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Project Overview
GoPlus Security is building Web3's first decentralized security layer, providing comprehensive protection across all blockchain networks. Through its open, permissionless, and user-driven architecture, GoPlus can be seamlessly integrated by any blockchain or project to protect their users throughout their entire transaction lifecycle. By leveraging AVS and cutting-edge AI powered security solutions, it conducts thorough risk analysis and delivers smart, efficient and decentralized security services for users. GoPlus aims to create a more secure and user-friendly Web3 on-chain interaction environment by filling the gap of security layer in the current blockchain's architecture, providing users with more effective and better-experienced on-chain security protection.
Xapo Bank Requires Users to Enable Location Permissions Before Trading, Citing Data Verification to Confirm Account Control
Odaily News: Bitcoin News posted on X platform that Xapo Bank users have reported the app now requires location data before allowing transactions. According to reports, one user was told they must share GPS coordinates to access their funds. Xapo Bank stated it will cross-check location information with other data to confirm that the account holder controls the account. @ToneVays warned that location requirements could become standard for regulated payment apps; Casa CEO @Nneuman said the measure may be aimed at countering large-scale social engineering attacks rather than traditional KYC.
Ethereum Foundation Releases Institutional Guide: Emphasizes Network "Credible Neutrality", Resilience, and Governance Advantages
The Ethereum Foundation's Global Policy Strategy (GPS) team has released the guide "Ethereum Basics for Governments and Institutions," aiming to help policymakers and institutional decision-makers understand Ethereum's operating mechanisms, governance models, and differences from other blockchain solutions. The guide emphasizes that relying on centralized systems brings systemic risks, while decentralized blockchains have the potential to mitigate such risks. Not all blockchains possess the attribute of "credible neutrality," and differences in technical architecture and governance models among blockchains will directly affect whether they can serve as public infrastructure in the long term. Ethereum holds advantages in areas such as resilience, economic security, client diversity, and ecosystem. It has operated continuously without interruption since launching in 2015, with economic security provided by approximately $76 billion in staked ETH, whereas most other Layer 1 networks rely on a single client, presenting higher systemic risks. The Ethereum Foundation stated that building applications on Ethereum does not introduce new centralized counterparty risks, as no single institution can modify rules, restrict access, or halt network operations. In comparison, control over some other Layer 1 networks is concentrated in foundations or corporate entities, which may bring governance and dependency risks.
A whale that previously earned over $1.12 million from a long position on AKE has opened a 2x long position on 27.23 million GPS tokens, currently up $80,000
Odaily News: According to Lookonchain monitoring, a whale that previously profited over $1.12 million from a long position on AKE is currently long on GPS on Aster DEX, having opened a 2x leveraged long position involving 27.23 million GPS tokens worth $450,000. The position is currently up $80,000, representing a return of 35.66%. GPS has risen 70% recently.
GPS surges over 50%, OKX Ventures transfers 48.61 million tokens to Binance
Odaily News According to on-chain analyst Yu Jin's monitoring, after the GPS token surged over 50% today, OKX Ventures transferred 48.611 million GPS, worth approximately $750,000, to Binance about 1 hour ago. Yu Jin stated: "OKX Ventures is an investor in GPS, and these tokens came from the unlock and vesting of their investment. As for why OKX's tokens are being sold on Binance, it's because OKX does not offer spot trading for this token."
GoPlus Security: A user mistakenly transferred 100,000 DAI due to an address poisoning attack.
GoPlus Security reported that a user fell victim to a typical address poisoning attack: the user mistakenly sent 100,000 DAI to a spoofed address after copying a visually similar address from their transaction history. In this incident, the user had previously sent 300,000 DAI to the legitimate target address; the attacker then sent 0.0003 DAI to the user from a malicious address with characters nearly identical to the legitimate one—before and after the address—thereby tricking the user into selecting the wrong address during their subsequent transfer. GoPlus Security advises users not to copy wallet addresses from transaction history, always verify the full address before sending funds, and conduct a small test transaction prior to any large transfer.
