John retweetledi
The first $SAFE rewards have been paid out to all Safenet Beta Stakers!
Claim here -> staking.safenet-beta.eth.limo
Read more -> docs.safefoundation.org/safenet/stakin…
English
John
1K posts
John
@SeanMacAonghais
Research @Safe Views are my own.
Katılım Haziran 2010
1.1K Takip Edilen1.5K Takipçiler
John retweetledi
John retweetledi
Safe's quarterly report is live.
TLDR;
Safe put up a record quarter in a market most people called bearish.
→ $6.8B in stablecoins secured in Safe, roughly 2% of global stablecoin supply.
→ 61.1M smart accounts now deployed, with 2.21M net new in Q1 alone.
→ 50.9M transactions in March, our biggest month yet.
Read all about it ↓
safefoundation.org/reports/q1-2026
English
John retweetledi
John retweetledi
John retweetledi
Safe{DAO} is voting on SEP-55:
5M $SAFE in staking rewards for Safenet Beta.
4.5M SAFE → validator & delegator rewards over 6 months
500K SAFE → open RFP for staking interfaces
Vote now 🧵
English
John retweetledi
John retweetledi
For JP, the most important announcement from EthCC wasn't Aave V4 or the Ethereum Economic Zone. It was Safenet — and the reason starts with $3.4 BILLION in crypto theft in 2025.
Bybit’s hack saw $1.5B gone because attackers compromised the UI and signers approved the fraud themselves. The industry built better warnings (simulation tools, banners, previews) but when the interface is compromised, warnings are worthless.
Because the main attack surface in 2026 isn't code. It's people.
Safenet moves the security check INTO the execution path:
> Before any Safe transaction executes, a decentralized network of validators checks it against a set of security rules. If it doesn't pass, it doesn't go through.
> At launch, there are five rules: each one designed to block the specific types of vulnerabilities that made the Bybit hack possible.
> Six founding validators (incl. Gnosis, Blockchain Capital, and Safe Labs) each stake a minimum of 3.5M SAFE to participate. The system is designed to function correctly even if some validators act dishonestly, and all activity is publicly auditable.
> Users keep full control of their funds. If a transaction gets flagged, the wallet owner can still override it manually after a waiting period.
> For an industry hemorrhaging billions to hackers, this is the upgrade we needed.
Worth a full read.
Jean-Paul Faraj@Web3zy
English
Safenet checks for unexpected delegatecalls (delegatecalls that are not multisend/batching tx's) to prevent attack vectors like swapping a wallet's ownership policy with a malicious contract.
In terms of the tx process, the Safenet guard would prevent the tx being executed by the signers (even after the signers try to execute), as the validator checks (usage of delegatecall) would not pass.
This is not a "magic bullet" check but another layer of security which is needed.
You can find our initial Beta's checks here -
#transaction-checks" target="_blank" rel="nofollow noopener">docs.safefoundation.org/safenet/overvi…
English
Thanks for the clear and concise outline @Web3zy! Your note on thinking about @safe-net in terms of whether it can prevent a Bybit type hack is an interesting exercise.
At what point of the transaction process would Safenet prevent a Bybit type hack (Where the frontend is showing bad info)? It seems an app could submit real (malicious) data to Safenet while showing bad info in the frontend.
Safenet would need to know the info that is being shown on the frontend too. A potential solution could be to "pre-register" info with Safenet so that way Safenet knows what some of the expected addresses, contracts, and actions to enforce are.
I still need to read through the forum post and Safe article to learn more.
English
John retweetledi
Safe team always making good product moves.
Here's another.
Decentralized anti-virus + firewall for your Safe transactions.
Safe.eth@safe
$20B lost to hacks since 2017. Self-custody has been under relentless attack. As an industry, we need to level up defences. 🔊 Today, we introduce Safenet Beta🔰 A defence protocol for self-custody, powered by the $SAFE token. Onchain enforcement of security can protect users in ways that warnings simply cannot. Safenet is designed to protect users EVEN IF THEY SIGN BY MISTAKE 🧵
English
John retweetledi
Unfortunately we still see large-scale hacks and loss of funds on a regular basis.
Multisig alone is not enough. UI warnings help but can be easily circumvented.
So we've built something new. A protocol that enforces security checks onchain.
