Operating a Web3 business typically requires the use of crypto in either development, operations, or finance. However, some new entrants into the Web3 space may not want to deal with the accounting, regulatory, or custody issues associated with crypto – or with its volatility. So, how can Web3 businesses efficiently operate while minimizing their exposure to crypto?

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.

Web3 is top-of-mind for many marketing and customer experience team in 2023. Multiple high profile companies such as Nike,Tiffany, Spotify, Gucci, have already launched Web3 initiatives. Web3 has unique characteristics that offer brands and sports organizations a new way to engage with customers, users, and fans through loyalty programs. At the same time, it helps organizations cater to different demographics and directly monetize these efforts.

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.

The vulnerability allows an attacker to extract the full ECDSA private key from BitGo Ethereum TSS wallets using a single signature and a few seconds of computation, bypassing all of BitGo security features.

Finnish fintech Membrane Finance has announced that they will utilize Fireblocks to mint and secure their stablecoin, EUROe – Europe’s first EU-regulated full-reserve stablecoin and payment network. As the first Euro stablecoin in compliance with the forthcoming MiCA regulations, the EUROe fills a critical gap in the European market for digital assets and will enable broader development of the European digital asset ecosystem.

National Australia Bank has completed an intra-bank, cross-border transaction using NAB-issued stablecoins. This represents a world-first by a major financial institution on a layer-one public blockchain (Ethereum). The pilot transaction involved the deployment of stablecoin smart contracts for 7 major global currencies, namely Australian, New Zealand, Singapore and US dollars, Euro, Yen, and Pound Sterling.

Fireblocks will host the first-ever Fireblocks BUIDLathon at this year’s ETHDenver, the largest and longest-running ETH-focused event in the world. With $25,000 in prizes up for grabs, the Fireblocks BUIDLathon is an exciting chance to gain early access to a Fireblocks Developer Sandbox to build new Web3 products. Read on to learn everything you need to know about the competition.