A CertiK security analysis has uncovered more than 50 DeFi and NFT projects with critical vulnerabilities. We feel obligated to share these insights with our community.
All of these contracts share three code-based features that enable the developers to rugpull.
By calling the function rewardHolders(uint256 amount) external onlyOwner…
When it comes to Ethereum, the first thing that comes to mind may well be “gas fee”. Nowadays, the mainnet of major blockchain projects are online, and their synonyms for ‘transaction fees’ are often inseparable from the word “gas”.
The high gas fee has always been a sore point for…
The first time you check out a crypto security audit on the CertiK Security Leaderboard you might find the report a little daunting, confusing, and a little more like hieroglyphics than an essential asset to DYOR.
Whether it’s a security audit report of your favorite ERC20, an intricate and robust…
The hacker/s used fake credentials at the front desk, gaining the trust of the receptionist; the receptionist then handed over the keys to the vault.
On Aug 10, 2021, PolyNetwork suffered a cross-chain attack that resulted in a total loss of $600M. …
When it comes to Ethereum, the first thing that comes to mind may well be “gas fee”. Nowadays, the mainnet of major blockchain projects are online, and their synonyms for ‘transaction fees’ are often inseparable from the word “gas”.
The high gas fee has always been a sore point for…
On the 22nd of June we invited our community to fire questions to the CertiK team and the great folk at SeedifyFund. The response was amazing, and we had a blast answering your questions!
From audits and security education, to the long term vision and mission of SeedifyFund.
Without further…
In his early days, Minzhi never thought he’d become a Security Engineer for the largest crypto and blockchain security company in the world. With a background in software engineering, and a desire for DeFi, Minzhi has built upon his skillset to become a Security Engineer with CertiK!
Below, Minzhi shares…
With more than $500 million worth of tokens lost due to financial exploits in DeFi protocols during 2020, and $343m lost in the first 5 months of 2021 alone, security has been top of mind for all projects. A reputable audit report is the current standard, but that’s not always…
Security audits have cemented themselves as a necessary tool in the arsenal of every type of blockchain-based project when it comes to securing their protocol and, importantly, their user’s funds.
With the total value locked in DeFi alone exceeding $45 billion dollars in February of ’21 it’s no surprise that…
The CertiK Security Team has successfully completed an audit of XEND Finance’s smart contract’s delta related to the rewarding group creator. The code in the audit is comprised of code related to rewarding a group’s creator with a percentage of the commission fee as well as to track total $XEND…
