Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

On October 18, security researcher Zemnmez began the process of responsibly disclosing a "Use of Weak Hash" vulnerability that they found in crypto-js, an open source JavaScript library of crypto standards, for which maintenance has been discontinued. The vulnerability also impacts the crypto-es package (for ES6 and TypeScript), and the researcher has opened a similar issue requesting that the maintainers enable private disclosures.

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.

In recent years, blockchain technology has garnered significant attention thanks to its remarkable tamper-proof features and robust security. It is also expected that the blockchain technology market will exceed 1.2 billion US dollars by 2030, with an annual growth rate of 82.8 percent. However, recent headlines have exposed numerous vulnerabilities and cyberattacks targeting blockchain technology.

Tezos, an open-source, decentralized blockchain focused on energy efficiency and scalability, is now available on Fireblocks. Fireblocks users can securely custody FA1.2 and FA2 token standards on Tezos and leverage Fireblocks’ Web3 Engine to build new products and services on the Tezos blockchain.

Fireblocks expands its support for Tezos blockchain, extending institutional access and support to the growing DeFi and Web3 ecosystem. Fireblocks users can securely custody FA1.2 and FA2 token standards on Tezos and leverage the Fireblocks’ Web3 Engine to build new products and services on the Tezos blockchain.

At the recent Permissionless II, Fireblocks CEO and Co-Founder, Michael Shaulov announced the launch of the non-custodial wallets-as-a-service (WaaS) in his keynote “From Hesitation to Innovation: How Brands Can Successfully Navigate the Web3 Maze” to a standing-room-only audience. This blog features resources to help guide you as you build in Web3, including the keynote at Permissionless, white papers, a new webinar, and technical documentation.

Fireblocks provided custody and tokenization technology for almost half of the pilot use cases at the recently concluded Digital Finance CRC (DFCRC) and the Reserve Bank of Australia’s (RBA) central bank digital currency (CBDC) pilot program. The PoC saw the secure minting and burning of the new CBDC, called eAUD. In addition, Fireblocks powered policy-based administration of the smart contracts and transfers to end customers.