Euphoria completed a $7.5 million seed round financing aimed at developing a mobile application that simplifies encryption derivatives trading. The financing was led by Karatage, and it is expected to drop the participation threshold for users through a "tap trading" approach.

According to Jinse Finance, data monitored by Arkham shows that about five hours ago, the Web 3.0 Oracle Machine Api3 DAO transferred approximately 1258 ETH, worth about 4.3 million USD, to its associated Gnosis Safe Proxy. As of now, its Ethereum reserves amount to approximately 3800 ETH.

PANews, June 19 – Smart contract wallet developer Safe (formerly Gnosis Safe) has announced the establishment of the "Safe Research" team, focused on self-custody development, dedicated to promoting secure, censorship-resistant, and privacy-preserving smart account infrastructure. The team will build a more secure, convenient, and decentralized Ethereum self-custody solution in an open-source manner, with the first achievement being the proposal for a "multi-chain permissionless factory deployment" ERC standard. Safe Research calls on the Ethereum community to participate together in advancing the self-custody experience and improving security.

According to Gate News bot, CoinDesk reported that Safe has announced the establishment of a new development entity, Safe Labs. This move aims to integrate the company's technology operations and product roadmap. This initiative is a response to the Bybit Hacker incident related to North Korea that occurred in February 2024. In this incident, Safe's frontend application was attacked, but the core contract was unaffected. Safe Labs, as the development department of the Safe Foundation, will replace the original outsourced development model and is committed to providing security and usability services for the crypto-native community and institutional users.

PANews, June 4th news, according to unfolded. data, as of the writing of this article, the deployment volume of Safe account has exceeded 43 million, currently accounting for more than 63% of the entire smart account market, followed closely by Alchemy with a share of 25%, and ZeroDev with 6%.