Xapo Bank Requires Users to Enable Location Permissions Before Trading, Citing Data Verification to Confirm Account Control
Odaily News: Bitcoin News posted on X platform that Xapo Bank users have reported the app now requires location data before allowing transactions. According to reports, one user was told they must share GPS coordinates to access their funds. Xapo Bank stated it will cross-check location information with other data to confirm that the account holder controls the account. @ToneVays warned that location requirements could become standard for regulated payment apps; Casa CEO @Nneuman said the measure may be aimed at countering large-scale social engineering attacks rather than traditional KYC.
A user lost approximately 75,800 USDC in another phishing attack due to failure to revoke a malicious Permit approval in time.
GoPlus Security issued a security alert stating that a user signed a malicious Permit transaction 183 days ago, resulting in approximately $1,625 worth of USDC being transferred by phishing attackers. Since the user did not revoke the relevant authorization thereafter, attackers exploited this authorization again to transfer approximately $75,780 worth of USDC.
GoPlus Security: A user mistakenly transferred 100,000 DAI due to an address poisoning attack.
GoPlus Security reported that a user fell victim to a typical address poisoning attack: the user mistakenly sent 100,000 DAI to a spoofed address after copying a visually similar address from their transaction history. In this incident, the user had previously sent 300,000 DAI to the legitimate target address; the attacker then sent 0.0003 DAI to the user from a malicious address with characters nearly identical to the legitimate one—before and after the address—thereby tricking the user into selecting the wrong address during their subsequent transfer. GoPlus Security advises users not to copy wallet addresses from transaction history, always verify the full address before sending funds, and conduct a small test transaction prior to any large transfer.
HTX has listed OUST and GPS perpetual contracts
According to the official announcement, Huobi HTX listed OUST/USDT and GPS/USDT perpetual contracts on August 18, supporting 1-20x long and short positions. Meanwhile, from now until 15:00 on August 25 (UTC+8), Huobi HTX is launching a New Coin Futures Trading Competition. Users who complete registration, participate in contract trading of the event coins, and meet the specified threshold will have the opportunity to share a total prize pool of 1 billion $HTX.
JPYC completes approximately $38 million Series B funding round, with AZ-COM Maruwa Holdings participating and funds earmarked for payments to 2,300 truck drivers
: Japanese yen stablecoin operator JPYC Inc. has announced an extension of its Series B funding round, bringing total funding to approximately 6 billion yen, or roughly $38 million. The latest investment includes approximately 1 billion yen (about $6.3 million) from Tokyo-listed logistics company AZ-COM Maruwa Holdings. Core business: operating JPYC, a stablecoin pegged 1:1 to the Japanese yen. JPYC launched the stablecoin in October 2025 and became the first digital currency to be registered as an official electronic payment instrument under Japan's revised Payment Services Act. Each JPYC is backed by yen bank deposits and Japanese government bonds, and holders can redeem them for regular yen on demand. AZ-COM Maruwa Holdings plans to use JPYC to pay approximately 2,300 business partners and independent contractors for transportation work and outsourced services, primarily covering truck drivers and subcontractors. The company is also developing a dedicated wallet application and plans to link payments with delivery confirmation records, potentially executed through GPS tracking or smart contracts.
A user lost approximately 75,800 USDC in another phishing attack due to failure to revoke a malicious Permit approval in time.
GoPlus Security issued a security alert stating that a user signed a malicious Permit transaction 183 days ago, resulting in approximately $1,625 worth of USDC being transferred by phishing attackers. Since the user did not revoke the relevant authorization thereafter, attackers exploited this authorization again to transfer approximately $75,780 worth of USDC.
