Top Tweets for #Web3SecurityTips
🔐 #Web3SecurityTips: SecureWeb3 Checklist 🌐
Most of the fund losses happen because of violating best practices and basic security hygiene while working with web3. In the case of protocols - that is what audits are for. Auditors will always notice such violations together with vulnerabilities and provide the appropriate recommendations to fix the misbehavior.
But in the case of user safety - there is always a need to remind the basic hygiene, so they will not be left vulnerable and "un-audited".
1️⃣ Never transfer ERC20 tokens directly to the contract, unless you are 100% sure that is the right user flow for the protocol. In most cases, contracts do not have a "rescue" function and your funds will effectively become stuck.
2️⃣ Always read available documentation of the protocol to use the appropriate interface to deposit funds. Make sure you know how the protocol works and your position will not be liquidated immediately.
3️⃣ Double-Check what amount you are going to sign or approve and make sure your wallet shows it to you. UI may be misleading and the actual amount may differ from the one in the interface.
4️⃣ Always recheck if the website you are interacting with is the correct one:
- check misspells in the site name to avoid mimicking malicious clones;
- always check the news from the protocol you interact with to see if it was not compromised.
5️⃣ Double recheck the account/protocol addresses you are going to interact with - symbol by symbol. User can be easily tricked with the spoofing address mimicking the actual one
6️⃣ Always check the result of the transaction - that it is successful, and that the balance was changed. There are enough flaws in ERC20 to mimic a successful transaction, so always check the balance
7️⃣ If the dApp allows, use the features offered by ERC-1363 (Payable token), or ERC-2612 (Permit)
Stay vigilant, stay secure! 🔒 #Web3Security #CryptoSafety #BlaizeSecurity
🔐 #Web3SecurityTips: ERC20 Risks & Best Practices 🪙
ERC20 is a standard adopted in web3 nowadays. It introduced an approve-transfer pattern which is ubiquitous in modern dApps. Since it is almost impossible to replace ERC20, you should know its main flaws and be aware of the basic hygiene of token usage.
🚩 The gap between the approval and transfer means that you cannot be sure when the spender will transfer your funds.
🚩 Such a pattern leads to a lot of "dangling" approves - unspent amounts just open with no outdated.
🚩Since sometimes it is hard to calculate the exact deposit amounts, dApps try to force you to approve more than needed.
🚩 Some dApps like Uniswap force you to perform "infinite" approval.
Such behavior increases the risk of funds loss. So, make sure you follow the best practices:
1️⃣ Always check that you don't have "dangling" approves. Use revoked cash to facilitate unrevoked approves.
2️⃣ Adopt the best practice of safe transfers: either approve the exact amount to be transferred or send the approved (0) transaction just after the transfer.
3️⃣ Use wallets that clearly show you the amount to approve and spender.
4️⃣ Always check what approved transaction is constructed by the dApp - don't trust UI blindly.
5️⃣ Avoid "infinite" approvals at any cost.
6️⃣ Consider using tokens with the support of ERC-1363 to utilize the approveAndCall callback.
Always review your transactions, especially when dealing with ERC20 approvals for untrusted dApps. Stay safe in the DeFi environment with https://t.co/i6B6QbykR9! 💻🔒 https://t.co/Z9n7dELiSn
#BlaizeSecure #Web3Security #CryptoSecurity #ERC20 #CryptoSafety
🔒💻 Update your Chrome browser regularly for a more secure Web3 experience. Just like practicing safe sex, keeping your software up-to-date helps prevent unwanted surprises! 😎🛡️🌐 #Web3SecurityTips #wallethygiene
🔐 #Web3SecurityTips: Top Social Engineering Attacks in Crypto 🚩
Social engineering thrives on human error, and it's hazardous. But fear not, we've got you covered.
Here are some common techniques hackers use and what your project can do about them:
🔑 Phishing: Beware of deceptive attempts to trick users into revealing private keys.
🪱 Baiting: Exploit curiosity by sending enticing files, leading to automatic malware installation. Educate your team to resist the bait.
⛔️ Scareware: Frighten victims into believing they're under threat. Be cautious of pop-ups urging you to download software—double-check before clicking.
🔧 Tech Support Scams: Scammers pose as tech support, offering to install software. Don't fall for it—installing could mean trouble.
👀 Pretexting: Impersonating co-workers or officials to gather sensitive information. Always verify requests for personal data.
✉️ Business Email Compromise (BEC): Falsified emails trick victims into performing actions like unauthorized crypto transfers. Be vigilant, especially when the request comes from higher-ups.
📥 Watering Holes: Malicious code on legitimate websites can compromise visitors. Stay cautious when downloading anything.
Web3 businesses, take note:
✅ Implement internal security policies.
✅ Educate employees on risks and due processes.
