smart contracts

Octane Secures Seed Funding to Fortify Smart Contract Security with AI

Octane Secures Seed Funding to Fortify Smart Contract Security with AI

Octane, a new cybersecurity startup dedicated to categorizing and protecting smart contracts, closed a successful seed funding round just last week. Archetype and Winklevoss Capital spearheaded this phenomenal financial accomplishment. The company intends to use the new capital to expedite product development, boost hiring, and scale-label vulnerability data.Founded by Giovanni...
KiloEx Hack Exposes DeFi's Achilles Heel: Centralized Oracles

KiloEx Hack Exposes DeFi's Achilles Heel: Centralized Oracles

Okay, let's talk about the KiloEx hack. $7.5 million gone. Poof. Another day, another DeFi disaster. This isn't just another statistic. It's a glaring spotlight on a fundamental flaw in the very foundation of decentralized finance: the reliance on centralized oracles.DeFi's Centralized Heartbeat – OraclesWe’re peddled this utopia of decentralized,...