Safeheron Fortnite Dispatch|Feb 12 '23


Security Incidents

  • Security firm Unciphered reveals the potential vulnerability in hardware wallet OneKey, and OneKey has officially updated the security patch.

  • Hackers profit $12.972 million from Monkey Drainer phishing.

  • EminiFX CEO Eddy Alexandre set to plead guilty to role in alleged $59M ponzi scheme.

  • The decentralized finance (DeFi) ecosystem saw a surge in hacks in 2022, with the total value of stolen funds surpassing $6 billion, according to data from crypto data analyst Kofi, a contributor at DefiLlama.

  • BonqDAO’s smart contracts have been hacked for around $88 million as of the time of publication.

Industry Updates

Digital Asset Custody, Security

  • Capital Trust Group issues first digital bond in New Zealand with Fireblocks.

  • Coincover, a provider of protection and insurance for digital assets, has raised $30 million in a funding round, led by Silicon Valley investment firm Foundation Capital.

  • BitMart joins Cobo's SuperLoop to enhance client asset safety ahead of official launch.


  • Brazil's oldest bank Banco do Brasil allows Bitfy customers to pay taxes with crypto.

  • Switzerland-based Backed Finance launched a tokenized version of a BlackRock ETF called bCSPX which runs on Ethereum and as an ERC-20 token.

  • Shopify launches suite of blockchain commerce tools for merchants.

  • PayPal pauses Stablecoin work amid regulatory scrutiny of crypto by NY financial regulators.

  • BNY Mellon says investors are 'absolutely interested' in digital assets.

  • Ant Group, Baidu, China Construction Bank and other Chinese companies are listed on Forbes Blockchain 50 2023.


  • Temasek-backed Partior raises $31m in StanChart-led Series A round.

  • Cantor Fitzgerald helps oversee Tether’s $39 billion in treasury holdings.

  • Ethereum Foundation will launch Shapella upgrade to support withdrawals soon, and public test network Sepolia is scheduled for Feb. 28.

  • Algorand will drive Web3 adoption in India through key partnerships with several educational institutions and schools.

Market Regulations

North America

  • Celsius’ proposed extension for restructuring has been opposed by creditors.

  • Federal Reserve Bank of New York released the new report The Bitcoin-Macro Disconnect.

  • SEC will make regulation of emerging technologies like cryptocurrencies a top priority in 2023.


  • The Bank for International Settlements (BIS), the association of the world’s central banks, is spearheading the development of a monitoring system for stablecoins to ensure issuers maintain adequate reserves.

  • Italy has begun setting up crypto environment that meets EU's new laws.


  • South Korea announced its first independent sanctions related to cryptocurrency thefts and cyberattacks against specific North Korean groups and individuals.

  • India's law enforcement agency, Enforcement Directorate (ED) revealed that as of January 31, 2023, proceeds of crime amounting to ₹936 crore have been attached/seized/freezed and 5 persons have been arrested.

  • Dubai’s crypto regulator has published its eagerly-anticipated regulations for the local industry, including an effective ban on anonymity-focused digital assets known as privacy coins such as ZEC and XMR etc..

  • The hunt for crypto fugitive Do Kwon led South Korean Officials to Serbia last week.

  • Binance and the National Bank of Kazakhstan have today presented a bilateral report on the State of the Digital Assets Industry and DeFi in Central Asia. The report’s presentation was delivered at the “Digital Almaty 2023” forum.

South America

  • Three months after crypto exchange FTX collapsed, Argentina’s government is weighing creating oversight requirements on crypto companies.

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