Tagged: certik

January 10, 2026 @ 5:19 pm By Omar Faridi  |  

In the ecosystem of blockchain, web3, and decentralized cryptocurrency platforms, security remains a paramount objective but still not enough is being done to ensure adequate consumer protection and safeguard user assets. CertiK, a blockchain security firm, has recently shared several key updates that underscore its… Read More

December 31, 2025 @ 8:54 am By Omar Faridi  |  

CertiK has released the Hack3D: The Skynet Web3 Security Report for 2025, a data-driven examination of Web3 security trends, key vulnerabilities, as well as threat intelligence across the Web3 space. CertiK’s Skynet Hack3D reports offer deep dives into the different exploits and major trends that… Read More

December 23, 2025 @ 2:44 pm By Omar Faridi  |  

CertiK has noted that privacy coins are cryptocurrencies engineered to significantly improve user anonymity by effectively obscuring transaction data (such as sender identities, transaction amounts, transaction history, etc.). CertiK explained that, unlike pseudonymous virtual currencies such as Bitcoin (BTC), privacy coins tend to employ more… Read More

December 9, 2025 @ 3:24 pm By Omar Faridi  |  

The U.S. digital asset regulatory environment has transformed considerably in 2025 to provide a clearer statutory framework, according to an update from CertiK. New federal legislation and administrative reforms are now more aligned around how digital assets are being issued, traded, and custodied. CertiK noted… Read More

December 1, 2025 @ 6:02 pm By Omar Faridi  |  

CertiK has recently joined forces with Korean gaming firm WEMADEin order to launch the Global Alliance of KRW Stablecoin (GAKS), to provide comprehensive security audit services for StableNet, Korea’s dedicated mainnet infrastructure for the complete lifecycle of KRW stablecoins. At blockchain focused CertiK, they claim… Read More

November 17, 2025 @ 9:05 pm By Omar Faridi  |  

Wallet-drainer and phishing toolkits are surging, with ~$500M drained in 2024 and crypto losses hitting $3.1B in H1 2025 alone. Point-in-time audits aren’t enough without continuous monitoring and revocation playbooks. We recently caught up with Natalie Newson, Senior Blockchain Investigator at CertiK to better understand how “drainer-as-a-service”… Read More

November 7, 2025 @ 7:53 am By Omar Faridi  |  

The Digital Asset Treasury (DAT) model has matured from a somewhat niche corporate strategy into a growing market, with public firms holding more than $130 billion in digital assets. This particular DAT model, which defines a class of public firms accumulating digital assets as a… Read More

September 15, 2025 @ 10:26 am By Omar Faridi  |  

The web3 and blockchain ecosystem continues to evolve, with interoperability between major ecosystems like Ethereum’s Virtual Machine (EVM) and the Cosmos network emerging as critical infrastructure. CertiK‘s recent insights aim to delve into this convergence, analyzing it through the framework of layered blockchain architecture—a model… Read More

July 3, 2025 @ 6:53 am By Omar Faridi  |  

The Web3 ecosystem, built on the promise of decentralized technologies, continues to face significant security challenges as it grows into a cornerstone of global finance, according to CertiK, a blockchain security firm, which has released its Hack3d report. The Web3 Security Quarterly Report for Q2… Read More

July 2, 2025 @ 8:00 am By Tony Zerucha  |  

Blockchain security firm CertiK’s H1 2025 Hack3d Report finds hackers stole nearly $2.5 billion in 2025’s first six months, up drastically from the same period one year ago. The latest report revealed that in the first half of 2025, hackers stole more than $2.47 billion,… Read More

June 27, 2025 @ 2:42 am By Tony Zerucha  |  

16B data leak shows centralization’s perils “This leak of 16 billion credentials represents the complete collapse of centralized security frameworks, and it’s no surprise. It’s simply an inevitable consequence of putting trust in security systems that are vulnerable to single points of failure in a… Read More

June 6, 2025 @ 4:06 pm By Omar Faridi  |  

CertiK noted that earlier this year, the U.S. Treasury Department made a groundbreaking decision to lift sanctions on Tornado Cash, an Ethereum-based cryptocurrency mixing service that had been a lightning rod for controversy since its sanctioning in 2022. Originally blacklisted by the Office of Foreign… Read More

June 1, 2025 @ 5:14 pm By Omar Faridi  |  

The blockchain and decentralized finance (DeFi) landscape continues to evolve, presenting opportunities and challenges for developers and users. Recent analyses from CertiK shed light on critical incidents and emerging technologies shaping the Web3 ecosystem. CertiK unveils three key updates: an incident analysis of the Cork… Read More

May 7, 2025 @ 10:18 pm By Omar Faridi  |  

On May 7, 2025, Ethereum is set to undergo a transformative upgrade known as Pectra, introducing sweeping changes to the Ethereum Virtual Machine (EVM). CertiK explained in a blog post that this milestone follows Binance Smart Chain’s Pascal upgrade on March 30, 2025, which implemented… Read More

May 2, 2025 @ 9:30 am By Omar Faridi  |  

At the Unchained Summit Dubai 2025, Ronghui Gu, Co-founder of CertiK and Associate Professor of Computer Science at Columbia University, delivered a keynote address underscoring the balance between Web3 innovation and robust security measures. With blockchain technology now underpinning a global financial infrastructure valued at… Read More

March 31, 2025 @ 9:31 pm By Omar Faridi  |  

The decentralized finance (DeFi) community was once again rattled by a significant security breach targeting Magic Internet Money (MIM), a USD-pegged stablecoin issued by the Abracadabra protocol. According to an in-depth analysis by CertiK, a blockchain security firm, the exploit resulted in the loss of… Read More

March 18, 2025 @ 12:32 pm By Omar Faridi  |  

CertiK Chief Security Officer Kang Li has commented on the changing regulatory environment for cryptocurrencies and how it potentially brings new opportunities. During discussions held as part of the 2024 Korean Blockchain Week (KBW), Professor Kang Li, Chief Security Officer of CertiK explained how recent… Read More

February 26, 2025 @ 9:20 am By Omar Faridi  |  

On Friday, February 21, 2025, the cryptocurrency ecosystem was rocked by one of the largest hacks in its history: a meticulously executed theft of nearly $1.5 billion worth of Ethereum tokens (and some other cryptocurrencies) from Bybit, a prominent crypto exchange. Although many of these… Read More

January 16, 2025 @ 10:57 am By Omar Faridi  |  

In the Web3 space, new tokens are constantly emerging, the team at CertiK noted while pointing out that these new tokens may not be safe and could pose certain (serious) risks for holders and traders. CertiK revealed that in the past few months, their security… Read More

January 13, 2025 @ 5:09 pm By Omar Faridi  |  

Founded in 2018, CertiK claims that it became a trusted name in Web3 security by leveraging formal verification to safeguard smart contracts and decentralized systems. Over the years, CertiK expanded their offerings to include comprehensive security services, audits, and tools, solidifying their “reputation as a… Read More