Flow Recovery Plan: Addressing $3.9 Million Blockchain Exploit
The Flow Recovery Plan is an essential framework initiated by the Flow Foundation to address the aftermath of a significant $3.9 million crypto exploit that raised critical concerns regarding blockchain security.This proactive initiative not only aims to recover lost assets but also emphasizes improving the overall safety of the blockchain ecosystem, particularly in relation to EVM functionality restoration.
Trust Wallet Security Breach: Major Concerns for Users
The recent Trust Wallet security breach has sent ripples of concern through the cryptocurrency community, as it has uncovered deep flaws in digital wallet security.This alarming incident was initiated by an API key leak in Trust Wallet’s browser extension version v2.68, resulting in over 2,520 wallet addresses being compromised and leading to a staggering theft estimated at around $8.5 million.