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Blockchain

Top 5 uses of blockchain in supply chain

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.

[Jaw-Dropper] FTX's Cybersecurity Was Hilariously Bad

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.

Rilide: A New Malicious Browser Extension for Stealing Cryptocurrencies

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.

5 Secure Ways to Avoid Crypto Theft in 2023

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.

LTT Attack Targets Session Cookies to Push Crypto Scam

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.

Tokenization: The Foundation of Digital Financial Markets

Migrating traditional assets to blockchain and wallet infrastructure has game-changing benefits, including reduced settlement costs and increased transaction security, speed, and transparency. At Fireblocks, we have already seen advancements in tokenization use cases in the commodities, debt securities, equity securities, and real estate markets. As the tokenized asset market expands, it will enable these assets to be used in new and innovative ways.

White Papers Introducing Direct Custody: Why Financial Institutions Are Choosing To Custody Their Own Digital Assets

As the global transformation to digital assets and crypto goes into full swing, a number of questions are standing out to decision makers at banks and other financial institutions. For one, you may be wondering: As we expand to the digital asset space, what's the best way to custody these new assets? At Fireblocks we have found that FIs often achieve better results by deploying a "direct custody" system for digital assets.