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.
Today, Fireblocks is expanding access to the DeFi ecosystem on TRON, the second-largest DeFi protocol. Customers can now securely connect to TRON dApps through WalletConnect, starting with JustLend DAO and JustStables, with support for SUN to be added soon. Thousands of organizations rely on Fireblocks to securely access a range of DeFi applications across EVM and non-EVM chains – to date, the platform has powered over $150B in DeFi transactions.
If a counterparty holds custody of your crypto or digital assets, there is no replacement for due diligence in terms of risk management, security controls, and operational processes. This is why it’s critical to design crypto operations workflows that mitigate exposure to your counterparties and minimize business continuity risks. For a quick introduction to counterparty risk and how to identify your counterparties take a look here.
