Today, they have launched a public beta and invite all Web3 projects interested in security to join. Smart contract monitoring is a post-deployment Web3 security system that tracks smart contracts’ status and activity. This includes real-time monitoring of code execution, transactions, interactions with blocked addresses, contract upgrades, and ownership.

Its purpose is to provide security after you deploy a smart contract to the blockchain.

Audit vs. Monitoring

Smart contract audit is the most robust security solution for the development phase and contract upgrades. The audit helps create a decentralized app without code vulnerabilities and performance errors.

Once a contract is deployed to the blockchain, you need a different tool to stay secure. Ongoing monitoring systems give you control over security in the post-deployment phase.

Who requires Smart Contract Monitoring?

Any decentralized application would benefit from on-chain monitoring, especially projects with dozens or hundreds of contracts in their codebase.

Web3 projects in DeFi, gaming, voting, ID, infrastructure, and NFT all use smart contracts to automate state transitions and govern transfers. Live monitoring will increase the safety and reliability of these functions.

How to start? 

It’s simple – Join Hacken Extractor

Hacken Extractor

Hacken Extractor is an on-chain smart contract monitoring system aiming to provide you with the following functionality:

• Detect threats and anomalies. You’ll get an alert when Extractor detects attack signs or other suspicious activity.
• React to sudden liquidity drops. Be confident that sudden drops in your project’s liquidity don’t happen right now.
• Control contract ownership. Get warned of any unauthorized project ownership change.

The beta program already monitors and alerts the following events:

• ownership transfers
• contract upgrades
• exceeding transaction thresholds
•  interaction with blocked/allowed addresses

You can configure an unlimited number of event triggers and set alert preferences based on severity. This year, more functionality will make Extractor the most powerful solution for post-deployment security.

ABOUT Hacken

Hacken is a cybersecurity auditor born in 2017 with a vision of transforming Web3 into a safer place. With 5+ years of experience, hundreds of blockchain partners, and thousands of secured crypto projects, Hacken protects technological businesses and crypto communities worldwide with the most competitive suite of professional cybersecurity services.

Website | Twitter

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The post Announcing Hacken Public Beta appeared first on Smart Liquidity Research.

Bubblemaps creates colorful bubbles allowing users to easily see connections between different crypto wallets. If the wallets holding the biggest shares of the project’s tokens are closely linked to each other, it is a suspicious sign. Namely, there is a risk that a whale investor splits its tokens between connected wallets to hide its status. Bubblemaps use cases include the fight against wash trading, wallet-splitting, and manipulations with voting power. And now announcing Bubblemaps is partnering with Hacken.

Benefits of this partnership for the users of Bubblemaps

For Bubblemaps, partnership with Hacken is the way to bring additional safety to DeFi investors. By correctly analyzing the project’s token supply and the results of a smart contract audit, users can conclude whether investing in this venture is a reasonable decision and what are the associated risks. As a result, the projects that neglect meeting essential security requirements with visible token supply manipulations will not be able to obtain new financing.

Value of this partnership for Hacken community

For Hacken, this partnership is a big step toward implementing their mission – making Web 3.0 a safer place. The availability of a smart contract audit and other forms of security testing does not guarantee that a project meets the highest ethical standards. Using the infographics provided by Bubblemaps, their community can try to assess the risk that a particular project may make a rug pull or scam exit.

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About Bubblemaps

Bubblemaps is a powerful tool that allows users to visualize blockchain data faster, and easier. It displays the 150 top wallets of any DeFi token or NFT collection as 150 bubbles. If bubbles are linked to each other, it means that there have been historical transfers between those wallets.

Website | Twitter 

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About Hacken

Hacken provides a wide range cybersecurity services for businesses operating in digital world.

Website | Twitter 

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SOURCE

https://hacken.io/hacken-news/bubblemaps-is-partnering-with-hacken-to-bring-additional-safety-to-defi-investors/

The post BUBBLEMAPS is PARTNERING with HACKEN appeared first on Smart Liquidity Research.

The community crowdfunding ecosystem VENT is partnering with Hacken to ensure the security of its members and expand its reach by meeting the highest security standards.

VENT is the Web 3.0 accelerator and launchpad for prominent crypto projects.

They provides expert support to projects such as review of token strategy and marketing assistance. Their team focuses on supporting projects that deliver long-term value to the industry.

One of the key factors behind the decision of the VENT team to partner with Hacken is their strong reputation in the industry. The incident rate among the projects audited by Hacken is one of the lowest in the industry. Also, Hacken’s list of clients includes more than 100 out of the top 500 crypto projects by market capitalization.

They provide funding only to those projects that reach specified milestone achievements. and refunds members’ purchases if the project does not meet the standards post-launch. The ecosystem will use the expertise and knowledge provided by Hacken to bring its incubated projects to a radically new level of security.

The value of this partnership for Hacken

For Hacken, this partnership opens the door to >100K VENT’s active members and >35K registered users in 12 countries. The projects incubated by VENT represent DeFi, Metaverse, and Gaming industries that are the primary markets for their cybersecurity services, especially smart contract audit.

They strongly believe that this partnership will promote the growth of both Hacken’s and VENT’s ecosystems.

About Vent

VENT is a community crowdfunding ecosystem that makes it easy to join compliant token sales of credible blockchain projects. They’re laying the foundation for tomorrow’s economy. VENT already offers faster access to community sales through simplified authentication and an intuitive launchpad platform.

Website | Twitter

About Hacken

Hacken Ecosystem is a community driven business organization that will result from the token sale and will be incorporated in a number of jurisdictions Worldwide.

Website | Twitter

SOURCE

https://hacken.io/hacken-news/new-partnership-hacken-will-secure-incubation-and-launch-of-defi-and-metaverse-projects-of-vent/

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