The Quantstamp Blog

Quantstamp Announcements

How to Be an ETH 2.0 Validator on the Topaz Testnet

The Topaz Testnet is a public Ethereum 2.0 testnet created by Prysmatic Labs. It is a testnet version of Ethereum 2.0 Phase 0 which is planned to launch on mainnet later this year. Anyone can participate in the Topaz Testnet as a validator, and this article will walk you through the process.

May 28, 2020
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Quantstamp Announcements

Smart Contract Audit Cost

Quantstamp conducted over 120 audits and secured 2 billion USD worth of digital assets since we were founded in 2017. The purpose of this post is to explain the audit pricing process for potential clients.

May 22, 2020
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Quantstamp Labs

Securing Your DeFi Project Starts with Quality Testing

Tests are undervalued. Quantstamp secured over 2 billion USD worth of digital assets since 2017. Through our experience securing smart contracts, we noticed that developers highly underestimate the importance of test suites.

May 18, 2020
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Quantstamp Announcements

How the dForce hacker used reentrancy to steal 25 million

The hacker exploited a reentrancy vulnerability in order to manipulate Lendf.Me’s internal record of the hacker's collateral. After the hacker created this false collateral record, the hacker withdrew nearly all assets from the platform.

April 22, 2020
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Quantstamp Announcements

Quantstamp Joins DID Alliance

Quantstamp is proud to announce that it is joining the DID Alliance, an open industry association focused on the development and maintenance of new industry standards for interoperable decentralized identity. With Korean and Silicon Valley companies as founding members, DID Alliance aims to develop and distribute decentralized ID technology that benefits companies globally. 

April 21, 2020
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Quantstamp Announcements

Quantstamp Secures and Protects DAI Backstop Syndicate

DeFi community rallies to fill a shortfall forming the DAI Backstop Syndicate, protecting the DAI. Quantstamp provides smart contract coverage warranty via Chainproof while helping to secure the software with support from Maker.

April 8, 2020
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Quantstamp Announcements

Quantstamp Joins the #CryptoAgainstCOVID Alliance

Quantstamp is proud to announce that we are contributing to the Binance Charity Project, Crypto Against COVID. Donations made through this global campaign will be used to purchase medical equipment and supplies that will be distributed throughout countries that are currently most heavily impacted by the virus.

April 6, 2020
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Quantstamp Announcements

Quantstamp Joins MyID Alliance

Quantstamp is proud to join the MyID Alliance, a Digital ID initiative by ICONLOOP. As the world moves towards more online and less face-to-face interactions, Digital ID will be a key enabling technology. 

March 31, 2020
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Quantstamp Announcements

Market Dynamics of the 1st bZx Hack: Flash Loans and the Insolvent Loan

In this series, we describe the market dynamics of the 1st bZx attack so we can avoid attacks with market manipulation components in the future.

March 24, 2020
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Preview
Quantstamp Joins the #CryptoAgainstCOVID Alliance

Quantstamp Joins the #CryptoAgainstCOVID Alliance

Quantstamp is proud to announce that we are contributing to the Binance Charity Project, Crypto Against COVID. Donations made through this global campaign will be used to purchase medical equipment and supplies that will be distributed throughout countries that are currently most heavily impacted by the virus.

Quantstamp Announcements
April 6, 2020
Preview
Quantstamp Joins MyID Alliance

Quantstamp Joins MyID Alliance

Quantstamp is proud to join the MyID Alliance, a Digital ID initiative by ICONLOOP. As the world moves towards more online and less face-to-face interactions, Digital ID will be a key enabling technology. 

Quantstamp Announcements
March 31, 2020
Preview
Market Dynamics of the 1st bZx Hack: Flash Loans and the Insolvent Loan

Market Dynamics of the 1st bZx Hack: Flash Loans and the Insolvent Loan

In this series, we describe the market dynamics of the 1st bZx attack so we can avoid attacks with market manipulation components in the future.

Quantstamp Announcements
March 24, 2020
Preview
Top 3 DeFi Trends

Top 3 DeFi Trends

This post discusses how flash loans, zaps, and DeFi aggregators are leveraging composability in order to simplify the user experience and ultimately make DeFi markets hyper-efficient.

Quantstamp Labs
March 13, 2020
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Bringing Bitcoin to DeFi

Bringing Bitcoin to DeFi

DeFi is blockchain’s first killer app, with assets locked up approaching $1 billion USD. But one major asset is missing: Bitcoin. Bitcoin is not only the first crypto asset, but the largest - with over $168 billion USD of Bitcoin in circulation it has deep pools of liquidity. It is one of the least volatile cryptocurrencies and has a large network of fiat on and off ramps. All these properties make it a great crypto-collateral. We think Bitcoin has the potential to transform the DeFi landscape as the most widespread and liquid asset available today.

Quantstamp Announcements
March 11, 2020
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DeFi’s Double-Edged Sword

DeFi’s Double-Edged Sword

Composability allows for DeFi projects to leverage one another to create powerful new functionality. However this composability also introduces more risk. These issues have existed for a while, but have been made easier to exploit through the introduction of flash loans. While flash loans themselves do not introduce new vulnerabilities, they level the playing field for attacks which previously required large amounts of capital. 

Quantstamp Announcements
March 4, 2020