BitFinding @BitFinding
Building the future of transaction signing and the last line of defense in blockchain. bitfinding.com England, United Kingdom Joined January 2018-
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Huge thanks to @Giveth and everyone involved to make this happen. Thanks to this initiative we can spend more time in public good projects that benefit the whole ecosystem.
TheDAO's Ethereum Security QF Round matching funds have officially been distributed 🛡️ What started as a 500 ETH matching pool from @thedaofund ultimately grew to 638 ETH+ thanks to support from across the ecosystem. 134 projects have now received funding to continue their work
The latest Giveth newsletter is out 💜 Inside: 🛡️ @thedaofund Ethereum Security QF Round results and 638 ETH+ distributed 📊 A new dashboard to explore the round data 🤝 GIVfriend of the month: @wintermute_t 🙌 Featured project: @BitFinding 🏆 Newly verified projects: @walnut_dev, @dedaub and much more
It's great having @DecurityHQ securing the blockchain at the milliseconds game. Competition in this space is what will make the last line of defense stronger!
4/ Balancer V2 reached 54% of funds-at-risk in minute one, 93% by minute five. Even at that speed, @BitFinding's whitehat bot intercepted the attacker in the very next block - 12 seconds after the first malicious tx. ~$1M returned to Balancer DAO.
An AI agent that monitors every block, hunting smart contract hacks would be great right? Well @BitFinding is building it, and it has rescued $1.3M and counting. Learn more: youtube.com/watch?v=WUWT9W… Support: qf.giveth.io/project/bitfin…
@wiimee Thank you for supporting our whitehat endeavor!
This is the kind of security crypto needs more of: technical, proven, and built for the whole ecosystem. Today it is only rewarded through bounties. @Giveth lets the ecosystem fund it proactively. With QF, even $10 can carry far more weight. qf.giveth.io/project/bitfin…
Our whitehat bot fuzzes the blockchain on real time, detecting and intercepting exploits. As an example, only during the Balancer attack, we secured >$1M in a single block. We’re raising on @Giveth QF to scale our public-good infrastructure.
🚨 Exploit Alert: Bad error handling attack Chain: Ethereum Loss: 17 WBTC ($1.3M) TX: 0x770bc9a1f7c32cb63a5002b9ceb5c7994cd3af0fc6b2309cb32d3c46f629daa0 etherscan.io/tx/0x770bc9a1f…
Starting in 5
Happening today: @BitFinding’s founders are joining @Crypto_ISAC to walk through how their on-chain Exploit Interception Agent responded to the recent Balancer exploit in real time. ⏰ Today, 9 AM PT/ 12 PM ET 🔗 Last chance to register: buff.ly/5FhBzzK
Join us, we'll present what happened during the 2 hours following the initial Balancer attack, including the malicious and whitehat transactions in all the chains
DeFi defense at block speed, not alert speed. ⚡️ Join @BitFinding founders as they unpack the Balancer composable stable pool exploit and how on-chain interception stopped it in its tracks. Brought to you by @Crypto_ISAC in collaboration with @BitFinding. 📅 Dec 18 • 12–12:45 PM
What a Devcon for us. Only during the @summit_defi , we had 4 shoutouts including the closing panel We hope to inspire more teams to participate in whitehats and that protocols realize there's a real last line of defense for them. Thank you @iphelix, @0xJuani, @coconuthaxor
We optimize for rescued funds. This allows us to avoid false positives which are the main reason protocols don't automatically respond to alerts. Thank you @Montyly!
Alternatives like @BitFinding look promising. And if you are building a DeFi project and want to talk to offensive security people who are on the good side, know firsthand that these are very technical folks
Come meet our team. Good opportunity to learn what we and other builders are working on next
Last week we helped @Balancer recover part of the hack by intercepting exploits worth $1M. We identified and backrun the hacker in less than 5 seconds. Full timeline below ⬇️
Do you want to steer the future of this bot? Sponsor this research and work with us. DMs open
Our bot intercepted some of the Balancer's exploits worth over $600k. We are gonna share more details after the funds are safely returned
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