The DualDefense Flash Pools MVP successfully demonstrated the viability of real-yield security staking, proving that decentralized audit pools can create a more secure Web3 environment. However, one major challenge emerged: the limited number of pools available under the initial framework. To make a real impact, we need a broader, more scalable solution. With this goal,
Lazarus Strikes Again: A Flaw in EVM, Smart Contracts, Multisig or Safe {Wallet}? Can Web3 Ever Be Truly Secure? Exclusive Research by Hacken. The recent ByBit hack—where the Lazarus group drained $1.5 billion in ETH and stETH from a multisig cold wallet—has once again exposed critical vulnerabilities in even the most trusted crypto security setups.
We are thrilled to announce a strategic partnership between Hacken and Alephium, marking a significant step forward in blockchain security. This collaboration is formalized through a Memorandum of Understanding (MoU), under which Hacken will provide a comprehensive suite of security services tailored to the Alephium ecosystem. As the first operational sharded blockchain, Alephium is designed
Hacken and the Telos Foundation are excited to announce a collaboration to elevate security standards within the Telos blockchain ecosystem. This collaboration, formalized through a Memorandum of Understanding (MoU), leverages Hacken’s advanced Extractor monitoring system to provide real-time security for Telos EVM. UPDATE: Extractor Integration Progress As part of our collaboration, we have already achieved
The EEA DeFi Risk Assessment Guidelines is a comprehensive list of risks and mitigation strategies for DeFi protocols, developed collaboratively by leaders from Hacken, OpenZeppelin, Consensys, EY, CertiK, Quantstamp, and other key industry players.
BREAKING: Hacken has been selected as one of only 20 pioneering projects for the second cohort of the European Blockchain Sandbox. The sandbox is the EU’s playground for blockchain innovation, fostering regulatory dialogues and legal certainty for distributed ledger technology (DLT) solutions across sectors. At Hacken, we lead in Smart Contract and Blockchain Security Analysis.
On Jan. 30, there was a significant security alert at Ripple. About 213 million XRP tokens, worth roughly $112.5 million, were illicitly siphoned off from wallets believed to be associated with Chris Larsen, Ripple’s Co-founder & Executive Chairman. Ripple Incident Update Our investigation into this event reveals a tangled web of transactions linking back to
In a startling turn of events, the Web3 community was shaken by a significant security breach. Users of popular dApps like SushiSwap, Zapper.fi, and RevokeCash reported suspicious activities, signaling a potential compromise in a widely-used Web3 connector. This breach serves as a stark reminder of the ever-present vulnerabilities in the DeFi space. Inside the Attack
What’s inside a new partnership between Hacken and KuCoin Community Chain? – Outstanding benefits for KCC ecosystem projects! Learn more…
