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first_img Bit2Me established Bit2Shield to assist law enforcement in tracking cryptocurrency assets

Spain's largest cryptocurrency exchange Bit2Me announced the establishment of an independent company Bit2Shield (registered name CryptoShield S.L) to assist courts, police, and financial institutions in tracking, seizing, storing, and selling cryptocurrency assets. This department will support investigators in extracting wallet data, locating cryptocurrency assets, and issuing digital signature forensic reports that can be used in court, while also being responsible for fraud investigations, source of funds verification, and providing training for police, judges, and banks.This move formalizes the work Bit2Me previously conducted for public institutions. In 2025, Bit2Me handled seized cryptocurrency assets worth 1.5 million euros (approximately 1.74 million dollars) for Interpol, Europol, and the Spanish police, using blockchain analysis company Chainalysis to track the assets. Bit2Shield will store seized assets in cold wallets that require multiple signatures and arrange for their sale when ordered by authorities, with proceeds transferred to government bank accounts in euros.Bit2Shield is part of Bit2Me's expansion from retail trading to banking and public institution infrastructure, with investors including Bankinter, Unicaja, Cecabank, Telefónica, and Tether. Since Bit2Shield focuses on investigations, forensics, and training, it is not considered a cryptocurrency service provider under the EU's Markets in Crypto-Assets Regulation (MiCA); any operations involving the exchange of cryptocurrency for euros will be handled by Bitcoinforme S.L., an entity authorized by the Spanish securities regulator MiCA under Bit2Me.

The Ethereum Foundation provides security funding to WEBCAT to assist in wallet verification front-end code to prevent phishing attacks

According to official news, the Ethereum Foundation's "Trillion Dollar Security" (1TS) has announced a special grant to the Freedom of the Press Foundation (FPF) to support the ongoing development of the open-source tool WEBCAT, aimed at addressing the long-standing front-end code verification security gap in Ethereum wallets and decentralized applications (DApps).WEBCAT (Web-based Code Assurance and Transparency) is an open-source tool designed to help browsers verify whether the code loaded by a website matches the version publicly released by the developer.This funding will promote the expansion of WEBCAT to Ethereum wallets and application scenarios, enabling users to verify whether the front-end pages they access have been tampered with.The Ethereum Foundation stated that while HTTPS can verify the website a user is connected to and encrypt communication, it cannot prove that the front-end code actually running on the website is the same version released by the developer. If an attacker controls the website's front-end code, they may modify the transaction receiving address without the user's knowledge or induce the user to sign transactions that do not match the content displayed on the page.The Ethereum Foundation noted that front-end attacks have become a significant security risk for blockchain infrastructure, with malicious modifications to web interfaces potentially leading to supply chain attacks, DNS hijacking subsequent attacks, and user interface deception.WEBCAT was initially developed by the Freedom of the Press Foundation to enhance the code credibility of secure communication systems like SecureDrop.With this expansion into the Ethereum ecosystem, it will complement security measures such as "Clear Signing" in the 1TS program: the former helps wallets confirm that the application front-end has not been tampered with, while the latter helps users understand the transaction content they are approving.

Gate CEO Dr. Han: AI will not replace traders, but will become a core assistant for users exploring Web3

According to the latest episode of the Gatecast podcast, Gate founder and CEO Dr. Han shared his thoughts on the future of AI, Web3, and the cryptocurrency industry in an interview themed "The Future of AI, Web3, and the Cryptocurrency Industry."Dr. Han stated that the way users will interact with cryptocurrency products will undergo profound changes due to AI in the future. Currently, the cryptocurrency market has millions of assets and tens of thousands of DApps, and the high cost of choice and usage barriers limit user entry. However, AI is expected to become an important gateway connecting users with the Web3 ecosystem. When discussing the combination of AI and trading, Dr. Han mentioned that AI can help users efficiently acquire information, analyze market signals, and assist in decision-making, but it still cannot completely replace human judgment. "AI + human intelligence" will become a more effective approach in the future.Dr. Han also pointed out that Gate is continuously utilizing AI to optimize product experiences, reducing users' learning costs through intelligent tools, and encouraging more users to enter the Web3 world. Currently, Gate is building an AI product system around the Intelligent Web3 strategy, which includes Gate AI, GateClaw, and Gate for AI Agent, accelerating the integration of AI technology into the trading ecosystem. In the future, Gate will further lower the barriers to using Web3 through intelligent products and services, enhance user experience, and drive more users into an open and intelligent Web3 world.
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