Tag: BlockSec

BlockSec launches collaborative testing toolkit for private forked chains

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Blockchain security tech firm BlockSec has launched a new toolkit that enables collaborative testing on private chains “forked from arbitrary (transaction) positions” and block numbers on the Ethereum mainnet. The developer and security researcher-focused toolkit is dubbed the “Phalcon Fork” and was launched by BlockSec on April 14. We’re thrilled to introduce Phalcon Fork, a cutting-edge toolkit for Web3 developers & security researchers! It enables collaborative testing with private mainnet states, creating private chains forked from any mainnet position. #Web3 #DeFi pic.twitter.com/TlK169GeLP — BlockSec (@BlockSecTeam) April 14, 2023 Phalcon Fork…

Wintermute inside job theory ‘not convincing enough’ —BlockSec

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Blockchain security firm BlockSec has debunked a conspiracy theory alleging the $160 million Wintermute hack was an inside job, noting that the evidence used for allegations is “not convincing enough.” Earlier this week cyber sleuth James Edwards published a report alleging that the Wintermute smart contract exploit was likely conducted by someone with inside knowledge of the firm, questioning activity relating to the compromised smart contract and two stablecoin transactions in particular. BlockSec has since gone over the claims in a Wednesday post on Medium, suggesting that the “accusation of…