DeFi smart contracts audit

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 Latest DeFi Trends underline needs for security audits

How the Latest DeFi Trends in 2021 Underline the Need for Audit

Read Time: 5 minutes When it comes to DeFi, the year 2021 has been a continuation of the last year. DeFi apps and platforms have given a fillip to the prevalent financial system. DeFi graph didn’t take a dip for much of the previous year even while the pandemic was setting in. In February 2021, the TVL (Total Volumes …

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Top FAQs on Binance Smart Chain

Top 5 Burning FAQs on Binance Smart Chain Auditing

Read Time: 6 minutes Peter Drucker once quoted, “Innovate or Die!” This gave birth to Binance Chain and ultimately Binance Smart Chain. Binance chain, due to its dual-chain architecture, has successfully pulled the attention of the masses. It has also grabbed the attention of attackers resulting in various hacks and exploits in the recent past. While the concept of …

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Best DeFi Coding Practices

What are the best DeFi Coding Practices?

Read Time: 6 minutes Imagine a completely automated platform that promises to make payments immensely accessible to anyone around the world, irrespective of geographical restrictions. Decentralized Finance takes this promise a step ahead. With just a smartphone and an Internet connection, you can perform any financial activity using DeFi with more efficiency and security than the conventional methods.  The …

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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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What is the right time for DeFi smart contracts audit?

Read Time: 4 minutes Smart contracts are the very heart of the DeFi ecosystem but even beyond DeFi, their appropriateness in a Blockchain-based application has no bounds. If your DeFi smart contracts are vulnerable, so is your application. These are the prewritten lines of code representing pre-approved terms and conditions that are executed automatically on the Blockchain network when …

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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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