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How Chainsulting Is Securing the DeFi Industry via Smart Contract Auditing

Published

4 years ago

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The rise of blockchain technology has opened the curtains for new opportunities, including decentralized finance (DeFi) applications governed by smart contracts. These protocols leverage decentralized networks and cutting-edge tech to bring innovative financial services to the masses.

By eliminating middlemen such as banks, DeFi projects bring lucrative earning opportunities and enable anyone to participate in traditional financial activities. These platforms provide for example, decentralized lending/borrowing access that benefits millions of unbanked folks worldwide.

Moreover, investors seeking huge returns find the DeFi sector very attractive, as it offers high-interest rate savings unmatched by traditional financial institutions. 

Unfortunately, the colossal total volume locked (TVL) in DeFi has brought several security concerns. Users have lost billions of dollars to cybercriminals targeting various platforms, spooking potential investors looking to jump onto the DeFi bandwagon. 

Part of the problem facing the fast-growing DeFi industry is that it lacks top-quality smart contract checks that could prevent cybercriminals from exploiting vulnerabilities on popular protocols.

As a result, cybercriminals have had great success targeting DeFi applications and siphoning billions in crypto funds to their private wallets.

A Look at Recent DeFi Hacks

DeFi gained traction in the summer of 2020, offering revolutionary lending products and huge returns but eliminating any involvement from intermediaries.

Since then, growth in the sector has taken place at lightning speed, with TVL in various protocols now surpassing $90B, per data from DeFiPulse. There are currently over 200 projects utilizing the blockchain and smart contracts to offer users unparalleled financial services.

However, success in this exciting and fast-moving sector has attracted bad actors looking to infiltrate DeFi code and siphon investor funds.

One of the most notable DeFi attacks dubbed the ‘biggest crypto heist‘ ever took place on November 19, 2021. Hackers exploited a loophole in Poly Network and stole $600M in digital assets.

More recently, in December of 2021, malicious actors struck again, targeting the popular DeFi protocol BadgerDAO. In this incident, hackers made off with over $120M in crypto, prompting Chainalysis to investigate the breach along with financial watchdogs from the US and Canada.

Unfortunately, these are not isolated smart contract breaches. As recently reported by CryptoSec, overall losses caused by DeFi exploits have amounted to $1.7 billion, with 75 protocols succumbing to the menacing threat of cybercrime.

Chainsulting Brings Excellent Security Solutions to DeFi

Chainsulting is a professional software development firm based in Germany that provides comprehensive distributed ledger technology (DLT) solutions. Some of their services include blockchain development, smart contract audits, and consulting.

One of the firm’s main goals is to develop tools and provide services to ensure every blockchain project is secure. They are determined to tackle the issue of continuous DeFi exploits that threatens to deter potential investors from putting their hard-earned cash into the blockchain and crypto economy.

So far, the lack of proper smart contract audits has seen multiple DeFi protocols fall victim to devastating hacks that have led to heavy losses. Per a report by blockchain tracing and security firm Ciphertrace, last year was overrun by numerous DeFi attacks that accounted for half of all the hacking incidents in the crypto world.

Chainsulting seeks to root out bugs and other vulnerabilities used by insidious cybercriminals to infiltrate DeFi applications. They have a proven track record of delivering customized security solutions with German technology that empower multiple DeFi and blockchain projects to maintain investor trust and gain a competitive advantage in the sector.

The firm conducts code audits for market-leading blockchains such as Hyperledger, Tezos, Ethereum, Binance Smart Chain, and EOS to mitigate risk and instill trust and transparency into the vibrant crypto community. They also review and secure the smart contracts of DAI, 1Inch, POA Network, Unicrypt, among numerous other top DeFi and crypto projects.

Chainsulting currently secures $100 billion in user funds locked in multiple DeFi protocols. The team behind the leading audit firm relies on their robust technical know-how in the blockchain sector to deliver top-notch smart contract audit solutions tailored to the clients’ evolving business needs.

The blockchain security provider brings the highest security standards to crypto and blockchain platforms, helping to foster growth and transparency within the fast-growing ecosystem.

