Tag: Multisig

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Wazirx Tells Users: Google’s Mandiant Confirms No Breach on Laptops During Cyberattack

Indian crypto exchange Wazirx says cybersecurity firm Mandiant, a Google subsidiary, has confirmed that Wazirx team laptops were not compromised during the $230 million cyberattack. The exchange added that attention is now focused on custodian Liminal’s wallet infrastructure, and the investigation’s findings have been shared with law enforcement and other agencies to assist in recovering…
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Wazirx: Crypto and INR Balance Solutions Top Priority, Urges Users Not to Panic

Indian crypto exchange Wazirx has informed users that it is focusing on resolving issues related to INR and crypto balances. The exchange emphasized that both solutions require ongoing legal analysis and urged users not to panic. Wazirx acknowledged users’ frustration but cautioned that drastic actions could cause further delays. Wazirx’s Update on Top Priority Post…
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Blast network hits $400M TVL, rebuts claim that it’s too centralized

The Blast team responded to claims that its multisignature upgrade functionality makes it too centralized. Web3 protocol Blast network has gained over $400 million in total value locked (TVL) in the four days since it was launched, according to data from blockchain analytics platform DeBank. But in a Nov. 23 social media thread, Polygon Labs…
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Gitcoin screws up transfer, sends $460K to unrecoverable address

Gitcoin’s project lead said the snafu has resulted in nearly half a million dollars of funds being locked in a one-way contract address. Crypto developer platform Gitcoin has admitted to losing approximately $460,000 of Gitcoin (GTC) tokens after mistakenly sending the funds to an unrecoverable contract address. On Oct. 6, project lead CoachJonathan posted details of…
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Chainlink’s Cross Chain Protocol Goes Live On Base: Here’s The Latest

Blockchain oracle network Chainlink has integrated its Cross-Chain Interoperability Protocol (CCIP) on the Coinbase layer 2 network, Base. According to a Sept 27 press release, the cross-chain interoperability protocol is now live on Base giving the network’s developers access to the whole structure for building web3 products and services…. Read More: Chainlink’s Cross Chain Protocol…
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What are address poisoning attacks in crypto and how to avoid them?

Address poisoning attacks involve tracking, misusing or compromising cryptocurrency addresses. Address poisoning attacks are malicious tactics used by attackers who can reroute traffic, interrupt services, or obtain unauthorized access to sensitive data by inserting bogus data or changing routing tables. The integrity of data and network security are seriously threatened by these assaults, which take…
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Web3 Must Overcome Significant UX Challenges to Reach Mass Adoption

User experience (UX) design affects nearly every waking moment of our lives. It’s not just digital either. Have you ever thought about the UX of doors? Perhaps a brief refresher of what UX is, will help. A useful definition of UX is as follows: ”A person’s perception and responses that result from the use or…
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Blockstream dreams up a whole new type of multisig called ROAST

In particular, ROAST has been posited as a signature standard that could work with, and improve threshold signature schemes such as FROST. The research unit of Bitcoin (BTC)-focused blockchain tech firm Blockstream has published a proposal for a new type of multisignature standard called Robust Asynchronous Schnorr Threshold Signatures (ROAST). It hopes to avoid the…
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Bitcoin.com Wallet Adds Support For Multisig (Shared) Wallets

The Bitcoin.com Team is excited to announce support for shared (multisig) wallets for Bitcoin and Bitcoin Cash in the Bitcoin.com Wallet. That means you can protect your most valuable wallets with a unique form of two-factor authentication, set up a corporate treasury, safely introduce your kids to Bitcoin, and more. What Are Shared Wallets? …
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