According to Amber Group (@ambergroup_io) on Twitter, their Web3 Security Team, including @neeksec, @0xlouistsai, and @jsvisa, has received two grants from @EF_ESP. The grants aim to enhance EVM security through Mothra’s reverse engineering toolkit and to boost Geth node performance with PebbleDB integration. These developments are expected to improve Ethereum blockchain reliability and transaction speed, which could lead to lower trading latency and increased security for crypto traders. Such upgrades may enhance confidence in Ethereum-based assets and DeFi applications, potentially impacting trading volumes and price stability across the crypto market (source: Amber Group Twitter, May 8, 2025).

According to @SlowMist_Team, the decentralized trading platform KiloEx Perpetual recently encountered a significant security breach, resulting in an $8.44 million loss. SlowMist Team immediately initiated their emergency response protocols to mitigate the impact. The incident highlights the critical importance of integrating robust security measures throughout the lifecycle of Web3 projects. Traders are advised to monitor updates closely as the situation evolves.