SafeCoin (SAFE)

For JP, the most important announcement from EthCC wasn't Aave V4 or the Ethereum Economic Zone. It was Safenet — and the reason starts with $3.4 BILLION in crypto theft in 2025.

Bybit’s hack saw $1.5B gone because attackers compromised the UI and signers approved the fraud themselves. The industry built better warnings (simulation tools, banners, previews) but when the interface is compromised, warnings are worthless.

Because the main attack surface in 2026 isn't code. It's people.

Safenet moves the security check INTO the execution path:

> Before any Safe transaction executes, a decentralized network of validators checks it against a set of security rules. If it doesn't pass, it doesn't go through.

> At launch, there are five rules: each one designed to block the specific types of vulnerabilities that made the Bybit hack possible.

> Six founding validators (incl. Gnosis, Blockchain Capital, and Safe Labs) each stake a minimum of 3.5M SAFE to participate. The system is designed to function correctly e

Today, we announced Safenet Beta.
Wallets today can’t stop sophisticated phishing, address poisoning or drainer scripts. And users are always one signature away from losing everything.

Self-custody is under attack and Safenet is built to defend it.

🧵Here is what we are committing to build in the coming months.