Jimbo's Protocol is a decentralized finance (DeFi) system built on the Arbitrum chain. The protocol uses a semi-stable floor price for its ERC-20 token, $JIMBO, backed by a treasury of Ether (ETH). However, despite its pioneering efforts to maintain on-chain liquidity and price floors, Jimbo's Protocol recently faced a Flash loan attack.
The critical role of Oracles in Real-World Asset Tokenization
This blog explores the fascinating world of fuzz testing methodologies and frameworks. We delve into stateless and stateful fuzzing. Bounded Model Checking (BMC) is introduced as a technique to verify systems against predefined specifications. Additionally, we discuss the essence of End-to-End (E2E) testing, combining structured scenarios with fuzz testing's unpredictability. Lastly, we compare renowned fuzzing tools, Echidna and Foundry, highlighting their unique features and differences.
Fuzz testing, or fuzzing, is a technique used to improve the security of software, including smart contracts in Solidity. It involves supplying random or unexpected data as inputs to a system in an attempt to break it and uncover vulnerabilities that manual testing might miss. Fuzzers generate a set of inputs for testing scenarios that may have been missed during unit testing, helping to identify bugs and potential security issues.
War Room is an immersive, high-energy environment incorporating a dedicated team of experts that comes together to form the backbone of the War Room. Read more in this part
Fixing a bug in traditional software development is often likened to solving a difficult puzzle, each presenting its own challenges. This task has always been complex and time-consuming. However, resolving bugs in a blockchain system is even more demanding due to its transparent & permissionless nature and the high stakes involved with users' funds.
Infiltrating the EVM-I: Demystifying Smart Contracts & Auditing comprises of information about compilation breakdown of solidity code, the vulnerable components of blockchain ecosystem and how Smart contract auditing is crucial.
Learn advanced strategies for blockchain security guardians in this groundbreaking article series by BlockApex Labs. Gain insights into the Ethereum Virtual Machine (EVM), smart contract vulnerabilities, and thorough auditing techniques. Stay ahead in the evolving world of blockchain security and prevent financial losses with comprehensive knowledge. Join us for the article series and course today.
Web 3.0 is a semantic web where it promises to establish information in a better-existing way than any current search engine can ever attain. Web 3.0 promotes four concepts which mainly are authenticity, i.e, every piece of information existing on the internet is a fact or derived from a fact. Integrity, willingness to abide by moral principles, and ethical values. Transparency, the data present on the internet is accessible for every user to witness. Lastly, Confidentiality which is achieved by Blockchain technology, where every user’s identity is anonymous, making it secure.
An off-chain transaction deals with values outside the blockchain and can be completed using a lot of methods. To carry out any kind of transaction, both functioning entities should first be in agreement, after that a third-party comes into the picture to validate it.
