Xamer Web3 Security’s Post

🚀Ensure the #security of your Avalanche #smartcontracts with a thorough #audit🔒. Identify potential vulnerabilities and fix them 🔍early for a safer, more reliable #blockchain experience ✨#avalanche

🔒 Secure Your Ethereum Contracts with Xamer! Our expert auditors ensure your smart contracts are #secure and efficient. 🚀 We identify vulnerabilities and provide improvement recommendations to safeguard your #blockchain project.🛡️ #ethereum #audit #security #smartcontracts

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

A total of $502,522,934 was lost across 223 onchain security incidents in Q1 2024. This represents a 54% increase in value lost compared to Q1 of 2023’s total of $326 million, though a minor 3.8% decrease from Q4’s losses of $522 million. January was the most costly month of the quarter, with $193,132,537 lost in 78 onchain security incidents. Private key compromises were once again the most costly attack vector, with $239,037,879 lost in just 26 incidents. This again represents nearly half of all financial losses, though key compromises accounted for just 11.7% of all security incidents. Ethereum experienced the highest number of security incidents, with a total of 131 hacks, scams, and exploits leading to $139 million in losses. $77,970,073 of value was ultimately returned, with the majority of this figure coming from the Munchables incident. Hack3d investigates the ongoing prevalence of private key compromises, as well as Solidity rounding error exploits, the unprecedented inflows to the recently-approved Bitcoin ETFs, major financial institutions’ forays into onchain finance, and the effects of Ethereum’s successful Dencun upgrade on scaling L2s.

Secure your online presence with the strength of blockchain security! 🔏 𝐒𝐓𝐑 𝐃𝐨𝐦𝐚𝐢𝐧𝐬 utilizes robust encryption and decentralized architecture to safeguard your domain data from hacking and manipulation. Rest easy knowing that your digital assets are protected with STR Domains. 💥 👉 https://www.str.domains #strdomains #BlockchainSecurity #SecureOnlinePresence

Coming from a finance background, I've always been interested in how decentralized finance and blockchains enable faster and more transparent transactions. This course allowed me to look at blockchains from a different backend perspective. This course helped me understand: →How Proof of Work and Proof of Stake consensus algorithms can be attacked on these platforms. →Smart contract security and the common programming vulnerabilities they may face. →How public key cryptography and hashing work together to ensure the immutability of transactions. I am happy I got to learn more about the security issues and threats on blockchain and Ethereum platforms. Thank you CyberSafe Foundation and Confidence Staveley for growing my knowledge again! #cybersecurity #blockchainsecurity #blockchain

⚠ ⚡ 𝐄𝐑𝐂-2335 is an Ethereum Improvement Proposal (𝐄𝐈𝐏) that standardizes private key and secret storage and ingestion. A 𝐤𝐞𝐲𝐬𝐭𝐨𝐫𝐞 is a repository for sensitive 𝐜𝐫𝐲𝐩𝐭𝐨𝐠𝐫𝐚𝐩𝐡𝐢𝐜 data, such as private keys and certificates, and helps to secure device communication and authentication. A keystore file (sometimes called a UTC file) in Ethereum is an encrypted version of your private key. They are generated using your private key and a password that you use to encrypt it. #blockchain #web3 #web3security #blockchainsecurity #blockchaindevelopement #solidity #foundry #cybersecurity #blockchainjobs #web3jobs #smartcontract #smartcontractauditing

Smart contracts extend the functionality of the blockchain by allowing programs to run on top of the distributed ledger. However, as smart contracts become more common and powerful, vulnerabilities in these contracts have far-reaching implications. Enroll in this course to learn about common smart contract vulnerabilities and how to identify and remediate them: https://bit.ly/3VVQql4 #security

GM, anon! Olympix is here to protect your smart contracts so that you can develop the next big project in crypto. What are you waiting for? 😎 https://lnkd.in/gYsUPpeN #DeFi #SmartContracts #Security #Web3 #Blockchain #Ethereum #Crypto #Cryptosecurity #bugbounty #web3security #DeFisecurity #smartcontracts #cybersecurity #penetrationtesting #smartcontractsecurity #Olympix