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Shenyu: Bybit security incident and multiple Safe owner tampering incidents expose current blockchain security issues

Cobo Lianchuang and CEO Shenyu wrote on the X platform that the Bybit 1.50 billion dollar security incident and multiple Safe owner tampering incidents exposed the current three major pain points of blockchain security: The front-end/plug-in is easily tampered with, and users cannot verify the signature data. The multi-signature key holder environment lacks independence and there is no mandatory audit mechanism. The hardware wallet has weak transaction analysis ability and is basically in a blind signature state.