BNB Chain to Shut Down Multi-Sig Wallet, Directs Users to Safe Global

Published at 2025-11-12 22:24:38

BNB Chain announced it will shut down its existing multi-sig wallet and guide users to Safe Global (formerly Gnosis Safe) as the supported multisig solution. Users running multisig setups or holding funds in the legacy contract are being asked to migrate assets and ownership configurations to Safe Global ahead of the planned deactivation to ensure uninterrupted control and transaction capabilities.

The transition is pitched as a security and interoperability upgrade, bringing improved cross-chain compatibility and modern key-management features to projects and validators on BNB Chain. Any wallets not migrated before the deactivation deadline will no longer have multisig functionality, so users should consult official BNB Chain channels for the migration guide and timeline and move funds promptly to avoid service disruption.

Share on:

Related news

Yearn Recovers $2.39M of $9M After yETH Stableswap Exploit

Yearn Finance has recovered $2.39 million of roughly $9 million stolen after a flaw was exploited in a custom yETH Stableswap pool. Recovery efforts are ongoing as teams trace funds and try to secure remaining assets.

Published at 2025-12-03 08:30:23
Trust Wallet Unveils Native Prediction Markets for 200M Users

Trust Wallet launched native prediction markets on Dec. 2, integrating Myriad on BNB Chain to let its ~200 million users trade real-world event outcomes, with Polymarket and Kalshi coming soon.

Yearn Finance Hit by $9M DeFi Exploit; $2.39M pxETH Recovered

Yearn Finance confirmed a breach of a custom yETH stableswap pool that resulted in about $9 million in losses. The protocol recovered roughly $2.39 million in pxETH and the incident highlights ongoing security risks in custom DeFi pools.

Published at 2025-12-01 19:15:10
Malformed Transaction Exploit Triggers Emergency Response on Cardano

In November 2025 a malformed transaction exploited a deserialization bug on Cardano, prompting emergency interventions across the network. The incident has reignited scrutiny over the project's governance and update processes.

Published at 2025-12-01 15:45:08
Dunamu CEO Apologizes After Upbit Breach as Solana-Linked Losses Revised

Dunamu’s CEO apologized after a security breach at Upbit prompted the exchange to revise its estimated losses tied to Solana-related activity. The incident heightens scrutiny of exchange security and hot-wallet management.

Published at 2025-11-28 10:45:23