Introduction: Building an effective & secure platform is critical! In this era of rising technologies, it is becoming more and more complex to manage security. Conducting a red team vs blue team exercise could be an eye-opener for companies who seek optimum level protection against their network and systems. …

Introduction Rari capital got hacked for around $79M through a classic re-entrancy attack. Rari is a fork of compound finance which had this bug fixed earlier. It is not the first time Rari has been a victim of a hack. Pre-requisite Rari is a fork of compound finance & compound had a…

Introduction Beanstalk protocol got hacked for around $74M through exploiting the governance mechanism & stealing all the BEANS & Curve LP tokens stored in the Beanstalk protocol. It is a bit complex hack, lets break it down step by step. Hack transaction Hacker’s Address Hacker Exploit Contract Proposal creation transaction on…

Introduction Consensus algorithms are undoubtedly a major building block of blockchain technology. By definition, no single party can control the operation of a blockchain network, so consensus algorithms are relied on to achieve a common agreement. …

Introduction The adoption of smart contracts has paved the way for a new era within blockchain technology. With thousands of dApps on Ethereum all implementing these computer programs in different ways, we may be contributing to a world previously unheard of- one where unbiased technology can eventually replace the need for…

Introduction Recently, there has been a clear surge in the contribution towards a decentralized form of the internet known as Web3. This has resulted in the popularization of blockchain technology and its many use cases. …

By Ayesha Yousuf Introduction: Blockchain technology is bringing transformation to the whole system of digitization for industries. Blockchain supports transparency along with the concept of decentralisation. Transparency here suggests the idea that everyone present in the ecosystem can easily witness the public addresses of the accounts carrying out their transactions and…

By Ayesha Yousuf Introduction: Imagine your manager calls for an online meeting and asks you to assemble the pitch deck of the company and present that to a potential client. At the same moment you are notified with an email that a malicious actor has logged into your company’s main server…

By Sarah Imran Functioning as more than just a smart contract auditing firm, BlockApex works with clients to ensure their products are as secure as possible. We pride ourselves on maintaining the utmost quality in our audits all while delivering exceptional service. A big part of BlockApex’s philosophy is transparency…