QuillAudits Team

We are an experienced team of dedicated blockchain security experts and developers committed to securing DeFi & NFT protocols from potential future threats through robust Smart Contract audits.

Decoding KyberSwap’s $47M Exploit

Read Time: 7 minutes Summary: On the 23rd of November 2023, KyberSwap was attacked on several chains. The attack was made tick manipulation flaw in the contracts. Over $45M dollars were stolen. About Project: KyberSwap is a decentralized market maker. For more information, check out their website. Vulnerability Analysis & Impact: On-Chain Details: Attacker Address:   0xc9b826bad20872eb29f9b1d8af4befe8460b50c6 Victim Contract: […]

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Upgradable Smart Contracts

What Are Upgradable Smart Contracts and How to Put Them into Practice?

Read Time: 6 minutes We know smart contracts are lines of code on the blockchain that execute transactions automatically. These contracts are known for their immutable nature, and once they’re set in action, they stay that way forever.  On the other hand, we’ve got something called upgradable contracts. It means developers can tweak the code if needed. Bugs show

What Are Upgradable Smart Contracts and How to Put Them into Practice? Read More »

Types of Layer 2

How Different Types of Layer 2 Solutions are Redefining Blockchain’s Future

Read Time: 5 minutes Ethereum stands out among smart contract blockchains, largely due to the substantial impact of Layer 2 solutions on its rise. These solutions, such as Optimism and Arbitrum, boast a larger Total Value Locked (TVL) on Ethereum than major Layer 1 blockchains like Solana. Layer 2 solutions are designed to enhance Ethereum’s capabilities, aiming to make

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Modular Account Abstraction With ERC-6900

Exploring Modular Account Abstraction With ERC-6900

Read Time: 5 minutes It’s been a significant year for Account Abstraction(AA) with the introduction of the ERC-4337 Ethereum standard, signalling new possibilities for all the users of the network.  Now, while ERC-4337 was making waves, Ethereum’s community were hard at work creating Ethereum Improvement Proposals (EIPs) that aimed to fine-tune and optimize the deployment of AA.  These proposals

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TrustPad's $155k Exploit

Decoding TrustPad’s $155k Exploit

Read Time: 4 minutes Summary: On the 7th of November 2023, TrustPad was attacked. The attack was made possible due to a logical flaw in the staking contract. Around $151k worth of tokens were stolen by the attacker. About Project: TrustPad is a multi-chain launchpad. For more information, check out their website. Vulnerability Analysis & Impact: On-Chain Details: Attacker

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Web3 Security Breaches

The Most Notorious Web3 Security Breaches of 2023

Read Time: 4 minutes Over the past three quarters in 2023, the web3 losses totalling a  whopping $1.4 billion. These losses were caused by various attacks that took a toll on digital investments. Rug pulls, smart contract vulnerabilities and private key compromises were the main commonly observed attack vectors from all these hacks.  In this blog, let’s take a

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Telegram Trading Bots

Telegram Trading Bots: Safe Bet or Risky Game?

Read Time: 6 minutes According to Binance research, as of August 2023, Telegram trading bots have been orchestrating transactions worth a staggering $283M. It’s a sum that might get you curious, but the question is: how did these bots suddenly find themselves in the crypto-verse spotlight? The story unfolds with trading bots like Maestro and UNIBOT igniting a FOMO(Fear

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Graviton Volume 2

Win Web3 In Style: Graviton Volume 2 Awaits Ambitious Founders!

Read Time: 3 minutes As the Asian web3 market garners attention, piercing through the blockchain industry’s elite 1% might seem formidable, particularly amidst the flux of the current bear market. Nevertheless, for the truly devoted and visionary founders, Graviton’s upcoming second cohort beckons as a golden ticket to exponential growth. Interested in how? Let’s unveil. Graviton’s Distinct Edge: Why

Win Web3 In Style: Graviton Volume 2 Awaits Ambitious Founders! Read More »

Air Drop Crypto Scam

Key Things To Know About Airdrop Scams and How To Protect Your Crypto Stash

Read Time: 6 minutes Can you believe what went down in 2023?  We’re talking about over $1.2M in losses washed away in the NFT airdrop phishing scam that shook the Polygon network. How do you think the attacker was able to pull off this audacious stunt?  Well, here’s the finding: During the investigation by Scam Sniffer, they uncovered a

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Hopelend Exploit

Decoding Hopelend’s $835k Exploit

Read Time: 3 minutes Summary: On the 18th of October 2023, HopeLend Protocol on the Ethereum chain was attacked. The attack was made possible by a Precision Loss vulnerability. Around $835k was stolen from the exploit. About Project: HopeLend is a decentralized, non-custodial lending protocol. To learn more about them, check out their documentation. Vulnerability Analysis & Impact: On-Chain

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