Gate News message, April 9, the Monad Foundation announced it will cover the cost of dedicated signing laptops for protocol teams whose TVL reaches or exceeds $2.5 million, to be used for multisig, treasury, and other critical operations. Eligible teams can contact the Monad Foundation to apply; the subsidy may require completing additional security training and routine KYC. The Monad Foundation emphasized that the signing device must never be the same computer as the one used for everyday activities like browsing the web, writing code, or attending meetings. Earlier, Monad co-founder Keone Hon called on protocol parties to immediately adopt dedicated signing computers for multisig operations and not to keep using everyday computers. He pointed out that everyday computers are extremely easy to be compromised; once a computer is taken over, even if a hardware wallet is connected, the signing process may be maliciously altered, creating security risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
SEC Approves NYSE Rule Change to Enable Tokenized Securities Trading
The SEC has approved a NYSE proposal to create a trading mechanism for tokenized securities, allowing them to be traded alongside traditional shares with full fungibility and equal trading rules.
GateNews5h ago
Tobu Top Tours Launches XRP Ledger-Based Prepaid Payment Platform, Targeting Japan's ¥30T Market
Tobu Top Tours has partnered with SBI Ripple Asia to launch a prepaid token payment platform on the XRP Ledger, gaining regulatory approval in Japan. Set for rollout later this year, it allows users to convert yen into blockchain tokens for various tourism services. SBI Ripple Asia also announced research to enhance Japan-South Korea cross-border payments using the XRP Ledger.
GateNews6h ago
SIX Taps Chainlink to Deliver Equities Data Onchain
SIX has integrated Swiss and Spanish equities data onchain via Chainlink's DataLink, enhancing access to over 75 blockchain networks. This allows the use of verified market data in various digital finance products, meeting growing institutional demands for reliable data.
CryptoFrontNews13h ago
X's Cashtags Feature Generates $1B in Trading Volume Within Days of Launch
X has launched the Cashtags feature, integrating financial trading into its social feed, generating $1 billion in trading volume shortly after its release. Currently available for iPhone users in the U.S. and Canada, it allows easy access to market data and discussions. X Money, a peer-to-peer wallet, is set for rollout amid regulatory concerns, while a new integration with Wealthsimple enables direct in-app trading.
GateNews13h ago
Luffa Partners with Digital Asset Platform to Integrate AI-Powered Crypto Trading
Luffa, a Web3 social ecosystem, partnered with a digital asset trading platform to integrate AI-driven trading features, enhancing secure communication and trading in a unified interface while maintaining decentralization and risk mitigation.
GateNews17h ago
DGrid AI and Stable Form Partnership to Advance AI Infrastructure for Blockchain Payments
DGrid AI partners with Stable to integrate AI into blockchain payment systems, simplifying access for developers and enhancing scalability for AI-driven financial applications. This collaboration aims to advance the intersection of AI and blockchain in digital finance.
GateNews18h ago
