Safe

The Safe{DAO} community is now voting on SEP-56, the proposal that would fund Safenet Aegis, described as the first production-ready protocol release aimed at securing Safe multisig and the wider ecosystem in the coming quarter. Safe's official channels shared the update via the Safe Foundation, confirming the proposal has moved from forum discussion to onchain voting.

• SEP-56 vote is live on Safe{DAO}.
• Outcome of the onchain vote will determine whether Aegis funding moves forward.

Safe is live from day one on Arc's mainnet launch as a full-stack platform for stablecoin settlement and tokenized assets, with USDC as native gas and sub-second finality. Safe provides smart accounts and multisig for the treasuries and agents moving through the network, described as secure treasury infrastructure for teams, builders, and institutions.

• The announcement on Safe's official X account highlighted what the integration unlocks: smart accounts and multisig on a stablecoin-native L1, with USDC for gas.
• Arc's mainnet marks a new L1 where Safe's Multisig is available at launch.

Safe contracts v1.5.0 is now live in Safe{Wallet} and the Safe APIs, set as the default version. New Safes start on v1.5.0, while all eligible existing Safe accounts can upgrade from Settings in a single transaction.

• SafeLabs announced the rollout on Safe's official channels, calling Safe the world's most battle-tested multisig.
• SafeLabs recommends the upgrade and notes a Safe's address, owners, and threshold remain unchanged through migration.
• The release also fixes issues around failed transactions, flagged by SafeLabs as resolved.
• The upgrade is rolling out across both the wallet and the APIs as part of ongoing safety improvements.

Safe announced the Ethereum Forward Defence Summit, a private event taking place on 4 November 2026 at the MCA Club in Mumbai, five minutes from the Devcon venue. The invite-only summit is aimed at the "top order defending Ethereum and its protocols": security researchers, protocol teams, and wallet builders.

Details and registration are available via Safe's announcement, with the event positioned as a gathering for those working on Ethereum security and infrastructure ahead of Devcon.

SafeLabs said its engineering team reduced critical errors by 90% and made infrastructure changes to RPC connectivity across the stack, which it says should noticeably improve wallet user experience. The improvements shipped as part of ongoing work on Safe Wallet stability, with SafeLabs noting much of the engineering work is "invisible" to users.

• Critical error rate cut by 90% across the stack.
• RPC connectivity changes aim to reduce latency and improve reliability.
• Wallet stability improvements have been confirmed as shipped.

SafeLabs confirmed that a policy engine is coming to Safe Pro, its enterprise product launching on 6 October for organizations running critical onchain operations across multiple Safe accounts. The policy engine lets companies codify and enforce rules across their accounts, adding to Safe Pro's company-wide administration, audit history, and reporting. SafeLabs framed the product around visibility and operations rather than security alone — "a secure account is not an operating model" — and Safe Pro is also ready for Duo, letting users bring their 2/3 multisig into the product. Organizations can apply to become an Early Partner before launch.

• Policy engine adds rule enforcement to company-wide account management.
• Launch remains set for 6 October with early-partner applications open.

SafeLabs posted its Networks on Safe update for August, showing continued strong growth across the ecosystem. Close to 800k new Safes were created during the month, and Safe is now live on ADIChain. Transactions on Optimism jumped 919% to nearly 3M, while Base led again in transaction volume with 3.6M transactions.

Safe co-founder Martin Koeppelmann announced the launch of Bermuda, a privacy solution he has been advising, describing it as the first privacy solution that works fully with Safe. The project aims to bring privacy to Safe-based accounts.

In a social post, SafeLabs highlighted large institutional adoption of Safe (formerly Gnosis Safe) multisig wallets, noting that the Ethereum Foundation holds its entire treasury in Safe and that Vitalik Buterin keeps more than 90% of his holdings in a Safe multisig.

Safe Wallet experienced degraded server performance, causing slow response times for users. The SafeLabs team acknowledged the issue and investigated promptly. Services have since been restored, with the team confirming systems are stable again and thanking users for their patience.