CertiK shares security tips following third BAYC security compromise in six m...
According to CertiK, investors should be highly skeptical of free NFT giveaways, as well as small peculiarities in sites they interact with. On June 4, the popular nonfungible token, or NFT, project Bored Ape Yacht Club (BAYC) suffered its third security compromise this year. Nearly 142 Ether (ETH) ($250,000) worth of NFTs was stolen after hackers gained access to the Discord account of a BAYC community manager and posted a message with a link to a fake website.The link advertised a limited-time free-NFT giveaway to users who connected their wallets, which were then drained of NFTs. During....
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A majority of the phishing attacks recorded have been conducted on social media platforms that do not have account verification features. As Web3 adoption goes further and more beginners enter the space, hackers are becoming more active, with more phishing attacks being recorded in the latest quarter of 2022 and social media being noted as a major platform of choice for conducting the hacks. In the quarterly report of security firm Certik, the team has found a 170% increase in phishing attacks in the second quarter of 2022. According to the security firm, 106 attacks were recorded in the....
The crypto space continues to build frameworks to supplement DeFi's rising star. Keeping pace with the rapidly developing decentralized finance niche within the crypto industry, major crypto exchange Binance has called on blockchain auditing company CertiK to beef up its platform's security. "The rapid innovation and experimentation of DeFi is what makes it so great, but speed should not compromise security," CertiK's chief operating officer, Daryl Hok, told Cointelegraph. "We're providing a way for early adopters to continue to reap the benefits without having to be the guinea pigs....
On June 4, 2022, the Bored Ape Yacht Club (BAYC) Discord server was compromised and a phishing scam targeted non-fungible token (NFT) collectors holding BAYC, Mutant Ape Yacht Club (MAYC), and Otherside NFTs. According to an analysis by the Web3 and blockchain auditing and security firm Certik, the BAYC Discord server attacker may have been involved in previous phishing attacks.
Blockchain Security Firm Certik Analyzes the BAYC Discord Phishing Attack
While many NFTs are very expensive, it makes them all the more worthwhile for malicious attackers to steal them. This week the....
Certik, a Web3 and blockchain auditing and security firm, has raised $88 million in its recent B3 funding round. The round, which was led by Tiger Global and included Goldman Sachs as an investor in the firm, gives the company a valuation of $2 billion. This doubles the valuation that Certik reached via its last funding round in November 2021.
Certik Reaches $2 Billion Valuation
Certik, a blockchain auditing firm, has closed its Series B3 financing round with a significant increase in investments. The company raised $88 million, with Tiger Global, Insight Partners, and Advent....
An automated tool can help pick the low-hanging fruit vulnerabilities. Security company CertiK announced on Thursday the launch of QuickScan, an automated tool for scanning smart contracts for vulnerabilities.While it will not be a stand-alone tool, the suite is set to improve the analysis performed by the security oracles of CertiK Chain (CTK). QuickScan checks deployed smart contracts against a database of known vulnerabilities, using static and dynamic analysis techniques that check the bytecode, source code and access parameters for each smart contract.Daryl Hok, chief operating....