Smart Contract Security

The $460,000 Exploit on Predy Finance Caused by Smart Contract Vulnerability

On May 14, 2024, the perpetual protocol “Predy Finance,” deployed on Arbitrum, suffered an exploit, resulting in approximately $460,000 being illicitly withdrawn from the pool funds. Predy Finance requested the return of the funds in exchange for a 10% bounty, but the perpetrator has not responded to negotiations, leading to a complete loss of the […]

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How to Avoid DeFi Hacks

Smart Contract Security / Trust Onyekwere

Blockchain has led to financial concepts like Decentralized Finance (DeFi). DeFi lets people do things like lending and borrowing money directly with each other, without needing a bank. This is great because it gives people more control over their money and makes financial services more accessible. However, there’s a catch. Just like any new technology,

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The Ultimate Smart Contract Checklist

Smart Contract Security / Trust Onyekwere

Disclaimer: This is not security advice. Always do your own research before making any security decisions. Building a smart contract is like constructing a complex machine: exciting, and innovative, but risky. Just like you wouldn’t launch a rocket without rigorous checks, your smart contract needs a thorough audit before interacting with real money or assets.

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3 Low-Cost Smart Contract Audit Tips Every Developer Should Know

Smart Contract Security / Trust Onyekwere

Disclaimer: This is not security advice. Always do your own research before making any security decisions. Are you building a smart contract? Security is critical, but professional audits can cost a big sum. Audit Firms can charge upwards of $10,000 for a 600-line code audit. And that’s not even considering additional fees if critical vulnerabilities

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