unipass

ChainCatcher news, cryptocurrency custody platform Fireblocks stated that it recently discovered an ERC-4337 account abstraction vulnerability in the smart contract wallet UniPass. This vulnerability allows attackers to fully take over the UniPass wallet by replacing the wallet's trusted EntryPoint to activate the account abstraction module. Once the account takeover is complete, the attacker can treat the wallet as their own and steal all the funds within it. The vulnerability has now been fixed in collaboration between both parties.

ChainCatcher news, Web3 smart contract wallet UniPass and hardware wallet Keystone announced their merger to form Account Labs, which will focus on account abstraction and jointly develop Web3 account abstraction solutions. After the merger, the company will retain the business brands and user bases of Keystone and UniPass, and existing users of Keystone and UniPass will not be affected by the merger.The CEO of Account Labs will be Liu Lixin, the original founder of Keystone, who will be responsible for the company's external affairs, including business development, growth strategy, financing plans, etc. The COO will be Zhixian, the original founder of UniPass, who will be responsible for the company's internal affairs, including product development, team building, operational management, etc.It is reported that Account Labs plans to launch the third generation of the Keystone hardware wallet early next year, while the team will further upgrade the UniPass product architecture in the next three months to accelerate the realization and implementation of account abstraction capabilities. (Source link)

ChainCatcher news, the Web3 smart contract wallet Unipass has now been deployed on the Ethereum scaling project Scroll pre-alpha testnet.Unipass is a smart contract wallet built on MPC key management, allowing users to register using their email and password, and supports on-chain Email social recovery, helping users conveniently manage their private keys without using tools like mnemonic phrases that are unfamiliar and prone to errors for Web2 users. (source link)