Tags: Signature

Yearn.Finance Ask Traders to Return Gains Following $1.4 Million Multisig Error – What’s Going On?

A Yearn contributor said the value lost came from “strictly protocol owned liquidity” in the protocol’s treasury and that customer funds weren’t impacted.

The “Off Exchange” trading system was launched by Fireblocks, allowing institutions to trade without fully relinquishing custody.

Cryptocurrency exchange Bitget has released a multiparty computation wallet to improve asset security and user experience.

Gitcoin’s project lead said the snafu has resulted in nearly half a million in funds being forever locked in a one-way contract address.

Chainlink critics have reiterated concerns about the oracle network’s supposed centralization after a subtle adjustment to its multisig wallet.

Address poisoning attacks involve tracking, misusing or compromising cryptocurrency addresses.

Crypto Industry Turns to Customers Bank as Preferred Partner Amidst Collapse of Silvergate, Signature

Ethereum co-founder Vitalik Buterin explained the “biggest reason” is because it has to be on a multisig – which are still “fairly difficult” to set up.

As Traditional Banks Step Back, New Players Fill Gap in Crypto Banking

‘Large Amounts of Money’ Flowed in Binance Related Accounts: SEC Accountant Says

Fireblocks will be added to the list of MetaMask Institutional custody technology providers, allowing its users to perform token swaps and stake ETH using the app’s dashboard.

According to Barney Frank, Signature Bank’s only issue prior to regulators seizing control in March was “crypto-fear-inaccurate withdrawals."

Security expert Jameson Lopp said some users lost Ethereum tokens because of the lack of a secure storage method.

Senator Lummis noted that Signature Bank’s Scott Shay mentioned digital assets 10 times in his testimony about the bank’s collapse.

US Sen. Cynthia Lummis Criticizes Signature Bank Executive for Blaming Crypto for Its Downfall

Former Signature Bank Chairman Said the Bank Cut Back on Digital Asset Deposits in Wake of Volatility

PactDAO co-founder Marisa Rando says the decentralization of mutual aid collectives is the key to catalyzing activism and building stronger communities.