CertiK

𝐇𝐚𝐜𝐤𝟑𝐝: 𝐔𝐧𝐩𝐚𝐜𝐤𝐢𝐧𝐠 𝐭𝐡𝐞 𝐖𝐞𝐛𝟑 𝐒𝐞𝐜𝐮𝐫𝐢𝐭𝐲 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞 𝐟𝐨𝐫 𝐐𝟏 𝟐𝟎𝟐𝟒 In the first quarter of 2024, the Web3 ecosystem faced significant security challenges, with 223 reported incidents of hacks, scams, and exploits leading to a staggering loss of over $502 million. This alarming figure underscores the persistent vulnerabilities and the sophisticated nature of threats facing blockchain technologies today. Our latest comprehensive report on Web3 security, Hack3d Q1 2024, delves into these incidents in detail. Explore the full report and gain deeper insights into the state of Web3 security: https://lnkd.in/duAuBmVd

𝐉𝐨𝐢𝐧 𝐂𝐞𝐫𝐭𝐢𝐊 𝐕𝐞𝐧𝐭𝐮𝐫𝐞𝐬 𝐚𝐧𝐝 𝐬𝐩𝐨𝐧𝐬𝐨𝐫 𝐇𝐞𝐦𝐞𝐫𝐚 𝐢𝐧 𝐍𝐘𝐂 𝐟𝐨𝐫 𝐚𝐧 𝐞𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐬𝐢𝐝𝐞-𝐞𝐯𝐞𝐧𝐭 𝐝𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐒𝐭𝐚𝐧𝐟𝐨𝐫𝐝 𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧 𝐂𝐨𝐧𝐟𝐞𝐫𝐞𝐧𝐜𝐞! 📅 Date: Wednesday, August 7 🕒 Time: 14:30 - 19:00 GMT-4 📍 Location: New York, New York (Register to see address) This is a unique opportunity to network with industry leaders and engage in panels, debates, and keynotes focused on AI, security, and blockchain. Plus, enjoy delicious finger food and drinks! 🍢🍹 Don't miss out on this chance to connect, learn, and enjoy. RSVP below to secure your spot. RSVP: https://lu.ma/nuhvvtfv

Maintaining compliance in the blockchain sector requires constant vigilance amid evolving policies and emerging threats. SkyInsights transforms raw data into actionable insights, helping analysts and compliance teams effectively identify and report illicit activities. Discover how SkyInsights is setting the standard for transparency and security in our latest update:

We are excited to be part of Malaysia Blockchain Week. Our CSO, Dr. Kang Li, will join an esteemed panel to discuss the balance between innovation and risks in Web3. 𝐃𝐚𝐭𝐞: July 31st, 5pm-10pm 𝐕𝐞𝐧𝐮𝐞: Spillstone Coffee 𝐒𝐩𝐞𝐚𝐤𝐞𝐫 𝐋𝐢𝐧𝐞𝐮𝐩: Datuk Clifford, CEO of GamBit Group SJ Koay, CFO of Masverse Alex Tay, Securities Commission Malaysia Dr. Kang Li, CSO of CertiK Nicholas Chong, pitchIN Special thanks to our co-hosts: GamBit Malaysia, Masverse, pitchIN, and our partner, Malaysia Blockchain Week. Join us for an evening of insightful discussions with industry leaders. Don’t miss out. Secure your spot: https://lu.ma/zm3vrwfr

CertiK Supports New Stablecoin Regulations in Hong Kong!🏦 The Hong Kong Monetary Authority (HKMA) and Financial Services and Treasury Bureau (FSTB) have unveiled a proposed regulatory regime for stablecoin issuers, focusing on fiat-referenced stablecoins (FRS). We have actively participated in the consultation process, joining 108 submissions from various stakeholders. We support the key proposals, which include: Full Asset Backing: Stablecoins must be fully backed by high-quality, liquid assets at all times. Robust Management: Strict criteria for managing reserve assets to protect user confidence and financial stability. Transparency: Detailed disclosures and regular independent audits to ensure trust and accountability. The proposal has garnered broad support from various stakeholders, emphasizing the critical need for a well-regulated environment to foster sustainable innovation in the stablecoin ecosystem. The HKMA and FSTB will continue to engage with industry stakeholders to refine this framework, balancing innovation with the necessary safeguards to build a resilient financial ecosystem. Read more about the proposed regulatory regime here: https://lnkd.in/d_M_JeJi Let's work together to shape the future of finance with resilience and trust!

Stay compliant and efficient with SkyInsights!  Monitor transactions across 24 blockchains and 1.2 billion wallets in real-time. Automate workflows and reduce false positives. Discover the future of compliance now! 🔍 👉 https://lnkd.in/dzHGURG7

