{"id":3214,"date":"2022-11-02T12:43:15","date_gmt":"2022-11-02T12:43:15","guid":{"rendered":"http:\/\/cqr.company\/?p=3214"},"modified":"2025-05-29T11:12:58","modified_gmt":"2025-05-29T11:12:58","slug":"cybersecurity-for-defi","status":"publish","type":"post","link":"https:\/\/cqr.company\/ua\/blog\/cybersecurity-for-defi\/","title":{"rendered":"Is web3 security real in 2023?"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"3214\" class=\"elementor elementor-3214\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-590a4e2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"590a4e2\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3b96f2aa\" data-id=\"3b96f2aa\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0d937bb elementor-widget elementor-widget-image\" data-id=\"0d937bb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"1015\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" data-src=\"https:\/\/cqr.company\/wp-content\/uploads\/2022\/11\/photo_2022-11-01_10-56-03-1024x1015.jpg.webp\" class=\"attachment-large size-large wp-image-3216 lazyload\" alt=\"\" data-srcset=\"https:\/\/cqr.company\/wp-content\/uploads\/2022\/11\/photo_2022-11-01_10-56-03-1024x1015.jpg.webp 1024w, https:\/\/cqr.company\/wp-content\/uploads\/2022\/11\/photo_2022-11-01_10-56-03-300x297.jpg.webp 300w, https:\/\/cqr.company\/wp-content\/uploads\/2022\/11\/photo_2022-11-01_10-56-03-150x150.jpg.webp 150w, https:\/\/cqr.company\/wp-content\/uploads\/2022\/11\/photo_2022-11-01_10-56-03-768x761.jpg.webp 768w, https:\/\/cqr.company\/wp-content\/uploads\/2022\/11\/photo_2022-11-01_10-56-03-12x12.jpg.webp 12w, https:\/\/cqr.company\/wp-content\/uploads\/2022\/11\/photo_2022-11-01_10-56-03.jpg.webp 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><noscript><img decoding=\"async\" width=\"1024\" height=\"1015\" src=\"https:\/\/cqr.company\/wp-content\/uploads\/2022\/11\/photo_2022-11-01_10-56-03-1024x1015.jpg.webp\" class=\"attachment-large size-large wp-image-3216 lazyload\" alt=\"\" srcset=\"https:\/\/cqr.company\/wp-content\/uploads\/2022\/11\/photo_2022-11-01_10-56-03-1024x1015.jpg.webp 1024w, https:\/\/cqr.company\/wp-content\/uploads\/2022\/11\/photo_2022-11-01_10-56-03-300x297.jpg.webp 300w, https:\/\/cqr.company\/wp-content\/uploads\/2022\/11\/photo_2022-11-01_10-56-03-150x150.jpg.webp 150w, https:\/\/cqr.company\/wp-content\/uploads\/2022\/11\/photo_2022-11-01_10-56-03-768x761.jpg.webp 768w, https:\/\/cqr.company\/wp-content\/uploads\/2022\/11\/photo_2022-11-01_10-56-03-12x12.jpg.webp 12w, https:\/\/cqr.company\/wp-content\/uploads\/2022\/11\/photo_2022-11-01_10-56-03.jpg.webp 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/noscript>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-280f4ae6 elementor-widget elementor-widget-text-editor\" data-id=\"280f4ae6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><\/p>\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Blockchain security is the latest cybersecurity technology. Businesses using blockchain technology face attacks of all scales that aim to unauthorized entry of unauthorized data into the registry, complete or partial blockage of business systems, and more and hacker control over your resources. These are the most common variations of attacks on blockchain technology in organizations of all sizes.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Besides, it&#8217;s not that hard to master. Your blockchain technology&#8217;s smart contracts register your transactions on the platform, cryptographically signing the terms of the deal. The Smart Contract is your ability to track all transaction information.\u00a0<\/span><\/p>\n<h2>\u041a\u0456\u0431\u0435\u0440\u0431\u0435\u0437\u043f\u0435\u043a\u0430 \u0432 \u0434\u0435\u0446\u0435\u043d\u0442\u0440\u0430\u043b\u0456\u0437\u043e\u0432\u0430\u043d\u0438\u0445 \u0444\u0456\u043d\u0430\u043d\u0441\u0430\u0445 \u2014 \u0447\u0438 \u0456\u0441\u043d\u0443\u0454 \u0432\u043e\u043d\u0430 \u0432\u0437\u0430\u0433\u0430\u043b\u0456?