Ethereum is a decentralised software platform that runs smart contracts. It has a market cap of over $372 billion+ dollars and counting.
Ethereum has gone through a lost millions of dollars in a decade in the form of hacks on different protocols that have been deployed on ethereum chain. The first prominent hack was the DAO Attack in which the ethereum chain had splitted in two chains Ethereum and Ethereum Classic and the chain of exploits had started.
New technology comes with new risks likewise every exploit is a step towards enhancement of security.
Ethereum was developed by a programmer Vitalik Buterin in 2013, Ethereum is mainly a Distributed ledger blockchain. Ethereum smart contract allows anyone to deploy permanent and immutable decentralised applications (dapps) onto the blockchain, with which users can interact. It has its native coin Ether.
BlockApex team is specialised in understanding Ethereum virtual machine (EVM) based smart contract audit. Our team executes ethereum audit-specific strategies with varying scopes; incorporating Static Analysis/Manual Code review, System Abstraction & Cross-Contract Analysis in ethereum audit.