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Coinshift has initiated a collaboration with Safe to enhance the security of its personal finance platform. Meanwhile, the Telegram trading bot Bonkbot has announced a significant upgrade, transitioning to a non-custodial model. This upgrade includes pre-transaction protection, ensuring security even if platforms like Raydium Protocol and Jupiter Exchange are compromised. Additionally, Bonkbot will implement two-factor authentication (2FA) and enable seed phrase usage for multi-wallet access. The development aims to improve security measures in a space historically known for vulnerabilities in Telegram bots. Experts have praised Bonkbot's focus on hardware security and user experience, suggesting that advancements in trusted hardware can coexist with user-friendly interfaces.
Telegram bots began as some of the most insecure ways to transact in crypto But today they’re starting to push the frontier of trusted hardware with TEE-powered key management systems like this one UX and security don’t need to be at odds. If anything, they’re complementary https://t.co/71wvtRbRSg
Telegram bots have traditionally been quite insecure and have leaks everywhere along the "trust pipe." But, @bonkbot_io team is doing some solid hardware security re: their key management system. I really like this combination of UX experiment together with auditable security. https://t.co/3SUiYK9jhh
BREAKING: TELEGRAM TRADING BOT @bonkbot_io IS GOING NON-CUSTODIAL, WITH PRE-TX PROTECTION EVEN IF @RaydiumProtocol/@JupiterExchange/ OTHERS GET HACKED, 2FA SECURITY, < 0.5MS TX VERIFICATION, AND TO ENABLE SEED PHRASE USE FOR MULTI-WALLET ACCESS https://t.co/PmyiSFMYvH