CertiK

????????????: ?????????????????? ?????? ???????? ???????????????? ?????????????????? ?????? ???? ???????? 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

????????????'?? ?????? ?????????????????? ??????3 ?????????????????????? ???? ?????????? ???? 89.3 Professor Ronghui Gu, Co-Founder and CEO of CertiK, recently joined Lynlee Foo on MONEY FM 89.3 to share his insights on the evolving role of Web3 in the financial sector. The discussion covered how DeFi is enhancing financial accessibility and transparency, the integration of AI and blockchain to provide secure and personalized financial services, and the need for robust regulatory frameworks to address emerging security challenges. As Singapore positions itself as a global leader in blockchain adoption, this dialogue highlights the critical opportunities and challenges that lie ahead. Listen to the full interview here: https://lnkd.in/dMKNVEU2

We’re proud to have our Co-Founder and CEO, Ronghui Gu, deliver a powerful keynote at the Singapore FinTech Festival, sharing insights on the evolving landscape of blockchain security. CertiK was founded in 2018 with a clear vision: to bring provable security to blockchain. From humble beginnings—assembling IKEA furniture in a Manhattan apartment—to partnering with over 4,700 clients globally, our journey has been remarkable. However, as the blockchain space grows, so do the risks. Last year’s Merlin incident was a pivotal moment, highlighting how insider threats can bypass even the most rigorous audits. A letter from the UN revealed the exploit was tied to a malicious insider linked to North Korea, showing that technical solutions alone aren’t enough. In response, we’ve strengthened our processes with real-time monitoring and robust KYC checks, reaffirming our commitment to transparency by openly sharing audit reports and KYC findings. Blockchain has the power to unlock immense potential, but building a secure and trustworthy environment is key to onboarding the next billion users. At CertiK, we believe that security is a shared responsibility, and together, we can ensure Web3 thrives as a safe and inclusive space for all.

Did you know that desktop wallets, while essential for managing digital assets in the Web3 ecosystem, come with significant security risks? Our latest report highlights several vulnerabilities, including: - Malware attacks: Desktop wallets are often connected to the internet, making them susceptible to malicious software that can compromise private keys. - Weak password protection: Many wallets lack robust encryption methods, leaving users vulnerable to brute-force attacks and data theft. - Supply chain risks: Even wallets downloaded from official sites may include compromised files if proper Hash verification isn’t performed. The report also provides actionable tips for safeguarding your assets, such as using multi-party computation (MPC) or hardware wallets for enhanced security. As Web3 adoption grows, securing your digital assets has never been more critical. Dive into our full analysis and learn how to protect yourself in this evolving landscape: https://lnkd.in/dbfVvpTV

A third acknowledgment from Samsung: CertiK’s Skyfall team has once again proven its expertise! We're proud to share that Samsung has credited our team for identifying and disclosing a high-severity vulnerability in its Blockchain Keystore (CVE-2024-49406). The Keystore, crucial for securely storing private keys on mobile devices, faced an issue where improper validation could have allowed root-level attackers to tamper with transactions. ?? Why this matters: Blockchain Keystore's security is paramount for crypto users. A flaw in its integrity poses significant risks to private key management and transaction security. ??? With the release of version 1.3.16, Samsung has patched this vulnerability, reinforcing its commitment to user safety. This update is an essential step toward protecting the blockchain community from potential threats. ?? Stay informed: For detailed security updates from Samsung, check : https://lnkd.in/dzksXKMS

We are proud to announce that our Co-Founder and CEO,?Prof. Ronghui Gu, will be speaking at the?Singapore FinTech Festival’s Founders Peak?on November 7-8! ?? Prof. Gu will share invaluable insights from his journey as a founder, focusing on building and scaling businesses in today’s evolving digital economy. Join us as he speaks alongside industry leaders such as?@Navin Suri?and?@Sagari White, contributing to discussions that will shape the future of fintech and Web3. We’re excited to support this important conversation at the?#SFF2024?and look forward to seeing you there! ?? The Founders Peak ??

We’re thrilled to announce that CertiK is an official sponsor of?Permissionless III, the premier event for blockchain, AI, and crypto innovators! Join us in????????? ???????? ????????, ?????????????? ??-????, ????????, where thought leaders, developers, and investors will come together to shape the future of blockchain. ???????? ???? ????????????: Insightful panels on blockchain and AI trends Networking with top industry leaders Hands-on workshops to boost your skills ?? Don’t miss out!?Get your tickets here: https://lnkd.in/d4Y79nsN

?? CertiK Hack3D Q3 2024 Web3 Security Report is Out! ?? In Q3 2024, $753M was lost across 155 security incidents, marking a 9.5% increase in value lost compared to Q2. Phishing and private key compromises remain the most costly attack vectors. Key Highlights: $343M lost due to phishing attacks $324M lost from private key compromises Ethereum was the most affected chain, losing $387M across 86 incidents ??? Web3 security is more critical than ever as the number of incidents decreases, but their severity continues to rise. Learn how to safeguard your assets by reading the full report here: https://lnkd.in/dsEv_KVH

We are pleased to announce the upcoming release of the????? ???????? ???????????? ????????????, which will be available tomorrow,??????????????? ??, ????????, ???? ???? ???? ????. This report provides comprehensive analyses of Web3 security incidents, key insights, and the latest data on the evolving landscape of blockchain security. Explore our preview!????

Jason Jiang takes the stage at Blockchain Life 2024 in Dubai The CBO at CertiK shares his insights in just 1 month. Over 10,000 attendees from 120+ countries join the Crypto Event of the Year. ?? Buy tickets: https://lnkd.in/dscPe8hc