The crypto industry is at a standstill in terms of market capitalization and TVL. But the number of smart contracts audits is increasing every month. Innovative applications of blockchain technology continue to create value. dApps and Web3 apps still handle millions and billions of user funds. Even in the bear market, we see a hike
The Russian invasion of Ukraine has dramatically affected everyone in this country. Millions of refugees, regular missile attacks targeting critical infrastructure, destruction of industrial facilities, heavy bombardments of large cities, and the unprecedented scope of cyberattacks are the reality in Ukraine today. Nevertheless, Ukraine is firmly beating Russia on the battlefields, and the country’s economy
The Bitcoin fever is a real magnet for thieves who come up with many ways to steal crypto. It turns out that Bitcoin stealers target not only big companies but individual users with modest amounts in their crypto wallets. Chainalysis recently revealed that $3.8 billion of crypto assets were stolen in 2022, an increase of 15%
The article by Hacken’s Smart Contract Auditor on the most common smart contract vulnerabilities & how to prevent them.
Big Idea Definition:Penetration Testing is a proactive cybersecurity measure aimed at identifying internal and external vulnerabilities of a software application by trying to breach existing security controls. What’s so special about Penetration Testing?Penetration Testing follows the steps of a potential attacker but does not deal any harm. Main benefit: Penetration Testing is proactive rather than
Recently, many crypto platforms have banned or limited the withdrawal of funds for their users. They attribute these limitations to the bear market and extreme market conditions. We will look at notable examples of suspension and consider the implications for crypto traders. Platforms that introduced withdrawals bans or limits CoinLoan, a crypto lending platform, has
Smart Contracts are the foundation for the world of decentralized applications. These self-executing contracts are made up of code that initiates one or a series of functions when specific pre-defined parameters are satisfied. Once deployed, they are designed to be autonomous, eliminating the need for a middleman or centralized infrastructure. As a component created on
What are smart contracts? Smart contracts are digital contracts that automatically execute financial transactions once specific terms and conditions are met. Smart contracts make up the foundation of decentralized finance. The significant benefits of smart contracts are speed, efficiency, accuracy, trust, transparency, security, and savings. Most transactions on the blockchain utilize smart contracts. Smart contract
What is a penetration test? A penetration test (ethical hacking) can be defined as an authorized cyberattack launched as part of a security audit to look at the system from a hacker’s perspective. Pentest reports are used to remediate discovered vulnerabilities to secure the system controls. Black Box Testing Also called “trial and error”, this
