Event Recap｜SlowMist Recognized by Invest HK Fintech as “Must-Know” 2024
On October 28, the 9th annual Hong Kong Fintech Week 2024 officially launched at Asia World-Expo in Hong Kong. Organized by Invest Hong Kong, alongside the Hong Kong Financial Services and the Treasury Bureau (FSTB), and co-hosted by the Hong Kong Monetary Authority (HKMA), the Hong Kong Securities and Futures Commission (SFC), and the Hong Kong Insurance Authority (IA), this premier event brought together over 35,000 global participants from more than 100 industries under the theme, “Illuminating New Pathways in Fintech.”
Recognized as one of the world’s flagship fintech events, this year’s Fintech Week drew senior representatives from major technology firms in China and abroad. The event featured over 800 speakers, with exhibitors and sponsors sparking discussions and sharing insights that continue to shape the industry’s future.
In the opening remarks, Financial Secretary Paul Chan highlighted Hong Kong’s significant strides in becoming an international fintech hub, now home to over 1,100 companies focused on AI, Web3, and blockchain applications. FSTB Secretary Christopher Hui announced plans to release stablecoin regulatory guidelines by year’s end and initiate the second phase of consultations on virtual asset OTC regulation in 2025. HKMA Chief Executive Eddie Yue emphasized digital development’s role in the region’s growth, unveiling initiatives including HKMA’s partnerships with the central banks of Brazil and Thailand, as well as collaborative efforts with the People’s Bank of China to connect Hong Kong’s fast-payment system with mainland China’s online banking payment systems. InvestHK Director Stephen Phillips highlighted that per Hong Kong’s 2024 Policy Address, the city is set to advance CBDC cross-border applications, enhance virtual asset regulations, and foster tokenized real-world assets, digital currency ecosystems, and digital securities markets.
Amid the event’s dynamic activities, SlowMist received Invest HK Fintech’s prestigious “Must-Know” 2024 recognition. Keywolf, SlowMist Partner & CPO, delivered a keynote on SlowMist’s expertise in blockchain security and crypto Anti-Money Laundering (AML). He shared, “Our security audit services cover Web3 smart contract safety as well as traditional Web2 cybersecurity, including red team testing, and we offer security consulting, emergency response, and on-chain monitoring. In AML, SlowMist’s KYT platform and asset monitoring and recovery services have built extensive expertise.” He also noted that SlowMist has assisted numerous exchange clients with VASP licensing, providing compliance audits that align with all HKSFC cybersecurity requirements. Furthermore, SlowMist collaborates with international law enforcement agencies, including the Hong Kong Police Force, Singapore Police Force, and the FBI, to combat illicit activities.
The following morning, Keywolf and Bitrace CEO Isabel joined a Cyberport-hosted Fireside Chat titled “2024 Virtual Asset Security & Compliance Opportunities and Challenges Under New Policies.” They discussed Web3 compliance and security challenges, highlighting the growing need for international collaboration and blockchain analytics to counter crypto crime. Keywolf introduced MistTrack, SlowMist’s compliance investigation platform that supports wallet analysis, asset monitoring, and traceability. MistTrack has over 300 million labeled addresses, more than 1,000 entities, 500,000+ threat intelligence data points, and over 90 million flagged risk addresses, strengthening digital asset security and anti-money laundering efforts. Keywolf noted, “Through SlowMist InMist Lab’s threat intelligence network, we have helped clients recover over $1 billion in stolen funds.”
SlowMist also hosted a booth at the Cyberport TA16 exhibition area, where attendees engaged in meaningful discussions and great admiration for SlowMist’s work.
As fintech continues to evolve, SlowMist remains committed to building a safer blockchain ecosystem, fostering Web3’s growth, and advancing security.
About SlowMist
At SlowMist, we pride ourselves on being a frontrunner in blockchain security, dedicating years to mastering threat intelligence. Our expertise is grounded in providing comprehensive security audits and advanced anti-money laundering tracking to a diverse clientele. We’ve established a robust network for threat intelligence collaboration, positioning ourselves as a key player in the global blockchain security landscape. We offer tailor-made security solutions that span from identifying threats to implementing effective defense mechanisms. This holistic approach has garnered the trust of numerous leading and recognized projects worldwide, including names like Huobi, OKX, Binance, imToken, Crypto.com, Amber Group, Klaytn, EOS, 1inch, PancakeSwap, TUSD, Alpaca Finance, MultiChain, and Cheers UP. Our mission is to ensure the blockchain ecosystem is not only innovative but also secure and reliable.
We offers a variety of services that include but are not limited to security audits, threat intelligence, defense deployment, security consultants, and other security-related services. We also offer AML (Anti-money laundering) solutions, Vulpush (Vulnerability monitoring) , SlowMist Hacked (Crypto hack archives), FireWall.x (Smart contract firewall) , Safe Staking and other SaaS products. We have partnerships with domestic and international firms such as Akamai, BitDefender, FireEye, RC², TianJi Partners, IPIP, etc.
By delivering a comprehensive security solution customized to individual projects, we can identify risks and prevent them from occurring. Our team was able to find and publish several high-risk blockchain security flaws. By doing so, we wish to help spread awareness and raise the security standards in the blockchain ecosystem.
