We are pleased to announce cooperation with @gate_io in cybersecurity sphere. Gate is one of the oldest and most established crypto-to-crypto exchanges, operating for over 7 years. Find more infrormation here: bit.ly/2Ll1JhC#CER#Hacken#Exchanges#Security
We at @hackenclub are doing @Bybit_Official proof of reserves engagements every two weeks
audits.hacken.io/bybit/
Once I have permission from @benbybit we will post assets excess over liabilities.
But I definitely can assure that Bybit has enough funds and they are solvent
Proof of reserves has to be live.
1. Auditor has to have access to CEX’s depositor's liabilities breakdowns
2. Sufficient tests on breakdown validity, completeness, and accuracy have to be in place and live
3. Assets and liabilities data have to be live and publically available
Today Coingecko has changed the crypto industry forever! Trust Score calculation was updated and from now it includes Hacken CER.live cryptoexchanges cybersecurity rankings. We will see less crypto hacks and more trust in our industry!
blog.coingecko.com/trust-score-cy…
TLDR: insider is behind @FTX_Official rug pull / exit scam
Great thread that proves to me that #ftx#hack is an insider job:
- too slow
- stupid mistakes
- kraken account involved
- hacker would have acted earlier
Great job @TobiasSilverJM to spot this
I was looking at the FTX Tron accounts now and there was a funny thing how the alleged hackers (or internal team) were moving the funds out.
They first moved all TRX out from there and then they were trying to move 47M USDT out but there was no trx for energy fees anymore 1/4
The $HAI IEO on #OceanEx will commence on April 13, 21:00 (UTC+8)! We have made a complete, step-by-step guide on how to participate in the #IEO. Be sure to have your KYC completed before participating.
medium.com/@hackenAI/how-…
Just got my copies of "A Comprehensive Guide for Web3 Security"
It's a culmination of our web3 cybersecurity knowledge, now shared in print
Great to see our joint efforts come to life, crucial for those aspiring to lead in this space
🔗 amazon.com/Comprehensive-…
.@FTX_Official collapse is like a childhood disease that the web3 industry needs to go through
We will become stronger if there is a push from the crypto community towards ALL CEXs, so they made Proof of Reserves audits
Keep asking CEXs to prove their solvency
That’s proof of assets, which could also be done by signing text statements with the reviewed wallet
The crucial is to perform test of liabilities. This means:
- test of details over liabilities breakdown
- it controls test over admin panel
- test of liabilities completeness
