser = localStorage.getItem('current_user'); if (currentUser) { currentUser = JSON.parse(currentUser); if (currentUser.id === 2605656) { document.getElementById('article-show-container').classList.add('current-user-is-article-author'); } } } } catch (e) { console.error(e); } Mahima Thacker Posted on May 29 They Lost Millions by Clicking ‘Sign’ - Here’s How to Never Make That Mistake #web3 #wallet #security #foundry Picture this: You're the treasurer of a major crypto exchange. Your phone buzzes with a notification - another routine transaction needs approval. You glance at your screen, see familiar addresses, and click "approve" without a second thought. Within minutes, millions of dollars vanish into thin air. This isn't fiction.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at DEV.to (Top).
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