Smart Contract Auditing

Oh, Kokomo Finance? Just another day in the world of cryptocurrency, I suppose. On March 26, 2023, Kokomo Finance executed an exit scam (Rug Pull) and took $4 million of user funds. They immediately deleted both their website and all of their social media profiles following the scam. Vulnerability Analysis & Impact: On-chain Details: Deployer Address…

Overview On March 28, 2023, an incident happened on the Safemoon token pair, allowing an attacker to burn the majority of tokens due to an improper access control vulnerability and gain $8.9 million. This vulnerability was getting detected in our tool SolidityScan. Signup for a free trial at https://solidityscan.com/signup. Smart Contract…

I do feel a bit like in that picture, to be honest. These past days I have started doing my first audit in code4rena and together with the Smart Contract Hacking course and my full time job it’s quite a lot to handle. As I described in my Twitter a…

We’ll tell you how decentralised smart contract audits work and explain why they will become an integral part of web3 security, complementing traditional audits. — Smart contract security is crucial and should not be compromised. Recent exploits painfully disclosed the consequences of neglected security measures and lifted demand for smart contract audits onto another level. While traditional audit firms still dominate the market, the concept of ‘decentralized smart contract audits’ has caught up quickly in…

Smart contracts are an innovative technology that has revolutionized the way we conduct transactions. These contracts are self-executing and can be programmed to perform specific actions when certain conditions are met. However, like any technology, smart contracts are not immune to vulnerabilities. Race conditions and front running vulnerabilities are two…

Contracts are a crucial aspect of any business transaction, as they establish the legal framework for operations and outline the terms and conditions that all parties involved must comply with. However, as contracts become increasingly complex, disputes often arise over interpretation and compliance. Additionally, contracts are subject to changes in…

Smart contracts are digital contracts that run on blockchain networks and can execute automatically when certain conditions are met. They are used in a variety of industries like finance, real estate, and supply chain management. However, smart contracts can also be vulnerable to attacks, which can result in significant financial…

Summary: On March 13th, 2023, a flash loan attack was launched against Euler Finance, a DeFi lending protocol on the Ethereum chain. The attack was made possible by a flaw in token’s donateToReserves function. The hackers were able to steal nearly $197 million from the protocol, making it the largest hack…

Smart contracts are self-executing programs that can automate the exchange of assets between parties without the need for intermediaries. In this blog post, we will provide an introduction to smart contracts and demonstrate their functionality with a simple example program written in Solidity, a popular programming language for creating smart…