Exclusive: Fireblocks VP Unveils Cutting-Edge DeFi Security Suite

cryptonews.com:

At Consensus 2024, Matt Zahab of Cryptonews sat down with Shahar Madar, VP of Security and Trust at Fireblocks, to discuss the company’s latest advancements in DeFi security and the groundbreaking Crypto ISAC initiative.

Fireblocks, a leading digital asset management platform, has been at the forefront of providing robust security solutions for institutional clients. Their offerings enable seamless on-chain and off-chain operations. The platform allows institutions to securely self-custody their funds, manage wallets and contracts, trade, and handle off-chain operations. Madar explained,

“Fireblocks serves institutional clients, providing a best-of-breed security platform that supports digital asset management.”

Supporting the company’s aims, Fireblocks recently launched their DeFi Security Suite and introduced the Crypto ISAC initiative, both of which promise to enhance the security framework of the industry significantly. Check out the full interview:

In April, Fireblocks unveiled its DeFi Security Suite, a significant step forward in addressing security threats in the DeFi space. As the cryptocurrency market gears up for another bull run, institutions face increased risks from scams, phishing attacks, and other malicious activities. Also, DeFi’s growth over the past several years has coincided with more funds lost to hacks and scams, with clever criminals building more sophisticated smart contract tooling contracts to separate victims from their digital assets.

Fireblock’s Security Suite addresses the growing need for security in the crypto space, particularly among institutional players. The suite provides comprehensive solutions to combat scams, phishing, and other threats prevalent in the Web3 environment.

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