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How a simple coding mistake let a hacker drain $7.8 million from a crypto wallet
Published Source: CoinDeskRead original
Crypto Insight Summary: Security firms traced the $7.8 million loss to a helper contract the wallet owner had authorized, not to Safe itself. Crypto Insight Analysis: Direction: Bearish ETH / Neutral BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Wallet security concerns may dent ETH sentiment but unlikely to affect broader market.