1 year ago, I made a video about how blind signing would cause massive pain.
Since then, we've seen hack after hack (recently, Drift protocol for almost $300M), where clear signing could have helped mitigate.
Today, we finally have a systemic upgrade to wallet UX 👇
Security researcher ily2 has just earned a staggering $3,000,000 from submitting a critical smart contract bug via Immunefi.
That's the largest single payout in web3 security in recent memory.
In total, he's submitted 3 reports. All 3 were paid. 100% accuracy.
His leaderboard update is coming soon, but you can pledge IMU to him now and earn when he finds the next one:
https://t.co/ZEN8N5SP2c
When AWS went down last month, parts of Web3 went dark too.
Not because the blockchains failed, they kept running.
It was the tools people use to interact with them, dashboards, wallets, RPCs, that stopped working.
Decentralization isn’t just code, it’s infrastructure too.
#web3 #web3security #blockchain #defi #aws #rektfyai #cybersecurity
Abracadabra lost $1.8M because of one logic mistake in their code.
A small function reset the wrong variable, and let an attacker borrow money they shouldn’t.
Even “safe” code can fail when assumptions break.
DM @RektifyAI for a smart contract audit.
#web3security#rektifyai
The Baseline Tooling Hackathon is in full swing!
Integrate Baseline into IDEs, linters, frameworks + more.
🗓 Deadline Oct 6
💲 $10K in prizes
👉 https://t.co/WUPlgjKGCA
#WhatsMyBaseline@ChromiumDev
December 2021 $120M was drained from BadgerDAO without touching a smart contract.
A stolen API key. A vulnerable UI leading 500 users giving infinite approvals… to a hacker.
#Web3Security#rektifyai#smartcontractsecurity
#PeckShieldAlert Mt. Gox has transferred 11,501 $BTC ($1.01B) out, with ~893 $BTC ($78.11M) was transferred to its related hot wallet & 10,608 $BTC ($927.48M) transferred to a new address
$12.3M GONE in a flash!
A fake collateral scam just wrecked Ionic Protocol. The attacker faked LBTC tokens, built trust, and drained millions—all because security checks were rushed.
#web3security#bitcoin#ethereum#rektifyai#cybersecurity