Read Time: 6 minutes A “smart contract” is a set of instructions that run on Ethereum Blockchain. To audit, an ethereum smart contract means to ensure that it is secure from potential threats and common vulnerabilities. While in the present scenario, the hacks, and exploits related to smart contracts are at an all-time high, it’s a storm to be …
Read Time: 4 minutes Smart contracts are the very heart of the DeFi ecosystem, but even beyond DeFi, their appropriateness in a Blockchain-based application has no bounds. If your DeFi smart contracts are vulnerable, so is your application. These are the prewritten lines of code representing pre-approved terms and conditions that are executed automatically on the Blockchain network when …
What is the right time for DeFi smart contracts audit? Read More »
Read Time: 9 minutes Welcome to the Beginners guide to smart contract auditing! One of the best ways to get started with smart contract auditing is to jump in and look at a few common types of vulnerabilities in smart contracts. It would be helpful if you already have a basic understanding of Ethereum’s Solidity programming language. As we …
Beginners Guide to Smart Contract Auditing: Part 1 Read More »
Read Time: 4 minutes Crypto hacks continue in 2022 as hackers attack vulnerabilities within different networks, adding to millions of stolen assets. The Algorand community began the year on a sour note following an attack on their decentralized exchange that led to the loss of about $3 million worth of assets. According to reports, on January 1, 2022, unauthorized …
Lessons From The Attack On Tinyman, Largest DEX On Algorand Read More »
Read Time: 4 minutes Security of a blockchain project is one of the key elements for its success. An important aspect for ensuring security of a project is smart contract audit. An accurate and detailed analysis of smart contract sets in an application helps detect and eliminate vulnerabilities. The audit also checks upon the reliability of the contract’s interactions. …
Read Time: 4 minutes Getting a smart contract audited before launching your DeFi protocol is more than a ritual. The audit is crucial for the safety and eventually, success of the project. To ensure that the audit completes its objective – discovering and plugging the vulnerabilities – you need to work closely with the company you have entrusted with …
7 Biggest Challenges with DeFi Smart Contract Audits Today Read More »
Read Time: 4 minutes Smart contract vulnerabilities can damage the DeFi projects beyond the obvious. Not only can these hurt or damage a single project, but can also make the investors back off from the DeFi ecosystem as a whole. It is the smart contracts that have made the DeFi what it is. Though the technology behind the smart …
How to Efficiently Conduct DeFi Smart Contract Audit Read More »
Read Time: 5 minutes DeFi had been the flagbearer of the crypto boom in 2020 and the heat refused to die down through 2021 as well. With more and more people flushing their funds into yield farming, DeFi continues to be in the long run. You might be knowing many who multiplied their earnings with DeFi. It hasn’t been …
What makes DeFi Smart Contract Auditing so Pivotal Read More »
Read Time: 6 minutes From a similitude of an ICO craze, DeFi has grown to over $200 billion, according to DeFi Llama statistics. It expands to various use cases from collateralized lending and savings, including flash loans, derivatives, stable coins, etc. Smart contracts demystified why DeFi can automate and execute transactions within users in a decentralized manner. It is …
Read Time: 4 minutes DeFi has been a dynamic component of the cryptocurrency industry with approx $80 billion in assets locked into protocols in March 2021. As the saying goes, however, problems accumulate where the money is. Projects in DeFi have been forgery and scams, and the loose bolt in such activities have been badly constructed smart contracts. This …
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