The post QuillAudits Uncovered & Mitigated 32 Critical Issues Across 5 Projects appeared on BitcoinEthereumNews.com.

In the fast-paced landscape of Web3, where smart contracts power the decentralized future, security has become the bedrock of trust and innovation. With billions of dollars and critical user data at stake, ensuring code is free from vulnerabilities is essential. Amid the rising demand for bulletproof audits, QuillAudits has carved out a reputation as a go-to security partner, offering tailored solutions across 20+ blockchain ecosystems. Backed by a flawless track record with 0 exploits, they are setting the standard for smart contract security, helping projects launch with confidence and peace of mind. Recently, QuillAudits uncovered and mitigated 32 critical issues across five major projects, enhancing the security and reliability of these protocols. Here’s a breakdown of these audits: 1. Torque Torque is a protocol designed to optimize loan management by facilitating the refinancing of crypto assets between Aave and Radiant lending pools. It allows users to repay loans in USDC or USDCe and withdraw WBTC or WETH. Critical Issues Identified: Inadequate handling of excess funds in repay functions Emergency withdraw function may fail for certain tokens Mitigated: 6 issues found and resolved, securing the protocol for efficient asset management. Check out the Audit Report. 2. BTCfi Runesfi (Rebranded to BTCfi) is developing a range of products for the Runes Protocol, including a DEX, Bridge, Trading Bot, and more. Their platform requires a secure infrastructure to support these applications. Critical Issues Identified: Outdated software and plugins Cpanel and webmail exposed Mitigated: 5 issues were identified and resolved, bolstering the security of the platform’s applications. Check out the Audit Report. 3. LicenseFlow LicenseFlow offers a licensing platform that enables secure product licensing. Its financial functions, however, posed potential risks. Critical Issues Identified: Use of payable.transfer might cause silent failures Potential loss of funds in transfer functions Mitigated: 2 critical issues were resolved,…

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Filed under: News - @ October 20, 2024 6:17 am