Ethereum Foundation Releases Institutional Guide: Emphasizes Network "Credible Neutrality", Resilience, and Governance Advantages
The Ethereum Foundation's Global Policy Strategy (GPS) team has released the guide "Ethereum Basics for Governments and Institutions," aiming to help policymakers and institutional decision-makers understand Ethereum's operating mechanisms, governance models, and differences from other blockchain solutions. The guide emphasizes that relying on centralized systems brings systemic risks, while decentralized blockchains have the potential to mitigate such risks. Not all blockchains possess the attribute of "credible neutrality," and differences in technical architecture and governance models among blockchains will directly affect whether they can serve as public infrastructure in the long term. Ethereum holds advantages in areas such as resilience, economic security, client diversity, and ecosystem. It has operated continuously without interruption since launching in 2015, with economic security provided by approximately $76 billion in staked ETH, whereas most other Layer 1 networks rely on a single client, presenting higher systemic risks. The Ethereum Foundation stated that building applications on Ethereum does not introduce new centralized counterparty risks, as no single institution can modify rules, restrict access, or halt network operations. In comparison, control over some other Layer 1 networks is concentrated in foundations or corporate entities, which may bring governance and dependency risks.
Related news
HTX has listed OUST and GPS perpetual contracts
According to the official announcement, Huobi HTX listed OUST/USDT and GPS/USDT perpetual contracts on August 18, supporting 1-20x long and short positions. Meanwhile, from now until 15:00 on August 25 (UTC+8), Huobi HTX is launching a New Coin Futures Trading Competition. Users who complete registration, participate in contract trading of the event coins, and meet the specified threshold will have the opportunity to share a total prize pool of 1 billion $HTX.
A whale that previously earned over $1.12 million from a long position on AKE has opened a 2x long position on 27.23 million GPS tokens, currently up $80,000
Odaily News: According to Lookonchain monitoring, a whale that previously profited over $1.12 million from a long position on AKE is currently long on GPS on Aster DEX, having opened a 2x leveraged long position involving 27.23 million GPS tokens worth $450,000. The position is currently up $80,000, representing a return of 35.66%. GPS has risen 70% recently.
GPS surges over 50%, OKX Ventures transfers 48.61 million tokens to Binance
Odaily News According to on-chain analyst Yu Jin's monitoring, after the GPS token surged over 50% today, OKX Ventures transferred 48.611 million GPS, worth approximately $750,000, to Binance about 1 hour ago. Yu Jin stated: "OKX Ventures is an investor in GPS, and these tokens came from the unlock and vesting of their investment. As for why OKX's tokens are being sold on Binance, it's because OKX does not offer spot trading for this token."
Xapo Bank Requires Users to Enable Location Permissions Before Trading, Citing Data Verification to Confirm Account Control
Odaily News: Bitcoin News posted on X platform that Xapo Bank users have reported the app now requires location data before allowing transactions. According to reports, one user was told they must share GPS coordinates to access their funds. Xapo Bank stated it will cross-check location information with other data to confirm that the account holder controls the account. @ToneVays warned that location requirements could become standard for regulated payment apps; Casa CEO @Nneuman said the measure may be aimed at countering large-scale social engineering attacks rather than traditional KYC.
JPYC completes approximately $38 million Series B funding round, with AZ-COM Maruwa Holdings participating and funds earmarked for payments to 2,300 truck drivers
: Japanese yen stablecoin operator JPYC Inc. has announced an extension of its Series B funding round, bringing total funding to approximately 6 billion yen, or roughly $38 million. The latest investment includes approximately 1 billion yen (about $6.3 million) from Tokyo-listed logistics company AZ-COM Maruwa Holdings. Core business: operating JPYC, a stablecoin pegged 1:1 to the Japanese yen. JPYC launched the stablecoin in October 2025 and became the first digital currency to be registered as an official electronic payment instrument under Japan's revised Payment Services Act. Each JPYC is backed by yen bank deposits and Japanese government bonds, and holders can redeem them for regular yen on demand. AZ-COM Maruwa Holdings plans to use JPYC to pay approximately 2,300 business partners and independent contractors for transportation work and outsourced services, primarily covering truck drivers and subcontractors. The company is also developing a dedicated wallet application and plans to link payments with delivery confirmation records, potentially executed through GPS tracking or smart contracts.
A user lost approximately 75,800 USDC in another phishing attack due to failure to revoke a malicious Permit approval in time.
GoPlus Security issued a security alert stating that a user signed a malicious Permit transaction 183 days ago, resulting in approximately $1,625 worth of USDC being transferred by phishing attackers. Since the user did not revoke the relevant authorization thereafter, attackers exploited this authorization again to transfer approximately $75,780 worth of USDC.