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Beosin Web3 Security
@Beosin_Security
Beosin is a blockchain security company with the mission of "Securing Blockchain Ecosystem", providing "all-in-one" Web3 security® tech solution.
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🎉We’re thrilled to share that our new website at Beosin is now live! Since 2018, we've been on a mission to create a more transparent blockchain finance ecosystem, and our updated site truly reflects our dedication to innovation and excellence in blockchain security and compliance.
🔍 Explore Our Core Offerings:
🌟 Products:
Trace: A powerful toolkit for visualizing and analyzing cryptocurrency crimes.
KYT: A real-time monitoring solution that identifies suspicious transactions by tracking interacting addresses.
🛠️ Services:
Smart Contract Audit: Discover vulnerabilities in smart contracts and chain platforms to enhance security.
Cryptocurrency Tracing: A tailor-made investigation service for cases involving stolen, blackmailed, hacked, or misappropriated cryptocurrencies.
📚 Introducing Our Resources Page:
Dive deep into our extensive library of resources, including whitepapers, case studies, and industry insights. Stay informed and empowered with the latest information in blockchain security and compliance.
👥 Meet Our Team:
We believe that our success is driven by our talented team. Visit our team page to learn more about the experts behind Beosin and how their diverse backgrounds and experiences contribute to our mission.
At Beosin, we pride ourselves on our extensive experience and cutting-edge technology. With over 20 years in cybersecurity, 2 billion labeled crypto addresses, and more than 85,000 identified code vulnerabilities, we are your trusted partner in navigating the complexities of blockchain security.
🔗 Visit our website to learn more and schedule a demo! https://beosin.com/
Together, we are securing a more transparent blockchain finance ecosystem.
🔍 Explore Our Core Offerings:
🌟 Products:
Trace: A powerful toolkit for visualizing and analyzing cryptocurrency crimes.
KYT: A real-time monitoring solution that identifies suspicious transactions by tracking interacting addresses.
🛠️ Services:
Smart Contract Audit: Discover vulnerabilities in smart contracts and chain platforms to enhance security.
Cryptocurrency Tracing: A tailor-made investigation service for cases involving stolen, blackmailed, hacked, or misappropriated cryptocurrencies.
📚 Introducing Our Resources Page:
Dive deep into our extensive library of resources, including whitepapers, case studies, and industry insights. Stay informed and empowered with the latest information in blockchain security and compliance.
👥 Meet Our Team:
We believe that our success is driven by our talented team. Visit our team page to learn more about the experts behind Beosin and how their diverse backgrounds and experiences contribute to our mission.
At Beosin, we pride ourselves on our extensive experience and cutting-edge technology. With over 20 years in cybersecurity, 2 billion labeled crypto addresses, and more than 85,000 identified code vulnerabilities, we are your trusted partner in navigating the complexities of blockchain security.
🔗 Visit our website to learn more and schedule a demo! https://beosin.com/
Together, we are securing a more transparent blockchain finance ecosystem.
What are the security risks of meme token launchpads under the "gold rush" craze?
Meme tokens have been a key segment of blockchain ecosystems. At the beginning of the year, the Solana ecosystem saw the emergence of a number of meme tokens with staggering gains, and the daily trading volume of these tokens was more than tens of billions of dollars. With the enthusiasm of users for Meme token trading on Solana, Pump.Fun, a meme token launchpad, was launched in February. The platform quickly produced a number of meme tokens with significant gains, attracting a large number of u
Nibiru is about to launch its mainnet. What are its features and security development practice?
Nibiru Chain launched its airdrop incentives at the end of January 2024. After a month of airdrop activities, its community grew more than three times and the number of Twitter followers exceeded 500,000. As a new chain with over $20 million in financing, Nibiru Chain focuses on solving the security and speed of DeFi applications.
