QuillAudits Team

Read Time: 7 minutes “Ethereum Request for Comments”, or ERC, is essentially a set of rules that smart contracts built on Ethereum blockchain need to follow. These rules dictate how tokens and contracts are created and used in the Ethereum network. Think of ERC-20 as the foundational element for creating new tokens on Ethereum. It provides basic instructions and […]

Read Time: 2 minutes Summary On the 25th of August, Magnate Finance executed an exit scam ( Rug Pull ). The scam was made possible when the developer modified the price oracle address to manipulate the prices directly. The TVL was dropped by around $6.4 Million.  The deployer is also linked with past rug pulls of –  The complete

Read Time: 5 minutes In the dynamic realm of blockchain technology, the Ethereum Virtual Machine (EVM) stands as a vital platform, powering the development and execution of decentralized applications (dApps) and smart contracts. That said, the demand to address challenges of upgradability, gas efficiency, and modularity within the EVM ecosystem also grows more pressing. This is where the Ethereum

Read Time: 4 minutes The connection between Web3 adoption and security has become more apparent, impacting the technology’s overall success. A significant indicator is the decline in losses to Web3 hacks, from $1.9B in H1 2022 to $737M in H1 2023.  It showcases the growing understanding of blockchain protocol’s security. As projects within the Web3 ecosystem recognize the criticality

Read Time: 4 minutes Summary: On the 25th of July 2023, the Palmswap on the Binance Smart Chain was attacked. The attack was made possible by a Price Manipulation vulnerability. And around $900k was stolen by the exploiter from the exploit. About Project: Palmswap is a decentralized leverage trading platform. To learn more about them, check out their documentation.

Read Time: 5 minutes The two transformative technologies– Blockchain and AI are both here to be the future and reform the way things work.  These two technologies combined have already garnered significant investor interest. Believe not? According to reports, so far in 2023, AI-powered crypto projects have attracted $422 million in investments by venture capitalists. Worldcoin– a verification and