XYZ Teknoloji, a FinTech company from Istanbul, has integrated Fireblocks to build its tech stack that addresses the gap between the traditional financial industry and the emerging blockchain economy. In the past year, over 25% of Turkish consumers transacted in crypto. That’s why XYZ developed an enterprise-grade software stack using Fireblocks to help Turkish companies capitalize on this popularity. XYZ offers Turkish institutions.

India-based e-commerce giant Flipkart is utilizing Fireblocks’ Wallets-as-a-Service to seamlessly create wallets on their FireDrops app, providing a user-friendly and highly integrated Web3 experience for their customers. To date, over 3.6 million active wallets have been created on the platform.

Fireblocks’ second annual user conference, SPARK ‘23, saw nearly 600 attendees representing over 300 companies in the digital asset and crypto space. Kicking off the conference was the welcome reception, which featured a spectacular drone show. The display set the tone for what SPARK is about – innovation and community. The conference empowers customers to maximize the full potential of the Fireblocks platform while forging new alliances with fellow leaders.

On December 14, 2023, the Ledger Connect Kit was compromised, allowing attackers to drain users’ wallets on dozens of decentralized apps. Fireblocks’ customers were not impacted by the attack. Fireblocks dApp Protection, the latest security feature in our DeFi solution, detected and prevented customers from unknowingly interacting with the impacted dApps.

Today, Fireblocks is launching Off Exchange – a new solution that enables trading firms and asset managers to trade on centralized exchanges from an on-chain MPC shared wallet, eliminating exchange counterparty risks.

The Fireblocks research team has released an experimental open-source Chrome extension for the verification of token balances on block explorers and portfolio websites. The extension is the first real-world application on Ethereum which utilizes trustless light client technology, and is a step forward in our commitment to continuously advance blockchain security.

The Fireblocks research team recently uncovered an ERC-4337 Account Abstraction vulnerability in the smart contract wallet UniPass. Fireblocks worked with UniPass to fully mitigate the vulnerability, which was found in hundreds of mainnet wallets in a whitehat operation. All funds are now safe and accounted for.

At Fireblocks, a strong commitment to regulatory compliance has always been at the core of our operations. That’s why we’re excited to announce that we’re building out our On-Chain Digital Identity and Programmable Compliance Team, with the strategic appointments of Peter Marton, Director of Digital Identity, and cryptography expert Chaitanya Reddy Konda, Senior Technical Product Manager, Digital Identity and Privacy.

Fireblocks is proud to announce the latest enhancement to our Payments Engine – the Dynamic Payment Flow Builder. The new point-and-click interface enables businesses to configure custom payment flows to suit their use case, or leverage our pre-built cross-border, merchant settlement, and payout flows to orchestrate instant fiat and stablecoin settlements. Best of all, no coding is involved, so operations teams without engineering resources are empowered to utilize this feature easily.