Nibiru Chain plans to launch its mainnet this week. As a fast-growing Layer 1, what are the technical features and competitive advantages of Nibiru Chain? What safet
Nibiru Chain plans to launch its mainnet this week. As a fast-growing Layer 1, what are the technical features and competitive advantages of Nibiru Chain? What safet
Blockchain Security and Regulation Monthly Recap of February: $422M lost in attacks
According to Beosin KYT AML analysis platform platform, in February 2024, the number of various security incidents and the amount involved increased significantly compared with January. In this month, more than 19 typical security incidents occurred in February 2024 and the total losses caused by hacker attacks, phishing scams and Rug Pull reached $422 million, an increase of approximately 102% from January. Attack incidents were approximately $347 million, an increase of approximately 110%. Phi
Blast is about to launch its mainnet. What are its security risks and potential opportunities?
Recently, Blast has become a hot topic in the crypto market. With the end of its Big Bang Competition, its TVL has exceeded $2 billion.
Blast announced that it will launch its mainnet on February 29. The anticipation of its airdrop has successfully attracted many users. However, with the development of its ecosystem, various projects emerge one after another, which also leads to the frequent occurrence of various security risks. Beosin will explain to you the security risks and potential opport
Blast announced that it will launch its mainnet on February 29. The anticipation of its airdrop has successfully attracted many users. However, with the development of its ecosystem, various projects emerge one after another, which also leads to the frequent occurrence of various security risks. Beosin will explain to you the security risks and potential opport
At the beginning of 2024, Beosin has obtained ISO 27001 certification after SOC 2 certification
At the beginning of the new year, Beosin is moving forward. After obtaining SOC 2 certification, Beosin obtained ISO 27001, an important international high-standard information security certification. ISO 27001 is a high-standard information security certification unanimously recognized by international security experts. A rigorous information security management system is an important basis for various institutions and enterprises to choose blockchain security service providers. At the same tim
Focusing on ERC404 innovation, Beosin provides security audit services for ERC404 projects
On February 2, Pandora, a project focusing on NFT fragmentation, was launched. Its core feature is ERC404, a token standard that combines ERC20 and ERC721 and has the characteristics of native liquidity and NFT fragmentation. As a newly launched protocol, ERC404 has triggered extensive community discussions. The daily trading volume of its first project, Pandora, has also exceeded $50 million. More projects based on ERC404 or similar token standards are ready to be launched.
Since ERC404 was di
Since ERC404 was di
Understand the use cases, implementation and asset security of inscriptions
On February 1st, Binance Web3 Wallet officially launched its inscription market, supporting various inscription protocols such as BRC20 and Ethscription. A few days ago, OKX also announced its support for inscription protocols such as ARC20, Runes, Doginals, etc., which triggered the entire market's attention to inscriptions. During the wave of inscription, various security issues arise frequently due to the complexity and novelty of inscription protocols. This not only threatens users’ asset se
Blockchain Security Monthly Recap of January: More than $200M lost in attacks
It’s time for our monthly security report! According to Beosin KYT platform, in January 2024, the number of various security incidents and the amount involved increased significantly compared with February. In this month, more than 28 typical security incidents occurred and the total loss of various security incidents was about $209 million, which is up about 97% compared with last month. The loss of attacks was about $165 million and the loss of phishing was $33.31 million. $11 million were los
Key Highlights of GameFi in 2024: Analyzing the Current State and Security Challenges
After experiencing the GameFi gaming craze in 2021, represented by Axie Infinity, and the subsequent burst of the bubble, GameFi started to recover in the second half of 2023. The popularity of 3A blockchain game Bigtime drew significant attention to the GameFi market. On January 9, 2024, Arbitrum Layer3 Xai game-specific chain was officially launched. On January 12, the gaming platform SkyArk Chronicles completed a $15 million funding round led by Binance Labs. The combination of new public cha
Cryptocurrency Soars 800% Created by Top Hacker — What is Celestia (TIA)?
As the fervor around Bitcoin ETFs subsides, investors are seeking the next hot project. Prior to the market turbulence caused by the Bitcoin halving event, many cryptocurrency enthusiasts had their eyes on Celestia.
