In traditional crypto security reviews, seeing that an admin can move user funds is usually an immediate centralization red flag. In RWA systems, however, that conclusion does not always hold.
Recently, the ScaleBit security team under BitsLab identified a vulnerability in the iOS version of the Uniswap Wallet, which BitsLab has named the "Unauthorized Access to Mnemonic Phrases" vulnerability.
Bitcoin has evolved beyond being just a cryptocurrency, with its ecosystem expanding into Layer 2 solutions and applications that enhance transaction efficiency and support emerging fields like smart contracts, DeFi, and NFTs. However, this growth has introduced security challenges, including vulnerabilities, attacks, and technical flaws that threaten asset safety and network stability. This article by ScaleBit explores Bitcoin's ecosystem development, its security challenges, and strategies for ensuring a secure and reliable future.
Explore the evolution of Bitcoin Layer 2 solutions from Sovereign Rollups to zk-Rollups. Understand the controversies surrounding Citrea and BitVM, and delve into the latest advancements in ZKP technology and Sovereign Rollups.
Discover essential Solana security practices to enhance your blockchain development. Learn about account validation, secure coding, and preventing vulnerabilities to leverage Solana's high throughput and low latency for innovative decentralized applications.
Discreet Log Contracts (DLCs) are a type of Bitcoin smart contract gaining traction for their potential in Bitcoin lending and cross-chain transactions. This article explores DLC technology, its applications, and key security issues, emphasizing the importance of reliable oracles and proper implementation to avoid risks.
BEVM is honored to reveal its role as the Official Title Sponsor for the upcoming Bitcoin Layer 2 Conference - East & West 2024. The conference is scheduled to take place in Hong Kong on April 8, 2024, and aims to build a bridge between the Bitcoin Layer 2 ecosystem across both the Eastern and Western blockchain sectors, assembling a distinguished cohort of blockchain experts, industry leaders, and visionaries from around the world.
Zero Knowledge Proof (ZKP) systems have never been more exciting than they are now. In simple terms, ZKP is a powerful privacy paradigm that can prove that your private information satisfies certain relationships without revealing the private information itself. It may sound abstract, so let’s give a very good example: you can prove your identity without exposing your password to the server! This application has already emerged through the application of ZKP.
This technical research report was authored by Polaris from the ScaleBit Research Group, with special thanks to Norman, also Henry from SnapFingers for their valuable revisions.