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The Ethereum institutional privacy technology company EthSystems has officially been established to create Ethereum privacy solutions for institutions

The Ethereum institutional privacy technology company EthSystems has officially launched and received strategic funding support from ecosystem backers such as Bitmine, Sharplink Gaming, Joe Lubin, and SNZ Holding.EthSystems focuses on developing privacy technologies for banks, asset management companies, and other regulated entities, enabling institutions to execute financial transactions on the Ethereum network at scale while protecting sensitive information such as transaction details and client identities.The company was founded by the core team of the Institutional Privacy Task Force (IPTF) of the Ethereum Foundation. The team has previously conducted a year-long open-source research and development publicly on the EthSystems website and has established partnerships with several central banks, regulatory agencies, large banks, and asset management institutions. EthSystems stated that while institutions have begun exploring stablecoins, tokenized assets, and Ethereum-based settlement solutions, large-scale adoption still faces privacy and compliance challenges.Financial institutions need more than just access to blockchain networks; they require a complete infrastructure that meets business confidentiality protection, regulatory requirements, and compatibility with existing financial systems. The goal is to create a "selective disclosure" privacy architecture that allows transaction participants to view only the information they are authorized to access, while retaining the core advantages of Ethereum's decentralization, security, and openness, and complementing two other organizations: Ethlabs, which focuses on the research and development of Ethereum's core protocol and infrastructure; Ethereum Institutional, responsible for institutional collaboration, education, market research, and ecosystem coordination; and EthSystems, which focuses on application layer technology, transforming institutional needs into practical privacy protocols and financial systems.

Grafana: Investigation reveals that recent security incidents have not affected customer production systems and operations

The open-source data visualization tool Grafana has released the latest progress on the investigation of the security incident on May 16. The investigation found that this incident was limited to the GitHub environment of Grafana Labs, including both public and private source code as well as internal GitHub repositories, and did not affect customer production systems, operations, or the Grafana Cloud platform. The downloaded content, in addition to the source code, also included some repositories used by the team for collaboration and storage of internal operational information and business details, involving business contact names and email addresses, rather than data from production systems or the cloud platform.Grafana Labs has made it clear that the codebase was downloaded but not tampered with, and currently, customers and open-source users do not need to take any action. The incident originated from a TanStack npm supply chain attack conducted through the Mini Shai-Hulud campaign. Grafana Labs detected malicious activity on May 11 and initiated an emergency response, but a credential was overlooked, allowing the attacker to gain access. After receiving a ransom demand on May 16, the company decided not to pay the ransom and has rotated automated credentials, implemented enhanced monitoring, audited all commits since May 11, and significantly strengthened GitHub security configurations. The company has notified federal law enforcement, and the investigation is ongoing.
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