ChainCatcher news, according to CoinTelegraph, Bitcoin investment company Strategy (formerly MicroStrategy) Executive Chairman Michael Saylor stated during an event at the Bitcoin 2025 conference in Las Vegas on May 26 that the on-chain reserve proof released by institutions is a "bad idea," as it increases security risks and undermines the safety of issuers, custodians, exchanges, and investors.He suggested using artificial intelligence to deeply analyze the security issues that may arise from releasing wallet addresses, believing that this could lead to numerous security vulnerabilities.

ChainCatcher message, the Hyperliquid team reminds that the official X (formerly Twitter) account of HyperFND has been compromised. The links and tweets currently posted pose security risks, and users should not click or interact with them. The official statement emphasizes that the Hyperliquid blockchain itself has not been affected.

ChainCatcher news, security issues remain the biggest barrier to mainstream adoption of cryptocurrency payments. According to a survey conducted by Bitget Wallet of 4,599 users, over 37% of investors believe that security risks are the main obstacle to using cryptocurrency for payments. Nevertheless, 46% of users stated that they prefer crypto payments over fiat payments because crypto payments are faster and more efficient.

ChainCatcher message, GoPlus Security alert, Ronaldinho's STAR10 token has serious security risks. GoPlus has discovered that the token owner can arbitrarily destroy any holder's tokens. Since ownership has not yet been relinquished, all tokens are at risk of being destroyed without warning.GoPlus Security urges the Ronaldinho team to immediately relinquish ownership to protect community safety. At the same time, it reminds traders to remain highly vigilant regarding this token and suggests that BNB Chain notify users to be aware of the associated risks.

ChainCatcher news, former Goldman Sachs analyst and co-founder of the blockchain education center The Coin Bureau, Nic Puckrin, stated in an article for Fortune magazine that Musk's hope for the U.S. Treasury to adopt blockchain could pose national security risks.He pointed out that while the infinite financial opportunities provided by blockchain technology and the cryptocurrency sector not only help to increase personal wealth but also enhance the efficiency and transparency of nation-states, the U.S. Treasury's involvement in blockchain could expose many sensitive financial information (such as defense spending or foreign exchange operations) to hacking risks. Even though these security issues could be addressed by using encrypted data and privacy-protecting blockchains, it seems that there is currently no blockchain capable of handling over $50 trillion in U.S. Treasury assets.

ChainCatcher message, Binance's former CEO Zhao Changpeng responded to users receiving emails about "the file download link included in the Giggle Academy email" by saying, "Tell the team this is the wrong way to invite. Cryptocurrency professionals should never download files from emails. This is a huge security risk and will be fixed."

ChainCatcher news, according to the Daily Economic News, the latest HBO documentary "Money Electric: The Bitcoin Mystery" has been released, in which director Cullen Hoback identifies the main character, Canadian software developer and cryptocurrency expert Peter Todd, as "Satoshi Nakamoto." In response, Peter Todd emphasized that he is not "Satoshi Nakamoto," and that Cullen Hoback's identification of him as "Satoshi Nakamoto" is merely a way to attract attention to his Bitcoin documentary."During the documentary production process, Cullen interviewed me 4 to 5 times, lasting for many hours. Until the last interview, he gave no impression that he was looking for Satoshi Nakamoto. He just introduced that he was trying to make a documentary about Bitcoin itself," Peter Todd further explained.In addition, Peter Todd also emphasized his personal safety, stating, "Being falsely accused by Cullen Hoback of having billions of dollars puts me at risk." Peter Todd also mentioned that he has not yet decided whether to take legal action to protect his interests.

ChainCatcher news, the "Web3 Insight Summit" co-hosted by ChainCatcher, RootData, and Oak Grove Ventures was held today at the Renaissance Hong Kong Harbour View Hotel. During the conference, Mike, the founder of the Web3 security solution GoPlus Security, delivered a speech titled "Web3 User Security Network: User Security Module as a Service."Mike mentioned that GoPlus has covered 80% of user scenarios in the industry. Currently, mainstream Web3 data websites such as Uniswap, DEXTools, DEX Screener, CoinMarketCap, Audit Scan, and MetaMask Snaps are using GoPlus's API.In the past two years, as user behaviors have increased, the security risk scenarios on the user side have been growing, and the related market has been expanding. Therefore, GoPlus's underlying service model has begun to shift from providing APIs to B-end clients to developing an entire ecosystem. Currently, GoPlus is actively developing an open, transparent, user-driven Web3 user security network that provides user-verifiable open security data. GoPlus officially launched its personal security service platform "SecWareX" in early March, and the number of independent addresses has exceeded 600,000 just one month after launch.The "Web3 Insight Summit," hosted by ChainCatcher, aims to gather the most thoughtful and innovative senior professionals in Web3 from around the world to provide more constructive insights for the industry, present more industry insights, and help Web3 move towards the mainstream.

ChainCatcher message, the security team Decurity has discovered another security vulnerability on the Curve platform. Curve uses ERC-777 Callback in the smart contracts of a portion of its token markets, and this usage poses security risks, potentially leading to reentrancy attacks.Decurity also pointed out that an MEV bot has exploited this vulnerability to execute an attack worth $1,900. Curve's official response stated that this issue is a legacy problem. The attack occurred in the pBTC pool, which had previously been deprecated and only a small amount of funds remained in the contract.

ChainCatcher news reports that the cross-chain protocol pNetwork has released an analysis of the previous GALA incident, stating that the team noticed a configuration error in the pNetwork cross-chain bridge for GALA on November 3. The team observed that due to the configuration error, the ownership of the pGALA smart contract (deployed on BSC) had been secretly taken over. The attacker who gained ownership of the smart contract did not launch any attacks, but this situation highlighted a high-security risk that needed immediate mitigation. Therefore, pNetwork contacted GalaGames to decide to suspend cross-chain bridge activities and execute a white-hat drain of the pGALA/BNB PancakeSwap pool in an attempt to preserve the BNB funds in that pool so that they could be returned to their rightful owners (liquidity providers) once the situation was under control. The white-hat drain recovered 12,977 BNB (approximately 4.5 million USD), and the funds will be returned to the holders of currently uncollateralized pGALA, with a snapshot taken on November 7, 2022, at 16:00.The cross-chain protocol pNetwork minted over 1 billion USD worth of pGALA in the early morning of November 4 after redeploying the pGALA contract to "crash" the original pGALA pool, or due to the failure to communicate with the Huobi platform, temporarily shutting down deposit and withdrawal services, which led to a large number of users transferring coins from DEX to the Huobi platform and subsequently selling, triggering a price crash. (Source link)

According to Chain Catcher news, as reported by CoinDesk, the U.S. Defense Advanced Research Projects Agency (DARPA) has signed a contract with digital asset data and analytics provider Inca Digital to conduct research on the national security risks of cryptocurrencies.It is reported that Inca will develop a cryptocurrency ecosystem mapping tool to analyze crypto financial data and risks, with the aim of helping the U.S. government and the private sector understand how cryptocurrencies are associated with money laundering, terrorist financing, and evasion of sanctions, and to determine how cryptocurrencies impact the traditional financial system. (Source link)