CRYPTOCURRENCY
Singapore High Court Approves iSanctuary's Use of NFTs for Financial Investigations
In a legal first for Singapore, the High Court has granted permission to UK-based financial investigation firm Intelligent Sanctuary (iSanctuary) to use nonfungible tokens (NFTs) in tracking and freezing assets related to a hack. The NFTs, created in partnership with Mintable, will serve as a warning to counterparties and exchanges and enable real-time tracking of transactions from the compromised wallets.
Fantom Foundation Wallets Compromised in Suspected Chrome Exploit
Fantom Foundation's wallets were reportedly compromised with a suspected Google Chrome zero-day exploit. While the breach resulted in a loss of $550K from the Foundation's funds, over 99% of their assets remain secure. The attacker demonstrated expertise in the DeFi ecosystem, with total gains estimated at $6.7 million.
PwC Cybersecurity: CatchMe if you Kan
Felix Kan is a Partner in PwC’s Risk Assurance Cybersecurity Privacy practice with 10 years of extensive experience. Kan began his career as an ethical hacker and has committed his career to helping Hong Kong companies enhance their protections against increasingly sophisticated cyberattacks.