#security

U.S. Senators are calling on SEC Chairman Gary Gensler to provide a comprehensive report regarding the breach of the commission's official account on X. They argue that such incidents seriously question the commission's internal procedures.

The upgrade aims to streamline security configurations, boost throughput, and reduce liveness issues by introducing permissionless infrastructure roles.

Dmytro Budorin, the CEO of blockchain security auditor Hacken, has laid out five critical guidelines for safeguarding investments against fraud in crypto projects.

Uniswap has rolled out "Swap Protection" to shield Ethereum mainnet transactions from sandwich attacks and front-running. When users enable this feature in the Uniswap Wallet, swaps are directed to a private transaction pool, enhancing security against potential threats. Due to this added layer, some swaps might have higher auto slippage to boost the likelihood of successful transactions.

A team member, involved with the experimental Bonkler collection, misappropriated $1 million from the company's commission proceeds. However, the collection's primary assets, including the main contract and NFTs, remained unaffected. Bonkler’s daily minting process is currently suspended but will be reinstated after transitioning to its V2, which will feature lending and treasury functionalities. Per Remilia's co-founder, the breach was orchestrated by a developer in collaboration with two other team members. These individuals not only misappropriated the funds but also tried to blackmail the rest of the team by gaining access to certain social platforms. These employees have since been dismissed, and the company is gearing up to press legal charges against them.

Tether has made its letters to the U.S. Senate Committee on Banking, Housing, and Urban Affairs and the U.S. House Financial Services Committee public.

China's Ministry of Public Security is rolling out RealDID, a decentralized identification system grounded in blockchain technology.

The U.S. Securities and Exchange Commission (SEC) has sought to minimize the jury's involvement in the lawsuit against Terraform Labs and its co-founder, Do Kwon. The agency is reluctant to allow jurors to determine if a cryptocurrency constitutes a security.

US Space Force Major Jason Lowery advocates for the U.S. Defense Innovation Board to explore Bitcoin's Proof-of-Work transaction validation mechanism as a tool to fortify national security.

Several iToken wallet users found their private keys and secret phrases exposed because of a Trojan virus created by a former Huobi employee. Upon this unsettling discovery, iToken's team swiftly notified the endangered users, making them aware of possible wallet risks. The investigation has kicked off, focusing on Huobi employee's involvement.

OKLink and CertiK are launching the Freeze Asset Request (FAR) standard to simplify the freezing of stolen assets and bolster Web3 security. Exchanges often lag in responding to asset-freezing requests following a hack due to their in-house systems, but this innovation aims to rectify that situation.