Whilst cryptocurrency can be an exciting and rewarding investment, it is vital to have an understanding of web3 security and the measures needed to protect yourself and your fund.
Transparency and Accountability. CertiK KYC provides identity verification for project teams- to help investors make shrewder decisions based on an awareness of web3 security.
Smart Contract Audits. Check out the CertiK Security Leaderboard, which rates and ranks all onboarded projects in terms of their security.
Authentication Methods. In securing your accounts you should set up 2 Factor authentication so that a hacker would need to have both your password and the device to be able to access your account.
Hot and Cold Wallets. People will hold some of their funds on a cold wallet for security, and some on a hot wallet to allow for a smoother flow of funds.
Today #CertiK celebrates 5 years 🎂
Since 12/21/18 from a team size of 7 to today with a team size of nearly 300 We've audited over 3700+ projects & protected $360B of assets 🔐
Join us on this journey 👇 and the many more to come as we continue to Secure the #Web3 World!
Thank you all for your wonderful support over these past 5 years. We will continue to do our best to help each and everyone one of you in your crytpo, defi, and web3 journey. Together lets Secure the Web3 World.
FBI Warns the Rise of Cyber Hacks on DeFi | Bite Size Blockchain
The FBI issued a Public Service Announcement regarding the rise of cyber hacks on DeFi platforms. Don't trust, verify.
The FBI issued a Public Service Announcement regarding the rise of cyber hacks on DeFi platforms.
The crypto community has recently witnessed a ramp-up in authorities’ regulatory and law enforcement efforts in order to go after Web3 hackers and scammers.
authorities are also encouraging investors to take preventative measures to avoid losing money to Web3 hacks
CertiK recommends to verify projects’ audits and evaluations directly on the CertiK’s Security Leaderboard.