Currencies37809
Market Cap$ 2.59T-1.25%
24h Spot Volume$ 35.52B-11.3%
DominanceBTC57.40%-0.62%ETH9.40%-1.06%
ETH Gas0.18 Gwei
Cryptorank
/

Ethereum Foundation and Major Wallets Launch “Clear Signing” Standard to End Blind Transaction Approvals


Ethereum Foundation and Major Wallets Launch “Clear Signing” Standard to End Blind Transaction Approvals

Share:

AI Overview

On Tuesday the Ethereum Foundation announced it will phase out the blind signing standard—approving raw hex strings without intent visibility—and replace it with clear signing to close a major wallet security vulnerability. This protocol update targets signing-related attack risk, should bolster DeFi and wallet adoption by improving transaction transparency, and is a positive security-driven upgrade for the crypto ecosystem.

Bullish

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner
The last few years have shown that the biggest vulnerability in crypto wallets today is blind signing. This is the practice of approving raw hex strings without knowing what they actually do. However, on Tuesday, the Ethereum Foundation officially announced that this standard is going to be phased out and replaced with clear signing alongside...
Read the article at CryptoPolitan

In This News

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

In This News

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share: