TRUSTBYTES BLOG

EthCC[7] Recap
Jonas
July 15, 2024

EthCC[7] Recap

EthCC[7] demonstrated the Web3 community's commitment to innovation and security, emphasizing the dominance of infrastructure projects, cautious VC investment strategies, the importance of security and preparedness, and the rise of consumer-facing applications, all within a market characterized by uncertainty and potential for significant evolution over the next few years.

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The Perils of Hyperfocus on L2 Solutions: A Security Wake-Up Call for Web3
Jonas
July 6, 2024

The Perils of Hyperfocus on L2 Solutions: A Security Wake-Up Call for Web3

While the Web3 community’s hyperfocus on Layer 2 (L2) solutions promises enhanced scalability and cost-efficiency, it inadvertently introduces significant security risks and operational bottlenecks that could undermine broader Web3 adoption and necessitates a balanced approach that includes developing robust Layer 1 (L1) infrastructures.

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Web3 Security Insights from Q2 2024: A Mixed Bag of Progress and Challenges
Jonas
July 3, 2024

Web3 Security Insights from Q2 2024: A Mixed Bag of Progress and Challenges

In Q2 2024, Web3 saw fewer hacks but significantly higher financial losses, primarily due to access control vulnerabilities, highlighting the urgent need for enhanced security measures and community vigilance in the evolving decentralized ecosystem.

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Understanding the Beacon Chain: The Backbone of Ethereum 2.0
Jeremy
July 10, 2024

Understanding the Beacon Chain: The Backbone of Ethereum 2.0

The beacon chain is a crucial component of Ethereum 2.0, facilitating the transition from Proof of Work (PoW) to Proof of Stake (PoS) to enhance the network’s scalability, security, and efficiency, setting a new standard for sustainable blockchain operations.

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UwuLend Oracle Manipulation Attack: A Deep Dive into the $19.4 Million Exploit
Jonas
July 3, 2024

UwuLend Oracle Manipulation Attack: A Deep Dive into the $19.4 Million Exploit

The UwuLend oracle manipulation attack, which led to a $19.4 million loss, highlights the critical need for advanced security measures and continuous vigilance in the DeFi space, revealing vulnerabilities even in protocols that have undergone thorough security audits.

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$7m VelocityCore Exploit POST-MORTEM
Jonas
June 26, 2024

$7m VelocityCore Exploit POST-MORTEM

This blog provides a comprehensive analysis of the VelocityCore incident, detailing the vulnerabilities exploited, advanced security measures for prevention, and actionable recommendations for Web3 Security researchers, Audit Firms, and smart contract developers.

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Security Review Guide
TRUSTBYTES
June 19, 2024

Security Review Guide

This blog article provides a guide on how to prepare smart contract and protocol security reviews, covering stages of system design, the importance of development team understanding, and guidelines for achieving review readiness, including quality assurance, code freeze, test coverage, peer code review, checklists, and automated code analysis.

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Risks on CEX’s Confirmation Number on Arbitrum and Optimism: An In-Depth Analysis
TRUSTBYTES
June 12, 2024

Risks on CEX’s Confirmation Number on Arbitrum and Optimism: An In-Depth Analysis

This article examines the risks associated with centralized exchange (CEX) confirmation numbers on Arbitrum and Optimism, Ethereum Layer 2 solutions, highlighting the importance of understanding their distinct finality mechanisms and transaction processing methods to ensure secure and transparent deposit and withdrawal processes for users.

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The Full Guide on Reentrancy Attacks in Solidity Smart Contracts
TRUSTBYTES
June 5, 2024

The Full Guide on Reentrancy Attacks in Solidity Smart Contracts

This comprehensive guide on reentrancy attacks in Solidity smart contracts explains the mechanics, types, and mitigation strategies, including the checks-effects-interactions pattern, mutexes, and extensive code review, to protect against reentrancy vulnerabilities in decentralized applications (dApps).

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Wasm for Smart Contracts
TRUSTBYTES
May 31, 2024

Wasm for Smart Contracts

WebAssembly (Wasm) for Smart Contracts offers a transformative approach to Web3 development by providing near-native execution efficiency, enhancing the speed and modularity of smart contracts across various blockchain platforms, while highlighting the benefits, limitations, and security considerations of using Wasm in contrast to traditional EVM-based smart contracts.

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Beyond Ethereum Auditing Smart Contracts on Alternative Blockchains
TRUSTBYTES
December 23, 2023

Beyond Ethereum Auditing Smart Contracts on Alternative Blockchains

As blockchain technology evolves, auditing smart contracts on alternative platforms beyond Ethereum, such as Binance Smart Chain, Polkadot, and Solana, presents new challenges and opportunities, requiring auditors to adapt to diverse consensus mechanisms, programming languages, and standards to ensure the security and functionality of decentralized applications.

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The Auditor's Guide to Understanding Solidity for Smart Contracts
TRUSTBYTES
December 21, 2023

The Auditor's Guide to Understanding Solidity for Smart Contracts

Solidity is the backbone of smart contract development, offering powerful syntax and advanced security features, making it crucial for auditors, security researchers, and developers to master its intricacies and stay updated with its continuous evolution to ensure robust and secure smart contracts.

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How to Become a Smart Contract Auditor:The Complete Career Guide
TRUSTBYTES
December 19, 2023

How to Become a Smart Contract Auditor:The Complete Career Guide

In the rapidly evolving Web3 landscape, the critical role of smart contract auditors is emphasized, as they ensure the security and integrity of decentralized applications by mastering blockchain fundamentals, staying abreast of evolving threats, employing advanced auditing techniques, and engaging in continuous learning and practical experience.

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The Future of Automated Smart Contract Auditing
TRUSTBYTES
October 4, 2023

The Future of Automated Smart Contract Auditing

As decentralized systems adoption accelerates, the prevalence of smart contract vulnerabilities underscores the urgent need for augmented automation in security, with hybrid auditing approaches leveraging both AI and human expertise emerging as the gold standard to enhance the secure development of distributed applications.

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