Recently, Celestia’s token TIA has demonstrated remarkable performance, reaching new highs and capturing widespread attention from investors and the cryptocurrency community.
Mustafa Al-Bassam, the co-founder of Celestia, was once a formidable top-tier hacker.
This upward trend has m
Recently, Celestia’s token TIA has demonstrated remarkable performance, reaching new highs and capturing widespread attention from investors and the cryptocurrency community.
Mustafa Al-Bassam, the co-founder of Celestia, was once a formidable top-tier hacker.
This upward trend has m
Surging Sui Gains Momentum, Ready to Ignite the First Spark in the Move Ecosystem in 2024?
In 2024, the surging momentum of Sui has ignited the first spark in the Move ecosystem.
Firstly, a nearly 70% surge in the past week has brought attention back to this shining star in the Move ecosystem. According to DefiLlama data, Sui’s Total Value Locked (TVL) has reached $327 million, with a 6.76% increase in the last 24 hours and a remarkable 73.19% surge in the past 7 days. The current top three protocols by on-chain TVL are Cetus ($62.44 million), NAVI Protocol ($61.42 million), and Scall
Firstly, a nearly 70% surge in the past week has brought attention back to this shining star in the Move ecosystem. According to DefiLlama data, Sui’s Total Value Locked (TVL) has reached $327 million, with a 6.76% increase in the last 24 hours and a remarkable 73.19% surge in the past 7 days. The current top three protocols by on-chain TVL are Cetus ($62.44 million), NAVI Protocol ($61.42 million), and Scall
Socket Protocol Falls Victim to Hacker’s Call Injection Attack, Resulting in Approximately $3.3 Mill
On January 17, 2024, according to monitoring data from Beosin’s EagleEye security risk platform, Socket Protocol suffered a call injection attack, leading to a significant theft of funds from authorized users. Currently, the attacker has converted the stolen funds to ETH and stored them in the attacker’s address.
After the attack, Socket’s official confirmation acknowledged the security breach and promptly suspended the affected contracts.
Simultaneously, MetaMask posted on the X platform, stat
After the attack, Socket’s official confirmation acknowledged the security breach and promptly suspended the affected contracts.
Simultaneously, MetaMask posted on the X platform, stat
High-performance Layer1 and Parallel EVM: Analysis of Sei Network and Its Ecosystem
Sei Network, which launched its mainnet in August 2023, began to explode after several months of silence. Currently, Sei liquidity staking has exceeded $3.5 million and network TVL has exceeded $11 million.
Previously, Sei, together with Beosin and Alibaba Cloud, successfully held the hackathon, Code Sei: Powering New Gaming and DeFi Exchanges. Beosin also completed the audit of Kryptonite, Sei’s liquidity staking project, to enhance the security of Sei ecosystem.
In 2024, Sei is about to launch
Previously, Sei, together with Beosin and Alibaba Cloud, successfully held the hackathon, Code Sei: Powering New Gaming and DeFi Exchanges. Beosin also completed the audit of Kryptonite, Sei’s liquidity staking project, to enhance the security of Sei ecosystem.
In 2024, Sei is about to launch
🎉🎉Beosin has successfully completed the rigorous SOC 2 attestation and secured the highly regarded SOC 2 audit report!
💪This attestation is a result of our continuous investment in the field of data security and information management
🛡️As we move forward, Beosin remains dedicated to providing excellent security solutions and high-quality customer service, empowering global customers to achieve greater success in the field of blockchain security.
💪This attestation is a result of our continuous investment in the field of data security and information management
🛡️As we move forward, Beosin remains dedicated to providing excellent security solutions and high-quality customer service, empowering global customers to achieve greater success in the field of blockchain security.
How Radiant Capital Was Exploited by Hackers for a $4.5 Million Heist!
On January 3, 2024, according to Beosin EagleEye, the Radiant Capital project fell victim to a flash loan attack by an attacker. Through three transactions, the attacker stole over 1900 ETH, valued at over $4.5 million. The stolen funds are currently held in the attacker’s address, and Beosin security team promptly analyzed the incident.
