DeFi security audits

Can smart contract audits help preempt rug pulls in the DeFi space

Can Smart Contract Audits Help Preempt Rug Pulls in the DeFi Space?

Read Time: 5 minutes Decentralized Finance, aka DeFi, can give some great returns. However, there is a possibility of disastrous situations where investors could end up with big losses. In DeFi lingo, these situations are described as rug-pulls. The issue has been widespread in DeFi projects, and not even the whales have escaped unscathed. Any incident of rug-pull not …

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Why DeFi smart contract auditing is important for DeFi projects

What makes DeFi Smart Contract Auditing so Pivotal

Read Time: 5 minutes DeFi had been the flagbearer of the crypto boom in 2020 and the heat refused to die down through 2021 as well. With more and more people flushing their funds into yield farming, DeFi continues to be in the long run. You might be knowing many who multiplied their earnings with DeFi. It hasn’t been …

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Use cases of smart contracts in DeFi

Top 7 Use Cases of Smart Contracts in DeFi

Read Time: 6 minutes From a similitude of an ICO craze, DeFi has grown to over $200 billion, according to DeFi Llama statistics. It expands to various use cases from collateralized lending and savings, including flash loans, derivatives, stable coins, etc. Smart contracts demystified why DeFi can automate and execute transactions within users in a decentralized manner. It is …

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Most Infamous Hacks in DeFi History & Need of Audit

3 Infamous Hacks in DeFi History and how they relate to Audits

Read Time: 5 minutes DeFi has been a dynamic component of the cryptocurrency industry with approx $80 billion in assets locked into protocols in March 2021. As the saying goes, however, problems accumulate where the money is. Projects in DeFi have been forgery and scams, and the loose bolt in such activities have been badly constructed smart contracts. This …

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What not to Forget when Auditing Smart Contracts in DeFi

What not to Forget when Auditing smart contracts in DeFi

Read Time: 5 minutes The success of every DeFi protocol is closely related to how well audited it is. A simple developer oversight is enough to sink a project. The need for smart contract audits can not be overemphasized. But what exactly is a smart contract audit? “A smart contract audit is an extensive, methodical examination and analysis of …

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How to Audit Ethereum smart contract

How Properly Auditing an Ethereum Smart Contract can Save you Millions?

Read Time: 6 minutes A “smart contract” is a set of instructions that run on Ethereum Blockchain. To audit, an ethereum smart contract means to ensure that it is secure from potential threats and common vulnerabilities.  While in the present scenario, the hacks, and exploits related to smart contracts are at an all-time high, it’s a storm to be …

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Demerits of Copy-paste in DeFi

Why Copy-paste in DeFis are Scarier than Clowns?

Read Time: 7 minutes We have been making copy-paste jokes for years. Remember all the memes of CTRL + C and CTRL + V? Well, they have come to haunt us because we have been using them for the wrong purpose.  Specific to the IT industry, copying and pasting are an old and common form of reusing software. Most …

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DeFi smart contracts audit

Why should you get your defi smart contracts audited?

Read Time: 6 minutes Smart contracts are computer protocols that digitally facilitate the verification, control or execution of an agreement. For Decentralised Finance or DeFi, smart contracts play a crucial role. However, they are also one of the most vulnerable parts of the DeFi ecosystem. This blog will discuss the importance of DeFi smart contract audit. The hacks that …

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