<\/h2>\n<p><\/p>\n<p><\/p>\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">So why do business owners put themselves in such danger? It&#8217;s hard to resist the benefits of blockchain technology in 2023 if you want to scale and grow your business.\u00a0<\/span><\/p>\n<p><\/p>\n<p><\/p>\n<p class=\"wp-block-paragraph\">\u0426\u0435 \u0441\u0443\u043f\u0435\u0440\u0435\u0447\u043b\u0438\u0432\u0435 \u043f\u0438\u0442\u0430\u043d\u043d\u044f \u044f\u043a \u043c\u0456\u043d\u0456\u043c\u0443\u043c \u0442\u043e\u043c\u0443, \u0449\u043e \u0440\u0438\u043d\u043e\u043a DeFi \u043d\u0435 \u043c\u0430\u0454 \u043f\u0430\u0440\u0430\u043c\u0435\u0442\u0440\u0456\u0432 \u0437\u0430\u0445\u0438\u0441\u0442\u0443 \u0434\u0430\u043d\u0438\u0445. \u0410\u043d\u043e\u043d\u0456\u043c\u043d\u0456\u0441\u0442\u044c \u2014 \u0446\u0435 \u0434\u043e\u0431\u0440\u0435, \u0430\u043b\u0435 \u043d\u0435 \u0442\u043e\u0434\u0456, \u043a\u043e\u043b\u0438 \u0445\u0430\u043a\u0435\u0440\u0438 \u043c\u0430\u044e\u0442\u044c, \u043d\u0430\u043f\u0440\u0438\u043a\u043b\u0430\u0434, \u0434\u043e\u0441\u0442\u0443\u043f \u0434\u043e Darknet, \u0434\u0435 \u0432\u0430\u0448\u0456 \u0434\u0430\u043d\u0456 \u0441\u0442\u0430\u043d\u0443\u0442\u044c \u0430\u043d\u043e\u043d\u0456\u043c\u043d\u0438\u043c\u0438 \u0442\u0430 \u0448\u0432\u0438\u0434\u043a\u043e \u043f\u0440\u043e\u0434\u0430\u0434\u0443\u0442\u044c\u0441\u044f.<\/p>\n<p><\/p>\n<p><\/p>\n<h2><span style=\"font-weight: 400;\">DeFi cyber security<\/span><\/h2>\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">The wide market for DeFi, specifically stablecoins such as DAI, USDT, USDC, BUSD gives a lot of advantages to a private investor, a founder of a cryptocurrency exchange, or a company:<\/span><\/p>\n<p><strong><em>No human factor of smart contracts gives you fast and convenient service.<\/em><\/strong><\/p>\n<p><strong><em>Decentralization, as the main advantage, allows you to avoid transaction participants, time, and bureaucracy.<\/em><\/strong><\/p>\n<p><strong><em>DeFi financial tools (applications and services on the blockchain) replace the banking sector with transaction protocols with source code.\u00a0<\/em><\/strong><\/p>\n<h2><span style=\"font-weight: 400;\">Does the DeFi protect your data?\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">DeFi does not give you anonymity and full protection. Of course, such projects do not involve a lot of intermediaries, as in standard bank transactions, but blockchain records all transactions in registries, and this information can be stolen by hackers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can check the source code of the DeFi project yourself.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To be sure that the source code of the project, in which you invest, is protected, you need an audit of smart contracts.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Future of <\/span><span style=\"font-weight: 400;\">blockchain security technology<\/span><span style=\"font-weight: 400;\"> for your business<\/span><\/h2>\n<p style=\"text-align: right;\"><span style=\"color: #ffffff;\"><span style=\"font-weight: 400;\">&#8220;<\/span><i><span style=\"font-weight: 400;\">About a quarter of organizations plan to actively implement or experiment with blockchain-based technologies<\/span><\/i><\/span><span style=\"font-weight: 400;\"><span style=\"color: #ffffff;\">&#8220;<\/span>, according to recent <a href=\"https:\/\/www.gartner.com\/en\">Gartner<\/a> surveys.<\/span><\/p>\n<p><\/p>\n<p><\/p>\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Scams like Pump and dump, Fake airdrop, or Phishing are for businesses of all sizes. This is why cybersecurity measures such as Security for Blockchain are necessary.<\/span><span style=\"font-weight: 400;\"> To conduct <\/span><span style=\"font-weight: 400;\">blockchain cybersecurity projects<\/span><span style=\"font-weight: 400;\">, you as a business owner will help <\/span><span style=\"font-weight: 400;\">defense security services<\/span><span style=\"font-weight: 400;\">, a <\/span><span style=\"font-weight: 400;\">defense consultant<\/span><span style=\"font-weight: 400;\">, and a team of specialists.