Metawin Hit by $4M Hack - My Analysis

Interesting how this compares to Stake's $41M hack - both platforms actually came out stronger after proving they could handle a crisis. Deep pockets help though.
 
Final technical analysis:
  • New KYC requirements implemented
  • Withdrawal limits adjusted
  • Security protocols enhanced
  • Hot wallet management improved
Solid improvements from a bad situation.
 
Final technical analysis:
  • New KYC requirements implemented
  • Withdrawal limits adjusted
  • Security protocols enhanced
  • Hot wallet management improved
Solid improvements from a bad situation.
This is exactly how you handle a hack. Keep operations running, fix vulnerabilities, maintain transparency.
 
Y'all worried about a $4M hit to a platform running million-dollar promos... They probably make that in a week 😂
barakacoyiba: The real question is if they've actually fixed the underlying security issues. Frictionless systems always trade security for convenience.
 
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