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CZ criticizes Safe’s Bybit hack investigation Binance co-founder Changpeng Zhao (CZ) outlined via X that while he usually doesn’t criticize other industry players, he’s unhappy with the outcome of Safe’s investigation into the Bybit hack. CZ suggests that it vague language was used, leaving more questions than answers. In summary, he raised the following points: 1. What exactly was the Safe {Wallet}developer device compromise? Was the hack a social engineering attack or malware? 2. How did the developer device gain access to the Bybit-operated account? 3. How did the hackers spoof the Ledger verification process? Was it a blind signature issue or a lack of verification? 4. Was the wallet holding $1.4 billion  the largest to be managed using Safe? Why didn’t the attackers target other wallets? 5. What lessons can other self-custody multisig wallet providers and users learn from this incident?

CZ criticizes Safe’s Bybit hack investigation Binance co-founder Changpeng Zhao (CZ) outlined via X that while he usually doesn’t criticize other industry players, he’s unhappy with the outcome of Safe’s investigation into the Bybit hack. CZ suggests that vague language was used, leaving more questions than answers. In summary, he raised the following points: 1. What exactly was the Safe {Wallet}developer device compromise? Was the hack a social engineering attack or malware? 2. How did the developer device gain access to the Bybit-operated account? 3. How did the hackers spoof the Ledger verification process? Was it a blind signature issue or a lack of verification? 4. Was the wallet holding $1.4 billion  the largest to be managed using Safe? Why didn’t the attackers target other wallets? 5. What lessons can other self-custody multisig wallet providers and users learn from this incident?

ZenGo supports TRX TRON network ( $TRX ) founder Justin Sun reposted an X post published by ZenGo, a cryptocurrency security and wallet provider, which outlined that the wallet provider now supports TRX.

Uniswap $UNI Labs wins Second Circuit appeal in class action lawsuit Uniswap founder Hayden Adams announced on X that Uniswap Labs has won its Second Circuit appeal in a class action lawsuit. The court upheld a 2023 ruling by the U.S. District Court for the Southern District of…

CZ warns of hacked X account promoting meme coins Binance co-founder Changpeng Zhao (CZ) reported on X that a long-time $BNB supporter’s account was likely hacked after it began promoting meme coins and changed its profile. He clarified that the individual is not affiliated with Binance or YZi Labs. Zhao emphasized that YZi Labs staff will never privately promote coins and warned that any violations would result in immediate dismissal. He advised users to stay cautious.