Lookonchain APP

App Store

Ethereum Foundation’s 1TS Program Grants Funding to WEBCAT to Address Verification Gaps Between Ethereum Wallets and Application Frontends.

2026.08.05 20:34:44

The Ethereum Foundation’s Trillion Dollar Security initiative has announced a grant to the Freedom of the Press Foundation (FPF) to support the continued development of its open-source tool WEBCAT. WEBCAT enables browsers to verify that code provided by registered websites matches the version released by developers. For Ethereum users, when accessing dApp websites, browsers load and execute the site’s code. If that code is tampered with, wallets could have their receiving addresses swapped or be tricked into signing unintended transactions—and a simple connection alone cannot confirm whether the page has been altered. The Trillion Dollar Security (TDS) initiative has identified front-end attacks as an infrastructure risk and has prioritized verifiable front-ends as its next focus area. Part of FPF’s motivation for building WEBCAT is that its SecureDrop anonymous whistleblowing system will require verifiable browser code in the future; the code integrity risk is identical to the browser front-end risks faced by Ethereum users. The grant will fund the development of a WEBCAT verification library that can be integrated into wallets, letting users gain protection without installing a separate extension. It will also support research into Chrome and Chromium browser compatibility, integration assistance for teams, an independent security audit, and the creation of an ERC standard—so wallet developers have a standardized framework to follow.

Relevant content

During yesterday's market crash, Hyperliquid's priority fee hit an all-time high.

Hyperliquid’s priority fees reached $521,000, hitting an all-time high, while this revenue stream also accounted for a record 12.7% of the platform’s daily total income. Priority fees refer to additional payments users make to validators or protocols to have their transactions processed first amid intense market competition or network congestion. Yesterday, coinciding with a historic plunge in US stocks, on-chain liquidation bots, arbitrageurs, and ordinary traders all scrambled for transaction processing priority to execute their intended operations faster amid the extreme market conditions.

7 minutes ago

Uniswap launches permissioned assets for the first time, with GromaCorp introducing real estate issuance and redemption to AMMs.

Uniswap tweeted that it has listed permissioned assets on Uniswap AMM for the first time. Groma Corp has integrated real estate issuance and redemption directly into the AMM via the Permissioned Pools Hook. The official stated that Groma Corp’s tokenized securities are only accessible to US qualified investors and non-US users. Earlier reports noted that Uniswap launched the Permissioned Pools Hook, enabling permissioned asset trading through automated market makers (AMMs) with compliance enforced directly on-chain. Permissioned asset pools are built in collaboration with on-chain asset management teams.

7 minutes ago

The sharp plunge in the US stock market may stem from hedge fund liquidation, with market expectations that multiple funds are undergoing full liquidation.

In response to yesterday's U.S. stock market plunge, most Wall Street traders and analysts attribute the main cause not to fundamental deterioration, but to hedge fund liquidation. Noel Smith, co-chief investment officer at Kai Asset Management, said: "A decline of this magnitude without major market news is extremely rare. This reeks of liquidation." Besides Bloomberg's report last night that multi-strategy hedge fund Walleye Capital will streamline its internal equity long-short business, the market widely expects several funds are undergoing full liquidation, or "pods" (independent investment teams) within multi-strategy funds are being forced to close out positions. According to a list released this morning by leading financial research community Special Situations, multiple hedge funds are facing distress, including Axebrook, Walleye, Engineers Gate, Lone Pine, Millennium internal pods, Verition pods, and Samlyn, mainly involving large redemptions, internal team closures, or portfolio manager (PM) replacements. Notably, during the U.S. stock market's major turmoil in July this year, AI hedge fund Situational Awareness also experienced a similar incident: its assets shrank by 67%, and it subsequently reached an emergency exit deal with Citadel, selling most of its public stock holdings at a discount.

7 minutes ago

Japan's stock index falls nearly 7%, SoftBank drops 14%.

According to Bitget market data, the Nikkei 225 index fell below 57,000 points, dropping 6.72% on the day. Tokyo Electron declined 13%, Advantest fell 13%, and SoftBank dropped 14%.

7 minutes ago

Kraken announces plans to launch a tokenized product for Anthropic’s IPO.

According to Kraken’s disclosure, the crypto exchange has announced plans to launch a tokenized product for the IPO of Anthropic, the developer behind Claude. Kraken noted in an accompanying graphic that IPO allocation decisions are not made by Kraken, and allocations may be granted in full, in part, or not at all; funds not allocated will be refunded. The product is not offered to U.S. persons or residents and is subject to geographic restrictions.

7 minutes ago

South Korea’s KOSPI index resumed trading after a circuit breaker halt, with its decline narrowing.

According to Bitget's market data, South Korea's KOSPI index resumed trading after a circuit breaker halt, with its decline narrowing to 6.8%. Among heavyweight stocks, SK Hynix fell 7.99% and Samsung dropped 7.3%.

7 minutes ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano