Evening Must-read | Security Issues that Airdrop Hunters Need to Be Alert About

Key Security Concerns for Airdrop Hunters

1. What BTC spot ETF applications are currently available? What is the timeline for approval and the deadline?

Court documents show that the United States Court of Appeals for the District of Columbia Circuit ruled that “administrative decisions must be consistent and predictable, following the basic principle that similar situations should be treated similarly, in order to avoid arbitrariness and capriciousness.” New York Stock Exchange Arca has proven that Grayscale’s regulatory factors are similar to Bitcoin futures ETFs. The SEC failed to adequately explain why it approved the listing of two Bitcoin futures ETFs but did not approve Grayscale’s Bitcoin ETP proposal. In the absence of a consistent explanation, different regulatory treatment of similar products is illegal.” Click to read

2. Comprehensive Analysis of Cosmos Hub: The Potential Interchain Security Center

The first batch of blockchains were specific application networks serving a single purpose, such as Bitcoin for facilitating financial transfers and Namecoin for providing identity solutions. Later, general-purpose chains like Ethereum offered composability, allowing multiple protocols on the same platform. Finally, specific application networks (application chains) returned as the dominant architecture, incorporating composability in the form of an interoperable multi-chain ecosystem. Click to read

3. Understanding Different Perspectives on Grayscale’s Legal Victory: Predicting SEC’s Next Steps

On August 29th, local time, Grayscale won a major victory against the U.S. Securities and Exchange Commission in court. The Washington Appeals Court approved Grayscale’s petition to review the SEC’s rejection of its application to convert GBTC into a spot Bitcoin ETF. Hope for the approval of a spot Bitcoin ETF has been reignited. Click to read

4. Analysis: Grayscale Proposal Must be Reconsidered, What Will the SEC Do?

Federal circuit courts rarely find government agency actions to be arbitrary and capricious, violating the Administrative Procedure Act. The DC Circuit Court has just brought significant embarrassment to the SEC. However, the ETF has not yet been approved. Click to read

5. Browser Vulnerabilities? Security Issues that Airdrop Hunters Should Be Aware Of

Last week, a hacker attack occurred, and many users of the Bitcoin browser reported that their private keys had been stolen. There is speculation that this situation may be caused by the use of the Bitcoin Fingerprint browser. Wallets of users who have enabled extension data synchronization are at risk of being stolen, and it is recommended to take immediate action to transfer wallet assets. The Bitcoin browser is a multi-account management tool that allows users to easily create multiple IP browser window tabs. Click to read

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