BitsLab Web3 Plan Praised by OneKey for Security Boost
Catenaa, Saturday, May 03, 2025- BitsLab Web3SecuringPlan has been acknowledged by OneKey for its significant contributions to security improvements, as highlighted in OneKey’s v5.8.0 update. This update, released on April 27, 2025, addresses security issues and enhances functionality across the OneKey hardware wallet, improving contract deployment stability on the TON network and ensuring better dApp connectivity. The Web3SecuringPlan, an innovative crowdsourced security initiative, seeks to address vulnerabilities in Web3 infrastructure that extend beyond smart contracts. It was designed to combat risks from non-blockchain components, an issue that has been the cause of numerous Web3 security breaches, including the $1.46 billion loss at Bybit. The plan collaborates with top global white-hat hackers and Capture The Flag (CTF) champions to proactively test Web3 projects’ security. OneKey’s update log credited the BitsLabSec team and white-hat security researcher @R3col for their contributions, noting their pivotal role in strengthening OneKey’s security. “Their expertise has significantly bolstered OneKey’s security posture,” the update stated. BitsLab’s initiative highlights the growing importance of collective defense in securing the Web3 ecosystem. As cyberattacks become more sophisticated, the organization calls on Web3 projects and ethical hackers to participate in the Web3 Safeguard Initiative to enhance overall security through proactive penetration testing and vulnerability disclosure.