🚀 Somnia is excited to be part of #EthCC2024 in Brussels, Belgium! We are hosting, co-hosting, and participating in several key events. Here’s where you can catch us: 🗓️ Sunday, 7th July 🎤 Join us at Autoworld for the EthCC Hack Season by Mpost from 10 AM - 6 PM CET. Don’t miss our slot at 3 PM, where we’ll be co-hosting and speaking. 📍 Autoworld - Brussels, Belgium 👉 https://lnkd.in/dfm8HH9X 🗓️ Monday, 8th July 🍹 Start your evening with the Rooftop Hash Hour with Halborn at BOZAR from 7 PM - 9:30 PM CET. Co-hosted by #Somnia. 📍 BOZAR, Rue Ravenstein 23, 1000 Bruxelles, Belgium 👉 https://lu.ma/j5y6jhg2 🍻 Next, head over to Rue du Fossé aux Loups 50 for the H.E.R. CON Brussels 🇧🇪 Happy Hour from 8 PM - 10 PM CET. We’re proud to be sponsors of this event. 📍 Rue du Fossé aux Loups 50, 1000 Bruxelles, Belgium 👉 https://lu.ma/0cdm0e65 💬 Earlier in the afternoon, catch us at Silversquare Bailli for the 🇧🇪 BGA x Cryptosquare Connects Brussels Edition from 2:30 PM - 4:30 PM CET. Our speaker will be presenting key insights. 📍 Silversquare Bailli, Av. Louise 231, 1050 Bruxelles, Belgium 👉 https://lnkd.in/eYUGsRVd 🗓️ Tuesday, 9th July 🍹 Uniting Societies @ EthCC, Brussels - Join us for a Happy Hour hosted by #Somnia from 4:30 PM - 8:30 PM CET. 📍 Comet Meetings - Louise, Brussels, Belgium 👉 https://lu.ma/zqek83tt 🗓️ Wednesday, 10th July ☕️ Start your morning with an EthCC Coffee Meetup with Halborn from 10 AM - 12 PM CET. https://lu.ma/5yjxcult 🍳 Join us for the Builder’s Brunch at The Sneakers Cafe from 10:30 AM - 2 PM CET. Co-hosted with Safe, Mimic, Palmera, joined by Consensys, EigenLayer + more. 👉 https://lu.ma/bo2546ho 🍽️ Later, come to Beat Restaurant & Bar for a Lunch & Learn with CertiK, Somnia, and OKX from 12 PM - 3 PM CET. Co-hosted by Somnia. 📍 Beat Restaurant & Bar, Rue de l’Enseignement 1, 1000 Bruxelles, Belgium 👉 https://lu.ma/xra1rzz7 🍸 Stick around for the Apéro at the same location from 3 PM - 7 PM CET, again co-hosted by CertiK, Somnia, and OKX. 👉 https://lu.ma/m10gzsx3 🗓️ Thursday, 11th July 🎾 Join us for the #Web3 Padel Tournament - Clash of the Builders from 12 PM - 7 PM CET. Co-hosted by Somnia. 📍 Rue Edith Cavell 91, 1180 Uccle, Belgium 👉 https://lu.ma/weqef766 Looking forward to seeing you at #EthCC2024 in Brussels! Let’s connect, collaborate, and create amazing experiences together. 🚀

🚨 𝐇𝐚𝐜𝐤3𝐝: 𝐐2 + 𝐇1 2024 𝐑𝐞𝐩𝐨𝐫𝐭 𝐑𝐞𝐥𝐞𝐚𝐬𝐞 🚨 We are excited to share our comprehensive analysis of Web3 security incidents for the first half of 2024. 🔹 184 incidents in Q2 2024 resulted in a staggering $688,102,941 lost, marking a 37% increase from Q1 despite an 18% decrease in the number of incidents. 🔹 Total H1 2024 losses have now surpassed the billion-dollar mark, with $1,190,398,361 lost across 408 onchain security incidents. Notably, phishing has become the most costly attack vector, overtaking private key compromises. 🔹 Ethereum experienced the highest losses among all chains, with 235 incidents leading to $397,405,773 in value drained. 🔹 Encouragingly, $177,791,389 was returned across 18 incidents in H1 2024, reducing the adjusted total losses to $1,012,606,971. The average loss per incident stood at $2,932,729, with a median loss of $230,784. 📊 Explore the full report and gain insights into the state of Web3 security: Link to blogpost: https://lnkd.in/d5reDtXU Stay informed and safeguard your assets with our in-depth analysis and recommendations.

𝐇𝐚𝐜𝐤𝟑𝐝: 𝐔𝐧𝐩𝐚𝐜𝐤𝐢𝐧𝐠 𝐭𝐡𝐞 𝐖𝐞𝐛𝟑 𝐒𝐞𝐜𝐮𝐫𝐢𝐭𝐲 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞 𝐟𝐨𝐫 𝐐𝟏 𝟐𝟎𝟐𝟒 In the first quarter of 2024, the Web3 ecosystem faced significant security challenges, with 223 reported incidents of hacks, scams, and exploits leading to a staggering loss of over $502 million. This alarming figure underscores the persistent vulnerabilities and the sophisticated nature of threats facing blockchain technologies today. Our latest comprehensive report on Web3 security, Hack3d Q1 2024, delves into these incidents in detail. Explore the full report and gain deeper insights into the state of Web3 security: https://lnkd.in/duAuBmVd

🚨 𝐇𝐚𝐜𝐤3𝐝: 𝐐2 + 𝐇1 2024 𝐑𝐞𝐩𝐨𝐫𝐭 𝐑𝐞𝐥𝐞𝐚𝐬𝐞 🚨 We are excited to share our comprehensive analysis of Web3 security incidents for the first half of 2024. 🔹 184 incidents in Q2 2024 resulted in a staggering $688,102,941 lost, marking a 37% increase from Q1 despite an 18% decrease in the number of incidents. 🔹 Total H1 2024 losses have now surpassed the billion-dollar mark, with $1,190,398,361 lost across 408 onchain security incidents. Notably, phishing has become the most costly attack vector, overtaking private key compromises. 🔹 Ethereum experienced the highest losses among all chains, with 235 incidents leading to $397,405,773 in value drained. 🔹 Encouragingly, $177,791,389 was returned across 18 incidents in H1 2024, reducing the adjusted total losses to $1,012,606,971. The average loss per incident stood at $2,932,729, with a median loss of $230,784. 📊 Explore the full report and gain insights into the state of Web3 security: Link to blogpost: https://lnkd.in/d5reDtXU Stay informed and safeguard your assets with our in-depth analysis and recommendations.