Web2 users are accustomed to an easy sign-up and onboarding process for almost any application or service they engage with. In most cases, they simply use their email or phone number to create a username and password. However, when engaging with Web3 applications, users will need to either connect an existing wallet to the application or create a new wallet.
The best and most secure way to store cryptocurrency private keys, passwords and mnemonic phrases is in a password manager. A password manager encrypts all data, making it a secure option for storing what you need to access your cryptocurrency without it getting into the wrong hands. Read on to learn more about cryptocurrency and what you can do to better protect yours.
Running and scaling treasury management operations is vital to ensuring that your team and users can get the most out of your Web3 product. Fireblocks has helped teams secure and streamline their digital assets operations for 4 years, and here are our top 4 suggestions to help take your treasury management operations from good to great.
Today, Elwood Technologies announced that they will be integrating Fireblocks to strengthen its commitment to offering institutions a top-tier digital asset infrastructure. The London-based fintech, created by hedge fund heavyweight Alan Howard, provides connectivity to crypto trading tools for institutional investors. The integration will enable Elwood clients to seamlessly view their movements and balances on Fireblocks directly on Elwood’s portfolio management system.
It’s April, designated National Supply Chain Integrity month by CISA, NCSC, ONCD and Department of Defense, to promote resources, tools, and information to help organizations and agencies secure their supply chains and build resilience. But what role does blockchain play in supply chain and how easy is it to implement? Blockchain technology has numerous potential applications in supply chain due to its ability to provide a secure, transparent, and tamper-proof ledger of transactions.
4/11/2023 - Gizmodo just dropped this eye-roll inducing news. The disgraced crypto exchange had no dedicated cybersecurity staff and "protected" users assets with minimal safeguards, according to new bankruptcy filings. Here are just two paragraphs of the whole story. The whole thing is unbelievable.
Trustwave SpiderLabs uncovered a new strain of malware that it dubbed Rilide, which targets Chromium-based browsers such as Google Chrome, Microsoft Edge, Brave, and Opera. Rilide malware is disguised as a legitimate Google Drive extension and enables threat actors to carry out a broad spectrum of malicious activities, including monitoring browsing history, taking screenshots, and injecting malicious scripts to withdraw funds from various cryptocurrency exchanges.
The rise in popularity of cryptocurrencies has brought about significant concerns regarding wallet vulnerabilities and digital theft among individuals and businesses transacting in the market. While the meteoric rise in the value of cryptocurrency has attracted legitimate investors, it has also caught the attention of malicious actors who are constantly searching for vulnerabilities to exploit.
Crypto scams are skyrocketing: In 2022, the FBI tracked an 183% year-over-year increase, driving $2.57 billion in losses. Last week, the popular YouTube channel Linus Tech Tips (LTT for short) – and two associated channels – became the latest crypto scam victim and unsuspecting accomplice.
The blockchain industry is expected to grow and hit a value of $163 billion by 2029. With such growth will also come the ever-increasing need for ensuring the protection of blockchain applications. In comes blockchain auditing companies.
