Klacius’s Substack

Klacius’s Substack

MOBY TRADE

hen your private keys become the white whale, who's really hunting whom? Moby Trade loses roughly $1 million to a compromised key, while white hats rescue $1.47M from the depths...

Klacius Konishi's avatar
Klacius Konishi
Mar 09, 2025
∙ Paid
Share

MOBY TRADE


Monday, January 13, 2025


In the vast ocean of DeFi, Moby Trade's pursuit of protocol security ended like Captain Ahab's obsession - with their control slipping beneath the waves.

On January 8th, a private key leak led to just over $1 million in assets swimming away faster than digital plankton through a whale's baleen.

Keep reading with a 7-day free trial

Subscribe to Klacius’s Substack to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Klacius Konishi
Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture