Dfns

Meet Dfns in Abu Dhabi next month 🇦🇪 We're excited to co-host an exclusive networking reception alongside our partners Figment and Tungsten Custody Solutions during ADFW ✨ Join us for an evening of drinks, canapés, and engaging conversations with top leaders in crypto and finance from the Middle East. 📅 When: Wednesday, Dec 11 📍 Where: Abu Dhabi 🔗 Register now (invite-only): https://lu.ma/lzjs11sh

Meet Dfns in London next week 🇬🇧 We're glad to sponsor the upcoming Future of Finance (FOF) event together with our partners, Archax and Digital Asset, to advance the conversation on digital asset custody. Our Head of Business Development, Donald Brouwer, will join a panel to share our insights as a leading wallet service on “What to Look for in a Digital Asset Custodian.” 🔍 We’ll explore topics such as: - Can custodians be ranked by tiers? - What truly defines protection against cyber threats? - Balancing cutting-edge technology with solid processes. - Why strong balance sheets and licenses matter. - Exploring custody risk insurance. - Can smart contracts replace traditional asset servicing? 🎤 With top industry experts: - Glenn Morgan, Global Digital Assets Lead at Aon - Nadine Teychenne, Head of Digital Assets at Citi - Tom Pikett, Digital Assets Product Manager at BNY If you're an asset manager, investor, or fintech professional, this discussion will offer practical insights and new perspectives on digital asset custody. 🔗 More about the event here: https://lnkd.in/eSuzpi_u

🌐 Ready to move from Swift to stablecoin payments? 🌐 Fintech is at a turning point: embedding crypto and stablecoins into core services is no longer optional. It's undeniably the next big trend in finance, and no one will want to be left behind 🛤️ Stablecoin conversations have often revolved around financial services, token issuers, KYC, regulation, and liquidity, which makes sense. But surprisingly, the role of technology is often hidden or left out. As a leading wallet service serving over 40 payment service providers (PSPs) worldwide, we have a unique view of how tech is implemented, integrations are handled, and best practices are applied. We believe this behind-the-scenes insight is valuable, and we’re excited to share it to help others join the dance. Our Co-CEO, Christopher Grilhault des Fontaines, has written a practical guide with frameworks, references, and action items to help you build secure and compliant stablecoin payment flows. 📚 What you’ll learn 👇 ✅ Building the flow: Understand the step-by-step process from crypto-to-fiat conversions to settlement. ✅ Making smart choices: Whether it’s fiat-backed, crypto-backed, or algorithmic, choosing the right token for your use case is the first step. The same goes for selecting liquidity providers. ✅ Balancing act: Success depends equally on technical integration and compliance. You can delegate one, or both, or nothing. Either way, knowing what to internalize will depend on your goals. ✅ Breaking it down: Start in crypto-friendly regions, define your transaction needs, and tackle regulatory hurdles upfront. 📝 Key takeaways 👇 ✅ Pros and cons of different crypto-to-fiat conversion options, e.g. exchanges, market makers, OTC desks, banks, stablecoin issuers, or on/off ramps. ✅ How sticking to your use case can save you time, effort, and stress. ✅ How composable infrastructures future-proof your payment systems. Dfns processes over $1 billion in stablecoin transactions every month, helping PSPs run their business with no hassle. From technical challenges to regulatory roadblocks, we’ve seen it all. Feel free to contact us if you have any questions or concerns: sales@dfns.co 👉 Click here to discover the full guide: https://lnkd.in/exzqaHhY Thank you, Alex Medana, for your contributions to this post 🙏

