Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Blockchain

Shaping the Future of Finance: Key Takeaways from TOKEN2049 Singapore

TOKEN2049 Singapore was a melting pot of global leaders and cutting-edge trends in the crypto space with over 20,000 visitors, 400 exhibitors, and 600 side events. Amid all of the expert discussions and industry thought leadership, I sat down to examine what I thought were the most important takeaways from the world’s biggest crypto event.

German Police Dismantle 47 Criminal Crypto Exchanges in Major Operation

In a significant blow to cybercriminal infrastructure, German law enforcement has successfully dismantled 47 crypto exchanges accused of enabling illegal activities, including money laundering. This operation, dubbed "Final Exchange," was led by the Frankfurt Public Prosecutor’s Office – Central Office for Combating Internet Crime (ZIT) and the Federal Criminal Police Office (BKA).

Are Bitcoin ATMs Safe? Security Tips for Users

Navigating the world of Bitcoin ATMs can sometimes feel like walking through a digital forest, full of potential rewards but also hidden risks. You've likely seen these machines popping up in various locations, offering a bridge between physical cash and digital currencies. However, as you stand in front of one, you might wonder about the safety of these transactions and what you can do to protect your investments. With the right knowledge and precautions, you can significantly reduce your vulnerability to common threats.

Fireblocks x Lido Institutional: Bringing Liquid Staking to the Fireblocks Network

In response to growing institutional demand, Fireblocks has launched an integration with Lido to provide easy and secure in-platform access to Lido’s liquid staking protocol and stETH token. Users can now stake their ETH, receive rewards, and use stETH for on-chain activities, including Fireblocks Off Exchange, which allows Fireblocks users to lock their stETH in a self-custodial collateral wallet to trade on exchanges like Deribit and Bybit.

Online Scams Are Shortening Their Cycles and Making More Money

New analysis of blockchain activity shows scammers are needing less time to obtain crypto payments and are seeing higher payoffs per scam. I continue to repeatedly cover breakdowns of cybercrime activity from the folks at Chainalysis because it represents an unbiased view that some security vendors may inherently have (because their data is based on what their solutions do and don’t discover).

Outlining the Crypto Trading and Operations Trilemma

The operational infrastructure for digital asset security has been continuously evolving – shifting from single-key hardware wallets, to multi-sig smart contract wallets, to MPC or HSM-powered wallets. This infrastructure improvement has created greater operational efficiency, enabling trading firms to deploy more capital without compromising on security.

Solving the Crypto Trading and Operations Trilemma

Download the “Solving the Crypto Trading and Operations Trilemma” cheat sheet The crypto trading and operations trilemma addresses three potentially complementary but opposing forces from an operations perspective – security, efficiency, and scalability. Security is the actual safety of your firm’s own funds, or those it manages on behalf of clients. Efficiency is how quickly you can respond to market moves, transfer assets, and settle balances.

The Challenges Facing Exchanges Today

As crypto markets continue to grow, there’s never been more competition for exchanges to grow their retail and institutional user bases. To create a competitive advantage against industry stalwarts (like Coinbase, Binance, or Gemini), exchanges must overcome key challenges that impact their ability to scale, offer differentiated products & services, and remain as secure as possible.