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Vitalik Buterin Floats Idea of AI-Based Code Audits, Ethereum Project Developers Back Him Up
22.2.2024
In 2023, crypto users lost an estimated $2 billion to hacks and scams, with Ethereum experiencing the highest losses due to its extensive ecosystem and high-profile projects
Gov’t Servers in South Korean City ‘Infected with Crypto Mining Malware’
16.1.2024
Source: iuliia_n/Adobe Crypto mining malware has been found on two government servers in the South Korean city of Daejeon, an audit has found. Per MBN, the nation’s Ministry of Public Administration and Security commissioned biannual audits of the city government’s servers. During...
Crypto Crooks Sent Over $300M to Bitcoin Mixers in 2023: CertiK Research
14.12.2023
Following the demise of the popular crypto mixing protocol, Tornado Cash, the Bitcoin ecosystem has become a preferred avenue for discreet fund movement, according to research by blockchain analytics firm CertiK. In its recent report, CertiK, known for conducting smart contract audits and on-chain...
Real AI use cases in crypto, No. 3: Smart contract audits & cybersecurity
29.11.2023
Experts say AI has huge potential in smart contract audits and crypto security in future. Unfortunately, ChatGPT sucks at it right now
Security audits ‘not enough’ as losses reach $1.5B in 2023, security professional says
29.11.2023
CertiK co-founder Ronghui Gu told Cointelegraph that it’s “inexcusable” the industry faces continued SIM-swap and multisig failures, as previous incidents already highlighted the issues
Audits and rug-pulled projects, a $650B token burn, and major DeFi protocol quits UK: Finance Redefined
27.10.2023
Uniswap’s founder burned $650 billion of HayCoin, amounting to 99% of the token’s supply
85% of crypto rug pulls in Q3 didn’t report audits: Hacken
25.10.2023
A cryptocurrency rug pull is one of the simplest scams to prevent, according to blockchain security auditor Hacken
SEC Charges FTX Auditor for Helping Clients Violate Securities Laws
2.10.2023
The U.S. Securities and Exchange Commission (SEC) announced charges against an accounting firm that worked for failed cryptocurrency exchange FTX. The company, Prager Metis, has been accused of facilitating clients in breaking federal securities laws and also auditor independence violations....
Banana Gun’s failed contract passed 2 audits, but ChatGPT found the bug in seconds
12.9.2023
Banana Gun’s newly launched token plummeted more than 99% within three hours of its launch after a bug was discovered in the token's contract
What Are Smart Contracts? Unpacking Today’s Digital Agreements
10.9.2023
In the digital currency realm, smart contracts have enhanced the financial industry through tokenization, decentralized finance (defi) and other agreements in the form of self-executing code. But how exactly do they work? What benefits do they offer? Here’s a concise overview of smart...
Arkham Intelligence Identifies Grayscale’s $16 Billion Onchain Bitcoin Holdings
6.9.2023
Arkham Intelligence, a leading crypto analytics firm, unveiled on Wednesday its findings on Grayscale’s Bitcoin Trust onchain holdings. This revelation comes just six days after Arkham shed light on the fund manager’s onchain ethereum assets. Unmasking Grayscale’s Bitcoin...
Richard Ma, CEO of Quantstamp, on Blockchain Security, Web3 Audits, and Smart Contracts | Ep. 260
29.8.2023
In an exclusive interview with cryptonews.com, Richard Ma, Co-Founder and CEO of Quantstamp, talks about smart contract audits, the most common types of Web3 hacks, and the role security plays in helping Web3 achieve mainstream adoption. ...
Read More: Richard Ma, CEO of Quantstamp, on Blockchain...
Cypher Says Token Offering Part of Steps to Make Users Whole
25.8.2023
The Solana-based digital asset exchange announced on Aug. 23 that it is planning the “most fair” token launch in the history of Solana. According to Cypher, part of the funds raised via the initial decentralized offering will be used “to sustain protocol development, pay...
Ensuring integrity of blockchain transactions: Trust through audits
4.8.2023
Reliable auditing procedures are important for ensuring the integrity of blockchain networks
Worldcoin releases audit reports showing resolved security issues
29.7.2023
The proof of humanness protocol released security audit reports claiming that most issues were fixed or mitigated
Aave Launches GHO Stablecoin on Ethereum Network
17.7.2023
Aave, a prominent lending protocol within the decentralized finance (defi) sphere, has unveiled GHO, a new stablecoin, which is now live on the Ethereum network. Aave users can now mint the stablecoin asset by leveraging Aave version three (v3). Aave’s Dollar-Pegged GHO Token Goes Live...
Here’s what SOC 2 compliance audits mean for crypto projects
10.7.2023
While the audit demonstrates trust and transparency, Eric Lister from audit firm A-LIGN explained that it does not improve business systems
Coinbase's Base Prepares for Mainnet Launch With Slew of Security Audits
29.6.2023
The layer 2 blockchain pioneered by Nasdaq-listed crypto exchange Coinbase has detailed the security testing taken ahead of its public launch later this year
Crypto security audits and bug bounties are broken: Here’s how to fix them
6.4.2023
Are crypto auditing incentives designed to make the client happy rather than deliver bad news? What happens if you don’t pay out bug bounties?
US lawmakers reiterate concerns about 'sham' crypto firm audits to PCAOB
22.3.2023
Two U.S. senators cited the collapse of FTX when writing to the PCAOB chair Erica Williams in January, but now suggest improper auditing could have affected three banks as well