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">CQR&#8217;s team of experts provides a comprehensive Blockchain Security plan to protect your digital assets, <\/span><span style=\"font-weight: 400;\">blockchain security solutions <\/span><span style=\"font-weight: 400;\">include:<\/span><\/p>\n<p><strong><em>blockchain security research<\/em><\/strong><\/p>\n<p><strong><em>blockchain for iot security<\/em><\/strong><\/p>\n<p><strong><em>blockchain network security<\/em><\/strong><\/p>\n<p><strong><em>blockchain for cloud security<\/em><\/strong><\/p>\n<p><strong><em>find out smart contract audit costs<\/em><\/strong><\/p>\n<p><strong><em>auditing smart contracts<\/em><\/strong><\/p>\n<p><strong><em>and much more\u00a0<\/em><\/strong><\/p>\n<p><\/p>\n<p><\/p>\n<p class=\"wp-block-paragraph\">\u00a0<\/p>\n<p><\/p>\n<p><\/p>\n<figure><img decoding=\"async\" class=\"aligncenter lazyload\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" data-src=\"https:\/\/cqr.company\/wp-content\/uploads\/2023\/01\/image-1024x614.png\" alt=\"\" width=\"555\" height=\"332\" \/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter lazyload\" src=\"https:\/\/cqr.company\/wp-content\/uploads\/2023\/01\/image-1024x614.png\" alt=\"\" width=\"555\" height=\"332\" \/><\/noscript><\/figure>\n<p><\/p>\n<p><\/p>\n<p class=\"wp-block-paragraph\">\u00a0<\/p>\n<p><\/p>\n<p><\/p>\n<h2><span style=\"font-weight: 400;\">Critical points of <\/span><span style=\"font-weight: 400;\">coins security\u00a0<\/span><\/h2>\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">What other reasons to worry about protecting your project\u2019s smart contracts? One of the main ones is vulnerabilities in smart contracts.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A well-rounded business development plan prevents potential vulnerabilities. For example, they already exist in smart contracts per se. Now it is common to divide them into 3 groups: the Solidity level, the EVM level, and the blockchain level.\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">A brief explanation of vulnerabilities:<\/span><\/h3>\n<p><em><strong>Solidity level vulnerabilities \u2013 bugs in the smart contracts programming language. Quite a wide list of vulnerabilities in Solidity code.<\/strong><\/em><\/p>\n<p><em><strong>EVM level vulnerabilities \u2013 bugs in the virtual environment (Ethereum Virtual Machine), which is responsible for algorithms in smart contracts.\u00a0<\/strong><\/em><\/p>\n<p><em><strong>Blockchain-level vulnerabilities \u2013 all kinds of attacks on the system<\/strong><\/em><\/p>\n<p><span style=\"font-weight: 400;\">Manual and automated auditing of Smart Contracts code is carried out using different methods for expert evaluation.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Unfortunately, the <a href=\"https:\/\/www.planetcompliance.com\/nutshell-dao-steal-60-million-worth-cryptocurrency\/\">smallest mistakes<\/a> in smart contracts code lead to exchange hacking and withdrawal of large digital assets. An interesting example is a small vulnerability in the DAO project on Ethereum. It led to the theft of about $60 million in ETH and, as a consequence, the hard-forking of the entire network.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Different top cybersecurity companies around the world have different views on dealing with vulnerabilities in smart contracts. So choose the best one.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">CQR experts examine the code base to <\/span><span style=\"font-weight: 400;\">secure smart contracts<\/span><span style=\"font-weight: 400;\"> for your business<\/span><span style=\"font-weight: 400;\">. After that, all the testing tools. You get a report with the vulnerabilities found and precautions against potential attacks. This is how you will achieve <\/span><span style=\"font-weight: 400;\">cloud security using blockchain<\/span><span style=\"font-weight: 400;\"> as a service for your business.