Everything You Need To Know About Smart Contract Audits

Chainalysis recently reported that 2022 was the biggest year ever for crypto hacking with $3.8 billion stolen with the majority of the funds coming from DeFi protocols and it begs the question, why isn’t there better cyber security for these projects?

This is the exact reason we brought in our next guest, David Schwed (Chief Operating Officer of Halborn), who sat down with Ian Andrews (Chief Marketing Officer, Chainalysis) and explained everything we need to know about smart contract audits and why projects shouldn’t solely be relying on these audits as part of their cyber security functions. 

David gives us expert insights into proper key management and explains the vulnerability of bridge hacks and the need for decentralized projects to prioritize cyber security instead of making it a secondary thought, especially with escalating crypto hacks. 

• (2:05) – What is Halborn and why should security be built into projects foundationally from the beginning?

Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key.

• Report: The Chainalysis 2023 Crypto Crime Report

• Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) 

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