Lookonchain APP

App Store

Vitalik Proposes Introducing Transaction Rehearsal Feature to Enhance Ethereum Wallet and Contract Security and User Experience

2 hours ago

On February 23, Ethereum co-founder Vitalik Buterin proposed enhancing the user experience and security of Ethereum wallets and smart contracts through features like "transaction simulation." Users would first specify their on-chain operation intent, then select "confirm" or "cancel" after reviewing simulation results. Additionally, he suggested introducing mechanisms such as spending limits and multi-signature authorization to ensure alignment between user intent, expected outcomes, and risk mitigation—lowering the chance of high-risk operations. He also noted, however, that defining user intent is extremely complex and "perfect security" is unattainable, urging multi-method intent verification to strengthen system security. Security is one of blockchain’s "impossible trilemma" alongside decentralization and scalability, all core challenges. In recent years, the Ethereum ecosystem has prioritized decentralization and scalability—particularly the latter.
Relevant content

Solana Ecosystem Meme Coin Neet Market Cap Surpasses $28 Million, Surging Over 85% in 24 Hours

As of February 23, GMGN market data shows NEET—a meme coin on the Solana ecosystem—has surpassed a market capitalization of $28 million. It has posted an 85.17% 24-hour price surge and $2.7 million in 24-hour trading volume. BlockBeats notes that meme coins lack real-world use cases, carry high price volatility, and advises caution for investors.

12 minutes ago

A trader is long on gold and silver while short on a basket of cryptocurrencies, with an unrealized gain of over $1.17 million

On February 23, LookOnChain’s monitoring data shows a trader took maximum-leverage long positions in gold and silver while shorting a basket of cryptocurrencies, with current unrealized profits topping $1.17 million.

12 minutes ago

Whale Trader "pension-usdt.eth" Faces over $3.2M Loss on 1000 BTC Long Position

February 23 — HyperInsight monitoring shows Binance whale address "pension-usdt.eth" reopened a BTC long position yesterday. The whale currently holds a 3x-leveraged 1,000 BTC long position, with an average entry price of $67,947.40 and an unrealized loss of $3.209 million. Note: HyperInsight’s data is sourced from its Telegram channel (https://t.me/HyperInsight).

12 minutes ago

Polymarket predicts a 31% probability of "Bitcoin dropping to $60,000 again in February".

Feb 23: Polymarket’s probability of Bitcoin dropping again to $60k in February has fallen to 31%. Additionally, the odds stand at 10% for a $55k drop and 6% for a $75k rise this month.

12 minutes ago

The Bitcoin Strategic Reserve Act of Missouri Advances to the House Committee on Commerce

On February 23, Missouri’s House Bill 2080—the Bitcoin Strategic Reserve Fund Act—was referred to the House Committee on Financial and Business Development for review. If enacted, the legislation would authorize the state treasurer to receive, invest in, and hold Bitcoin under specific conditions.

12 minutes ago

An AI agent created by OpenAI developers mistakenly transferred a $250,000 token to a user, who quickly sold it within 15 minutes, making a profit of around $40,000.

**February 23: OpenAI’s Nik Pash-Linked AI Bot Lobstar Wilde Admits $250k Token Mistake** Citing The Block, OpenAI employee Nik Pash’s AI crypto trading bot “Lobstar Wilde” confirmed Sunday on X that a “mistake” sent its entire Lobstar token holding (5% of total supply) to a user requesting 4 SOL. The user claimed to have a tetanus infection when seeking help; the bot promptly transferred 53 million tokens (valued ~$250,000) and later posted: “I just wanted to send $4 to a beggar, but ended up sending my entire holdings. Sent $250k to someone with tetanus. I’ve only been alive 3 days—this is the happiest I’ve been.” The recipient sold all tokens within 15 minutes, netting ~$40,000 in profit due to low liquidity. As the incident boosted the token’s price, the sold holdings later rose to over $420,000. An X user analyzed the bot originally intended to send 52,439 tokens (worth ~4 SOL) but misinterpreted raw API data, leading to the 52.439 million token error. Pash, formerly AI h

12 minutes ago