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Close to the foundation’s signature chain and many businesses

Proximity Foundation, which supports the Layer 1 Proximity Protocol, announced that it now supports signatures. This advancement provides users with access to multiple channels...

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Close to the foundation’s signature chain and many businesses

Proximity Foundation, which supports the Layer 1 Proximity Protocol, announced that it now supports signatures. This advancement provides users with access to multiple channels using their Proximity accounts, increasing engagement and user experience. Thanks to a recent partnership with EigenLayer, a blockchain project built on Ethereum, chain signatures and multi-transactions have become possible. EigenLayer's expertise and collaboration have contributed to the security and performance of the blockchain, further strengthening the protocol's ecosystem and capabilities. Changing cross-chain transactions for the Chain Signatures NEAR Protocol Near Foundation announced its collaboration with light chain protocol Eigenlayer. This new technology allows ACCOUNTS to use smart contracts to sign products at any stage, modifying interactions between chains and opening up a number of use cases...

Endorsement Phishing Tricks See “Explosive Growth,” About $375 Million Stolen This Year Alone

Endorsement phishing tricks are on the rise within the crypto space, with early $375 million stolen this year alone, concurring to unused information from blockchain analytics firm, Chainalysis. Pernicious action by endorsement phishing scammers on the blockchain The unused information comes from the organization’s up and coming 2024 report on crypto wrongdoing, which characterizes endorsement phishing as a plot wherein a scammer “tricks the client into marking a noxious blockchain exchange that gives the scammer’s address endorsement to spend particular tokens interior the victim’s wallet.” This get to at that point permits “the scammer to at that point deplete the victim’s address of those tokens at will.” Concurring to the information, an evaluated $374 million was stolen in 2023...

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