New Security in 60 Seconds episode Give us 1 minute, we'll give you the findings. Check out the review of KAVA's audit report on CertiK's Security Leaderboard. https://certik.com/projects/kava Auditing is a complicated and essential step in the security process. At Certik, we review the top DeFi projects to help you better understand the findings from our experts. Kava is a lightning-fast Layer-1 blockchain that combines the Ethereum and Cosmos ecosystems into a single, scalable, network. This audit covers the Kava Swap Module on the CosmosSDK platform. The project summary describes the audit and the types of analyses used. Overview shows the programming language, the blockchain used, and a link to the project's codebase. The Vulnerability Summary lists issues that need resolution. The Audit Scope displays which contracts were audited. Findings highlight all issues and ranks them in terms of severity from critical to discussion. In this audit, we found 0 Critical, 0 Major, 0 Medium, 3 Minor, and 4 Informational issues. The Kava team has acknowledged all of the issues. Visit CertiK.com for the full report.

New Security in 60 Seconds episode Give us 1 minute, we'll give you the findings. Check out the review of CEEK's audit report on CertiK's Security Leaderboard. https://certik.com/projects/ceek Transcript: Auditing is a complicated and essential step in the security process. At Certik, we review the top DeFi projects to help you better understand the findings from our experts. Ceek, is an award-winning developer of premium social virtual, and augmented reality experiences. This audit covers the CEEK token on the Binance Smart Chain platform. The project summary describes the audit and the types of analyses used. Overview shows the programming language, the blockchain used, and a link to the project's codebase. The Vulnerability Summary lists issues that need resolution. The Audit Scope displays which contracts were audited. Findings highlight all issues and ranks them in terms of severity from critical to discussion. In this audit, we found 0 Critical, 0 Major, 0 Medium, 1 Minor, and 2 Informational issues. The Ceek team has acknowledged the Minor issue. Visit CertiK.com for the full report.

Trying to get your head around the difference between ‘mintable tokens’ and ‘mineable tokens’ can be a complicated affair, primarily because there is a lot of slippage in the terminology between the two. The difference is that to mint new tokens through mining requires a lot more time, resources and effort.

The debate between the importance of maintaining pseudonymity and anonymity or implementing regulation is still very much ongoing, and whilst it can be heated at times, it is a necessary conversation if cryptocurrencies are to reach widespread adoption.

We are pleased to announce an additional $60 million USD investment from SoftBank Vision Fund 2 and Tiger Global, bringing the total amount invested to $290 million.

The systematic set up of decentralized apps unfortunately leaves them susceptible to hackers in some situations. As more businesses migrate to dApps and other cloud-based structures, it is important to keep safety and security in mind. Even as technology changes, cybercriminals will look for ways to infiltrate it.

Just three months after our last funding round where we announced we were nearly a $1 Billion company, here we are again, announcing that now we are a $2 Billion company. We are excited to bring on a new set of investors, as well as receive continued funding support from existing ones.

One of the defining features of a cryptocurrency is that its ledger, containing all transactions that have ever taken place, is globally visible. However Tornado Cash believes a fundamental principle is that privacy is a human right, and the more everyone adopts privacy measures, the more secure it is for all of us.

Give us 1 minute, we'll give you the findings. Check out the review of 1inch Network's audit report on CertiK's Security Leaderboard to learn more.

Give us 1 minute, we'll give you the findings. Check out the review of BabyDoge's audit report on CertiK's Security Leaderboard to learn more.

Give us 1 minute, we'll give you the findings. Check out the review of Lunar's audit report on CertiK's Security Leaderboard to learn more.

Give us 1 minute, we'll give you the findings. Check out the review of VCGamers's audit report on CertiK's Security Leaderboard to learn more.

With an influx of new users and the DeFi boom, crypto scams were more prominent than ever. There are a few things that users can do to protect themselves from these crypto scams, but first we need to know what types of crypto scams there are and what to look out for.

DeFi security goes far beyond smart contract audits. On-chain monitoring provides crypto traders with a fascinating tool to delve into the real-time insights of a blockchain network. This gives the opportunity to capitalize on the advantages offered by a more data-abundant and transparent crypto market.

Despite being designed to be tamper-proof, democratic, and immutable, blockchain technology is not immune to cyberattacks. In this post, let’s take a look at one of the most prominent cyberattacks that affect blockchain technology today: replay attacks. ⁠

Blockchain security is one of the biggest hurdles to mass adoption and is one of the biggest worries for outsiders not involved in the space. To really understand blockchain security, the risks, and ways to minimize the risk, we must first truly understand what blockchain is.

Blockchain analysis is the process of inspecting, cataloging, and interpreting the data that blockchains produce in order to gain actionable insights. It can also help you take control of your own personal security, by displaying exactly how much traceable information every transaction creates. As more and more value shifts onto public blockchains, it’s worth remembering that all activity is out in the open, viewable by anyone and everyone.

The growth of new blockchains has created additional complexity and risk in the crypto ecosystem. Cross-chain bridges are new attack vectors with inherent security limits that users and project teams should be aware of. In 2022 alone, three major attacks have already occurred on cross-chain bridges. Some key lessons learned from these attacks:

Centralization risk at its core is a single point of failure within a DeFi protocol. Smart contracts with centralized ownership are riskier than contracts with a timelock or multi-signature key ownership. In smart contract audits, this is the most common major issue pointed out by the CertiK security experts

The total TVL (Total Value Locked) in DeFi protocols reached over $75B in 2021. With these kinds of numbers, the importance of DeFi security is clear. There are numerous measures in place to help combat these hacks and exploits

Flash Loans are a new invention in the DeFi space that was first introduced to the blockchain space by Ethereum based lending protocol AAVE in January of 2020. A flash loan is an uncollateralized extremely short-term loan. The loans are borrowed and repaid in the same transaction run by a smart contract. AAVE among others understands the importance of smart contract audits as it pertains to their DeFi protocols. However, smart contract audits are not a perfect solution as there can be vulnerabilities not in the code but in the design of a protocol. Let’s take a look at how flash loans exposed one such type of vulnerability, but first, we need to better understand flash loans.

As the leader in the crypto security space, CertiK’s focus has always been to secure the cyber world and to protect crypto projects and users. CertiK KYC is designed to deanonymize project teams and create greater accountability through a rigorous vetting process.

KYC or Know Your Customer (sometimes Know Your Client) refers to a set of rules and obligations that financial institutions must adhere to in jurisdictions like the USA, EU, Australia, and many more. These measures are put in place to help fight money laundering and other financial crimes.

Liquidity pools enable users to buy and sell crypto on decentralized exchanges and other DeFi platforms without the need for centralized market makers. They play a crucial role in driving the feasibility of the existing DeFi technology stack.