From Meme to Marvel: Discover Floki's journey to excellence with CertiK! From an Elon Musk tweet to new benchmarks in blockchain security, thanks to a rigorous audit. Boasting a 91.93 Skynet score & 93.20 resilience. Watch how #Certik & #Floki elevate standards together.🎥

This week on Security in 60 Seconds, we delve into the latest security threats and vulnerabilities in the digital landscape. CertiK has reported ten incidents over the past week, resulting in a staggering $5.4 million in losses, with the majority attributed to a significant ice phishing incident. The episode also highlights concerning phishing attempts impersonating Stretto, the claims agent for the Celsius bankruptcy proceedings, which managed to circumvent sender policy framework checks. Additionally, we explore the repercussions of a social engineering attack on Balancer's DNS service provider, leading to a loss of $238,000, and discuss the potential of decentralized blockchain-based DNS as a solution. To cap it off, we uncover a new cloud-native cryptojacking operation targeting Amazon Web Services offerings. Stay informed and secure by tuning in to our weekly updates and following us on social media for the latest in Web3 security.

Join us on a journey into the dynamic realm of Web3 projects, where security is paramount. 🚀 Learn how to safeguard your venture against insider threats as we delve into the importance of team vetting. According to a Harvard report, a staggering 60% of new ventures fail due to team-related issues. Discover invaluable tips on comprehensive vetting, respecting privacy, open-source research, and security interviews. 🔒 When it comes to privacy, Web3 developers hold it dear, and that's where third-party security auditors shine. 🛡️ Dive into the ever-evolving Web3 world with us and remember, trust is earned, not assumed. Stay vigilant and subscribe for more insights.