ChainCatcher news, the paper "Empirical Study on the Security of Move Smart Contracts: Enhancing Analysis with MoveScan" by the MoveBit team under the Web3 security company BitsLab has been accepted by the prestigious international conference ISSTA 2024. This research work also received strong support from Aptos Labs and Mysten Lab.This research is the first comprehensive analysis of Move contract security, developing an efficient and precise tool called MoveScan, which discovered 97,169 defects across 37,302 contracts on the Aptos and Sui blockchains, indicating that defects are widespread.Furthermore, experimental results show that MoveScan achieves an accuracy of 98.85%, with an average analysis time of only 5.45 milliseconds.

ChainCatcher news, the Bahamas Securities Commission officially stated that it must again correct significant misstatements made by FTX debtor representative John J. Ray III in media and court documents. Among them, on December 30, 2022, the Chapter 11 bankruptcy-related debtor representative publicly questioned the Commission's calculations of digital assets, which were transferred to a digital wallet controlled by the Commission on November 12, 2022, to exercise its authority as a regulatory body, and acted under the orders of the Supreme Court of the Bahamas, while the debtor's public assertion was based on incomplete information.Previously, John J. Ray III also made public statements claiming that the Bahamas instructed SBF to mint a large number of new tokens, which were submitted in court documents without evidence, and then testified again before the U.S. House Financial Services Committee. International media widely reported the statement that Bahamian officials instructed FTX employees to mint $300 million in new FTT tokens. Such unfounded remarks have caused distrust in Bahamian public institutions, and the Commission discussed the process of obtaining digital assets held or controlled by relevant agencies. (Source link)