Quantstamp Community Update - August 2020

Quantstamp Announcements
September 2, 2020

DeFi hacks, Layer 1 audits, and more media coverage. Here’s what happened at Quantstamp in August:


DeFi Hacks


An exploit of decentralized options platform Opyn resulted in 371k USDC being lost. Weeks later, a bug in the rebasing mechanism of Yam Finance, a popular (yet risky and unaudited) yield farming platform, resulted in hundreds of thousands of dollars worth of funds being lost.

DeFi hacks, exploits, and bugs which result in funds lost increase attention to the importance of audits, as well as the fact that not all audits are the same. By working with top projects in the space, we aim to solidify our position as a reputable and high quality security company.

 

Cardano


We are happy to be helping secure Cardano, a highly anticipated Layer 1 blockchain using Proof of Stake. Cardano launched its Shelley mainnet late July, allowing users who own ADA to start staking for rewards. 

In addition to auditing the Cardano blockchain, we also audited Daedalus, the wallet made for Cardano users. 

Avalanche


Quantstamp recently helped secure Avalanche, another Layer 1 protocol using a directed acyclic graph (DAG) and a unique consensus protocol. Avalanche aims to bring DeFi to traditional global finance by integrating compliance into the protocol layer. Through this audit, Quantstamp provides a safe foundation for the globally traded assets that Avalanche intends to manage.  

Avalanche joins the list of numerous Layer 1 decentralized protocols that Quantstamp has audited, along with Cardano and ETH 2.0. 


Curve Finance 


We recently audited Curve Finance’s liquidity mining contracts. These contracts support the staking and voting mechanisms of CurveDAO, Curve’s decentralized governance system. Curve is the leading DEX for stable asset swaps, and we were happy to support their security.  

 

Stablecoins


2020 has been a milestone year for stablecoins, which experienced record-setting transaction volumes of more than $90 billion in Q1 alone. In this recent post, we cover some of the stablecoins we’ve secured including stablecoins pegged to the Indonesian rupiah, the British pound, the Nigerian naira, and the Singaporian dollar. 

DeFi Shaping the Future of Finance

 

DeFi is changing the future of finance, and Quantstamp is proud to be a part of that. Our latest article talks about key projects at this frontier and how they are helping people save better, trade more efficiently, and earn yield on their assets. 

 

Events

Fork the World

On August 5, Communications Manager Jaye Harill introduced ETH 2.0 as part of Fork the World, a hackathon organized by MetaCartel DAO.



Edcon

Quantstamp Communications Manager Jaye Harrill joined Hayden Adams from Uniswap and lawyer Badri Natarajan at Edcon for a conversation about DeFi. Watch the recording here.

 


Blockchain Village 2020

Quantstamp Research Engineers Sebastian Banescu, Poming Lee, and Martinet Lee spoke at Blockchain Village on security issues involving gas, BSV, and systemic threats. Our team also supported the event by volunteering in the Discord. DEFCON Safe Mode was the name for this year. Find more details about their talk on the Blockchain Village site
 


Wine Not Talk about Ethereum?

Sponsored by Cred and Quanstamp, “Wine Not Talk About Ethereum 2.0?” features industry leaders and experts sharing their insights with the crypto communities. To spice things up, there will be wine available for ticket holders—Duckhorn Vineyards (Wine Spectator's 2017 Wine of the Year) will be doing a wine tasting alongside the speaker panel. 

The panel will cover a range of topics related to Ethereum 2.0, the next evolution of one of the most important and innovative ecosystems in blockchain. Register here.

 

In The Media

 

Decrypt Media covered our audit of IDEX 2.0 this month. IDEX is launching a new version of their popular decentralized exchange that will feature optimistic rollups, a Layer 2 scaling solution. We were happy to help IDEX and other projects safely incorporate Layer 2 solutions into their existing applications.  Read the full article.

 

Keep up with Quantstamp

Follow us on LinkedIn, like us on Facebook, check out our Github, follow us out on Twitter, join the conversation on Reddit, subscribe to our Youtube Channel, or sign up for our newsletter

 

Note: This update includes information and forward-looking statements about upcoming events and concepts under continuing development. Schedules, features, and functionality are subject to change or cancellation at any time and you are not to place undue reliance on this information or any forward-looking statements.





 


Quantstamp 公告
September 2, 2020

DeFi hacks, Layer 1 audits, and more media coverage. Here’s what happened at Quantstamp in August:


DeFi Hacks


An exploit of decentralized options platform Opyn resulted in 371k USDC being lost. Weeks later, a bug in the rebasing mechanism of Yam Finance, a popular (yet risky and unaudited) yield farming platform, resulted in hundreds of thousands of dollars worth of funds being lost.

