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Chester

@chesters

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507 Followers
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Chester
@chesters
#OpenLedger - Sovereign data blockchain for AI. đź’Ł There is an $8M investment from #Polychain, #HashKey, #BalajiSrinivasan. Launched a farming campaign with nodes. Allocated 51% for #airdrop. - Register by Google https://testnet.openledger... - Complete the social https://testnet.openledger... - Install the browser node https://chromewebstore.goo... - Open the app and log_in
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Chester
@chesters
#Certik #CertkQuest 🗳 Skynet Certik Quest 2024.12.06 Security Analysis: Clipper DEX Withdrawal Vulnerability Exploit (https://skynet.certik.com/quest/clipper-dex-withdrawal-vulnerability-exploit?referralId=15090037664628037750) ❔What was the root cause of the Clipper DEX exploit? ▫️ Vulnerability in the withdrawal function ❔What action did Clipper take to prevent further exploitation? ▫️ Paused swaps and deposits, requiring mixed-asset withdrawals ❔The Clipper exploit affected all liquidity pools on the platform. ▫️ False
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Chester
@chesters
#Certik #CertkQuest 🗳 Skynet Certik Quest 2024.12.06 CertiK Highlights: Understanding SkyNode: Blockchain’s Secure Foundation (https://skynet.certik.com/quest/understanding-skynode-blockchains-secure-foundation?referralId=2600687963682224779) ❔What is a key feature of CertiK SkyNode? ▫️ It secures and optimizes blockchain nodes. ❔What is one benefit of SkyNode’s performance dashboard? ▫️ Tracks staking rewards and validator metrics. ❔SkyNode reduces the latency of historical data retrieval by 95%. ▫️ True
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Chester
@chesters
#Certik #CertkQuest 🗳 Skynet Certik Quest 2024.12.05 Security Analysis: Understanding the Polter Finance Exploit (https://skynet.certik.com/quest/understanding-the-polter-finance-exploit?referralId=2954822687255561651) ❔What caused the vulnerability in Polter Finance’s system? ▫️ Price oracle relying solely on spot prices. ❔How did the attacker inflate the price of BOO? ▫️ By manipulating liquidity pairs via flashloans. ❔What is a key lesson from the Polter Finance exploit? ▫️ Validate oracle prices with historical data.
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Chester
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#Certik #CertkQuest 🗳 Skynet Certik Quest 2024.12.05 Web3 Fundamentals: Stablecoin Risks: Identifying and Mitigating Vulnerabilities (https://skynet.certik.com/quest/stablecoin-risks-identifying-and-mitigating-vulnerabilities?referralId=4992615323810605070) ❔What is a common risk with fiat-backed stablecoins like USDT or USDC? ▫️ Dependency on centralized custodians ❔What caused the TerraUSD collapse? ▫️ A failure in its algorithmic stabilization system ❔What is one way to reduce risks when using stablecoins? ▫️ Diversify across multiple stablecoins with transparent audits
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Chester
@chesters
#Certik #CertkQuest 🗳 Skynet Certik Quest 2024.12.05 User Security: Protecting Against Crypto Phishing Scams During the Holiday Season (https://skynet.certik.com/quest/protecting-against-crypto-phishing-scams-during-the-holiday-season?referralId=6196031359835215222) ❔What is a common tactic used by crypto phishing scammers? ▫️ Sending malicious transactions for users to sign ❔Why does the holiday season increase phishing risks? ▫️ Online transactions increase, creating more opportunities ❔It’s safe to use public WiFi for checking your crypto wallets during the holiday season. ▫️ False
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Chester
@chesters
#Certik #CertkQuest 🗳 Skynet Certik Quest 2024.11.27 CertiK Highlights · Skynet Platform: How to Ace the CertiK KYC Badge (https://skynet.certik.com/quest/how-to-ace-the-certik-kyc-badge?referralId=4996612693874741600) ❔What does the CertiK KYC Badge signify? ▫️ The project team is transparent and verified. ❔What behavior should you avoid during the KYC process? ▫️ Using fake IDs or hiding key team members. ❔Why is the CertiK KYC Badge beneficial? ▫️ It builds trust and enhances transparency.
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#Certik #CertkQuest 🗳 Skynet Certik Quest 2024.11.27 Security Analysis · Web3 Fundamentals: Securing Solana SPL Contracts (https://skynet.certik.com/quest/securing-solana-spl-contracts?referralId=5339087637819256266) ❔What is a key feature of Solana's account-based model? ▫️ Predefined accounts for program execution ❔What is a best practice for Cross-Program Invocations? ▫️ Use CPIs with trusted programs only
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#Certik #CertkQuest 🗳 Skynet Certik Quest 2024.11.17 Project Spotlights: TNQ https://skynet.certik.com/quest/tnq?referralId=142797855362132239 ❔Which of the following is the utility token for TNQ’s ecosystem? ▫️ TNQ ❔The TNQ Token can be used for token Locking, DeFi Bots subscription, and performing transactions within the TNQ’s ecosystem. ▫️ True ❔Which KYC verification badge did TNQ's team receive from CertiK? ▫️ Gold
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Chester
@chesters
#Zora #Base #Airdrop #NFT ✨ One Billion Transactions ✨ Base released its own official NFT in collaboration with Zora to celebrate 1 billion transactions. 🔵 Mint it here:
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Chester
@chesters
#Certik #CertkQuest 🗳 Skynet Certik Quest 2024.11.17 User Security · Web3 Fundamentals: Multi-Signature Wallets Explained: https://skynet.certik.com/quest/multi-signature-wallets-explained?referralId=7423383841832564372 ❔What is the primary purpose of a multi-signature wallet? ▫️ Fiat currency reserves ❔In a 3-of-5 multi-sig wallet setup, how many signatures are required for a transaction? ▫️ 3 ❔Multi-sig wallets are only useful for large organizations. ▫️ False
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Chester
@chesters
#Espresso Espresso https://x.com/EspressoSys now officially live on mainnet and launched their first activity. đź“ŤTo participate: - go to the website (https://infinitegarden.espressosys.com/) and connect the wallet; - scroll down, make a free mark in Espresso Mainnet; - share in X.
