
BSSC Releases Blockchain Transaction Security Standard
- —Standard covers creation, review, signing and submission of transactions
- —Aims to align user intent with the executed transaction
- —Targets wallet developers, enterprises and smart contract teams
- —Cites the $1.5 billion Bybit hack in 2025 as an example of losses
Why it matters: A common industry standard could cut losses from transaction manipulation and compromised interfaces, though impact depends on adoption.
Source: CoinTrust