Certain multisignature (multisig) wallets can be exploited by Web3 apps that use the Starknet protocol, according to a March 9 press release provided to Cointelegraph by Multi-Party Computation (MPC) ...
Tag: multisig
Beyond Multisig: Decentralizing DAO Governance
A DAO is supposed to demonstrate how organizations can be decentralized and autonomous by, among other things, letting the community govern the DAO effectively and democratically. But is that actually...
Aptos-based multisig wallet Msafe raises $5 million led by Jump Capital
Aptos-based wallet startup Momentum Safe (MSafe) raised $5 million in seed funding led by Jump Capital. The round for the multi-signature wallet protocol, which was founded in July last year, f...
ConstitutionDAO set to buy the US constitution again with private multisig
ConstitutionDAO has resurfaced to push through its mission of purchasing the last original printed copy of the U.S. constitution which is set to be auctioned by Sotheby’s on Dec. 13. About a year ago,...
Wrapped Bitcoin DAO removes FTX, nine others in move to new multisig
WBTC DAO, the community that administers the Wrapped Bitcoin (WBTC) project, is moving to a new smart contract multisig, replacing signers that are no longer active. The new set of signers will be res...
Multisig Address Created by Buterin Moves 40K ETH
– Advertisement – A multisig wallet associated with Vitalik Buterin just transferred 40K ETH to an unknown address. A multi-signature Ethereum wallet created by Ethereum co-founder Vitalik...
Bitcoin Lightning Network Misses Block After Enormous Multi-Sig Transaction
Lightning Network‘s experimental nature, a layer-2 network built on top of Bitcoin that allows for faster, low-fee transactions, is one of the reasons developers have warned users not to risk la...
Air Gap? Hardware Wallet? Multisig?
There are several levels at which hardware wallets can be attacked, Bakkum explained in his presentation, which repeated points made in a company blog post from October: Attacks on the communication l...
EthereumPoW Will Send Network Fees to a Multisig – Trustnodes
A proposed chain-split fork of ethereum, EthereumPoW, has committed a fundamental change to its network that will in effect make Proof of Work (PoW) mining semi-permissioned. “ETHW Core has just relea...
Multisig Wallet Gnosis Safe Raises $100M, Rebrands to Safe
Key Takeaways Gnosis Safe has raised $100 million in a funding round led by the venture capital firm 1kx. Following the community’s decision to spin off from Gnosis Ltd. in February, the project...
Harmony’s $100M Hack Was Due to a Compromised Multi-Sig Scheme, Says Analyst – Bitcoin News
On June 23, 2022, the Harmony development team announced that $100 million was siphoned from the Horizon bridge, and the organization explained it was working with national authorities and forensic sp...
Harmony’s Harmony Disrupted: Analysts Says $100M Attacker Gained Control Of Multi-Sig Wallet
The Crypto industry witnesses attacks often, and Harmony is the recent victim of one such act. The unknown hacker managed to snatch away multiple assets like BNB, ETH, etc., which were bridged f...
ROAST Is A Brand New Form Of Multisig Created By Blockstream
A council secretary compiles and maintains a large enough list of supportive council members (signers) at any one moment, ensuring that there are always enough members to pass legislation: If at least...
Blockstream dreams up a whole new type of multisig called ROAST
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 (...
Flare Network Prevents Ronin Network & Multisig Hack Problem
If you have followed the happenings in crypto for the past fortnight, you may be familiar with the Ronin network exploit that threatened a $620 million loss in cryptocurrencies. The unofficial post mo...
Is Polygon safu? Critics: Multisig isn’t secure enough, $5B in jeopardy
Polygon is perhaps the most popular alternative to transacting directly on the Ethereum baselayer (L1), giving users the opportunity to do fast transactions with low fees. Polygon (MATIC) is best know...
Multi-Sig DAO Wallets Set to Change the Game in Crypto Fund Management and Operations
Despite tremendous growth over the past decade, the crypto market still lags in some fundamental factors. One of the major challenges in this burgeoning niche is the security of digital assets stored ...