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VanEck consultant reflects on Bybit hacking incident: Unchangeable contracts are better than upgradable contracts

Online reports that Tether Strategy and VanEck consultant Gabor Gurbacs released three thoughts on the X platform about the Bybit hacking incident: immutable contracts are better than upgradeable contracts; better user experience and equipment are needed to sign multi-signed contracts; large-value transactions and administrator access should require time locks and operational security steps different from medium-scale transactions.

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