Published 2 weeks ago • 2 minute read

Blockchain Security Firm QuillAudits Identifies & Mitigates 47 Vulnerabilities Across 5 Projects

Press Release:

Dubai, UAE, November 8th, 2024, Chainwire


QuillAudits, a leader in blockchain security solutions, has once again demonstrated its commitment to safeguarding the Web3 space.

In their latest stride towards a secure decentralized ecosystem, the team identified and effectively mitigated 47 vulnerabilities across five prominent projects: StakedDX, Huddle01, Hivello, Zoniqx, and KYEX.

Keeping Blockchain Bug-Free Since Day 1

While Web3 innovation progresses rapidly, it’s essential to remember the importance of thoroughly reviewing smart contracts. Security firms like Quillaudits are here to reduce risks and make blockchain reliably secure.

StakedDX

StakedDX allows users to become Ethereum validators through staking on its platform. A comprehensive audit revealed and addressed 3 security concerns, including a double-spending issue with the withdrawSSVToken function.

Leveraging OpenZeppelin’s Ownable and Pausable contracts, the QuillAudits team ensured enhanced protection around privileged functions and batch deposits to the Beacon chain.

Users can check the audit report to learn more.


Huddle01

Huddle01’s sales contracts facilitate token purchases while tracking user data for NFT airdrops.

The QuillAudits team’s scrutiny uncovered and mitigated 7 vulnerabilities, such as centralization risks and the inability to update public allocation values after sales commencement. This meticulous review optimized contract quality, enhanced security, and maintained compliance standards using OpenZeppelin’s MerkleProof and SafeERC20 libraries.

Users can check the audit report to know more.

Hivello

Operating within Solana’s token ecosystem, Hivello’s contracts provide SPL token operations and tiered staking functionality.

QuillAudits’ sharp eyes identified 9 issues, including the risk of an admin potentially halting operations by closing the token vault. Now fortified, Hivello’s contracts ensure secure token management and staking through the Solana SPL token program.

Users can check the audit report to learn more.

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Zoniqx

Zoniqx’s advanced Tokenized Asset Lifecycle Management (TALM) platform caught QuillAudits’ attention due to its pivotal role in digitizing real-world assets.

During their extensive review, 17 vulnerabilities, such as locked tokens transferring prematurely and ineffective freezing operations, were successfully mitigated. This reinforces Zoniqx’s promise to offer secure, compliant, and reliable digital asset solutions.

Users can check the audit report to learn more.

KYEX

KYEX, with its ambition to reshape decentralized finance (DeFi), faced a meticulous security audit.

QuillAudits pinpointed and addressed 11 vulnerabilities, notably gas fee miscalculations and incorrect cross-chain transfer handling for WZETA tokens. These improvements position KYEX as a robust, inclusive platform for multi-chain asset exchanges.

Users can check the audit report to learn more.

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About QuillAudits

QuillAudits, a leading blockchain security firm, has audited over a million lines of code across 1,000+ projects, securing $30B in AUM. They enhance web3 security through AI-driven & manual audits, token risk assessments, and monitoring tools. Additionally, they've hosted over 50 global events and conducted 300+ workshops, both offline and online.


Contact
Chief Marketing Officer
0x0Simba
QuillAudits
[email protected]

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