SmartState blog

August 20, 2024

OGCommunity Token Security Audit by SmartState

OGCommunity (OGC) is a gaming ecosystem created to encourage cooperation and elevate the gaming experience. This innovative crypto ecosystem incorporates a range of functionalities and services crafted to cater to both gamers and gaming industry experts.SmartState audits OGC TokenThe OGCommunity team reached out to SmartState for a smart contract security audit of the OGC Token. Our experts conducted a meticulous manual audit following ...

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June 12, 2024

What are Blockchain Attack Vectors?

The use of blockchain technology is on the rise, bringing with it an increase in security risks. Cybercriminals are constantly seeking new ways of blockchain systems exploitation, compromising security and stealing digital assets. In this article, we explore the attack vector topic, the most common blockchain attack vectors examples and several protection measures to better understand the subject, the risks and take proactive actions to ...

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May 27, 2024

SmartState audits Locus Finance

Locus is a DeFi asset management platform that provides one-click access to passive income in a decentralized manner through on-chain vaults containing thorough-picked strategies.The Locus Finance team approached SmartState for a security audit of their smart contracts.SmartState's smart contract auditing services are designed to provide comprehensive assessments of blockchain-based projects, identifying potential security risks and ...

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April 18, 2024

6 Solana common crypto project vulnerabilities

Solana is one of the most popular blockchains today. Many popular meme coins and more complex projects are made on it. Solana provides high transaction speed and sufficiently low commissions, but it also frequently takes higher technical skills - Solana project development may often require to put up or rent a node or to design a solid backend part. When it comes to security, Solana has its own peculiarities that should be taken into ...

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December 31, 2023

The role of decentralized finance (DeFi) in the global market

The invention of the Decentralized Finance system made a revolution in global finance and brought about a bunch of innovative changes. Being built on blockchain technology, it opens access for the users to financial services without relying on traditional sources and institutions. It offers transparency, trading solutions, low costs, higher security and much more. The new services help to find solutions for the cases which were impossible ...

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December 12, 2023

Locus Finance smart contract security audit by SmartState

Locus is a DeFi asset management platform that provides automated, tokenized yield-bearing vaults of curated strategies.Locus Finance utilizes smart contracts to manage client assets and provides a simple interface for navigating complex DeFi strategies.SmartState audits Locus FinanceLocus Finance requested SmartState to conduct a smart contract security audit of the staking system and the internal logic of the Locus Finance project ...

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November 28, 2023

NFT Platforms Security: Challenges and Best Practices

The NFT market takes up a considerable area in today's crypto industry. Having passed through the stage of "pure" digital art, the non-fungible token technology has found its applications and seems to be firmly entrenched in various areas of business. The interest of investors, crypto tech specialists and users in NFT projects is contributing to the growth and development of the industry as a whole. But despite the fact that the technology ...

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November 16, 2023

Scalability & security balance in the Web3 industry

The Web3 industry has unveiled an era of digital innovation, offering the potential for increased transparency, security, as well as user empowerment. However, the imperatives of scalability and security present complex challenges that must be carefully overcome to unleash the full potential of dApps and blockchain networks. In this article we explore the relationship between scalability and security in Web3 and discuss strategies for ...

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October 29, 2023

What is Moralis?

Moralis is a dev platform that offers a Web3 toolkit to create, launch and grow dApps in one place. This is one of the leading services for creation and deployment of dApps on different L1 chains, including Ethereum, Binance Smart Chain, Polygon and more. It provides solutions in middleware. There is no vital necessity to create something new and genuine working at Moralis. Only a couple of hours would pass from opting in to nodes up to ...

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October 20, 2023

Exploring Bitcoin Sidechains: Unlocking New BTC possibilities

Being a pioneering cryptocurrency, Bitcoin has powered the novel industry and increased the crypto popularity and adoption while standing as the most adopted crypto coin. As the Bitcoin network continues to gain weight, scalability and flexibility have become important considerations. To address these challenges, Bitcoin sidechains have emerged as a solution, offering exciting opportunities to enhance the functionality and expand the use ...

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