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">What happens if you don\u2019t do <\/span><span style=\"font-weight: 400;\">smart contract auditing<\/span><span style=\"font-weight: 400;\">?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Failure to detect a blockchain vulnerability in time is as much of a sudden reputational and financial disaster for businesses as the enormous popularity of DeFi resources. It is impossible not to constantly monitor smart contracts and react to weaknesses in time without encountering hackers.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Nomad Bridge was an unfortunate example of a smart contract hack in 2022. The bridge was hacked for $190 million because of a small inaccuracy in the code. The Nomad smart contract failed to verify transaction entry properly.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Juno blockchain failure <a href=\"https:\/\/www.coindesk.com\/tech\/2022\/04\/06\/cosmos-based-juno-blockchain-pushed-offline-in-apparent-attack\/\">due to smart contract vulnerability<\/a>. How did it work? The failure of the blockchain was caused by insecurity. The hacker picked up the combination of the transaction, which helped crack the smart contract. Then, the hacker ran over 400 transactions in three days.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Smart Contracts auditing is a really effective method of identifying weaknesses that may already be of interest to intruders. After all, not all attacks start with active phases, some hackers need time to consolidate vulnerabilities or find a few more in your system. Your priority is to find all the hidden security flaws in your digital assets before the hackers do.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Would you like to be among the smart contract owners successfully audited? So, you require cybersecurity consultation with the <\/span><span style=\"font-weight: 400;\">best smart contract auditors<\/span><span style=\"font-weight: 400;\"> for business!<\/span><span style=\"font-weight: 400;\"><br \/><\/span><\/p>\n<p><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Blockchain security is the latest cybersecurity technology. Businesses using blockchain technology face attacks of all scales that aim to unauthorized entry of unauthorized data into the registry, complete or partial blockage of business systems, and more and hacker control over your resources. These are the most common variations of attacks on blockchain technology in organizations [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":27291,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"elementor_theme","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_analysis_target_kw":"","footnotes":""},"categories":[1,92],"tags":[],"class_list":["post-3214","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-hot"],"acf":[],"_links":{"self":[{"href":"https:\/\/cqr.company\/ua\/wp-json\/wp\/v2\/posts\/3214","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cqr.company\/ua\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cqr.company\/ua\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cqr.company\/ua\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cqr.company\/ua\/wp-json\/wp\/v2\/comments?post=3214"}],"version-history":[{"count":0,"href":"https:\/\/cqr.company\/ua\/wp-json\/wp\/v2\/posts\/3214\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cqr.company\/ua\/wp-json\/wp\/v2\/media\/27291"}],"wp:attachment":[{"href":"https:\/\/cqr.company\/ua\/wp-json\/wp\/v2\/media?parent=3214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cqr.company\/ua\/wp-json\/wp\/v2\/categories?post=3214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cqr.company\/ua\/wp-json\/wp\/v2\/tags?post=3214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}