Vulnerability Analysis
The root cause of this incident lies in the Radiant Capital project’s calculation of token quantity, which involves precision expansion a
Vulnerability Analysis
The root cause of this incident lies in the Radiant Capital project’s calculation of token quantity, which involves precision expansion a
The Orbit Chain Incident: Unraveling the Story Behind the $80 Million Heist — First Case of 2024
On January 1, 2024, according to monitoring data from Beosin EagleEye, the Orbit Chain project suffered an attack resulting in a loss of at least $80 million. Beosin Trace analysis reveals that the hacker’s address (0x27e2cc59a64d705a6c3d3d306186c2a55dcd5710) initiated a small-scale attack a day prior, using the stolen ETH as the transaction fee source for the remaining five addresses involved in the attack.
Orbit Chain is a cross-chain bridge platform, allowing users to use various encrypted as
Orbit Chain is a cross-chain bridge platform, allowing users to use various encrypted as
Blockchain Security Recap of December: $24.94M Lost in Attacks
According to data from Beosin EagleEye, a blockchain security auditing company, the total amount of losses from various security incidents in December 2023 significantly decreased compared to November. In December, there were more than 21 typical security incidents, resulting in a total loss of approximately $24.94 million, a decrease of about 93% from November. Among them, attack incidents accounted for about $12.45 million, phishing scams about $9.6 million, and Rug Pull incidents about $2.89
🎉Beosin has just dropped the much-anticipated "2023 Global Web3 Security Statistics Report🛡️"! Dive into key insights and gain a unique perspective on the latest happenings in the Web3 security landscape💡
🌐 In a nutshell:
1. Web3 witnessed total losses of $2.02 billion in 2023.
2. 68% of attacks targeted DeFi projects, resulting in $408 million in losses.
3. Attack types diversified, incorporating Web2 tactics.
4. Increased blockchain diversity driven by CEX incidents; top 5 chains affected: Ethereum, Mixin, HECO, BNB Chain, and TRON.
5. 51.8% of stolen funds ($723 million) remained in hacker addresses, employing intricate cross-chain transfers for money laundering.
6. 267 Web3 rug pulls in 2023, with losses of $388 million, showing an 8.7% decrease from 2022.
📊 Explore more data in the detailed article here👇
2023 Global Web3 Security Statistics & AML Analysis
🌐 In a nutshell:
1. Web3 witnessed total losses of $2.02 billion in 2023.
2. 68% of attacks targeted DeFi projects, resulting in $408 million in losses.
3. Attack types diversified, incorporating Web2 tactics.
4. Increased blockchain diversity driven by CEX incidents; top 5 chains affected: Ethereum, Mixin, HECO, BNB Chain, and TRON.
5. 51.8% of stolen funds ($723 million) remained in hacker addresses, employing intricate cross-chain transfers for money laundering.
6. 267 Web3 rug pulls in 2023, with losses of $388 million, showing an 8.7% decrease from 2022.
📊 Explore more data in the detailed article here👇
2023 Global Web3 Security Statistics & AML Analysis
2023 Global Web3 Security Statistics & AML Analysis
1. Beosin: 2023 Web3 Security Overview
According to statistics from Beosin EagleEye, the total losses from hacks, phishing scams, and rug pulls in Web3 reached $2.02 billion in 2023. Among them, 191 major attacks resulted in a total loss of approximately $1.397 billion; 267 rug pulls with total losses of around $388 million; and total losses from phishing scams of approximately $238 million.
In 2023, hacks, phishing scams and rug pulls all saw significant declines compared to 2022, with total
According to statistics from Beosin EagleEye, the total losses from hacks, phishing scams, and rug pulls in Web3 reached $2.02 billion in 2023. Among them, 191 major attacks resulted in a total loss of approximately $1.397 billion; 267 rug pulls with total losses of around $388 million; and total losses from phishing scams of approximately $238 million.
In 2023, hacks, phishing scams and rug pulls all saw significant declines compared to 2022, with total
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