

Josh
132 posts

@JoshMSchwartz
Co-founder @ Fordefi (acquired by Paxos); prev COO @ Curv (acquired by PayPal); VP Sales @ BitGo







🚀 Crypto's First Standby Wallet is Officially Live Institutional MPC wallets are secure, but provider outages still cause operational risk. Our Standby Wallet built in partnership with @station_70 provides seamless business continuity in times of disruption. ✅ Instant failover ✅ Zero manual recovery ✅ MPC private keys are never reconstructed Our solution offers institutions with the best of both worlds – private keys are not loaded into a new wallet until absolutely necessary yet the entire wallet workspace from policies to the address book has been preconfigured and is ready to go. 🏁 Learn more: medium.com/fordefi/how-a-…







🚨 What Went Wrong in Bybit’s $1.1B Hack? 🚨 If you haven’t heard already, attackers tricked signers into approving a malicious contract upgrade, gaining full control of the wallet. Here’s what made it possible: 🔴 Verification gap – Hardware wallets couldn’t verify complex contract changes. 🔴 No admin safeguards – Contract upgrades weren’t treated as high-risk actions. At Fordefi, we address these risks with multi-factor approvals, role-based policies, and secure admin workflows. 📖 Read the full breakdown from our CTO, @DimaKogan: medium.com/fordefi/critic…




🚨 PSA: Do not interact with @lifiprotocol powered applications until further notice. For Fordefi clients, please review your smart contract approvals in our Allowance Manager. #StaySafe



