SmartState ‒ Blockchain / Crypto / Web3 security🛡 – Telegram
SmartState ‒ Blockchain / Crypto / Web3 security🛡
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SmartState - Top-notch smart contract audits & blockchain security solutions 🔒🚀
1000+ security audits - 0 hacks of audited code
Get in touch: info@smartstate.tech / https://smartstate.tech
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👾 Crypto Security Bingo is here!

Avoid these popular traps like lack of proper checks, clicking phishing links, saving seeds in screenshots.

Play, learn, & stay safe 🛡
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📡 Ever wondered how validators can manipulate blockchain transactions for additional profit?

Our latest article dives into MEV attacks, their impact on DeFi, and solutions to ensure integrity in Web3 👇

▶️ Read the article on Medium: Understanding MEV attacks

Stay tuned for more updates from SmartState 💚, follow us on social media to learn about our latest security services and success stories:

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🪙💻 Building on Solana? Deciding between Anchor and native Rust for your programs? Let’s break it down! Anchor simplifies dev with macros & tools, while native Rust offers max control. Here’s a quick guide to help you choose:

What’s Anchor? It’s a Rust framework for Solana that cuts boilerplate & boosts productivity. Offers declarative syntax, auto account validation, TypeScript bindings, and more. Perfect for DeFi, NFT, or quick prototyping.

Native Rust gives you full control over Solana programs. You handle accounts, serialization & CPI manually. Ideal for custom logic or performance-critical apps, but needs deep Solana knowledge.

Anchor’s edge:

🔸 Less code with macros
🔸 Built-in basic security checks
🔸 Testing framework & TS support

Downside? Less flexibility for niche use cases.

Native Rust’s strengths:

🔸 Ultimate flexibility
🔸 Fine-tuned performance

But, you’ll write more code & handle security yourself. Risky if you miss a check. Best for low-level protocols.

When to use Anchor?

- New to Solana
- Building DeFi / NFT
- Want fast dev & safety

When to use native Rust?

- Need custom logic
- Performance is critical
- You’re a Solana pro or interested in becoming one 😎

In sum:

Anchor’s ecosystem, tools & simplicity make it the go-to for most Solana devs

Native Rust is for those who need total control (and can handle it).

Want to dive deeper?

▶️ Check Anchor docs: https://anchor-lang.com

▶️ or Solana docs: https://docs.solana.com
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❗️ Bitcoin Depot reports data breach exposing personal data of nearly 27,000 crypto users

▶️ Read an article: Bitcoin Depot discloses data breach that doxed 27K customers

The breach compromised names, phone numbers, and driver’s license numbers, and may have also exposed addresses, birth dates, and emails
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🔐 Random smart contract security fact: pseudo-randomness is a quite common security issue in blockchain development.

Know more about pseudo-randomness and entropy illusion vulnerability in our recent article 👇

▶️ Read on Medium: What is entropy illusion vulnerability?

Stay tuned for more updates from SmartState ☺️ , follow us on social media to learn about our latest security services and success stories:

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❗️ Wiz Research has detected an active malicious cryptomining campaign targeting both Linux and Windows systems:

▶️ Read the article - Soco404: Multiplatform Cryptomining Campaign Uses Fake Error Pages to Hide Payload

Wiz links their recent findings to a broader crypto-scam infrastructure.
Stay cautious, stay safu 🛡
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🔐 Access control vulnerabilities are among the top causes of smart contract hacks in DeFi. Let’s take a quick look at what improper access control attacks are & how to mitigate them 👇

Access control is how a smart contract defines and restricts who can call critical functions (e.g. withdrawing funds or updating settings).

Hackers seek and exploit access control vulnerabilities to gain unauthorized access to critical functions and data within the contract and abuse the contract processes.

🔽 Common improper access control cases:

- No access modifiers: functions left public when they should be private / restricted
- Weak role management: admins / minters are not properly verified
- Initializer exploits: unprotected initialization functions that anyone can call post-deployment

Prevention:

- Ensure initialization functions can only be called once and only by authorized entities
- Use access control patterns like Ownable or RBAC to manage permissions
- Use modifiers like onlyOwner or custom roles to sensitive functions
- Test and audit your code 🔍

❗️ Important: If you vibe code smart contracts for your crypto project using AI, keep in mind that LLMs cannot handle this part for you as there is no one-size-fits-all approach to implementing access control, and there are too many varied examples over the net.

👍 And several useful pro tips for access control design:

- Proper design = fewer sleepless nights for devs & users
- Consider every function as a potential entry point
- Explicitly define access rules for all sensitive operations
- And never trust user input without validation 🛡
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💻 Do you know how price oracle manipulation vulnerability can compromise the integrity of your entire DeFi project?

Our latest security article breaks down this critical issue and provides actionable tips for prevention 👇

▶️ Read on Medium: Price oracle manipulation vulnerability in smart contracts

Stay tuned for more updates from SmartState ☺️ , follow us on social media to learn about our latest security services and success stories:

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⚠️ Massive supply chain attack reported. Hackers hijacked npm packages with ~2.6B weekly downloads. Injected malware intercepts crypto / Web3 browser activity, manipulates wallets & rewrites payment destinations.

▶️ Read an article: Hackers hijack npm packages with 2 billion weekly downloads in supply chain attack

Stay vigilant, stay SAFU 🔓
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💳 In a few days, SWIFT has planned a global shift to the ISO 20022, which aims to change the TradFi. What is this standard, how does it relate to the blockchain industry, and what twists might it bring? Learn more in our recent article:

▶️ Read on Medium: A SWIFT shift: what is ISO 20022 and how is it related to the blockchain industry?

Stay tuned for more updates from SmartState ☺️, follow us on social media to learn about our latest security services and success stories:

🤖 SmartState on X
🟦 LinkedIn
✈️ Telegram
🥳 Medium
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