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Chester
@chesters
#Certik #CertkQuest 🗳 Skynet Certik Quest 2024.11.15 Web3 Fundamentals: Understanding Stablecoin Reserves: https://skynet.certik.com/quest/understanding-stablecoin-reserves?referralId=17612834000122158138 ❔What backs fiat-backed stablecoins? ▫️ Fiat currency reserves ❔Why is overcollateralization used in crypto-backed stablecoins? ▫️ To hedge against the volatility of crypto assets ❔Algorithmic stablecoins rely on traditional reserves to maintain their peg. ▫️ False
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Chester
@chesters
#Certik #CertkQuest 🗳 Skynet Certik Quest 2024.11.15 User Security: Cybersecurity Best Practices for Telegram: https://skynet.certik.com/quest/cybersecurity-best-practices-for-telegram?referralId=12665731045595984720 ❔What is the purpose of enabling two-step verification on Telegram? ▫️ To add an extra layer of security with a password ❔Which feature should you use for end-to-end encrypted conversations? ▫️ Secret Chats ❔By default, all Telegram chats are end-to-end encrypted. ▫️ False
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Chester
@chesters
#Certik #CertkQuest 🗳 Skynet Certik Quest 2024.11.13 Security Analysis: CryptoBottle Incident Analysis: https://skynet.certik.com/quest/cryptobottle-incident-analysis?referralId=17608358230201569559 ❔What was the total loss resulting from the CryptoBottle incidents in October 2024? ▫️ ~$527,000 ❔What vulnerability in the swap() method allowed the October 24 exploit to succeed? ▫️ isabled balance check ❔What function did the attacker use to acquire large amounts of NAS tokens with minimal USDT? ▫️ Invest()
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#Certik #CertkQuest 🗳 Skynet Certik Quest 2024.11.13 Security Analysis · Industry Insights: Enhancing Security Awareness for Web3 Desktop Wallets: https://skynet.certik.com/quest/enhancing-security-awareness-for-web3-desktop-wallets?referralId=5565212364724917616 ❔Why are weak encryption algorithms used in some desktop wallets a security issue? ▫️ They are vulnerable to brute-force attacks ❔What is a key benefit of using an MPC wallet for digital asset security? ▫️ It divides private keys across multiple participants, reducing single points of failure
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Chester
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#Certik #CertkQuest 🗳 Skynet Certik Quest 2024.11.12 Project Spotlights: GOAT | AI Bot Meme: https://skynet.certik.com/quest/goat-ai-bot-meme?referralId=3375911186091786983 ❔What was the primary factor behind Goateus Maximus ($GOAT) gaining sudden popularity? ▫️ Endorsement by an AI agent and a donation from Marc Andreessen ❔Terminal of Truths, an AI bot, directly created the $GOAT token. ▫️ False ❔Who manages the Terminal of Truths AI agent? ▫️ Andy Ayrey
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#Certik #CertkQuest 🗳 Skynet Certik Quest 2024.11.12 Industry Insights · Web3 Fundamentals · Project Spotlights: Pump.Fun (https://skynet.certik.com/quest/pump-fun?referralId=17166435879540614933) ❔What makes Pump.fun unique in the meme coin market? ▫️ It has a live streaming feature for promoting tokens ❔Pump.fun charges users to create tokens. ▫️ False ❔Which network is Pump.fun built on? ▫️ Solana
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Chester
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🗳 Skynet Certik Quest 2024.11.10 Skynet Platform · Security Analysis · CertiK Highlights: Analyzing Security for Solana-Based Memecoins with CertiK’s Token Scan - Part 2: https://skynet.certik.com/quest/analyzing-security-for-solana-based-memecoins-with-certiks-token-scan-part-2?referralId=8653397845801902492 ❔What does it mean if Mint Authority is active on a token? ▫️ The team can mint additional tokens, potentially inflating supply ❔Why is a high Major Holders Ratio considered a risk? ▫️ It increases the risk of price manipulation by a few large holders ❔Which tool can you use to monitor real-time trading activity and identify potential red flags? ▫️ DEXTools
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#Certik #CertkQuest 🗳 Skynet Certik Quest 2024.11.10 Skynet Platform · Security Analysis · CertiK Highlights: Analyzing Security for Solana-Based Memecoins with CertiK’s Token Scan - Part 1: https://skynet.certik.com/quest/analyzing-security-for-solana-based-memecoins-with-certiks-token-scan-part-1?referralId=10276299082802258139 ❔Why is it risky if one wallet controls a large portion of liquidity? ▫️ It allows one party to manipulate price or withdraw liquidity easily ❔What does it mean if a token’s metadata is changeable? ▫️ The team can alter the token’s attributes, which may be misleading ❔What does a high Token Scan Score (80+) indicate? ▫️ A generally low-risk token, though flagged issues should be reviewed
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