🌐 Ready to move from Swift to stablecoin payments? 🌐 Fintech is at a turning point: embedding crypto and stablecoins into core services is no longer optional. It's undeniably the next big trend in finance, and no one will want to be left behind 🛤️ Stablecoin conversations have often revolved around financial services, token issuers, KYC, regulation, and liquidity, which makes sense. But surprisingly, the role of technology is often hidden or left out. As a leading wallet service serving over 40 payment service providers (PSPs) worldwide, we have a unique view of how tech is implemented, integrations are handled, and best practices are applied. We believe this behind-the-scenes insight is valuable, and we’re excited to share it to help others join the dance. Our Co-CEO, Christopher Grilhault des Fontaines, has written a practical guide with frameworks, references, and action items to help you build secure and compliant stablecoin payment flows. 📚 What you’ll learn 👇 ✅ Building the flow: Understand the step-by-step process from crypto-to-fiat conversions to settlement. ✅ Making smart choices: Whether it’s fiat-backed, crypto-backed, or algorithmic, choosing the right token for your use case is the first step. The same goes for selecting liquidity providers. ✅ Balancing act: Success depends equally on technical integration and compliance. You can delegate one, or both, or nothing. Either way, knowing what to internalize will depend on your goals. ✅ Breaking it down: Start in crypto-friendly regions, define your transaction needs, and tackle regulatory hurdles upfront. 📝 Key takeaways 👇 ✅ Pros and cons of different crypto-to-fiat conversion options, e.g. exchanges, market makers, OTC desks, banks, stablecoin issuers, or on/off ramps. ✅ How sticking to your use case can save you time, effort, and stress. ✅ How composable infrastructures future-proof your payment systems. Dfns processes over $1 billion in stablecoin transactions every month, helping PSPs run their business with no hassle. From technical challenges to regulatory roadblocks, we’ve seen it all. Feel free to contact us if you have any questions or concerns: sales@dfns.co 👉 Click here to discover the full guide: https://lnkd.in/exzqaHhY Thank you, Alex Medana, for your contributions to this post 🙏

🔌 Dfns and Colossus Digital have completed their integration! 🔌 Staking is a key pillar for many blockchain ecosystems, but managing this profitable activity securely across multiple chains can be tough. That’s why we’re excited to announce that we’re partnering with Colossus to deliver a secure and seamless staking experience across a wide range of blockchains. What makes this partnership stand out? 🔒 Enhanced Security: Dfns’ key infrastructure uses advanced cryptography and state-of-the-art infrastructure technology to keep private keys secure during staking operations. 🌐 Multichain Compatibility: Stake assets like ETH, ATOM, DOT, and over 50 other tokens across multiple networks with Dfns’ versatile key manager and Colossus node infrastructure. ⚙️ Seamless Integration: Developers can easily embed Dfns’ secure signing into the Colossus staking platform, streamlining workflows and reducing complexity. This partnership goes beyond convenience: it's about enhancing the staking experience while maintaining top-tier security and performance. 👉 Read the full story here: https://lnkd.in/efDwGUVk

We’re excited to welcome three new team members to Dfns 🎉 Wendy joins us as a Principal Software Engineer based in 🇺🇸 New York. After graduating from Maryland University in computer science, Wendy worked at top organizations, including Raytheon, Goldman Sachs, Circle, and Gemini. She brings a wealth of experience in financial technology and will play a key role in helping Dfns become the leading wallet backend for financial institutions. James is our new Infrastructure Security Engineer, based in 🇫🇷 Paris. A graduate of CentraleSupélec, one of France’s top engineering schools, James spent over four years at PwC auditing the security of nation-critical infrastructure. At Dfns, he’ll work closely with our security and infrastructure teams to enhance our systems and support our GRC program. Thibault joins us as a Lead Product Designer, also based in 🇫🇷 Paris. With extensive experience in UX and motion design for brands like Adidas, IATA and Kenzo, Thibault transitioned to blockchain startups, contributing to projects like Parallel, Grid Singularity, and Energy Web. He’ll lead the redesign of our dashboard and mobile app to deliver the best admin experience in crypto. We’re still looking for more remote talent in the 🇺🇸 US and 🇪🇺 EU. 🔍 Lead Cryptographer 🔍 Principal Solutions Engineer 🔍 Senior Security Engineer 🔍 Spontaneous applications welcome 📨 🔗 Visit our careers page to learn more about our mission, values, and open roles: https://lnkd.in/eAXCPmiS In 2025, we’ll add new engineering, sales, and marketing roles. Stay tuned!

