In order to put in the local top on exploits I'm very proud to announce I’ve joined @zenith256 as BD Lead.
Been in the space since 2017 and all I've ever wanted to do career-wise is contribute in the most +EV way possible. Exploits are at ATHs and Zenith provides quick audit turnaround working with the most cracked hackers and researchers in crypto.
Beyond excited to help make this industry safer for all of us. DMs open!!!
The number of DeFi hacks reached ATHs in April, but their impact is still relatively low and stable.
While it’s possible the rise in count is due to AI, what’s more likely is that it’s a function of more contracts being deployed over time.
Although 2% - 4% of total value locked hacked per year is still way too high for mainstream adoption, there’s no reason to be an alarmist about it yet.
Will note too that it’s typically weaker, often times abandon/ill-maintained protocols that get hacked, so this 2% - 4% per year is in a way a weeding of the crowd.
A gold medal, CISA acknowledged CVEs, and a pentest for Kanye West.
Meet Zenith auditor, @dreyand_.
From CTF beginnings to finding bugs in AT&T, Spotify, and the U.S. Department of Defense, let’s see what makes DreyAnd one of the best security researchers in the space.
We reported a critical loss of funds bug to @Thorchain (32M TVL, 150M FDV)
They silently patched it and told us their bug bounty program is permanently retired.
We have more Thorchain chain halt DoS vulns. We intend to release them (open disclosure) in the coming few days