Audit Reports

Order Matching: Achieving Seamless Trades

Decentralized exchanges (DEXs) have disrupted the cryptocurrency trading landscape by introducing trustless and transparent platforms for exchanging digital assets. A critical element of DEXs is the order matching mechanism, which enables the execution of trades. This blog post delves into the intricacies of order-matching mechanisms, highlighting the advancements that have enhanced user efficiency, liquidity, and overall trading experience.

The Big Fuzz Theory: Fuzzing Primer

Fuzz testing, or fuzzing, is a technique used to improve the security of software, including smart contracts in Solidity. It involves supplying random or unexpected data as inputs to a system in an attempt to break it and uncover vulnerabilities that manual testing might miss. Fuzzers generate a set of inputs for testing scenarios that may have been missed during unit testing, helping to identify bugs and potential security issues.

SushiSwap - April 9, 2023

On April 9, 2023, SushiSwap suffered a security breach which led to a loss of over $3.3 million. The attack exploited a flaw in the RouteProcessor2 contract of SushiSwap's router processor. The fallout was felt across several major chains that had previously authorized the RouteProcessor2 contract.

Merlin DEX - April 26, 2023

In April 2023, Merlin DEX,a decentralized exchange (DEX) built on ZkSync, suffered a hack during a Liquidity Generation Event for its MAGE token, resulting in an estimated loss of $1.8 million from the protocol.

Beyond Buzzwords: Exploring the Real Potential of AI and Blockchain Integration

The AI and blockchain integration can help overcome some of the limitations of each technology and create a more secure, transparent, and efficient Web3 ecosystem. This article explores the differences between AI and blockchain, ways to integrate them, use cases, and challenges that need to be addressed.

Infiltrating the EVM-II: Inside the War Room's Arsenal

War Room is an immersive, high-energy environment incorporating a dedicated team of experts that comes together to form the backbone of the War Room. Read more in this part

LEVEL FINANCE - May 2, 2023

The Level Finance hack significantly affected the platform and its users, as the attacker managed to steal $1.1 million in referral rewards. This breach undermined trust in Level Finance and raised concerns about the security of similar DeFi platforms.

The Dark Side of Play-to-Earn: Exploring the Negative Impact of In-Game Monetization

Play-to-earn or P2E for short, typically refers to a business model where players can earn real-world or in-game currency by playing games, completing tasks, and performing different activities. This in-game currency is usually the project’s native cryptocurrency and is used to reward users.

Liquidity Challenges in Illiquid Marketplaces

Illiquid Marketplaces is a common problem with various underlying factors. Information asymmetry, where one party has more knowledge than the other, makes it challenging to establish agreements and facilitate transactions. Complex market structures, with intricate trading rules or inadequate infrastructure, can hinder liquidity. Small marketplaces with fewer users naturally have less liquidity. Fragmented marketplaces, where sellers impose rigid terms, create barriers for potential buyers.

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