Where there is massive financial opportunity, there will be malicious actors, and scams have recently afflicted the NFT industry. Unfortunately, the sophistication and effort of recent NFT scams have been enough to bring down both industry veterans and newcomers. The digital trading era is taking many forms, from the dawn of cryptocurrencies to the formation … Read more
The cryptocurrency firm is booming day by day. This tremendous growth has led to the formation of many crypto exchanges. They came up with several offers, trading methods, revenue strategies, and different fee structures. As the digital asset class continues to grow in terms of market cap, it is more important than ever to ensure … Read more
Decentralization has become the day-to-day code of this technological life. Any platform/technology that comes under blockchain technology is fully decentralized to achieve success. Systematic deployment of decentralized applications (DApps) makes them vulnerable to hackers who can infiltrate the system at any time. As we know, DApps use open-source smart contracts, which can be a key … Read more
Blockchain technology appears to be the most promising in terms of security and efficiency in today’s times, owing to the consistent advancement of technology. In simpler terms, a blockchain is a network of several nodes that validate transactions and store the data in a public ledger. And what’s the catch? The data on the public … Read more
NFTs are popular these days because they allow artists and content creators to sell their NFT collections for thousands of dollars. NFT trades totaled $17 billion, a 21,000% increase over the previous year. Regrettably, the boom has also attracted a deluge of NFT scams. These scams and NFT phishing hacks can cause you to lose … Read more
Smart contract vulnerabilities can have far-reaching consequences for DeFi projects. These can not only harm or damage a single project, but they can also cause investors to back off from the DeFi ecosystem as a whole. Smart contract audits are what have made the DeFi what it is. Though the technology underlying smart contracts has … Read more
Metaverse has been the subject of endless discussion and attention in the tech world since giants like Facebook, Microsoft, and Magic Leap announced their rebranding as Meta. In short, Augmented Reality and Virtual Reality brought together under one umbrella can be called Metaverse. The current discussion among big tech experts is about how many billion … Read more
For over a decade now, we have been experiencing the most revolutionizing spring in the world of digitalization. The intrusion of bitcoin has now laid hands on the progress of the metaverse, digital collectibles, and multiplied revenue streaming spaces. While smart contracts are startled as a fine warmth supporting the season’s dews. Over 24.2% of … Read more
The security of a blockchain project is one of the most important factors in determining its success. A smart contract audit is a crucial step in ensuring a project’s security. An accurate and detailed examination of smart contract sets in an application aids in the detection and elimination of vulnerabilities. The audit also examines the … Read more
Smart contracts are now at the forefront of Blockchain technology. They serve almost every industry segment with a wide range of applications and transaction use cases. Smart contracts are being used in a variety of industries, ranging from finance and IoT to supply chains and music. However, there may be situations when security flaws become … Read more