Luzerner Kantonalbank (LUKB), the leading bank in the Swiss canton of Lucerne, uses Fireblocks to provide the infrastructure for this new digital asset initiative. Read the blog and watch the video. In an era where digital assets are reshaping the landscape of financial services, Luzerner Kantonalbank (LUKB), the leading bank in the Swiss canton of Lucerne, is at the forefront of innovation.
After a series of high-profile cryptocurrency heists, a state-sponsored North Korean malicious hacking group is poised to cash out millions of dollars. That's the opinion of the FBI, which this week has warned cryptocurrency companies about recent blockchain activity it has observed connected to the theft of hundreds of millions of cryptocurrency in recent months.
At Fireblocks, we firmly believe that industry collaboration and intelligence-sharing drives adoption of the best security practices and advances the ecosystem as a whole. This week, Fireblocks, along with fellow Web3 cybersecurity leaders, released the Rekt Test, a simple yet powerful guide for any business to test and assess the security of their blockchain application.
Fireblocks has launched support for Base mainnet, a new Ethereum L2 blockchain incubated by Coinbase that aims to “bring the next billion users on-chain.” Fireblocks users can now access Base with the ease, efficiency, and security they’ve come to expect from our platform.
The Fireblocks cryptography research team has uncovered BitForge – a series of zero-day vulnerabilities in some of the most widely adopted implementations of multi-party computation (MPC) protocols, including GG-18, GG-20, and Lindell17.
This vulnerability allows an attacker to extract a full private key from a wallet implementing Lindell17 2PC protocol, by extracting a single bit in every signature attempt (256 in total). Coinbase WaaS, Zengo and other libraries have been patched.
This newfound vulnerability allows an attacker to extract a full private key from any wallet using the GG18 and GG20 protocols. More than 10 wallets and libraries have been found vulnerable, including Binance custody.
