China News Daily TheBitTimes.com

The Ethereum blockchain forked today for its Pectra code change and introduced a suite of new Features , upgrades, and vulnerabilities. However, within an hour of the changeover, concerned users were warning about a new threat vector: message signing. “Be careful what you sign… It is enough to drain all tokens,” posted one user to Telegram. Another Ethereum user echoed the warning, saying, “You only have to sign a message to get completely drained!” Many other warnings flagged similar risks . Ethereum’s Pectra upgrade included Ethereum Improvement Proposal (EIP) 3074, which has introduced new AUTH and AUTHCALL Ethereum operation codes. These opcodes allow the holder of an Ethereum private key to delegate authorization to a smart contract. Developers called it an important step in achieving account abstraction. However, critics say it has introduced new phishing attacks that allow theft of all assets in a user’s wallet once they delegate control of their keys. ...

A recent press release reveals that Venom has registered over one million wallets barely three months after testnet launch. Over 1 million wallets registered on Venom Following the launch of the Venom testnet on April 26, there has been a noticeable surge in growth. Specifically, registered wallets connected to the mainnet exceeded the 1 million mark in July. This near-exponential growth, the project says, can be attributed to their base technology, strict regulatory compliance, and secure and user-friendly environment. Combined, these Features have been attracting diverse users, including experts and newbies.  In June, Venom’s growth was evident in multiple planes. For instance, the blockchain processed over 277 million transactions, a 46% increase from May. At the same time, the number of accounts deploying smart contracts rose by 65% to 28 million. You might also like: Venom Foundation launches hackathon with a $225,000 prize pool Mor...