QuillAudits Team

Read Time: 6 minutes Over $40M in losses– that’s the eye-popping sum lost to a relatively new, craftily designed zero transfer phishing scam. Now, you might be familiar with phishing scams, the age-old trickery that preys on unsuspecting victims, but this new player takes it up a notch. This scam comes as an intricate twist in the ongoing saga […]

Read Time: 7 minutes It’s time to dig into the thrilling realm of smart contract security! The data doesn’t lie. To put it bluntly, a whopping $13B in crypto assets was lost to web3 hacks due to smart contract vulnerabilities between 2016 and 2023. If we take a closer look at these incidents, many of these hacks occur due

Read Time: 6 minutes Have you ever felt hesitant when signing a crypto transaction, and all you could see was some hexadecimal strings? Trusting your instincts or the dapp itself might have been your only option, especially if you’re not from a technical background. Well, here comes the time to finally bid farewell to those moments of doubt and

Read Time: 3 minutes One of the infamous crypto incidents that sent shockwaves through the digital financial major landscape, around $162M Ether, was locked away/frozen in Parity digital wallets due to a code vulnerability in Parity wallet software.  Just like a bank vault without a key, the issue of frozen Ether has left countless crypto investors stranded.  But how

Read Time: 5 minutes In the ever-evolving world of technology, change is the name of the game. Think about how our humble landline phones transformed into sleek smartphones, all thanks to changing user demands.  Similarly, blockchain technology also needed something better, and that led to the creation of Layer 2. Layer 1 (L1) is the foundational infrastructure of a

Read Time: 5 minutes In 2022, the crypto world witnessed its biggest hacking spree, resulting in a staggering $3.8B loss. Amidst the protocol compromises and bug exploits, there’s a lesser-known but highly impactful form of attack that deserves our attention: Oracle manipulation. Oracle manipulation involves tampering with the data used by DeFi protocols, and in 2022, it cost DeFi

Read Time: 5 minutes If you were asked to answer which is the most promising technology, AI or Web3, you might be grappling with the decision.  However, what truly captures the imagination is the boundless potential that emerges when these two technologies unite. Generative AI, with its inherent ability to harness vast datasets, produces unique, informative content at unparalleled

Read Time: 6 minutes The global blockchain market, which saw an estimated value of $4.8B in 2022, is now on an astounding trajectory, projected to surge at a CAGR of 85.7%, reaching $2334.46B by 2031. The data undeniably reflects the explosive growth of the Web3 landscape. As this transformative wave gains momentum, many projects are emerging in the blockchain