The Chainsulting Smart Contract Audit Process

Chainsulting boasts over four years of experience in smart contract audit and has delivered reliable security solutions to more than 420 clients.

The company’s audit team composed of Germany’s top blockchain and digital assets experts leverages its domain-specific expertise to conduct smart contract audit tactics that differ from those deployed by other audit firms. 

A code review by Chainsulting includes an Automated Vulnerability Test (HoneyBadger, MythX, Mythril, Oyente, Slither, Solhint) and thorough Manual Security Testing (SWC-Registry, Overflow, etc.). The auditing process also integrates a Gas Optimization and Coding Conventions Check, as well as thorough Function and Logic testing.

The blockchain security startup uses a real-time communication tool to connect with the project dev team and provide suggestions on how to remedy bugs and inefficiencies discovered during the audit process. The team also offers assistance to the token developers in applying the necessary fixes. 

They then deliver a comprehensive report documenting the audit steps and recommendations. Finally, Chainsulting provides a Certificate of Compliance that reassures all DeFi users that the project is fully vetted and safe. 

The leading blockchain auditor has done many notable audits for some of the most prominent crypto projects in existence. The team posts transparent audit results on their social media, GitHub, and Website, confirming that a given project’s code is fully secure and ready to go live. 

Conclusion 

Over the past few months, a spate of high-profile DeFi hacks has led some to refer to the young sector as the ‘Wild West’ of cryptocurrencies.

This year has seen some of the biggest crypto thefts in history. Increasingly sophisticated heists on dozens of top DeFi protocols highlight the need for project backers to adopt higher security standards to protect the integrity of the entire blockchain industry.

Chainsulting has introduced an intuitive smart contract auditing process that integrates elaborate steps to ensure 100% test coverage on all DeFi projects. This radical approach helps these decentralized protocols conquer the investors’ trust, propelling the nascent crypto space to greater heights.

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Press Release

Blockchain Life 2025 in Dubai: World Crypto Leaders Gather for the 15th Anniversary Forum Featuring Akon’s Exclusive Performance

Published

3 weeks ago

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October 10, 2025

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The 15th Anniversary Blockchain Life Forum — one of the world’s largest events dedicated to cryptocurrencies, Web3, and mining — will take place on October 28–29, 2025, in Dubai.

More than 15,000 attendees from over 130 countries are expected, including entrepreneurs, investors, traders, and top blockchain companies.

Leading Figures from Across the Industry

The forum will feature key figures shaping the the global crypto market:

  • Reeve Collins — Co-Founder of Tether & Chairman of ReserveOne
  • Rajat Sakhuja — Director of Blockchain and Digital Assets at Mastercard
  • Justin Sun — Founder of TRON & Advisor at HTX
  • Alice Liu — Research Lead at CoinMarketCap
  • Omar Elassar — Managing Director at Animoca Brands
  • Eowyn Chen — CEO at Trust Wallet
  • Andrei Grachev — Managing Partner at DWF Labs
  • Kostas Chalkias — Co-Founder & Chief Cryptographer at Mysten Labs (Sui)
  • Sergej Kunz — Co-Founder of 1inch
  • Sergei Khitrov — Founder of Listing.Help & Jets.Capital
  • Luke Judges — Partnerships Director at Ripple
  • Akshay Dalal — Head of Risk and Compliance at Google Cloud
  • Damu Winston — Head of Web3 Innovation and Digital Products at Amazon
  • Alicia Kao — Managing Director at KuCoin
  • Lennix Lai — Chief Commercial Officer at OKX
  • Charles d’Haussy — CEO at dYdX
  • Yosuke Yoshida — Co-CEO at EMURGO
  • and many others.

Over 200 speakers will deliver insights into the upcoming Bull Run, DeFi expansion, RWA tokenization, and regulatory developments.

The Largest Industry Expo

The expo zone will feature more than 200 booths from top industry players, including OKX, Bybit, KuCoin, HTX, Bitget, BingX, Ledger, Tron, Trust Wallet, MEXC, Bitmain, Canaan, and Uminers, showcasing the most advanced blockchain solutions and Web3 technologies.

