Halborn Completes Substrate Audit Of Reef Finance’s Reef Chain

Published on: 03.09.2021

No major security issues identified, all are mitigated by minor upgrades to Reef Chain, or good smart contract & dApp dev processes.

Through a variety of automated and manual testing methods over a three-week period, Halborn’s team identified few security risks and recommended further testing and auditing be completed.

In the end, two Medium severity issues were identified, three Low severity issues, and one Informational. All the issues identified can be mitigated through changes to the code, or good smart contract and dApp development practices. This gave Reef Finance the confidence to roll out the public mainnet and continue to engage with Halborn and other auditors as upgrades are made.

About Reef Finance

Reef Finance is building Reef Chain, a DeFi blockchain built using Substrate Framework. Reef Chain provides high scalability, enabling almost instant low-cost transactions, and supports Solidity and EVM, allowing developers to seamlessly migrate their DApps from Ethereum without any change in the codebase. Our vision is to make DeFi easy for everyone to invest in and build DeFi applications on top of Reef Chain.

About Halborn

Halborn is an award-winning, elite cybersecurity company for blockchain organizations.

Security work never ends. Halborn serves as a third-party partner to continuously assess an organization’s most vital assets, drive maximum value and provide world-class cybersecurity consulting and execution every step of the way — far beyond smart contracts.

➡️Source:
https://medium.com/reef-finance/halborn-completes-substrate-audit-of-reef-finances-reef-chain-23a092791247

Market Stats:
BTC Dominance: 53.2%(+0.58%/24h)
ETH Dominance: 16.07%(-0.18%/24h)
Defi Market Cap: $87.42B(+8.23%/24h)
Total Market Cap: $2327.45B(+5.64%/24h)
Total Trading Volume 24h: $74.68B(+1.36%/24h)
ETH Market Cap: $373.41B
Defi to ETH Ratio: 23.41%
Defi Dominance: 3.57%
Altcoin Market Cap: $1089.25B
Altcoin Volume 24h: $41.67B
Total Cryptocurrencies: 29536
Active Cryptocurrencies: 9890
Active Market Pairs: 82746
Active Exchanges: 762
Total Exchanges: 8445
BTC: 62898.96$(-0.21%/1H)
ETH: 3113.85$(0.13%/1H)
AVAX: 35.68$(-0.16%/1H)
BNB: 587.74$(-0.1%/1H)
MATIC: 0.73$(-0.25%/1H)
FTM: 0.71$(0.7%/1H)
ADA: 0.47$(0.03%/1H)
DOT: 7.21$(-0.81%/1H)
UNI: 7.6$(-0.05%/1H)
CAKE: 2.72$(0.12%/1H)
SUSHI: 1.07$(-0.36%/1H)
ONE: 0.02$(-0.18%/1H)