List of Flash News about Web3 domain security
Time | Details |
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2025-05-26 15:42 |
Closed-Source Domain Contract Risks: Trading Impact on Crypto Markets and Web3 Projects
According to sns.sol, traders are being asked to sign over their domains for minimal compensation and vague promises of profit-sharing or future features, but the contract involved is closed-source, unaudited, and lacks clear documentation on royalties, renewals, or guarantees (source: sns.sol on Twitter, May 26, 2025). This lack of transparency and security introduces significant risks for domain owners and may negatively impact trust in Web3 trading platforms, potentially increasing volatility for related crypto assets and NFT-based domain projects. |