OneKey, a leading hardware wallet provider, has released its v5.8.0 update featuring important security improvements alongside enhanced functionality and user experience optimizations. The update addresses several security-related issues, including fixes for TON network contract deployment and dApp connectivity stability. This release marks another milestone for BitsLab's Web3 Securing Plan, a Public-benefit and innovative crowdsourced security initiative designed to address critical infrastructure vulnerabilities beyond smart contracts. Recognizing that most Web3 security breaches originate from non-blockchain components (as evidenced by incidents like Bybit's $1.46B loss), the program brings together top global white-hat hackers and CTF champions to conduct proactive penetration testing for Web3 Projects BitsLab Web3 Securing Plan OneKey's update explicitly acknowledges the pivotal contributions of the Web3SecuringPlan team and white-hat security researcher @R3col. Their expertise in identifying and remediating vulnerabilities demonstrates the program's effectiveness in fortifying both on-chain and off-chain security layers. The OneKey update log states: “Special thanks to external security researchers @BitsLabSec and @R3col for their invaluable contributions. Their expertise has significantly strengthened OneKey’s security posture.” This recognition not only validates the technical prowess of BitsLab’s security team and participating white-hat researchers but also highlights the Web3SecuringPlan’s mission: to serve as a public-good security backbone for the Web3 ecosystem. Through proactive penetration testing and ethical vulnerability disclosure, the initiative empowers projects to preempt risks and users to transact with confidence. "Security is the fundamental baseline—not an optional feature—of technological progress. As attacks grow more sophisticated, collective defense is no longer optional—it’s imperative. BitsLab calls for more projects and white-hat hackers to join the Web3 Safeguard Initiative: For Projects: Access public-good penetration testing services to identify risks proactively and enhance product security. For Projects: Join Here: https://shorturl.at/erW1n Join Here https://shorturl.at/erW1n For White-Hats: Ethically report vulnerabilities to translate technical expertise into ecosystem protection—with corresponding bounties." For White-Hats: Join Here: https://shorturl.at/bWSoR Join Here https://shorturl.at/bWSoR About BitsLab About BitsLab BitsLab is an organization dedicated to Web3 ecosystem security, with a mission to become a respected security authority within the industry. The organization operates three sub-brands: MoveBit, ScaleBit, and TonBit, focusing on infrastructure development and security auditing across multiple blockchain ecosystems, including Sui, Aptos, TON, BNB Chain, Starknet, and Solana. BitsLab specializes in auditing a wide range of programming languages, such as Circom, Halo2, Move, and Cairo. MoveBit ScaleBit TonBit As a leader in blockchain security, BitsLab has provided security auditing services to a wide range of projects, including Aptos, Tether, UniSat, and Nervos CKB. With over 400 security solutions delivered, the company has audited more than 400,000 lines of code and safeguarded $8 billion in assets for over 2 million users. BitsLab has identified critical vulnerabilities in several well-known projects and remains committed to advancing Web3 security while fostering the healthy growth of emerging ecosystems. This story was authored under HackerNoon’s Business Blogging Program. This story was authored under HackerNoon’s Business Blogging Program. This story was authored under HackerNoon’s Business Blogging Program. This story was authored under HackerNoon’s Business Blogging Program. Business Blogging Program
