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Smart Contract Security

Beginners Guide to Smart Contract Auditing: Part 1

Beginners Guide to Smart Contract Auditing: Part 1

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 …

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Lessons From The Attack On Tinyman, Largest DEX On Algorand

Lessons From The Attack On Tinyman, Largest DEX On Algorand

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 …

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Are The Current Auditing Standards Fit For The Growing Use Cases Of Blockchain?

Are Current Auditing Standards Fit For The Growing Use Cases Of Blockchain?

Read Time: 4 minutes 2020-2021 has seen a tremendous increase in blockchain use cases as developers found new technology applications. While 2020 saw the rise of decentralized finance, 2021 has focused more on creativity and the transition from physical to digital application through non-fungible tokens (NFTs), which have played a role in the emergence of metaverse. While blockchain came …

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Vulnerabilities that can Shake Off the Metaverse, and their Solutions

Vulnerabilities that can Shake Off the Metaverse, and their Solutions

Read Time: 4 minutes The metaverse has been a hot topic of discussion, with experts predicting that it will be worth about $85 billion by 2025. This has drawn the attention of the likes of Microsoft, Facebook, Nvidia, Microsoft, Magic Leap, and other giant wits. The word metaverse combines the prefix “meta” which means beyond and “universe“. The metaverse …

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Need of Cybersecurity in Metaverse

Need of Cybersecurity in Metaverse

Read Time: 4 minutes From Bitcoin to ETFs, Ethereum to DeFi, Staking to Arbitrage, and now from NFTs to Metaverse, the world of Blockchain and cryptocurrencies seems to be on steroids! With the rise of Blockchain and subsequently cryptocurrency, NFTs, and Metaverse, innovation in the space has been the only constant. However, digital innovation has always had two sides, …

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How to efficiently conduct DeFi Smart Contract Audit

How to Efficiently Conduct DeFi Smart Contract Audit

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 …

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Can smart contract audits help preempt rug pulls in the DeFi space

How Audits can Help Preempt Rug Pull

Read Time: 4 minutes Decentralized Finance, aka DeFi, can give some great returns. However, there is a possibility of disastrous situations where investors could end up with big losses. In DeFi lingo, these situations are described as rug-pulls. The issue has been widespread in DeFi projects, and not even the whales have escaped unscathed. Any incident of rug-pull not …

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Why DeFi smart contract auditing is important for DeFi projects

What makes DeFi Smart Contract Auditing so Pivotal

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 …

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Use cases of smart contracts in DeFi

Top 7 Use Cases of Smart Contracts in DeFi

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 …

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Most Infamous Hacks in DeFi History & Need of Audit

3 Most Infamous Hacks in DeFi History

Read Time: 5 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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