The SAFE token is down 23% amid a widespread crypto selloff.

Binance founder CZ criticized Safe after ByBit’s audit revealed the point-of-failure exploited by North Korean hackers.

Bybit suffered a security breach on its ETH cold wallet, with the hacker stealing over $1.4 billion.

Should the proposal pass, SafeDAO will use the fees to accumulate SAFE tokens for the project’s treasury.

Exploring DeFi’s leading multi-signature solution.

Welcome back to The Defiant everyone, we are back with another sponsored explainer video. Today we’ll be discussing Safe Wallet and some of you may be more familiar with their former branding, Gnosis Safe. Safe began as an independent project within Gnosis, who are responsible for the likes of CowSwap, Gnosis Pay, and Gnosis Chain, but in 2022 members of the GnosisDAO decided to spin off the Gnosis Safe and build Safe, who aim to develop an entire ecosystem around their multi-sig smart accounts.

A 99% majority vote resulted in the unfreezing of the SAFE token contract for transfers.

If passed, the proposal would pave the way for SAFE to soon become transferable.

Base offers up to 1 ETH in gas rebates for smart account developers.

SafeAuth wallet solution leverages account abstraction and MPC to let users access crypto apps using Web2 logins.