�ڰ��’s Response to Fireblocks’ Security Disclosure

August 11, 2025

�ڰ�� Team

August 11, 2025

�ڰ��’s Response to Fireblocks’ Security Disclosure

Fireblocks recently published details of a complex cryptographic vulnerability that was discovered and fixed earlier this year. When the issue was identified, the company promptly notified clients, including �ڰ��. On Friday, August 8, they additional insights to educate the broader blockchain community. It is worth noting that the vulnerability was fully contained, with no known exploitation in the wild and no loss of funds.

What Happened

A limited-use configuration issue affecting a small subset of blockchain signing logic was identified. The Fireblocks team quickly contained the vulnerability, ensuring no customer funds were impacted. They informed us that a fix was deployed within hours of discovery, followed by a full code audit and independent reviews. �ڰ�� uses Fireblocks to secure its wallets. They provide multi-party computational software for secure key management, including key pair creation, storage, device and account access recovery.

�ڰ��’s Response

As Fireblocks forms a key part of �ڰ��’s platform security, the team at �ڰ�� carefully reviewed the full disclosure and took the following steps to verify the details and confirm the ongoing integrity of our infrastructure:

‍

Coordinated with Fireblocks' support and security teams to stay ahead of any risks.
Updated internal protocols in line with best practices shared by Fireblocks' cryptography experts and external auditors.

Why This Matters

You may wonder why we are sharing this update. As part of a regulated ecosystem, we work closely with partners like Fireblocks to stay ahead of emerging threats and protect the integrity of the platforms our users rely on. We applaud transparency and believe this kind of knowledge strengthens and protects the crypto community as a whole.

What’s Next

We appreciate Fireblocks' decision to widely disclose this issue and their effort to enhance platform security. We’ll continue to work with our partners, share these educational updates when they matter, and provide Canadians access to the digital asset economy with confidence. If you have questions, never hesitate to reach out to our team.

We monitor technical disclosures and regulatory shifts to help our users stay aware of what matters. For more context on changes across the ecosystem, visit the �ڰ�� blog.

No items found.

This article is for informational purposes only and does not constitute investment, financial, or legal advice. Cryptocurrencies and blockchain-based assets are highly speculative and subject to significant risks, including price volatility, regulatory uncertainty, and total investment loss. Crypto assets are not insured by the Canada Deposit Insurance Corporation (CDIC). Cryptocurrencies and stablecoins may be considered securities or derivatives under Canadian law, subject to oversight by Canadian securities regulators. Consult a qualified financial or legal professional before making investment decisions. No securities regulatory authority has expressed an opinion about any of the crypto assets made available on the �ڰ�� platform, including any opinion that a crypto asset is a security and/or derivative. This blog may contain links to other websites for informational purposes or for your convenience. We do not control the linked websites or the content provided through such websites, and we have not reviewed, in their entirety, such websites. Your use of linked websites is subject to the privacy policies and terms of use established on the specific linked website, and we disclaim all liability for such use. The fact that we offer such links does not indicate any approval or endorsement by us of any linked website or any material contained on any linked website, and we disclaim any such approval or endorsement.

�ڰ��