Web3 Hacks in September: Over $76.​2 Million Lost

Apyx Finance has officially launched following a completed security audit by Quantstamp. The project introduces a Dividend-Backed Stablecoin (DBS) that converts preferred equity from Digital Asset Treasuries into onchain yield. **Key Details:** - Apyx represents a new stablecoin model backed by dividend-generating assets - The platform transforms preferred equity issued by Digital Asset Treasuries (DATs) into enhanced yield opportunities - Quantstamp completed the security audit prior to launch The full audit report is available for review at [Quantstamp's certificate portal](https://certificate.quantstamp.com/full/apx-usd-stablecoin/2a5be074-3d9f-49e7-aa08-46fb5f1e5bd6/index.html). This launch marks the first implementation of a dividend-backed stablecoin model in the market.

Quantstamp has completed a security audit for Beep, an autonomous alpha protocol that deploys agents to trade capital across DeFi platforms and prediction markets. **Key Details:** - Beep operates as an autonomous trading system using agents - The protocol focuses on DeFi and prediction market opportunities - Full audit report is now publicly available This follows Quantstamp's recent audit work for AFI Protocol in December 2025, which focused on Proof-of-Reserve infrastructure for Real-World Assets. [View the complete audit report](https://certificate.quantstamp.com/full/beep/c5dd6095-8a97-4461-a4f2-2a93a27840dd/index.html)

Quantstamp completed a security audit of BitSafe Finance's $CBTC, a 1:1 wrapped Bitcoin token built on Canton Network. **Key Findings:** - The audit reviewed Daml smart contracts for the wrapped BTC token - Token complies with CIP-56 Canton Token Standard - No high-severity security issues were discovered The full audit report is publicly available on Quantstamp's certificate platform. This marks another milestone in bringing Bitcoin liquidity to enterprise blockchain networks through compliant tokenization standards. [View Full Report](https://certificate.quantstamp.com/full/cbtc/5d0d805e-8cf0-4a39-bf1a-0e94899b3c1c/index.html)

**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 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)