Official AfterParty with Akon and Blockchain Life Week

The event will culminate with the official all-inclusive AfterParty at Soho Garden DXB, headlined by global superstar Akon, performing live hits such as “Smack That” and “Right Now (Na Na Na)”.

Traditionally, the celebration continues throughout Blockchain Life Week — a series of side events, including yacht meetups, side events, and VIP gatherings uniting the global crypto community across Dubai.

Purchase tickets now with 10% off using promo code zexpr at blockchain-life.com

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Press Release

BlockDAG Presale Nears $600M With Alpine F1® Sponsorship as Litecoin & Polygon Approach Critical Q4 Breakout Levels

Published

4 weeks ago

on

October 2, 2025

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Crypto markets are entering Q4 with volatility returning, and major altcoins are testing important resistance levels. Litecoin (LTC) has been consolidating strongly above $100, positioning for another push higher, while Polygon (POL) is compressing beneath the $0.28–$0.29 resistance zone.

Both projects carry credible catalysts: Litecoin benefits from a rising network hashrate, while Polygon has its Rio upgrade and token migration almost complete. Yet, the project commanding the most attention is BlockDAG (BDAG). Its presale has already raised more than $415M at a fixed $0.0013 price and secured a global sponsorship with the BWT Alpine Formula 1® Team, placing it among the most impactful presales ever.

Polygon (POL) Price Forecast: Rio Upgrade & Token Migration

Polygon (POL) has traded between $0.24 and $0.29 for months, creating a setup where a breakout could be close. A weekly close above $0.29 would confirm a base breakout, opening initial upside toward the low $0.30s and extending toward $0.35–$0.39 if momentum continues. Failure to reclaim $0.29 keeps the price rotating within its established range.

Two catalysts stand out for Q4. The Rio upgrade, completed on testnet in September, is scheduled for mainnet deployment in October and aims to improve throughput and validator economics. In parallel, the MATIC → POL migration is now 99% complete, reducing supply risks and finalizing the new token economy.

Prediction for Q4: If Rio launches smoothly and POL breaks $0.29 with RSI above 50 and stronger volume, the breakout case strengthens. Otherwise, expect continued sideways trade within $0.24–$0.29.

Litecoin (LTC) Price Prediction: Network Growth Supports Breakout

Litecoin has spent the last several months consolidating between $103 and $125, building a stable base above $100. Key support remains between $103 and $106, with resistance at $125–$135, the level that capped its rallies in June. A weekly close above $125 would confirm bullish continuation, opening the path toward $150–$155, where prior 2024 supply remains.

Network security continues to improve. Hashrate has risen nearly 19% in the past 90 days, reaching multi-year highs. This growth in miner participation supports long-term chain health. Technical signals are constructive as well, with daily RSI neutral and price above the 50- and 100-day EMAs, leaving room for further upside.

Prediction for Q4: If LTC holds $103 and clears $125–$135 with volume support, a rally toward $150 is realistic. If support breaks, a pullback toward $95–$100 may occur before another move higher.

BlockDAG: The Presale Setting New Standards

BlockDAG (BDAG) is changing expectations for presale projects. With more than $415M raised, 26B+ coins sold, and 312,000 holders already onboarded, it is scaling at levels many Layer-1 networks only achieve years after launch. Adoption is visible across both retail and infrastructure: over 3M people mine through the X1 Mobile Miner app, and 20,000 hardware miners have shipped to 130+ countries.

The landmark sponsorship with the BWT Alpine Formula 1® Team elevates BDAG beyond crypto circles, making it the first Layer-1 blockchain to secure a Formula 1® partnership. This places its brand before billions of fans each season, linking it with speed, global culture, and mainstream credibility.

At a fixed presale price of $0.0013, with less than $200M left before the $600M cap, the opportunity is becoming increasingly limited. Analysts highlight that presales often accelerate in final phases, and BDAG’s momentum suggests sellout could come sooner than expected. With long-term speculation pointing to $1, the ROI potential exceeds 62,000%, making BDAG stand out as the best crypto presale of 2025.

