Layer-2 blockchain Blast ends Safe integration over third-party risk concerns
By: bitcoin ethereum news|2025/05/13 15:30:06
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Blast is phasing out Safe’s front-end for multisig wallets, urging users to self-host or use BrahmaFi as it works to integrate multisig directly into its mobile platform. Layer-2 network Blast, built by the Blur founder Pacman and backed by Paradigm, has ended its service agreement with self-custody wallet provider Safe, citing third-party risk and usability concerns as it prepares to launch its own multisig solution. We’ve decided not to renew our service agreement with @Safe . If you previously used their frontend to access your multisig wallet, you have two options: 1. Use @BrahmaFi ’s hosted frontend 2. Host your own frontend to reduce supply chain risk (instructions here:... — Blast (@blast) May 13, 2025 The team behind the network said in an X announcement on Tuesday that it had decided “not to renew” its service agreement with Safe, adding that users who previously accessed their multisig wallets through Safe’s front-end now had two options: to use BrahmaFi’s hosted front-end or to host their own front-end to “reduce supply chain risk.” “That’s why we’re building multisig functionality directly into Blast Mobile — bringing secure wallet access to the entire Blast community.” Blast The move comes weeks after Safe, formerly Gnosis Safe, announced a major company restructure. In mid-April, Safe co-founder Lukas Schor said the company was “restructuring the teams and parting ways with 14 teammates, people we deeply respect, who’ve each contributed meaningfully to our journey.” Schor explained the layoffs were due to “complexity” that had grown inside the company, adding that the growing complexity “started to affect our ability to move at the pace we expect of ourselves.” The restructure also followed a $1.43 billion theft from crypto exchange Bybit, which was later linked to a compromised Safe developer environment. The attacker, believed to be part of North Korea’s TraderTraitor group, used a fake stock simulator to install malware and steal session tokens from the developer’s laptop. Source: https://crypto.news/layer-2-blockchain-blast-ends-safe-integration-over-third-party-risk-concerns/
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