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SolidProof has announced a strategic collaboration with WagmiPad to enhance security and trust within the blockchain ecosystem. This partnership will integrate SolidProof's comprehensive audit and KYC services into WagmiPad's launchpad platform. Meanwhile, TheGemPad is receiving assistance from BlockSecTeam, which provided real-time attack alerts to help mitigate ongoing threats. CertiK has also expressed its commitment to supporting TheGemPad in addressing security challenges. In a related incident, GemPad, a no-code smart contract deployment platform, suffered a hack in December 2024, resulting in a loss of $1.9 million due to a reentrancy vulnerability in its collectFees function.
The BlockThreat newsletter by @_iphelix - my personal go-to place to keep track of everything that's going on in the world of cybersecurity in web3. Every serious security researcher should be subscribed🫡 https://t.co/eu428xv2yl
🚨 In December 2024, GemPad, a no-code #smartcontract deployment platform, fell victim to a $1.9 million #hack 😱 The attacker exploited a reentrancy vulnerability in the project's collectFees function 🚪 Read our explanation 👇 https://t.co/Xkru828QnL
Security in Web3 is a shared responsibility, and we recognize the efforts @TheGemPad is taking to address the challeng situation. CertiK is honored to assist GemPad and remains committed to providing comprehensive lifecycle security support to the community. https://t.co/USKPUwSl7q