The Whitelist Illusion – When Your Trusted List Becomes a Billion Dollar Attack Path

Your whitelist is not a wall. For nation-state attackers, it’s a map, showing exactly who to compromise to get to your assets. $1,788,000,000 STOLEN FROM INSTITUTIONS WITH WHITELISTS, MULTISIGS, AND HARDWARE WALLETS IN PLACE TL;DR When you hold significant assets on a public blockchain, nation-state groups will target you – not if, but when Your whitelist tells attackers exactly which vendors and counterparties to compromise to reach your funds Bybit ($1.5B), WazirX ($235M), and Radiant ($53M) all had whitelists. All were drained through whitelisted entities The correct assumption: every whitelisted address is potentially compromised. Trust must be verified in real […]

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