✅ Monitor social media channels for suspicious activity.
✅ Periodically review and revoke token allowances.
Remember, never share sensitive information with outsiders. Stay safe, stay secure with BlaizeSecurity! 💻🔒 https://t.co/Z9n7dEKL2P
#BlaizeSecure #SocialEngineering #BlockchainSecurity #Web3Security #CryptoSecurity
🔐#Web3SecurityTips: What to Do After the Project’s Hack🔐
Justin Sun-related crypto platforms were hacked 4 times in 2 months. Over this period, the platforms lost a combined total of approximately $208M across all 4 incidents.
So, if you've already been hacked, how can you ensure it doesn't happen again?
Step 1️⃣ Mitigate the consequences of the hack (obviously).
Step 2️⃣ Investigate the causes: If necessary, enlist the help of external security providers (like @BlaizeSecurity) and fix the vulnerabilities.
Step 3️⃣ Basic sanitizing policy: Replace all private keys, access tokens, passwords, etc.
Step 4️⃣ Update the infrastructure: Redeploy services and containers on which platform components operate to reset potentially vulnerable elements.
Step 5️⃣ Carry on a comprehensive security audit of the code.
Step 6️⃣ Conduct an assessment of the deployed services and infrastructure.
Step 7️⃣ Search for advanced security monitoring services and implement them into the product.
Step 8️⃣ Establish a security policy, incidents mitigation strategy, and periodic assessment's plan.
🚨 Stay updated with #BlaizeSecurity for more insights on safeguarding your web3 project 👉https://t.co/Z9n7dEKL2P
#BlockchainSecurity #Web3Security #CryptoSecurity #CryptoHacks
🔐 #Web3SecurityTips: Basic Sanitizing Policy for a User 🔐
Our Head of Security Pavlo Horbonos @MidvelCorp took some time to pick up valuable insights from a recent @Consensys webinar on Web3 security. Here's a summary of basic security hygiene every user should adopt:
🛡️Block Suspicious (and better - all) Analytics Scripts: Be cautious and avoid connecting your wallet unnecessarily.
🛡️Learn and Stay Informed: Visit the MetaMask Learn site for comprehensive security tips in Web3.
🛡️Use a Hardware Wallet: Consider devices like Ledger or Trezor for enhanced key protection.
🛡️Beware of Phishing: Always be alert to phishing emails and never share your secret phrase (SP).
🛡️Official Sources Only: Download MetaMask exclusively from trusted sources: https://t.co/1CsMeqxZsg.
🛡️Smart Wallet Usage: Use a separate hot wallet for necessary wallet connections.
🛡️Install Transaction Insight Snaps: Enhance transaction understanding and security.
🛡️Opt for MetaMask Security Alerts: Activate these alerts in the Experimental settings.
🛡️Use a Revocation Engine: Regularly review and manage your token approvals and digital consents.
🛡️Have a Response Plan: Know the steps and whom to contact in case of scams: https://t.co/4hJp9LkLGP.
🚨Staying safe in web3 is about being informed and vigilant. At Blaize, we're committed to not just developing secure solutions, but also empowering our community with the knowledge to protect themselves.
💼Contact BlaizeSecurity to get your project secured https://t.co/Z9n7dEKL2P
#BlaizeSecurity #Web3Security #ConsenSys #Web3 #BlockchainSecurity
🔒 #Web3SecurityTips: Maximize Your Digital Security 🔒
In the ever-evolving landscape of #Web3, proactive security measures are paramount. Here's how you can safeguard your assets with cutting-edge tools and strategies:
🔎 Transaction Insight Snaps: Before executing any blockchain transaction, utilize #MetaMask Snaps for detailed previews. These innovative tools simulate the transaction, offer comprehensive insights, and alert you to critical transaction elements, ensuring you're informed every step of the way.
🔗 TrustBlock Verification: Exercise due diligence by reviewing protocols on @TrustblockHQ. This extra layer of validation provides peace of mind and clarity, especially when dealing with unfamiliar transactions or entities.
💡 CyVers Integration: Enhance your defensive arsenal by integrating @Cyvers_ solutions, focusing on prevention and robust protection. Their AI-driven platform offers a shield against a spectrum of cyber threats, keeping your digital journey secure.
👨💻 For Advanced Users: Take it a step further with @TenderlyApp TX Preview. This tool allows you to emulate transactions, giving you a sandbox to test and verify outcomes before committing on-chain, reducing the risk of failed transactions and potential losses.
By leveraging these sophisticated tools and Blaize's expert guidance, you can walk through the digital realm with confidence. Remember, in the world of blockchain, your security is only as strong as your vigilance and the tools you employ.
