Blast Ends Partnership with Safe for Multisig Wallets
Layer-2 network Blast is discontinuing its use of Safe’s front-end for multisig wallets. The decision stems from third-party risks and usability issues. Blast, founded by Blur’s Pacman and supported by Paradigm, aims to integrate multisig directly into its mobile app.
In a recent X post, Blast announced it won’t renew its service agreement with Safe. users who used Safe’s front-end for multisig wallets now have two choices.They can either self-host their front-end or use BrahmaFi’s hosted solution. this move aims to minimize supply chain risks.
Blast encourages users to adopt these alternatives as it develops its own multisig feature. The team believes this will enhance security and user experience. The network’s co-founder, Pacman, shared this update. He highlighted the importance of reducing reliance on third-party services.
users can now opt for BrahmaFi’s front-end or self-host their wallets. This change is part of Blast’s plan to build multisig functionality directly into its mobile platform. This shift will offer a more secure and user-kind experience for the Blast community.
safe, formerly Gnosis Safe, recently faced restructuring. The company laid off 14 employees due to internal complexity. This complexity hindered their progress. The decision follows a significant theft from Bybit, linked to a compromised Safe developer environment. The theft was attributed to North Korea’s TraderTraitor group.
safe, a self-custody wallet provider, as detailed in this X post.
Bybit’s theft, linked to a Safe developer environment breach, underscores the need for enhanced security measures. Blast’s move reflects a broader trend in the crypto space towards self-reliance and reduced third-party dependencies.