DeFi hacks, exploits, and bugs which result in funds lost increase attention to the importance of audits, as well as the fact that not all audits are the same. By working with top projects in the space, we aim to solidify our position as a reputable and high quality security company.

 

Cardano


We are happy to be helping secure Cardano, a highly anticipated Layer 1 blockchain using Proof of Stake. Cardano launched its Shelley mainnet late July, allowing users who own ADA to start staking for rewards. 

In addition to auditing the Cardano blockchain, we also audited Daedalus, the wallet made for Cardano users. 

Avalanche


Quantstamp recently helped secure Avalanche, another Layer 1 protocol using a directed acyclic graph (DAG) and a unique consensus protocol. Avalanche aims to bring DeFi to traditional global finance by integrating compliance into the protocol layer. Through this audit, Quantstamp provides a safe foundation for the globally traded assets that Avalanche intends to manage.  

Avalanche joins the list of numerous Layer 1 decentralized protocols that Quantstamp has audited, along with Cardano and ETH 2.0. 


Curve Finance 


We recently audited Curve Finance’s liquidity mining contracts. These contracts support the staking and voting mechanisms of CurveDAO, Curve’s decentralized governance system. Curve is the leading DEX for stable asset swaps, and we were happy to support their security.  

 

Stablecoins


2020 has been a milestone year for stablecoins, which experienced record-setting transaction volumes of more than $90 billion in Q1 alone. In this recent post, we cover some of the stablecoins we’ve secured including stablecoins pegged to the Indonesian rupiah, the British pound, the Nigerian naira, and the Singaporian dollar. 

DeFi Shaping the Future of Finance

 

DeFi is changing the future of finance, and Quantstamp is proud to be a part of that. Our latest article talks about key projects at this frontier and how they are helping people save better, trade more efficiently, and earn yield on their assets. 

 

活动介绍

Fork the World

On August 5, Communications Manager Jaye Harill introduced ETH 2.0 as part of Fork the World, a hackathon organized by MetaCartel DAO.



Edcon

Quantstamp Communications Manager Jaye Harrill joined Hayden Adams from Uniswap and lawyer Badri Natarajan at Edcon for a conversation about DeFi. Watch the recording here.

 


Blockchain Village 2020

Quantstamp Research Engineers Sebastian Banescu, Poming Lee, and Martinet Lee spoke at Blockchain Village on security issues involving gas, BSV, and systemic threats. Our team also supported the event by volunteering in the Discord. DEFCON Safe Mode was the name for this year. Find more details about their talk on the Blockchain Village site
 


Wine Not Talk about Ethereum?

Sponsored by Cred and Quanstamp, “Wine Not Talk About Ethereum 2.0?” features industry leaders and experts sharing their insights with the crypto communities. To spice things up, there will be wine available for ticket holders—Duckhorn Vineyards (Wine Spectator's 2017 Wine of the Year) will be doing a wine tasting alongside the speaker panel. 

The panel will cover a range of topics related to Ethereum 2.0, the next evolution of one of the most important and innovative ecosystems in blockchain. Register here.

 

In The Media

 

Decrypt Media covered our audit of IDEX 2.0 this month. IDEX is launching a new version of their popular decentralized exchange that will feature optimistic rollups, a Layer 2 scaling solution. We were happy to help IDEX and other projects safely incorporate Layer 2 solutions into their existing applications.  Read the full article.

 

跟上 Quantstamp

Follow us on LinkedIn, like us on Facebook, check out our Github, follow us out on Twitter, join the conversation on Reddit, subscribe to our Youtube Channel, or sign up for our newsletter

 

注意:此更新包括有关即将发生的事件和在持续开发中的概念的信息和前瞻性陈述。时间表、特性和功能可能随时更改或取消,您不应过分依赖此信息或任何前瞻性陈述。





 


September 1, 2020

Quantstamp Audits Layer 1 Blockchains

Apart from securing the applications that run on blockchain platforms, we also offer security services for base layer protocols. Our experience with base layer protocols includes ETH2, Avalanche, and Cardano.

August 28, 2020

Quantstamp Helps Secure IDEX 2.0

Quantstamp, a leading blockchain security company, has finished its audit of IDEX 2.0, a new, higher performance update to popular decentralized exchange IDEX. Security is one of the main issues holding back Decentralized Finance, so we’re happy to be helping IDEX scale to the next stage of their growth by auditing their latest platform.

August 27, 2020

The Stablecoins Driving Blockchain Adoption

2020 has been a milestone year for stablecoins. Learn more about some of the stablecoins Quantstamp has secured that are changing the future of our financial system.

August 24, 2020

The DeFi Projects Impacting the Future of Finance

DeFi applications continue to push the automation and decentralization of finance at an aggressive pace. In this post we describe how Curve, yearn.finance, and KeeperDAO contribute to a hyper-liquid future.