Privacy & Security
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Web3 Security — Lessons Learned
8 min read Hackers and scammers have found Web3 to be an ideal arena for their nefarious plots of stealing cryptocurrencies and digital assets such as NFTs from unsuspecting users. According to a recent report by the team at Chainalysis, digital thieves stole $3.2 billion worth of cryptocurrency in 2021. In addition, 2022 is perhaps playing…
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Axie Infinity Hack is an Industry Problem
5 min read The Ronin Validator security breach by the North Korean-based Lazarus hacker group and APT38 will go down in DeFi history as one of the largest in terms of total value stolen. According to the team at Ronin, the security breach resulted in the loss of 173,600 Ethereum and 25.5 million USD Coin. This…
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NFTs and off-chain security
3 min read The public nature of blockchain technology means that while every address within a network is pseudonymous, a record of every transaction each address has ever conducted can be easily accessible. Blockchains like Ethereum and BNB Chain maintain public, accurate records of every transaction conducted, which means that anyone can easily find someone’s…
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Lessons from the Wormhole Exploit
4 min read TL;DRWormhole didn’t upgrade to the latest version of Solana standard lib, therefore it didn’t check stuff properly and allowed the attacker to bypass the signature verification process, thus stealing around $300M worth of ETH from the Wormhole Bridge. I finally had some spare time this weekend and decided to do a full dive…
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What is a Mixnet?
2 min read The OMNIA Protocol will provide the means that will allow for blockchain transactions while remaining confidential in both the content and the metadata (i.e., date, time) of the transaction. The technology that can do that is called a mix-net. How does mix-net work? Imagine you have just made an NFT minting request…
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Critical privacy vulnerability — getting exposed by MetaMask
8 min read Lately, I’ve been spending time with my team, researching different NFT airdrop scenarios, and we’ve stumbled upon a pretty dark use case that can compromise the privacy of more than 21 million people — all MetaMask users. It’s quite a potent scenario, too, as it has the potential to be eight times…
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OMNIA Protocol partners with Block Wallet to provide end-to-end privacy
< 1 minute We are proud to announce a new strategic partnership with Block Wallet — a private, non-custodial crypto wallet provided as a browser extension for full financial privacy. This strategic partnership allows us to deliver what we think it’s the ideal solution to achieve end-to-end privacy, by combining both on-chain and off-chain state of the…