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Bitcoin multi-signature hardware wallet Frostsnap fixes two security vulnerabilities, team urges users to update as soon as possible.

1 hours ago

Bitcoin multi-signature hardware wallet Frostsnap has released version 0.4.0, fixing two security vulnerabilities, and confirmed no user funds have been lost so far. The two flaws are: FSA-2026-001: Malicious signature requests can mark a transaction output as belonging to the user’s wallet; the device does not verify this claim or display it on the confirmation screen, which could lead to funds being sent to addresses the user has never encountered. FSA-2026-002: Change addresses may fall outside the wallet’s recovery scan range, causing apparent missing funds after backup and recovery, though the funds actually remain in the wallet. After the update, the app will prompt users to upgrade their device firmware, and firmware downgrade protection has been added. The team advises updating both the app and firmware without delay.

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CZ: Unable to predict crypto hotspots for the next bull run; both RWA and AI are very strong, while existing narratives will also continue to develop.

Binance founder CZ stated at the Bitcoin Asia 2026 conference: "As for crypto hotspots in the next bull market, right now, RWA and AI are both very strong. Stablecoins will continue to grow, centralized exchanges will keep expanding, decentralized exchanges (DEX) will also grow, meme coins will keep rising, NFTs may make a comeback in some form, and DeFi will continue to expand. So I think many sectors will keep growing. I don’t know what the next big hotspot will be—it’s hard to predict. You know, in early 2017, I wouldn’t have predicted ICOs, yet half a year later we were already doing ICOs; six months before the NFT boom, I also couldn’t have foreseen it. So predicting the next big thing is very difficult. I believe it depends on entrepreneurs—like all of you here and those outside—you are the ones who create the next major trend. That’s pretty much all I have to say."

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「OpenAI outplayed Tibo」: The user changed their profile picture to a gray-haired old man avatar and hinted that the service quota will be reset tomorrow.

Beating AI News Flash: OpenAI core product lead Tibo Sottiaux recently appeared on Matthew Berman’s interview. Right after the episode aired, netizens noticed he looked drastically different from his original profile photo—longer hair and much more worn out. Soon, the "OpenAI aged me" meme went viral on X. Some users posted side-by-side photos and asked: "What did OpenAI do to you?" Tibo replied: "Hair grows, and it can be cut." He later launched a poll asking if he should get a haircut. Today, Tibo went all in by updating his X profile picture to the "tired version" from the interview, leaning into the meme. He joked that working at OpenAI for a few weeks equals the workload of years at other companies: "You can age so much in just a few days, it’s crazy." Shortly after, he added that he felt like he hadn’t pressed the reset button in 20 years, and planned to dig it out and dust it off tomorrow. This line was essentially a reminder to Codex users: "Time to log off!"

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CZ: The development of Real World Assets (RWA) will ultimately benefit Bitcoin, attracting U.S. stock market funds to enter the crypto market.

Binance founder CZ told attendees at the Bitcoin Asia 2026 conference: "Tokenized assets are a net positive for Bitcoin and the broader crypto industry. Those who understand Bitcoin will eventually explore other blockchains, tokens, and related areas; meanwhile, individuals entering the space through stock tokenization will also come to notice Bitcoin. For instance, right now in Hong Kong, Asians seeking to purchase US stocks face major barriers opening a brokerage account. For the small number who can secure US brokerage accounts, trading hours are highly inconvenient—US stock markets typically run from 11 PM to 4 AM daily. Tokenization actually democratizes access to stock markets, allowing people who couldn’t buy US stocks before to do so. They access these via crypto platforms, and once on these platforms, they are likely to gain exposure to Bitcoin that they wouldn’t have had otherwise. Over time, this effect will continue to build. So, what’s good for tokenized stocks is also beneficial for traditional stock markets and Bitcoin. I believe all these developments reinforce each other. The entire ecosystem is not a competitive space where one project goes up against another."

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Bitget launches the Simple Coin Earning Double Interest Boost Campaign, with up to 10% extra interest available for USDT subscriptions.

Bitget has launched a net deposit interest boost campaign, running from August 27 to September 10. During the event, VIP users who meet the specified net USDT deposit requirements and subscribe to the corresponding Simple Earn product can enjoy an extra interest rate of up to 7%; all users who meet the specified net USDT deposit requirements and subscribe to the corresponding Simple Earn product can get an extra interest rate of up to 10%. Additionally, from September 3 to September 10, users who meet the requirement of average financial holdings over the past 7 days and subscribe to the corresponding USDT or U Simple Earn products can enjoy an extra interest rate of up to 7.5%. No manual registration is needed for the campaign; the system will automatically verify participation eligibility. For more details, please refer to Bitget's official platform.

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CZ: Bitcoin will become more important than gold in the future, and the shift by major powers will take time.

Binance founder CZ said at the Bitcoin Asia 2026 conference: "I believe Bitcoin will definitely become more important than gold. Yes, we must recognize that major countries need many years to make such a shift. They already have a complete system for valuing and holding gold, so it will take time for them to transition to Bitcoin or crypto assets—but this will absolutely happen. Bitcoin itself is a far better asset than gold."

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A South Korean court has ruled that users who profited from Bithumb’s incident of mistakenly sending Bitcoin must return the unjust enrichment.

Seoul Central District Court on August 27 handed down its first-instance ruling in the incident involving Bithumb, South Korea’s second-largest cryptocurrency exchange, over its mistaken distribution of bitcoin (BTC), ordering relevant users to return approximately 194 million won in proceeds from selling the mistakenly sent BTC. Bithumb had previously made an operational error in an activity reward program, mistakenly inputting BTC instead of won for rewards originally denominated in the local currency, leading to a total of around 620,000 BTC being misdistributed. In March, the exchange filed separate unjust enrichment lawsuits against four users who sold the mis-sent BTC and failed to return the proceeds; other related cases involve amounts of approximately 500 million won, 14.8 million won, and 5 million won. South Korea’s Financial Services Commission (FSC) earlier noted that the incident involved BTC with a book value of roughly 61 trillion won. (Digital Asset)

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