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2025-03-06 15:16:26
Multi-signature wallet Safe: North Korean hacker group TraderTraitor is behind previous hacker attacks
<p>Odaily News The multi-signature wallet Safe announced on the X platform that the joint security investigation with Mandiant (now part of Google Cloud) has made key progress and confirmed that the February 21 attack was carried out by the North Korean hacker group TraderTraitor (UNC4899), which has previously launched attacks on the crypto industry many times. The hacker gained critical access by invading the computer of the Safe{Wallet} developer and hijacking the AWS session token to bypass multi-factor authentication (MFA). Safe said that although the attack caused some impact, the smart contract was not damaged, the system has been fully reset, and more stringent security measures have been implemented, including:<br/> •Infrastructure reset: Regenerate all credentials, reset the cluster, update keys and secrets, and redeploy container images.<br/> •External access restrictions: Temporarily block external access to trading services, allow only internal communication, and strengthen firewall rules.<br/> •Malicious transaction detection upgrade: Cooperate with Blockaid to strengthen transaction monitoring and add risk markers for Safe account master control upgrades.<br/> • Real-time monitoring enhancements: Improve logging and threat detection capabilities to enable faster response to security incidents.<br/> • Pending transaction cleanup: Clear all pending transactions in the database to prevent potential security risks.<br/> •Optimize UI and security verification tools: Introduce Safe Utils as a third-party transaction verification tool, and plan to provide a Safe{Wallet} version that is completely hosted on IPFS.<br/></p>
2024-08-26 11:27:27
Analysis: Catalysts for NFT market recovery include Atomic NFT, focus on utility, integration with DeFi, etc.
Odaily News Crypto KOL @arndxt_xo published the following analysis on the topic of &quot;Is the NFT market dead?&quot;: BAYC&#39;s floor price once exceeded 150 ETH, but now it has fallen sharply to 11 ETH, a 90% drop in US dollar terms. Not only BAYC, the entire NFT market has basically died: daily trading volume once reached $100-200 million (sometimes even $1 billion), but now it only hovers around $5 million. The reasons why the NFT market faces the current situation are as follows: - Unsustainable use cases: The initial hype around digital art and collectibles could not maintain momentum. Although innovative, many projects lack long-term utility beyond speculation; - Liquidity crisis: The shrinking broader crypto market has hit NFTs particularly hard. As capital flows decrease, the illiquidity of NFTs has become a major liability; - Narrative shift: Market attention has shifted away from NFTs. Current trends show that people are turning to Meme coins and other narratives; - Technical limitations: Many NFTs do not store actual content on the chain, but rely on URLs or IPFS hashes. This raises concerns about long-term viability and true ownership; - Market saturation: The influx of low-quality projects and &quot;cash grab&quot; behavior dilutes the market space, making it more difficult for high-quality projects to stand out. Looking ahead, while the current situation is bleak, there are still some potential catalysts for recovery: - Atomic NFT: By integrating files and metadata on the chain, some key technical problems can be solved; - Utility-focused projects: NFTs that provide real utility rather than speculation may gain attention; - Integration with DeFi: NFT mortgages or fragmentation can improve liquidity; - Games and metaverse applications: These areas can bring more sustainable use cases for NFTs. It believes that NFT is a great idea, but it cannot be sustained without a lot of innovation around PFP. If the project uses new ERC NFT standards such as ERC404, it may eventually gain adoption and breakthroughs with good support or promotion. &quot;I do hope to see the return of NFT.&quot;
2024-01-10 12:28:00
Web3 infrastructure 4EVERLAND team launches new social network disk product - Moss
Odaily News Moss, a new social network disk product created by the Web3 infrastructure 4EVERLAND team, has recently been officially opened for public testing, and the Mint and sale of Genesis NFT have also started simultaneously. Moss has established a Web3 network disk product based on IPFS/Arweave, which can provide file download, preview, sharing and other functions. Combined with the creator payment mechanism, it has established a new standard for paid access to network disk space. Content creators can publish and share exclusive content in the Moss community, and users can purchase access rights to obtain high-value content and communicate directly with creators. In addition, each access right will be paired with an economic model with a bottom price increase mechanism to improve content incentives and dissemination, and continuously increase the value of the space. It is reported that the Moss team will add more price models in the future to adapt to different creators. 4EVERLAND is a DePIN infrastructure driven by blockchain technology, aiming to provide developers with convenient, efficient and low-cost storage, network and computing capabilities. The team recently announced that it has received financing support from a number of leading institutions including Arweave. Moss was launched based on the underlying technology of 4EVERLAND, injecting new impetus into the decentralized storage/Depin track.
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