CertiK – Page 5 – DIGIT INFO

Security firms seek to make it more difficult for scammers to get away with DeFi project hacks

While projects cannot wholly prevent bad actors from infiltrating the DeFi realm, security specialists say there are ways to deter such practices.

Go to Source

Jump Crypto Replaces $320 Million in Ethereum Taken From Wormhole Exploit

On February 2, 2022, the Wormhole Network’s ethereum ↔ solana bridge was exploited for 120,000 WETH (wrapped ethereum) worth $320 million and the following day, the team explained that “all funds have been restored and Wormhole is back up.” The team has also said a “detailed incident report” will be published soon. Wormhole Network Returns, […]

Go to Source

Wormhole Network’s Cross-Chain Bridge Exploited for Over $250 Million in Ethereum

Reports indicate that the Wormhole Network’s ethereum ↔ solana bi-directional bridge has been exploited by an attacker for 93,750 ether or more than $250 million using today’s ethereum exchange rates. The developers behind the Wormhole Network have told the public the network is “down for maintenance,” as the team “looks into a potential exploit.” Wormhole […]

Go to Source

CertiK’s identification of Crypto Cars as ‘rug pull’ was a false alarm

A temporary website outage of the project’s main site, among other factors, led to the error.

Go to Source

Hacker Siphons $80 Million From Qubit Cross-Chain Bridge, Largest Defi Exploit of 2022 to Date

Findings stemming from a recent report published by the security-focused blockchain firm Certik indicate that the Binance smart chain ↔ Ethereum bridge called Qubit has been hacked for $80 million. Data shows on January 27, 2022, an attacker siphoned a number of tokens from an exploit on Qubit Finance’s bridge and Certik says the hack […]

Go to Source

Auditing Firms Claim Crypto.com Lost $15 Million in Incident as Users Report Suspicious Activity

Crypto.com, a leading cryptocurrency exchange, experienced an incident on January 17 when some of its users reported strange activity in their accounts. The exchange acknowledged the event, and conducted an investigation immediately after, declaring that all funds were safe. However, reports from security and blockchain auditing firms Certik and Peckshield indicate that some funds were […]

Go to Source

CertiK deploys automated smart contract auditing tool

An automated tool can help pick the low-hanging fruit vulnerabilities.

Go to Source

CertiK dissects the Axion Network incident and subsequent price crash

Auditors see foul play in the deployment of the smart contract, resulting in a classic scam.

Go to Source

CertiK releases blockchain with real-time smart contract auditing

The security company wants to build a formally secure blockchain for DeFi

Go to Source

UP Alliance Members to Lock Mega-Utility Tokens for a Year

UP Alliance Members to Lock Mega-Utility Tokens for a Year Universal Protocol Token is a mega-utility token offering attractive interest rates when lending and borrowing, lower exchange fees, cashback and discounts on trading. The large holders of UPT in the UP Alliance have gotten together and committed to lock their tokens and not sell any UPT for at least a year. Also Read: Mega-Utility Token […]

The post UP Alliance Members to Lock Mega-Utility Tokens for a Year appeared first on Bitcoin News.

Go to Source