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Cactus Custody Fortifies Institutional Protection with Pre-parsed Signatures and Advanced Multi-layered Reviews Against Permit Phishing Attacks

BlockBeats news, October 17, As phishing attacks targeting Permit signatures increase, Cactus Custody has responded proactively by adhering to its core principle of prioritizing security. Through the use of pre-parsed Permit offline signatures, combined with multi-layered review processes and fund authorization whitelists, Cactus Custody ensures that institutional users fully understand transaction details before signing, avoid suspicious addresses, and protect their assets.

Additionally, Cactus Custody’s DeFi Whitelisting Service enhances security on multiple fronts, including signature control, contract interactions, fund authorizations, and domain access, offering comprehensive protection for institutional users within the DeFi ecosystem.For more details on the DeFi Connector, please visit the original link.

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Cactus Custody 2024: A Year of Gratitude and Growth

1. In 2024, Cactus Custody added 177 institutional clients, reached an asset under management of $4 billion, supported 56 blockchains, added 14 DeFi connectors, processed over 1.5 billion transactions daily, and launched the Oasis OTC settlement service. 2. The company entered into strategic partnerships with several leading enterprises, including Elven, Blocknative, Tenderly, Victory Securities, InvestaX, and RedotPay, aiming to enhance digital asset auditing capabilities, real-time insights and MEV protection, on-chain visibility, institutional-grade custody bridges, real-world asset tokenization, and settlement efficiency and compliance. 3. Cactus Custody continues to innovate in the DeFi space, collaborating with CoreDAO to support Layer1 solutions, staking $147 million in BTC through the Babylon Cap2 event, and enhancing the security and interoperability of the Bitcoin network as a validator on the exSat mainnet. 4. The company achieved significant milestones in trust and compliance, partnering with Vistra to offer top-tier trust services, strengthening compliance and security frameworks, obtaining SOC 2 Type 2 certification, securing a temporary exemption from the Monetary Authority of Singapore (MAS), and continuing to provide digital payment token custody services. 5. Cactus Custody plans to introduce more advanced technology in 2025, establish additional strategic partnerships, attract more institutional participation, uphold the principle of "safety first, integrity always," and strive to create a more secure and user-friendly digital asset management service.

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Cryptocurrency giants have been tricked one after another. Why is Permit signature phishing so powerful?

Please read the interactive URL and signature content above the Singnature request carefully and patiently.

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