Summing Up

Litecoin and Polygon both offer strong Q4 setups. Litecoin’s improving hashrate and supportive structure suggest a path to $150+, while Polygon’s Rio upgrade and POL migration provide catalysts for a breakout above $0.29. Both carry potential, though gains may be measured.

BlockDAG, however, is showing a different trajectory. With over $415M raised, adoption proven through millions of miners, and cultural visibility secured through the BWT Alpine Formula 1® Team partnership, it is positioning itself as the best crypto presale of 2025. At $0.0013, BDAG presents a rare asymmetric opportunity in a market that rewards both adoption and credibility.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu 

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Press Release

$STRAYDOG: From Scraps to Steaks… And Now Giving Back to the Pack

Published

2 months ago

on

August 29, 2025

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Every street has one… the scarred, hungry stray dog that refuses to die. In crypto, that stray is all of us: rugged, scammed, abandoned, yet somehow still here.

That spirit is what gave birth to $STRAYDOG, the meme coin that doesn’t wag its tail for VCs or insiders. StrayDog didn’t start in a polished boardroom with pie charts and buzzwords. It started in the alleyways of Web3 scarred by rugs, hardened by scams and raised on scraps of degen dreams.

The Cleanest Dirty Dog

Most meme coins arrive with presales, hidden wallets, or bloated marketing allocations. StrayDog flipped the script:

🚫 No presale
🚫 No team tokens
🚫 No leash
🚫 No masters

Instead, StrayDog calls itself the cleanest dirty dog … scarred on the outside, pure at the core. A fair launch built on chaos, loyalty, and Pack energy.

Why StrayDog Matters

StrayDog is more than just a coin, it’s a cultural movement for underdogs. Every rug leaves survivors. Every scam leaves fighters. Every broken chart leaves a few more strays still standing.

StrayDog doesn’t beg. It bites.

The project has already drawn attention as one of the cleanest launches of the cycle, with its bundle buyback model fueling liquidity and buy pressure while ensuring the supply stays in community hands. The Pack is built on resilience, loyalty, and a refusal to roll over.

Where the Pack Is Going

The vision is simple: turn scraps into steaks, keep the streets safe, and prove that the underdog always bites hardest.

Unlike kennel coins that rely on polished marketing, StrayDog thrives on chaos and culture. The developers describe it as “the Mad Max of meme coins,” and its roadmap reflects that: grow the Pack, fuel buybacks, and howl so loud the suits can’t ignore it.

The First Step in Giving Back

But StrayDog isn’t just taking over the streets of crypto. It’s also stepping into the real world.

In its first act of giving back, StrayDog has become an annual sponsor of the Cape Coral Soccer Association (CCSA), the largest full-service soccer organization in Southwest Florida, established in 1974.

CCSA is a non-profit dedicated to fostering the physical, mental, and emotional growth of Cape Coral’s youth through the sport of soccer. With over 160,000 residents in Cape Coral, the league provides a safe and structured environment where kids can learn teamwork, resilience, and loyalty… the same values that define the Pack.

⚽ Facilities:

  • Cape Coral Sports Complex: 54 acres, 14 athletic fields, concessions, playgrounds.
  • Pelican Soccer Complex: 14 acres, 4 oversized fields, playgrounds, concessions, club office.

Over the years, CCSA has hosted major events for the Florida Youth Soccer Association including the State Cup Final Four, Presidents Cup, and the annual Norm Rosen tournaments.

For StrayDog, this sponsorship is symbolic: it’s about teaching the next generation Pack values… loyalty, looking after each other, and never rugging your teammates.

Who Joins the Pack?

Not the suits. Not the polished. Not the ones who need their paws held.

The Pack is made up of survivors.. scarred by rugs, hardened by scams, yet hungrier than ever.

StrayDog doesn’t want fans, it wants family.

In the End

Every dog has its day. This one belongs to the Stray.

🔗 Official Links

🌐 Website: www.straydogcoin.com
🐦 Twitter (X): x.com/StrayDogETH
💬 Telegram: t.me/StrayDogETH
📜 Contract Address (CA): 0xe15Ed6CaD89CB6D71b1f18EfF938C65fBC59B371

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