Identifying bugs is the foremost reason for smart contracts audit. But it isn’t the only one. Audits also help enhance code performance, optimize code resulting in lesser transaction fee and validate the contract’s performance.
Audits can be broadly classified into
Interim audits and full security audits
What fits for you depends on your goals
To be doubly sure about security aspects internally
Interim audits are fine.
If you want to raise confidence in your end users Full security audits work
Dego Finance was hacked with exploiters draining over $10M
The project was exploited in a #metaverse game on BSC due to a compromised key.
Thieves hacked the address providing liquidity on UniSwap and PancakeSwap.
With the project’s liquidity drained, the token price plunged 78%
1/ Nomad just got drained for over $150M in one of the most chaotic hacks that Web3 has ever seen. How exactly did this happen, and what was the root cause? Allow me to take you behind the scenes 👇
Smart contract security solutions are divided into four phases.
✔️ Security Design
✔️ Security Implementation
✔️ Testing before Deployment
✔️ Monitoring and Analysis
Each one of these requires proper thought and work.
#crypto#cryptocurrency#bitcoin#ethereum#blockchain
Identifying #bugs is the foremost reason for smart contracts audit.
But it isn’t the only one.
#Audits also help
enhance code performance
optimize code resulting in lesser transaction fee
validate the contract’s performance
provide credibility
#blockchain#smartcontract
Which is the largest crypto hack ever?
The tag was associated with the Poly Network hack in August 2021.
The recent $625M Ronin hack surpassed it to claim the title.
The hack underlined how bridges left #crypto projects vulnerable.
Learn more about #audits with #Codebrekrs.
Launching the website is just a start.
There is a long way ahead.
The world of smart contract #audits needed a platform like #Codebrekrs
And here are we!
Looking forward to both auditors and developers embracing us!!
#cybersecurity
This news will surely delight the #crypto project developers and the #auditors#Codebrekrs website has gone live!
It serves as a platform where developers can meet auditors and vice versa
And find all the information they need to be on top of #audit.
#blockchain#smartcontract
The number of crypto #hacks in recent times is simply astounding.
13 hacks in Q1 for about $1.17B
The times call for a novel approach to #smartcontract#auditing.
Welcome to #Codebrekrs!
A Web 3 #security platform where project owners can meet independent security #auditors.
#Codebrekrs is ready to storm the auditing #world
With a sleek new logo
That will help them stand out.
The new kid in the auditing block
Is a single platform for a-z #Web3 security needs
And help best-in-class auditors or firms to come together.
#cybersecurity#technology#web3
Web3 #startups struggle to get access to the best-in-class #auditors or firms.
That can be relied on for the auditing of smart contracts.
As a robust platform fulfilling all your Web3 #security needs
#Codebrekrs brings along a viable solution!
#web3#cybersecurity#blockchain
Thanks to everyone who's attended my talk on Cairo Security at @StarknetCC. Here are the slides of the presentation along with the written version. ✨
Feel free to DM me if you wanna talk starknet/cairo security stuff!
https://t.co/bCGyjezmW9
https://t.co/keEwjgpmWh
Our Audits team audited two of the Sommelier’s (@sommfinance) cellar contracts and were able to stand on our commitment.
We wish Sommelier the best for mainnet 🙏
Read the article & access the audit report:
https://t.co/evbRlduYRu
We're working closely with our security audit partners on different areas of deBridge to ensure that the protocol is secure and reliable🔒
All the audit reports can be found here: https://t.co/lVJxwFIUpb