HashEx's team continues to improve the protocol's underlying tech in an effort to fend off threats. (Reporting via Bio_Chameleon)
As the cryptocurrency market has grown, so too have the number of bad actors looking to exploit vulnerable decentralized finance, or DeFi, protocols, and projects for their own gain. Earlier this month, the Ethereum-Solana Wormhole token bridge suffered the biggest hack of 2022, with $321 million lost due to a signature verification vulnerability. Such exploits have gotten increasingly sophisticated over the years.
The old-fashioned auditing method consists of a manual check and an automatic test of the underlying code. As Dmitry told Cointelegraph: Sometimes, Dmitry continues,"problems cannot be conjured then tested, as they are do not arise mistakes in the logical flow of code, but from minor errors such as in the Ethereum Virtual Machine, which happens quite often." To overcome this fault, HashEx has derived a new"stochastic testing" method. Using AI, its software generates 1,000 to 100,000 randomized transactions with different trends and parameters to stress-test the smart contract.
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