Ironblocks @Ironblocks_

@Ironblocks_ 🛡️ @OpenZeppelin Interested in learning how an on-chain firewall can prevent exploits before reaching your smart contracts using @VennBuild decentralized transaction validation? Read the Onchain Firewall Audit blog post and check this thread for a system overview, including security policies and unique execution hooks to prevent attacks.⬇️

What is Venn & how will it make Web3 safer? 🤖 ⚡ Venn is a decentralized security infrastructure that leverages the crypto-economic security provided by @eigencloud. It protects blockchain applications & protocols from current & evolving threats. Let’s dig into how Web3 is on the cusp of a paradigm shift in security. 🧵 1/16

This is what happened when your firewall is centralized 😬

Venn Network aims to protect blockchains by vetting transactions before they execute to prevent attacks that are plaguing the ecosystem. “It’s about making sure that the assets themselves are protected,” CEO @ordadosh told @CoinDesk. Learn more below. coindesk.com/business/2024/…

🚨 SECURITY ALERT 🚨 The websites of both @compoundfinance and @CelerNetwork appear to have been compromised in a DNS attack stemming from an issue with SquareSpace. Celer has assured that funds are safe, and we are still awaiting further updates from Compound. Ironblocks is looking into both situations and will share more info when it becomes available.

Ironblocks 🤝 @VennBuild Web3 security just took a huge leap forward! Together with the Ironblocks Firewall, Venn Network’s decentralized infrastructure is set to change crypto security. Check out how Venn is transforming security for blockchain protocols and dApps in their blog below 👇

Venn Network @VennBuild

2 years ago

We are excited to announce the launch of the Venn Network – the first decentralized cybersecurity infrastructure for blockchains and dApps. Foundational launch partners include @eigencloud & @ether_fi 🤝 Learn more & read the Litepaper: medium.com/@VennBuild/ven… 1/3

446 2K 5K 272K 157

Meet Approved Patterns, our latest AI-driven security policy in The Ironblocks Firewall 🧩 – Continuously learn & integrate transaction patterns on-chain – Detect novel threats and zero-day attacks – Maintain operational continuity Integrate today: ironblocks.com/blog/approved-…

DeFi users, what security feature do you think is most important for blockchain applications? 🤔 Let us know and share your comments below!

Transformation in DeFi security with The Ironblocks Firewall 🧩 Let's dive into the first batch of security policies – EOA Only, Balance Change, Allow List and Block List & Forbidden Methods. Fast deployment, strong defence, and flexible security. More: ironblocks.com/blog/ironblock…

The new Ironblocks' Website is now live! The modular security layer for Web3 🧩 Learn more about Ironblocks & start firewall-ing your smart contracts and rollups today: ironblocks.com

Ironblocks Firewall 🔒 @OpenZeppelin We are excited to announce the successful completion of the Ironblocks Firewall security audit by OpenZeppelin. All of the identified issues during the audit and two threat modelling sessions have been resolved. Find all of the details here: storage.googleapis.com/www-ironblocks…

At Ironblocks, we're committed to pioneering innovative solutions to Web3 security challenges. The Ironblocks Firewall offers comprehensive protection against evolving threats, empowering DeFi protocols to navigate the decentralized landscape with confidence. Learn more about firewalling your smart contracts and explore our self-service platform here: ironblocks.com [Cred: @Quantstamp, @CertiK, @quillaudits_ai] 6/6

Current security measures, such as monitoring services, audits, and formal verification, often operate independently, relying heavily on single vendors –– leading to a notable gap in protection during smart contract runtime. As we reflect on the challenges of Q1 2024, it's clear that securing the Web3 ecosystem requires a multi-faceted approach. 5/6

The State of Web3 Security, Q1 2024 🌐 – Over $720M was lost in Q1 alone from on-chain incidents, with DeFi protocols suffering 40% of the total hacks, resulting in $300M+ in losses – Smart contract hacks, rug pulls, and key compromises are the top significant risks, with smart contract vulnerabilities accounting for $83.6M in losses in Q1 – These incidents underscore the urgent need for robust security measures in the decentralized ecosystem 1/6

The breach in @loopringorg's Smart Wallets highlights the complex security challenges of smart wallets and account abstraction. While smart wallets improve user experiences and introduce new functionalities, they also present new security vulnerabilities and challenges for users. At Ironblocks, we are building solutions to tackle these emerging security challenges with the Ironblocks Firewall. Stay tuned to learn more!

Loopring💙 @loopringorg

2 years ago

🚨Incident Alert: Loopring Smart Wallets Compromised🚨 A few hours ago, some Loopring Smart Wallets were targeted in a security breach. The attack exploited wallets with only one Guardian, specifically the Loopring Official Guardian. The hacker initiated a Recovery process,

86 129 324 225K 52

"Once you get hacked in most of the cases you're done," Ironblocks CEO @OrDadosh told @CoinDesk. "And this is what we're trying to prevent." Learn more about Web3's first-ever open-source, modular, permissionless firewall in the article below 🧩 coindesk.com/business/2024/…

Web3 Firewalls are going to be essential protection for smart contracts, here’s why: Web3 security is facing unprecedented challenges – $730M lost to on-chain incidents in Q1 2024 (@PeckShieldAlert). Advanced tools aren't enough, there's a need for upgradeable architecture. So how do you prevent attacks post-deployment? 1/7