Can Safe{Wallet} Get Even Stronger?
The recent Bybit hack, which stole 1.5 billion dollars in assets, revealed flaws in traditional multi-signature wallets. Without independent checks, attackers can exploit interfaces or contracts to trick users into signing. Absolute security needs multiple layers of protection.
Cactus Custody Strengthens Safe{Wallet}
Cactus Custody introduces a new security upgrade for Safe{Wallet}. It adds independent whitelist verification to block threats before signatures are finalized on the blockchain. This fixes multi-signature weaknesses and protects against supply chain risks.
Key Security Features
Users can enable advanced security for Safe{Wallet} Signer addresses hosted by Cactus Custody for these benefits:
- Multiple approval steps prevent errors and fraud with careful oversight.
- Independent risk controls ensure thorough transaction checks:
- Flexible signature settings
- Strict control over transaction types
- Secure Safe feature limiting access
- Whitelist for layered protection
- Transparent transactions with EIP-712 decoding display all details, eliminating blind signing and hidden risks.
- Precise previews of transaction details and fund flows ensure error-free steps.
Independent and Complementary Security
Cactus Custody acts as an independent third-party signer, reviewing signatures and transactions without relying on existing systems. This avoids single-point failures. The solution works alongside your current setup, letting you keep control of your assets while adding strong security. It is a reliable choice for institutions.
Want to Learn More About Safe{Wallet} Upgrades?
Contact us today to explore how we can help keep your assets secure!