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Read Time: 4 minutes The Solana Network, on the 3rd Aug, suffered an attack which drained more than 8,000 wallets. As an outcome of

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We need smart contracts audit to:
↗Identify bugs🐞
↗Enhance smart contract’s performance
↗Code optimisation
↗Contract’s performance validation
↗Provide credibility and instil trust among the people
..
The list is long, and it’s absolutely why we need #smartcontract audits.
Over $2B lost in Crypto Bridge Hacks in 2022 Too Far💰—
⬇️⬇️
#cryptocurrency | #ETH
Challenges you may encounter during the DeFi Smart Contract Audit:
A quick 🧵👇
ÐApps—
According to the reports by @DappRadar,
“The number of users engaging in decentralised applications is growing by 396% yearly, with now 2.4 million.”
Gaming DApps account for over 50% of the user activity in Q1 of 2022.
↓↓
#Web3 | #Ethereum
📌 Why do smart contracts in blockchain needs audit?
↓↓
🧵👇
The need for a smart contract audit can not be stressed enough.
The unbelievable traction of the #DeFi world has resulted in attracting the interest of people with malicious intentions.
#ETH | #cryptocurrency