CertiK audited a total of over 3700 projects to date and reported on many incidents. In this report you will learn about: The most lucrative hacks in Q2 2022...

Redemption suffered from a massive coordinated flash loan attack resulting in the loss of approximately 4 million 2OMB tokens, or $1,600,000 in equivalent, at the peak of the attack.

The British Army became an unlikely victim of a hack to promote NFTs with their official Twitter and YouTube accounts being compromised.

On 02 July 2022 08:08 PM +UTC, Crema Finance was hit with the first of multiple malicious flashloan attacks. Each flashloan targeted a different liquidity pool on the platform, with ~$8.8m drained.

On May-05-2022 +UTC, approximately $1.35M worth of assets were stolen from the DoD token with two EOAs involved.

On 07 April 2022, the Starstream Treasury was exploited leading to a total loss of ~$15m.

On May-24-2022 05:48:30 PM +UTC, the DecentraWorld token price dropped over 97%. DecentraWorld project was identified as rugpulled, leading to a little over >$1M USD loss (~3127 BNB).

The June Stats Graphic shows datas of hacks in June, 2022.

Bite Size Blockchain A new CertiK series giving users bite-size tips and info to stay informed and safe in the #crypto space. Episode 2: What is Web3? Check it out to learn what #Web3 is, how it will change the internet, the benefits, use of #NFT's, and more! https://www.certik.com/resources

Twitter hacks related to Web3 accounts have been on the rise, growing more popular due to the fact that they can be done remotely, that they are not easily detectable, and are surprisingly easy to do. Protect yourself.

An attacker was able to manipulate the project’s oracle allowing them to borrow a number of different tokens with inflated collateral and swap them leading to a drain of ~$3M (1,048.1 ETH and 400,000 DAI).

On 30 April 2022, Fei Protocol announced that they were aware of and looking into an exploit on various Rari Fuse pools, that turned out to be a common re-entrancy attack.

A bridge exploit occurred on Harmony’s Horizon bridge amounting to the loss of approximately $97M.

On May 7th 2022, in one of the biggest upsets in crypto history, the Luna/Terra ecosystem came crashing down. This article will take you through what happened in the Luna/Terra crash, the lessons to be learned from it, and what users and web3 projects can do to help better protect themselves from the fallout of such upheavals going forward.

In total, ~$1.5m was removed from the Pragma Treasury and the Risk Free Value wallet by core members of the team before sending it to a Binance hot wallet on FTM.

WCEF 2022: Blockchain Security Insights and Best Practices Monier Jalal, VP of Marketing at CertiK, discusses: -Highlights of the most impactful hacks in 2022 -Overview of common vulnerabilities -Development best practices

On Tuesday, June 21st, 2022, the LV Metaverse (LV PLUS) was rugpulled, causing a loss of around $1.5M USD.

On Apr-02-2022 11:04:09 AM +UTC, Inverse Finance, which enables users to borrow assets against their tokens, was exploited, leading to ~$14.5M worth of asset loss.

On 20 June, Whale Finance experienced two separate exploits on the project's stablecoin AMM contracts which has led to ~$12k in losses.

Introducing the Skynet Trust Score The Skynet Trust Score is an updated version of the Security Score that users are currently familiar with on CertiK's Security Leaderboard. Check out our new video and blog explaining it: https://certik.com/resources/blog/6QngchVV4Yuzt2P3uputor-introducing-the-skynet-trust-score

On 16 June 2022 a threat actor exploited Inverse Finance with a flash loan attack which netted them to ~53 bitcoin or $1.1 million, and ~10,000 tether (USDT).

Here are 5 simple indicators for determining whether a KYC certificate is fake or unreliable

Announcing Revelation, a global hackathon by BNB Chain; a 50-day event packed with online workshops, in-person meetups, and $10 million in prizes and seed funding for the best competing teams. This event also kicks off BNB Long-term Grants and BNB GrantDAO, a long-term community grant initiative supporting multi-chain innovation. The dawn of MetaFi and Web3 is upon us, and the BNB Chain community is venturing into a new frontier.

Understanding web3 security can be confusing for newcomers. On the one hand, the practices of decentralization that web3 is built on making it fundamentally more secure that its web2 predecessors.