Crypto firm Wintermute has issued a concerning warning about the potential risks of Ethereum’s recent Pectra upgrade, highlighting vulnerabilities that could expose users to automated attacks. While the update aims to improve user experience and security, Wintermute’s alert suggests the possibility of funds being drained through offchain transactions, impacting investor confidence and market stability. Experts have voiced concerns regarding the vulnerability in offchain signed messages, which may lead to malicious actions following the upgrade. This warning comes at a time when Ethereum has been experiencing positive price movement driven by strong institutional investment interest. The security risks associated with the Pectra update present a challenge for investors as they navigate the volatile cryptocurrency market, underscoring the importance of robust safety measures in future upgrades.