Wallet Permissions
5 stories
Tether's AI Wallet Ambition Puts Spending Limits on Developers
Tether's push to let AI agents spend stablecoins through local wallets shifts the burden of enforcing spending limits onto developers, raising new questions about security, user control, and the practical risks of automation
Trump-Backed USD1 Stablecoin Faces Scrutiny Over Hidden Admin Controls
Justin Sun alleges World Liberty Financial's USD1 stablecoin allows privileged operators to move funds from frozen wallets, raising concerns about undisclosed contract powers and transparency gaps as the project seeks U.S. trust bank approval
ShipMonk Data Breach Exposes Trezor Buyers to Phishing and Theft Risk
A breach at ShipMonk compromised personal data for nearly 14,000 Trezor hardware wallet customers, raising concerns about targeted phishing and physical attacks as crypto-related security incidents accelerate in 2026.
Drift Protocol Attack Exposes Limits of Multisig Wallet Security
Multisig wallets are designed to prevent single-point failures, but the $285M Drift Protocol exploit shows that valid signatures alone can't stop social engineering or malicious transactions when thresholds are low and oversight is weak
XRPL Validators Block Exploit, Forcing Rewrite of Key Ledger Upgrades
A critical flaw in proposed XRP Ledger amendments could have let attackers drain user accounts through transaction fees. Validators intervened before mainnet activation, prompting a rewrite and delaying new features.