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RE: On the Hive Engine Breach - A Statement from Magi

in #hive14 days ago

I really appreciated what you said additionally in discord:

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Especially (to put it in perspective):
"This didnt happen on their first week, it happened after years of use and tens of millions flowing through the system, so either no hacker looked, which I doubt or its simply time exposure to a custodial system. CEXes with billions of daily volume get hacked all the time. They have money for a thousand 3rd party audits. Even Thorchain got hit. Someone else got hit today for a bunch."