We at QuillAudits, understand how critical security is in the Web3 ecosystem. Our experienced auditors deeply scrutinise every audit we perform on the BSC blockchain. After audit completion, we share comprehensive and actionable reports to improve the security of your Web3 project.
The notion behind BSC was to bring DeFi into the blockchain ecosystem of Binance. It gained huge popularity in a few years, but it also grabbed the attention of attackers, thus being one of the most targeted platforms for smart contract vulnerabilities.
Most Web3 projects choose Binance due to its audience and accessibility. But the chain fails to provide a security guarantee to the projects. Therefore, project owners need to get the code of their Web3 project audited by a trustworthy firm.
Robust
At QuillAudits, we do a keen check into the BSC smart contracts to locate the hack vectors and nullify the chance of the contract facing any serious issue. With a strong team of experienced and expert auditors to audit BSC smart contracts, we ensure the process leaves a mark of excellence with significant outcomes.
BSC uses a unique Proof of Staked Authority (PoSA) consensus algorithm that empowers it to create new blocks every three seconds. Our audits will ensure a smooth and accelerated development and deployment of your project on the Binance Smart Chain, preventing catastrophic vulnerabilities.
Rapid
Bug Resolving
The BSC smart contract project code is scrutinized manually as well as through the use of automatic scanners to find out the presence of any possible threats or errors. Our team presents the details and the risks associated with your smart contract that would cost financial expenditures.
A BSC smart contract audit helps to gain the trust of the target audience and ensure the project’s safe launch on the blockchain. The security reports submitted after the review phase summarizes the security strength and efficacy of the code performance based on the analysis.
Analysis report
A BSC smart contract audit can help you get better insights into whether your smart contract is well optimized to handle the target audience.
Your BSC smart contract project will undergo rigorous tests to find out any possible vulnerabilities or errors. This process will reveal the loopholes and risks associated with your smart contract.
When testing a project, we focus primarily on its smart contract audit and business logic validation. Since QuillAudits has been in the auditing business for years, the majority of the vulnerabilities and bugs are known to us, and very rarely, we come across bugs that are new to us.
Our in-house team comprises experts with different competencies, and we thoroughly audit your project. We conduct testing for your project on different grounds such as validating the crypto algorithms, pen testing and simulating various possible attack vectors on your application.
We consider the business logic and the gas usage as per the requirement of the project, which further helps us to strengthen and optimize the mechanism of your smart contract.
ID | Title | Relationships |
---|---|---|
SWC-100 | Function Default Visibility | CWE-710: Improper Adherence to Coding Standards |
SWC-101 | Integer Overflow and Underflow | CWE-682: Incorrect Calculation |
SWC-102 | Outdated Compiler Version | CWE-937: Using Components with Known Vulnerabilities |
SWC-103 | Floating Pragma | CWE-664: Improper Control of a Resource Through its Lifetime |
SWC-104 | Unchecked Call Return Value | CWE-252: Unchecked Return Value |
SWC-105 | Unprotected Token Withdrawal | CWE-284: Improper Access Control |
SWC-106 | Unprotected SELFDESTRUCT Instruction | CWE-284: Improper Access Control |
SWC-107 | Reentrancy | CWE-841: Improper Enforcement of Behavioral Workflow |
SWC-108 | State Variable Default Visibility | CWE-710: Improper Adherence to Coding Standards |
SWC-109 | Uninitialized Storage Pointer | CWE-824: Access of Uninitialized Pointer |
Each year, millions drain down the crypto hacks. Here are a few examples how hackers took advantage of the loopholes in the code to escape with millions:
In March 2022, $615M were stolen from Ronin Network, a platform powering the popular mobile game Axie Infinity.
In August 2021, the criminals transferred $611M-worth of Poly Network tokens to three wallets they controlled.
In September 2020, $275m worth of cryptocurrency was stolen from the Singapore-headquartered exchange KuCoin.
Caption: Values calculated according to cryptocurrency prices at the time of the theft
Source: Statista/Bloomberg, Business Insider, TechCrunch, CNBC, Ronin Network, Vice.
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