🧵 1/6
Safe.eth@safe
$20B lost to hacks since 2017. Self-custody has been under relentless attack. As an industry, we need to level up defences. 🔊 Today, we introduce Safenet Beta🔰 A defence protocol for self-custody, powered by the $SAFE token. Onchain enforcement of security can protect users in ways that warnings simply cannot. Safenet is designed to protect users EVEN IF THEY SIGN BY MISTAKE 🧵
English
John retweetledi
Huge losses need to stop! And I am convinced there are no "magic bullet" solutions, just adding layers and layers of security. SAFENET will become such an additional layer that does perform independent checks, even after the user signed (and potentially made a mistake).
Safe.eth@safe
$20B lost to hacks since 2017. Self-custody has been under relentless attack. As an industry, we need to level up defences. 🔊 Today, we introduce Safenet Beta🔰 A defence protocol for self-custody, powered by the $SAFE token. Onchain enforcement of security can protect users in ways that warnings simply cannot. Safenet is designed to protect users EVEN IF THEY SIGN BY MISTAKE 🧵
English
John retweetledi
$20B lost to hacks since 2017. Self-custody has been under relentless attack. As an industry, we need to level up defences.
🔊 Today, we introduce Safenet Beta🔰
A defence protocol for self-custody, powered by the $SAFE token.
Onchain enforcement of security can protect users in ways that warnings simply cannot.
Safenet is designed to protect users
EVEN IF THEY SIGN BY MISTAKE
🧵
English
John retweetledi
38M+ people use Safe smart accounts through @useworldapp more than any other application in Crypto.
Today, @safefndn and @worldcoinfnd are deepening that alignment with a 5-year token swap, the first partnership in our new Ecosystem Alignment Program.
Self-custody at scale isn’t coming; it is already here.
$SAFE x $WLD
English
John retweetledi
One of the most important @EFDevcon talks on upgrading privacy and security with @safe Secret Harbour by encrypting data! 👏🏻🔰🟢
Defi Security Summit@summit_defi
Multisig transactions are often exposed in public queues, which can be front-run for profit. John Ennis, R&D at @safe, will speak at DSS on “Stopping Multisig MEV with Harbour”, introducing an end-to-end encrypted queue that prevents multisig extractable value.
English
Right now, the assumption is that one of the signers will execute the safe transaction. If you want to work with relayers, you can either encrypt the Safe transaction from the beginning with an additional relayer public key
(so the other signers and the related can decrypt the Safe transaction), or one of the signers reveals the fully signed Safe transaction to the relayer.
English
John retweetledi
Introducing
Safe Ventures: Backing winning teams that accelerate self-custody
Self-custody isn't just important for crypto's future—it's the only path forward. Without it, we're just rebuilding traditional finance with extra steps. We believe self-custody at scale is inevitable, and we're backing exceptional founders that will make it happen.
English
John retweetledi
Say hi to @SeanMacAonghais - a self-proclaimed self-custody maxi who's busy looking after the @Safe ecosystem.
We’re excited to have him join us at the P2P Hacker Lounge.
Jam with John and the rest of the crew in Buenos Aires, 22 Nov.
luma.com/mcodb4f7
English
John retweetledi
🚀 Introducing the new Policy Engine from @Safe Research Team - the next evolution of guard frameworks for smart-contract wallets.
🔍 Check it out here 👉 safefoundation.org/blog/safe-rese…
English
John retweetledi
📣 MAJOR NEWS: @safefndn and @circle are partnering to accelerate @USDC adoption on Safe smart accounts and establish @safe as the institutional standard for self-custody & DeFi
🟢 Over $57 billion in USDC has moved through Safe since 2023. In the past 18 months, institutional demand, amplified by regulatory clarity has driven explosive growth in USDC on Safe.
🟢 USDC transfer volumes through Safe have nearly tripled, climbing from $1.5 billion monthly in early 2024 to $4.1 billion in September 2025. With $25.3 billion in USDC transfers through September, Safe is on track to nearly double its 2024 full-year volume ($18.3B).
🟢 Safe now secures $2.5 billion in USDC and has crossed $1T+ in total transaction volume, establishing itself as battle-tested infrastructure of choice for institutional stablecoin operations.
This partnership builds on that explosive growth.
Accelerate
English