Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Audit Firm
Top Smart Contract Audit and KYC Companies in 2024
It's no secret that business is undergoing fast change. As a result, companies must adapt when new technologies, like smart contracts, emerge to remain competitive. A crucial part of this adaptation process is ensuring compliance with regulations and safety. This is where a company's KYC (Know Your Customer) process or smart contract audit comes into play. Working with a reputable smart contract auditor or KYC provider ensures your company is compliant. This blog article discusses the benefits of using a…
3 years ago
How Smart Contract Audit and KYC Secures the DeFi Space
The decentralized finance (DeFi) space has developed substantially in the past three years. However, the threat of hacks and scams still looms on the horizon, leading to FUD (fear, uncertainty, and doubt) in users and projects. Fortunately, smart contract audit and KYC services can tilt the balance towards this sector's secure, more lucrative future. Auditing companies ensure that investors get behind real and feasible projects. Moreover, KYC standards guarantee the reliability of development teams and reduce malicious participants. These are…
3 years ago
Are Smart Contracts the Only DeFi Sector’s Guarantee on User Safety?
The security situation within the DeFi sector has been one of the top issues for users. Many new projects and inventions make attempts to address it a priority. These projects make several attempts to provide some slight assurance of user safety to users as a result. Among the key lines of thought is improving project anonymity. Using items like crypto tumblers may enhance the ability of masking. Another angle of improving user safety is targeting malware that carries out phishing…
4 years ago