MetaTrust, a leading provider of innovative solutions in the AI+Crypto market, has made significant strides in the field of automated verification for smart contract fairness.
On Jan-03-2024 UTC+8:00, the Radiant protocol on Arbitrum was under the flashloan attack. The hacker attacked the #Radiant protocol 3 times, resulting in a total loss of 1.9K $ETH(worth $4.5m).
We evaluate and compare seven free or open-source Static Application Security Testing (SAST) tools for Java. The post highlights the importance of SAST tools in detecting security vulnerabilities in software development and provides insights into improving the detection capabilities of these tools.
The study analyzed 20,000 Rust packages and their dependencies to understand vulnerability propagation in the Cargo package ecosystem. Accurately calculating affected versions reduces false positives, and version ranges are not always reliable indicators. Challenges faced include a lack of security awareness and incentives for package maintainers. The study recommends improving package review mechanisms, providing incentives for security, and implementing security governance strategies to reduce the risk of software supply chain attacks.
This post discusses the security challenges in the Web3 era and how the DevSecOps approach can be adopted to improve the security of the Web3 ecosystem. It emphasizes the importance of incorporating security analysis into the development process and introduces MetaTrust's tools and services for secure software development, including the world's first secure package manager for secure open-source development, an automatic security auditing tool for smart contracts, 24/7 runtime security monitoring, and a comprehensive security and risk score. By using these tools, developers can build a more secure and prosperous Web3 ecosystem.
This blog post analyzes the BRA flash loan attack, which involved a series of transactions on the Binance Smart Chain. The attacker used a flash loan to borrow 1000 WBNB, which was then used to purchase and sell BRA tokens, resulting in an increase in circulation and a profit of approximately $310,000. The post also suggests using MetaTrust's Prover engine to troubleshoot ERC20 tokens for vulnerabilities and provides tips for preventing similar attacks.
An analysis of the Defrost Finance project hack that occurred on December 23, 2022. The hack involved a re-entrancy attack and a rug pull, resulting in the loss of over $12 million. This post provides transaction information, attack processes, and an analysis of the vulnerabilities that led to the hack. MetaScan has the ability to scan for these types of risks.