Ethereum's Pectra Upgrade Exposes New Security Risks
Today in crypto, Ethereum's Pectra upgrade has been identified as introducing a new attack vector that allows hackers to drain funds from wallets using only an offchain signature. The upgrade enables users to delegate wallet control to another contract by simply signing a message, posing a significant security risk if such signatures are obtained maliciously. In another development, Bitcoin Satoshi's Vision (BSV) investors are attempting to revive a lawsuit against Binance over alleged price damage caused by BSV's delisting in 2019, potentially seeking up to £10 billion in damages. Meanwhile, businessman Robert Kiyosaki has advised his followers to abandon 'fake money' and instead support assets like Bitcoin, gold, and silver, attributing his concerns to centralized monetary policies and echoing sentiments from former Congressman Ron Paul regarding the dangers of such systems. Kiyosaki emphasized the importance of opting out of fiat systems to preserve personal wealth.
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