On 30 April 2022, Fei Protocol announced that they were aware of and looking into an exploit on various Rari Fuse pools, that turned out to be a common re-entrancy attack.

A bridge exploit occurred on Harmony’s Horizon bridge amounting to the loss of approximately $97M.

The CertiK Emblem comes following the launch of a new badge system designed to highlight projects that implement additional security measures beyond a Security Audit.

On May 7th 2022, in one of the biggest upsets in crypto history, the Luna/Terra ecosystem came crashing down. This article will take you through what happened in the Luna/Terra crash, the lessons to be learned from it, and what users and web3 projects can do to help better protect themselves from the fallout of such upheavals going forward.

In total, ~$1.5m was removed from the Pragma Treasury and the Risk Free Value wallet by core members of the team before sending it to a Binance hot wallet on FTM.

WCEF 2022: Blockchain Security Insights and Best Practices Monier Jalal, VP of Marketing at CertiK, discusses: -Highlights of the most impactful hacks in 2022 -Overview of common vulnerabilities -Development best practices

On Apr-02-2022 11:04:09 AM +UTC, Inverse Finance, which enables users to borrow assets against their tokens, was exploited, leading to ~$14.5M worth of asset loss.

On Tuesday, June 21st, 2022, the LV Metaverse (LV PLUS) was rugpulled, causing a loss of around $1.5M USD.

On 20 June, Whale Finance experienced two separate exploits on the project's stablecoin AMM contracts which has led to ~$12k in losses.

Introducing the Skynet Trust Score The Skynet Trust Score is an updated version of the Security Score that users are currently familiar with on CertiK's Security Leaderboard. Check out our new video and blog explaining it: https://certik.com/resources/blog/6QngchVV4Yuzt2P3uputor-introducing-the-skynet-trust-score

On 16 June 2022 a threat actor exploited Inverse Finance with a flash loan attack which netted them to ~53 bitcoin or $1.1 million, and ~10,000 tether (USDT).

Here are 5 simple indicators for determining whether a KYC certificate is fake or unreliable

Announcing Revelation, a global hackathon by BNB Chain; a 50-day event packed with online workshops, in-person meetups, and $10 million in prizes and seed funding for the best competing teams. This event also kicks off BNB Long-term Grants and BNB GrantDAO, a long-term community grant initiative supporting multi-chain innovation. The dawn of MetaFi and Web3 is upon us, and the BNB Chain community is venturing into a new frontier.

Understanding web3 security can be confusing for newcomers. On the one hand, the practices of decentralization that web3 is built on making it fundamentally more secure that its web2 predecessors.

Check out the Speaker Session from #DCentralCon in Austin, TX with CertiK's Co-Founder & CEO, Ronghui Gu. Watch & listen as he discusses Securing the Web3 World.

CertiK is excited to announce the release of a new Skynet Trust Score, Cohort Analysis Panel, and Highlights and Alerts section!

In web3 security, a vulnerability refers to anything that can be leveraged by a hacker to exploit the protocol. This post will take you through some of the most common vulnerabilities that occur in blockchain, and the steps that projects and users can take to avoid them.

On June 7, 2022 Osmosis suffered a funds loss of around $5M due to a code pitfall in function `MaximalExactRatioJoin`

On June 8, 2022 ApolloX token (APX) dropped by 52.12% resulting from a hack and loss of ~$1.5M

GYM Network deployed a new function to their smart contract, on June 08 2022, GYM Network was exploited.

The May Stats Graphic shows datas of hacks in May, 2022.

The April Stats Graphic shows datas of hacks in April, 2022.

In total, 32 NFTs were stolen from a variety of projects which included 2 MAYC, 1 BAYC, 1 BAKC and 5 Otherdeed.

A new CertiK series giving users bite-size tips and info to stay informed and safe in the #crypto space. Episode 11: What is Centralization vs Decentralization vs Distributed Networks? Learn more in under 2 mins! https://www.certik.com/products/pentest Transcript: Centralization, decentralization, and distributed networks are three different systems used for storing data. Centralization has been the status quo for web technology, making websites easy to use. A centralized network processes and stores data on a specific server. They allow engineers to roll out updates and fixes to the host server. Centralized networks often hire security firms to do penetration testing, which simulates a network attack. With centralization, if a server suffers downtime the entire network grinds to a halt. Decentralization offers more security and helps mitigate attacks. A decentralized network operates across many different nodes. Each node holds the entire database and verifies its version against each other to achieve consensus. A decentralized network requires more effort to update, has a greater environmental impact through its energy consumption. A distributed network operates like a decentralized system but may not require each node to host all of its data independently. Increased transparency is a key feature with each node having equal access to the data. This also makes it difficult to change information in the network. Smart contract auditing has risen from new types of attacks on decentralized and distributed networks. Whether it be Penetration Testing or Smart Contract Auditing choosing the right technology will ensure greater success. To learn more about centralization, decentralization, and distributed networks, visit CertiK.com/resources.