English
Search…
⌃K
Links

Safeheron Fortnite Dispatch|JAN 01 '23

2023-01-02

Security Incidents

  • 3Commas confirmed API key leaks which had been used to conduct unauthorized trades for DMG trading pairs.
  • Ankr incident is caused by a former Ankr team member acting maliciously to conduct a combination of a social engineering and supply chain attack.
  • The Defrost Finance protocol has been attacked. The protocol has been added with fake mortgage tokens and used malicious price oracles to liquidate current users. The loss is estimated to exceed 12 million US dollars.
  • The multi-chain exchange protocol Rubic was hacked and lost more than $1.4 million.
  • Crypto wallet Bitkeep points to malicious APK packages for multi-million-dollar exploit.

Industry Updates

Digital Asset Custody, Security

  • Fireblocks has received the Cryptocurrency Security Standard (CCSS), a first-of-its-kind certification that was built as a security standard for crypto wallets and custody.
  • Coinbase is focused on key building blocks for Web3 including the self-custody wallet, NFTs, developer tools and tech advancements such as MPC.

Institutional

  • The distributed ledger platform of Russian bank Sber Bank has launched the first issue of gold-backed digital financial assets (DFAs).
  • Tokio Marine, the biggest property/casualty insurance group in Japan, is taking its services and operations into the metaverse.
  • TradeDog Group announced the launch of their $100 Million Web3 ‘special situation’ fund.
  • Saudi Arabia’s largest asset manager SNB Capital provides access to future-focused investments which will invest in Web3.
  • Digital banking platform Cogni launches a multi-chain wallet integrating Web3 services within a traditional Web2 banking platform and uses Unstoppable Domains integration.
  • Visa is developing auto payments for self-custodial wallets based on account abstraction on StarkNet.
  • Andreessen Horowitz Crypto’s new head of government affairs has a plan to push forward crypto legislation.
  • CoinShares is now listed on the Nasdaq Stockholm exchange.

Web3

  • LINE Tech Plus announced that it has launched a blockchain mainnet “Finschia” and plans to launch a non-custodial wallet DOSI Vault.
  • MetaMask Grants DAO funds JavaScript smart contract Agoric and digital asset secure custody solution provider Safeheron with first round of grants.
  • Cryptocurrency exchange Kraken will exit Japan and de-register from the Financial Services Agency (JFSA) as of January 31, 2023.
  • The PoS blockchain Axelar launched a $60 million startup funding program.
  • Foundation Devices, a developer of Bitcoin-centric tools that include a hardware wallet, has raised $7 million in a seed round.

Market Regulations

North America

  • British Columbia Hydro will suspend electricity-connection requests from cryptocurrency mining operations for 18 months.
  • Binance joins the Chamber of Digital Commerce.

Europe

  • Russia’s bill on cryptocurrency mining regulation may be approved in January, 2023.
  • The Bank of Russia plans to test the use of cryptocurrency for international payments within the regulatory sandbox framework.

Asia

South America