🚨 Most wallet iframes are ticking security bombs 🚨 In the race to innovate, some wallet providers are cutting corners with dangerous iframe practices that put users' funds at risk. Dfns' security team has uncovered serious exploits and weaknesses in 3 different wallet service providers over the past 24 months (already!). These vulnerabilities are a reminder that "web3" must do better when it comes to security standards 👮♂️ 📢 At last week’s *DeFi Security Summit* in Bangkok, our Head of Security, Thibault de Lacheze-Murel, shared a critical example of the dangers embedded in iframe wallets. He presented a detailed case study on a vulnerability we discovered within the wallet iframe of a well-known decentralized derivatives exchange. 🕳️ The Exploit: In this instance, the iframe wallet exposed users to risks by leaving sensitive authorization tokens vulnerable in local storage and cookie access, meaning that the exchange could effectively reconstruct and access users’ private keys. This setup also breaks the non-custodial promise, as tokens needed to access these keys could be compromised by standard logging tools like Sentry, Datadog, and Cloudwatch. 🚩 Our Call for Prudence: The blockchain industry needs to prioritize above all user safety by learning from traditional, well-established security practices. Until DeFi platforms and tools strengthen their security frameworks, mass adoption will be limited by these trust issues. 🎤 Watch our talk for the full technical breakdown and recommended methods to protect users against iframe vulnerabilities: https://lnkd.in/eghFWiKE 🔗 Read the full blog post: https://lnkd.in/em2BTCJU

🆕 Exciting news! Dfns now supports the IOTA blockchain and its native token, as a Tier 1 blockchain 🔌 This integration lets developers, fintechs, and institutions tap into IOTA’s unique technology with the advanced security of Dfns wallets. Built for the Internet of Things (IoT), IOTA’s Tangle (a Directed Acyclic Graph) enables feeless transactions and limitless scalability, ideal for IoT applications like supply chains, smart cities, and automation. With Dfns, you can now: ✅ Transfer IOTA: Secure transfers with Dfns' advanced wallet services. ✅ Broadcast Transactions: Seamlessly interact with IOTA’s Tangle. ✅ Check Balances & Generate Signatures: Secure and track assets. ✅ Use Webhooks: Real-time updates and notifications on IOTA events. This integration brings IOTA’s speed and scalability to the Dfns platform, allowing you to focus on creating IoT solutions while we handle blockchain complexities. 🔗 Read the full article here: https://lnkd.in/eGVpd68f

Curious about the current state of Account Abstraction? 👀 In March 2023, Ethereum introduced ERC-4337 with an ambitious vision: to shift from traditional Externally Owned Accounts (EOAs) to versatile, smart contract wallets. Back then, Ethereum developers and maximalists were quick to claim that Ethereum would become the go-to platform for everyone, with Vitalik envisioning a world running on-(his)-chain. As an offchain solution, Dfns was seen by default as a deviation from the ‘right’ path. Regardless, we embraced AA with interest, recognizing its potential and promise to transform user experience and security on Ethereum with features like multisig approvals, batch transactions, and flexible gas fees. But how has it really performed since then? In our latest blog post, *The State of AA,* co-authored by Noah Cornwell and Joshua Siegel, we take a comprehensive look at the journey of Account Abstraction, from its accomplishments to its obstacles, and what the data reveals about real adoption 🔍 While ERC-4337 has delivered notable benefits and interesting concepts, it has also faced persistent challenges such as complex integrations, high gas costs, user retention issues and more. Today, it’s safe to say that the first version of AA has failed to some degree. In response, Ethereum is preparing to pivot to EIP-7702 with the Petra hard fork, a new proposal designed to address some of ERC-4337’s most pressing limitations. Perhaps this one is the right one! 🤞 🔗 Read the full story here: https://lnkd.in/ezis6PK5

Take a look at our latest product presentation 🎁 While others keep their platforms in a black box, Dfns is bringing clear visibility to digital asset and wallet technology through 61 slides! Our solutions provide companies and financial institutions with secure, multi-chain wallet management, powerful APIs, and compliance tools—everything designed to give users and developers full control with no guesswork. Transparency isn’t just a feature at Dfns; it’s our commitment ✍