Web3 represents a new paradigm for applications on the internet that reflects a shift from centralized to decentralized networks, enabling direct peer-to-peer interactions. Tokenization is a popular technology within this framework. It is being used to turn a wide variety of assets into tradable tokens on blockchain networks. For example, tokenization can transform real estate, […] The article The Rise of Tokenization of Real-World Assets first appeared on CoinFabrik Blog ..read more

In the early days, the most common types of cryptocurrency businesses were exchanges. CoinFabrik and CoInspect stand out as pioneers, being the world's earliest known blockchain R&D, and security service companies. Both were established in 2014 and have continued to thrive in a volatile industry. A year later, in 2015, both OpenZeppelin and ConsenSys made their debut. The article Oldest Blockchain Companies first appeared on CoinFabrik Blog ..read more

The Stacks Blockchain[1] is a layer-1 platform designed to work alongside the Bitcoin blockchain, enabling smart contracts and decentralized apps on Bitcoin. To facilitate this, Stacks employs its native smart contract language called Clarity[2]. Unlike some other contract languages, Clarity is decidable, allowing developers to predict contract behavior without execution, thereby enhancing security and reducing unforeseen behaviors. The article ‘tx-sender’ in Clarity Smart Contracts first appeared on CoinFabrik Blog ..read more

Sadly, today the Exactly protocol was hacked. The last public known audit is from May 2023. BlockSec pointed to the following root cause and that code was added in this commit on June 26, 2023. You can follow the news in Twitter here and Google news. The Web3 security community was eager to collaborate on […] The article Exactly Protocol Exploited: the Root Cause in the Smart Contract Commit first appeared on CoinFabrik Blog ..read more

The article Fantastic devtools and how to build them first appeared on CoinFabrik Blog ..read more

Executive Summary CoinFabrik was asked to audit the contracts for the AllBridge project. Allbridge serves as a platform that facilitates the connection between different blockchain networks. It links EVM-compatible blockchains, such as Ethereum, Polygon, and BSC, with non-EVM blockchains, namely Solana, Terra, and the newly added, Stacks. During this audit we found no critical issues, […] The article AllBridge Audit first appeared on CoinFabrik Blog ..read more

Hello Solana Community, As CoinFabrik, we’ve dedicated over two years to the enhancement of Solana’s ecosystem through meticulous security auditing, extensive research, and comprehensive development. During this journey, we’ve identified several significant challenges that stand in the way of our ecosystem’s growth, causing friction for developers and startups, and impacting investors. We believe that addressing […] The article Boosting Solana’s Growth: How to Remove Friction for Developers and Startups first appeared on CoinFabrik Blog ..read more

Building a tool to detect security vulnerabilities is all about finding bugs, while helping the developer team not to make mistakes and not imposing a high burden in terms of reviewing findings. Last time we introduced this tool for finding security vulnerabilities in ink! smart contracts. In Scout Audit’s inception, then, we were set to […] The article Bigger, Better and Faster Vulnerability Detection in ink! Programming Language first appeared on CoinFabrik Blog ..read more

Executive Summary CoinFabrik was asked to audit the contracts for the Mintra project. The audited files are from the git repository . During this audit we found two critical issues, two medium issues and several minor issues. Also, several enhancements were proposed. The two critical issues were resolved. One of the medium issues was resolved, […] The article Mintra Audit first appeared on CoinFabrik Blog ..read more

Executive Summary CoinFabrik was asked to audit the contracts and the back-end for the ALEX bridge’s project. The audited files are from the git repository located at https://github.com/alexgo-io/alex-cloud/. The audit is based on the commit e2372e68a19a4f7cbcee75c46ad6d94c5c420e80. This project is a Stacks-Ethereum hybrid bridge which allows users to transfer their assets across those blockchains. The whole bridge project consists of the audited endpoints, an interaction with the Wrapped vendor, and off-chain components that monitor on-chain transactions and approve the asset transfer. During ..read more