Web3 Hacks in September: Over $76.2 Million Lost
Web3 Hacks in September: Over $76.2 Million Lost
馃毃 Crypto's $76M September Surprise
September 2024 saw over $76.2 million lost to web3 hacks, highlighting the ongoing security challenges in the crypto space. This serves as a crucial reminder for users to remain vigilant and take proactive measures to protect their assets.
Key points:
- Significant financial losses underscore the persistent threat of cyber attacks
- Users are urged to exercise caution and implement security best practices
- Double-checking permissions and using secure wallets are essential steps
For context, November 2023 witnessed an even larger surge in Web3 hacks, with nearly $350 million stolen across 28 incidents. This trend emphasizes the critical need for robust security measures in the evolving blockchain landscape.
Stay safe: Always verify transactions, use hardware wallets, and keep your private keys secure.
Over $76.2 Million was lost to web3 hacks in September 馃毃 This is your monthly reminder to stay vigilant! Make sure to double-check permissions, and store funds in secure wallets 馃敀
Quantstamp Joins BNB Chain Kickstart Program as Official Service Provider
**Quantstamp** has officially joined the **BNB Chain Kickstart Program** as a service provider, offering blockchain security solutions to emerging projects. **Key Benefits for Projects:** - 15% discount on all Quantstamp security services - Access to smart contract vulnerability scanning - Support from day one of development The Kickstart Program provides essential tools and support for builders launching on BNB Chain. Projects can now secure their smart contracts at a reduced cost while accessing Quantstamp's security expertise. **About the Partnership:** This collaboration strengthens the BNB Chain ecosystem by making professional security auditing more accessible to new projects. Developers can focus on building while ensuring their code meets security standards. [Learn more about BNB Chain Kickstart Program](https://www.bnbchain.org/en/programs/kickstart)
Quantstamp Completes Security Audit for AFI Protocol's Real-World Asset Infrastructure
**Quantstamp has completed a security audit for AFI Protocol**, a platform building Proof-of-Reserve infrastructure for Real-World Assets. **Key Features:** - Enables institutional-grade yield opportunities - Fully composable within DeFi ecosystems - Focuses on Real-World Asset integration The audit ensures the protocol meets security standards for handling traditional assets in decentralized finance. This represents another step in bridging traditional finance with DeFi infrastructure. [View the complete audit report](https://certificate.quantstamp.com/full/afi-vault/dc8a68ae-e72b-4b63-bef2-544c709f6fda/index.html)
Quantstamp Joins TrustblockHQ Auditor Network for Transparent Security
**Quantstamp has joined the TrustblockHQ auditor network**, marking a significant step toward transparent and verifiable security in Web3. The partnership allows users to access Quantstamp's auditing services through TrustblockHQ's platform, where security assessments become publicly verifiable rather than relying solely on developer claims. **Key benefits include:** - Enhanced transparency in smart contract auditing - Verifiable security standards for Web3 projects - Access to Quantstamp's proven track record with tier-1 projects Quantstamp has previously audited major blockchain projects including Ethereum, Solana, and TON, establishing itself as a trusted security partner in the ecosystem. This integration represents the growing trend toward **decentralized and transparent security verification** in Web3, where users can independently verify that projects meet established security standards. [View Quantstamp on TrustblockHQ](https://app.trustblock.run/auditor/quantstamp)
Camp Network Completes Four Security Audits with Quantstamp
**Camp Network**, an autonomous IP layer for AI-native creation, has successfully completed **four comprehensive security audits** conducted by Quantstamp. The platform enables: - **Provenance tracking** for AI-generated content - **Automated licensing** and royalty distribution - **Trusted, user-owned data** management All four audit reports are now publicly available: - [Primary audit](https://certificate.quantstamp.com/full/camp/ae830654-5f2b-4d21-aba2-1de572092da6/index.html) - [Network audit](https://certificate.quantstamp.com/full/camp-network-2/1c784713-9aaa-4db3-9e3a-922d58099e12/index.html) - [Re-audit](https://certificate.quantstamp.com/full/camp-re-audit/2a90a14d-4635-462c-905c-0b444e0d8cf8/index.html) - [NFT audit](https://certificate.quantstamp.com/full/camp-nft/94cdb738-1a01-4f6c-8632-3bdec427161e/index.html) This milestone demonstrates Camp Network's commitment to security as it builds infrastructure for **AI-native intellectual property** management.
Hemi Network Launches $HEMI Token on Binance
**Hemi Network** has officially launched its **$HEMI token** on Binance, marking a significant milestone for the project. The launch represents a major step forward in Hemi's mission to build infrastructure for **Bitcoin staking and tunneling**. The project aims to create programmable Bitcoin solutions and advance the BTCfi ecosystem. - Token now available for trading on Binance - Focus on unlocking Bitcoin's potential through staking - Part of broader BTCfi infrastructure development The launch has received support from multiple backers who view it as progress for **programmable Bitcoin** technology. More details available at [token.hemi.xyz](http://token.hemi.xyz)