🚨Stay updated with #BlaizeSecurity for more insights into safeguarding your blockchain experience 🚨
💼Contact https://t.co/i6B6QbykR9 to get a comprehensive security consultation https://t.co/Z9n7dELiSn
#BlaizeSecurity #Web3Security #Web3 #BlockchainSecurity
🚨#Web3SecurityTips: Post-audit measures🚨
In the web3 space, a smart contract audit is just the beginning. At the same time, post-audit services tend to ensure the overall security of your web3 project. Let's take a closer look at relevant post-audit measures:
1️⃣ Secondary audits & package of code updates audits: Continuous security checks as code evolves, ensuring ongoing robustness.
2️⃣ Security patches development: Swift fixes for identified vulnerabilities, enhancing system security.
3️⃣ Secure CI/CD building: Automated and secure code testing and deployment, reducing risks and errors.
4️⃣ Deploy support and post-deploy assessment: Expert-led contract deployment with a subsequent security check, ensuring correctness of settings, setup and protocol launch.
5️⃣ Active protection for smart contracts: Real-time defense mechanisms tailored for contracts, warding off potential threats.
6️⃣ Consulting from Security Researchers: Expert insights to strengthen your project against emerging risks.
🛡️In the blockchain realm, the post-audit phase is as crucial as the initial assessment. As your project evolves, threats may also evolve and adapt.
That's why security must be viewed as a pipeline, with relevant measures at every step. BlaizeSecurity is your trusted partner and ensures you're fortified at every milestone 🛡️
💼Contact BlaizeSecurity to get your project secured https://t.co/Z9n7dEKL2P
#web3 #BlaizeSecurity #web3security #CryptoSecurity
🚨#Web3SecurityTips 🚨
🔐 The DeFi landscape is evolving, and so are the vulnerabilities. Dive into our updated article highlighting the 9 Most Common Smart Contract Vulnerabilities: https://t.co/yinCCNFm4e
The most widespread vulnerabilities that frequently cause web3 project hacks if not detected and resolved are:
1️⃣ Vulnerable Price Feed
2️⃣ Reentrancy
3️⃣ Incorrect Deploy Settings
4️⃣ Inflation Attack
5️⃣ Compromised Private Keys
6️⃣ Attack with Fake Contract
7️⃣ Calculation & Accuracy Issues
8️⃣ Race Condition: Order Dependency
9️⃣ Incorrect Work with ERC20 Tokens
💡Remember: A timely audit with Blaize Security can prevent most hacks caused by these vulnerabilities. Stay informed, stay secure. 🛡️
💼Contact https://t.co/i6B6QbxN1B to get your project secured https://t.co/Z9n7dEKL2P
#CryptoSecurity #BlaizeSecurity #Web3
🚨#Web3SecurityTips: New Hackers’ Method for BNB Smart Chain! 🚨
Recently cyber fraudsters have found a new way to exploit BSC (BNB Smart Chain) smart contracts, using them as hidden repositories to disperse malware. Let’s have a closer look at the case and try to make proper conclusions.
🔍 What's Going On?
📌Attackers are compromising WordPress sites and embedding code that fetches malicious payloads from blockchain contracts.
📌These BSC smart contracts act as anonymous and cost-free hosting platforms for the hackers.
📌Disguised browser updates. Victims, thinking it's just a routine update, are lured to fake landing pages, leading to entire site takeovers.
🔄 What Is the Threat?
📌Malicious actors can alter their strategy by merely updating the harmful code in each blockchain transaction.
📌Once these tainted smart contracts are active, they run on their own, leaving platforms like Binance dependent on their developer communities to spot and report the malicious code.
💡 Stay Vigilant! Always be cautious, double-check your sources, and avoid unfamiliar browser updates. The web3 realm is full of opportunities, but also threats. Never forget: safety first! 🛡️
💼Contact https://t.co/i6B6QbxN1B to get a quotation for your smart contract audit within 24 hours https://t.co/Z9n7dEKL2P
#CryptoSecurity #BlaizeSecurity #Web3 #BSC
Are you into the F2P Gaming? 🎮 Make sure you're fully secured with these essential security tips!
Remember, in the decentralized world, your best defense is awareness and proactive measures! #Security #Web3 🛡️🚀 #Web3SecurityTips
#Web3SecurityTips
👀 Did you know? Over 75% of protocols we audit have critical vulnerabilities leading to hacks!
What other pros of the necessity of audits do you need?🔒
Why is blockchain security such a challenging issue even for world-class teams? Let's take a closer look at the reasons:
1️⃣ Complexity: Decentralized tech is complex, offering more attack vectors. Each protocol is unique, with small vulnerabilities potentially causing multi-million dollar losses.
2️⃣ Multi-Disciplinary Expertise: Ensuring blockchain security requires expertise in cryptography, distributed systems, low-level development and even economics.
