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SafePal Responds to Hardware Wallet Security Concerns, Reminds Users to Verify Ledger Device Authentication, Activation Records, and Packaging Seals
Odaily News: According to monitoring by SafePal's official customer service account, SafePal stated on October 10 that it is aware of reports of fund losses involving Ledger devices sold by reseller CryptoBilis, and is reminding SafePal users to verify three protective measures: device authentication during initialization, the first activation date reminder in the App, and tamper-proof packaging seals. These mechanisms are designed to help identify tampered or used devices. If any check appears abnormal, users should stop using the device and contact official support through the SafePal website or App.
No signs of affected devices yet, Trezor has removed CryptoBilis from its reseller list
Odaily reports: In response to user concerns on X, Trezor stated that it is actively investigating the situation. So far, it has not received any reports of tampered Trezor devices sold by reseller CryptoBilis, nor are there any indications that Trezor devices have been affected. As a precaution, Trezor has removed CryptoBilis from its reseller list and stopped selling products through it. Trezor reminds users not to forcibly open the device casing, as the built-in battery in Safe 7 makes disassembly a safety risk. If users have concerns, they should contact official support.
Crypto Market Sees Broad Decline, RWA Sector Drops Nearly 7%, BTC Briefly Falls Below $82,000
Odaily News: On October 13, according to SoSoValue data, the crypto market experienced a broad decline, with 24-hour losses generally ranging from about 2% to 7%. The RWA sector showed weakness, dropping 6.94%. Within the sector, Centrifuge (CFG) fell 11.47%, and Ondo Finance (ONDO) declined 9.60%. The AI sector dropped 6.25%, with Unibase (UB) falling 13.58% and Fetch.ai (FET) declining 10.55%, though Render (RENDER) bucked the trend with a 5.83% gain.In addition, Bitcoin (BTC) fell 1.40%, briefly dropping to near $81,000 before recovering above $82,000; Ethereum (ETH) declined 2.91%, falling below $2,500.In other sectors, the CeFi sector dropped 2.13% over 24 hours, with Aster (ASTER) falling 3.57%; the Layer1 sector declined 4.21%, with NEAR Protocol (NEAR) dropping 10.99%; the PayFi sector fell 4.40%, though Safe (SAFE) remained relatively resilient with a 16.60% gain; the Layer2 sector dropped 5.53%, with Starknet (STRK) plunging 27.26%; the DeFi sector declined 5.90%, with Ethena (ENA) falling 12.25%; the Meme sector dropped 6.04%, with Pons (PONS) declining 18.75%.Crypto sector indices reflecting historical sector performance show that the ssiRWA, ssiLayer2, and ssiDeFi indices fell 7.59%, 6.70%, and 6.63% respectively.
Worth $5.52 Million, F2Pool's Chun Wang Deposits 2,160 ETH to Binance
According to Onchain Lens monitoring, Chun Wang (F2Pool) transferred 2,160 ETH worth $5.52 million from F2Pool's Gnosis Safe to Binance, including 1,150 ETH worth $2.94 million and 1,010 ETH worth $2.58 million.
AI startup TypeSafe AI completes approximately $870 million funding round, led by a16z
Odaily News: AI startup TypeSafe AI has completed an approximately $870 million funding round led by venture capital firm Andreessen Horowitz (a16z), bringing the company's valuation to $7.5 billion.TypeSafe AI's AI model Jev quickly gained traction within weeks of its release. Co-founder Diogo Almeida said that after the launch video went viral, the company attracted significant attention from corporate executives, developers, and investors. Jev is currently used by approximately one-third of Fortune 500 companies and surpassed 1 million users within days. (Bloomberg)
Controlled by Foundation alone changed to a 9-party community multisig, Compound proposal retains EPCF purpose
Odaily reports that community member ugurmersin has proposed an alternative to Proposal 613, suggesting that custody of the Ecosystem Protection and Continuity Fund (EPCF) and mainnet Chainlink SVR revenue be transferred from the Safe controlled by the Compound Foundation to a Community Multisig, adopting a 9-party 5/9 multisig mechanism. The proposal does not advocate shutting down the EPCF, but rather preserving its purpose, size, 48-month term, and emergency fund deployment capability.As of October 8, the EPCF held 500,000 USDC and 4.5834 million USDC deposited in cUSDCv3, while mainnet Chainlink SVR revenue held 355.95 ETH. The proposal states that the original Proposal 613 had planned to shut down the EPCF and transfer the funds to the Governor Timelock, and was canceled by the Proposal Guardian on October 7.
Universal Safety Products Rebrands as DeFi Capital Markets, Ticker Changes to DCM in Pivot to Digital Asset Business
Odaily News: U.S.-listed company Universal Safety Products has announced that it will rebrand as DeFi Capital Markets on October 19 and trade under the new ticker DCM. The company will gradually wind down its existing product business and pivot toward asset tokenization, digital assets, market making, quantitative trading, and blockchain-based financial markets.
Base Vault Suffers ~$6M Exploit, Still Holds $31.7M in Assets
Odaily reports: Gonçalo Magalhães, Head of Security at Immunefi, stated that an unnamed Base vault suffered an approximately $6 million exploit, while still holding around $31.7 million in assets at the time of the incident. According to a briefing, the attacker used a Safe multisig wallet to add a malicious contract to the vault's lending whitelist, then withdrew 1,783 aBaswstETH and swapped it for approximately 1,783 wstETH via AaveV3. Gonçalo Magalhães noted that while whitelisted addresses may appear secure, approved addresses can withdraw assets without collateral, constituting a vulnerability; this whitelist weakness had been discovered the previous week, but researchers lacked a clear disclosure channel. More than 24 hours after the incident, no team had publicly claimed responsibility or disclosed remediation measures.
Vitalik: AI Will Become the New User Interface, Directly Executing Complex Onchain Operations May Become the Norm
Odaily reports that Vitalik Buterin stated that AI is demonstrating the ability to break out of sandboxes, attack websites, discover software vulnerabilities, as well as help discover vulnerabilities in the Ethereum protocol, implement complex cryptography, and conduct formal verification. About a month ago, he updated his ENS information for the first time without using a user interface, simply asking a local AI agent to write a script, and the operation was completed in about 5 minutes. He expects that AI directly executing complex onchain operations will gradually become the norm and become the new user interface in more scenarios. Vitalik Buterin also stated that the Safe-related hack caused approximately $1.4 billion in losses, with the attack targeting the interaction layer between users and onchain systems, rather than onchain contracts. AI directly handling transactions may reduce the risks brought by web interfaces, but it will also introduce new challenges such as AI security, prompt injection, and the accuracy of operational understanding.
Market maker GSR transferred 578,000 LINK to Binance in 2 days, worth approximately $8.25 million
Odaily News: According to Onchain Lens monitoring, GSR continues to sell LINK. After receiving tokens from Gnosis Safe, it transferred 303,010 LINK ($4.29 million) to Binance. Two days ago, the same wallet transferred 275,000 LINK ($3.96 million) to Binance. Over the past two days, a total of 578,010 LINK (approximately $8.25 million) has been transferred to Binance.
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Cobo Safe "Wallet" co-signing solution is officially launched: adding a layer of defense to Safe, ten times the security upgrade
Cobo
Cobo
2025
03/20
进行中
Odaily x Safe Space | Safe——A milestone of trillion transaction volume
Odaily x Safe
X Space
2025
02/24
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