Major hack on play-to-earn crypto games a ‘matter of time’ — Report
“Unsatisfactory” cybersecurity measures among play-to-earn (P2E) crypto games pose a great risk to GameFi projects and their gamers alike, warns blockchain cybersecurity auditor Hacken. In a Monday report shared with Cointelegraph, Hacken said that data indicates that GameFi projects, the category which P2E games would fall under, often “put profits above security” by releasing products without […]
Solana and Ethereum smart contract audits, explained
As you might expect, this depends on how complex a smart contract is. According to Hacken, this can extend to $500,000 for larger projects where there are more lines of code — not least because of the additional engineering hours it’ll take. The company argues these costs pale into comparison with the economic damage that […]
Lack of transparency among project auditors a big problem: Hacken CEO
Smart contract auditing firm Hacken CEO Dyma Budorin thinks Web3 cybersecurity providers are failing the crypto industry and that “huge blind spots” in market practices are impacting investor behavior. Budorin believes a lack of accountability and transparency in the audits many providers perform falls short of reassuring users and projects. Currently, smart contract auditors take […]