3️⃣ Time Pressure: The race to implement new features and fight competitors frequently leaves minimal time for comprehensive penetration testing and audits. Attackers seize these opportunities, exploiting protocols post-mainnet launch.
4️⃣ Financial Risks: The security battle is highly asymmetric in the blockchain realm. Minor bugs can lead to irreversible vulnerabilities, risking user funds.
Anyways, these are already completed stages by the Blaize Security team! We know how to incorporate security measures in a timely manner.
💼💰Contact us today to take your project security to the next level with Blaize! #Security #Cybersecurity #BlaizeSecurity
🔒💻 Update your Chrome browser regularly for a more secure Web3 experience. Just like practicing safe sex, keeping your software up-to-date helps prevent unwanted surprises! 😎🛡️🌐 #Web3SecurityTips #wallethygiene
#Web3SecurityTips
Hackers thrive on thinking "outside the box," how can we be a step forward❓
🛡️ Building a solid protocol isn't simple. It demands vigilance and innovation. At Blaize Security, we challenge ourselves to do it on the highest level. So, what measures need to be taken to maintain the secureness of the project from the moment of its deployment?
✅ Don't just anticipate user interactions; consider how a malicious actor might exploit your protocol. Explore the boundaries within your system. We scrutinize unconventional scenarios to safeguard your protocol's integrity.
✅ To fortify your security posture, proactive monitoring is essential. Detect anomalies early, stay ahead of threats, and minimize security risks.
✅ Audits are your armor in the ever-evolving world of #Web3. Engage multiple auditing firms before launch to ensure maximum security. Post-launch, continuous audits are a must, ensuring protection against emerging threats.
💪 Incorporate security measures into every development stage. Stay vigilant!🚨 And remember: safety first!
Contact us today to take your project security to the next level with Blaize! #Security #Cybersecurity #BlaizeSecurity
🔒💻 Update your Chrome browser regularly for a more secure Web3 experience. Just like practicing safe sex, keeping your software up-to-date helps prevent unwanted surprises! 😎🛡️🌐 #Web3SecurityTips #wallethygiene
The #blockchain gaming landscape is evolving at lightning speed - closer and closer to F2P gaming🎮So the required #security level becomes closer and closer to cybersecurity standards. Let's take a closer look at #Web3SecurityTips for the topic together!
🚨Account as #NFT. New trend which brings more utility for NFT and ownership - and more threats for the user. Number of NFTs stolen grows rapidly - so despite extreme convenience, now you can lose not 1 asset, but the whole account.
🛑Also, in-game assets are still NFTs - so regular #web3 #security rules must be strictly followed. More about the recommendations for NFT hygien by Blaize here: https://t.co/NrMS8Y2a18
🛠️ The newest games separate gameplay from #blockchain, with many operations now left off-chain. Remember: what is offchain - can be stolen or manipuilated easily. Secure oracles are crucial to prevent manipulations - especially with NFT prices. Rely only on trusted data feeds.
🟢Growing in-game socializing is another trend in #blockchain gaming. But it leads to increased awareness against social engineering. So check emails and chats for phishing - and be ready to attempts of stealing your emails and payment info though crypto-related channels.
#Blockchain games still possess #play2earn elements - which means tokens utilization. So be aware of basic info hygiene - check links, mails and chats carefully to avoid phishing for your private keys and untrusted sources🔓
❕In-game reward tokens are just like any tokens - be careful as staking contracts are the first target for hackers. So enable #defi #security rules by default: do not perfom approves for untrusted dApps, do not accept suspicious tokens, avoid lotteris and drops
Instead of conclusion: Modern #web3 games need top-tier overall #security, just like #defi protocols or bridges. Remember the Ronin network and Aavegotchi hack? Stay vigilant!🚨 And remember: safety first!
#BlaizeSecurity prepared the next #Web3SecurityTips for you😎
How to use separate wallets to reduce the risks if you are #NFT hunter and collector ⬇️
🔒💻 Update your Chrome browser regularly for a more secure Web3 experience. Just like practicing safe sex, keeping your software up-to-date helps prevent unwanted surprises! 😎🛡️🌐 #Web3SecurityTips #wallethygiene
🔒💻 Update your Chrome browser regularly for a more secure Web3 experience. Just like practicing safe sex, keeping your software up-to-date helps prevent unwanted surprises! 😎🛡️🌐 #Web3SecurityTips #wallethygiene
#BlaizeSecurity prepared the next #Web3SecurityTips for you😎
How to use separate wallets to reduce the risks if you are #NFT hunter and collector ⬇️
🔐 Security is paramount in the crypto space! Share your security tips for safeguarding your digital assets in the world of #Tokenization, #Web3Security, and #DeFiSecurity. Let's create a thread of valuable insights and help each other stay safe. 🛡️💪 #Web3SecurityTips #StaySafe
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