CertiK Blog
Security research, regulatory insights, and data-backed analyses for the institutional Web3 era. Turning real-world signals into actionable intelligence.
Mar 12, 2026
Skynet Crypto ATM Fraud Report
Crypto ATM fraud is one of the fastest-growing financial crime categories in the United States. Criminal organizations exploit the speed and pseudonymity of crypto kiosks to extract funds from vulnerable populations at an accelerating pace. In the Skynet Crypto ATM Fraud Report, we discuss types of crypto ATM attacks, global statistics, attacker profiles, key enforcement actions, detection and mitigation strategies, and recommendations to protect against these types of fraud.
Read moreFeb 10, 2026
2026 Skynet Prediction Markets Report
Prediction markets crossed into the mainstream in 2025, with annual trading volume growing 4x and a small number of dominant platforms emerging. Kalshi, Polymarket, and Opinion now control the vast majority of global volume, each pursuing distinct regulatory and technical strategies.
Read moreFeb 2, 2026
Skynet Wrench Attacks Report
In 2025, wrench attacks unfortunately crossed a critical threshold. What was once treated as an edge-case risk has become a structural threat to digital asset ownership. Attackers are no longer acting opportunistically; they are operating as organized, transnational groups that combine OSINT-driven targeting, social engineering, and extreme physical violence to extract private keys.
Read moreDec 23, 2025
Hack3d: The Web3 Security Report 2025
Welcome to the 2025 Skynet Hack3D Report! This report offers deep dives into the exploits, vulnerabilities, and trends that define blockchain and smart contract security. They’re an invaluable resource for anyone seeking to understand the current landscape of Web3 security. Each report contains detailed incident analyses, technical insights, and the most comprehensive statistics on hacks, scams, and exploits in the entire Web3 industry.
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Resolv Protocol Incident Analysis
On 22 March 2026, the Revolv protocol was exploited, resulting in a loss of ~$26.8M due to a compromise of the project's cloud infrastructure which gave access to Resolv’s AWS Key Management Service (KMS).
Security Readiness Accelerates Regulatory Approval for VASPs
Security infrastructure is becoming a common bottleneck in VASP licensing. This guide covers what regulators evaluate, the documentation gaps that trigger follow-up cycles, and a practical sequencing framework to get ahead of them.
Movie Token Incident Analysis
On 10 March 2026, the Movie Token (MT) contract was exploited for approximately $242,000 due to a critical flaw in its 'sell' logic. The vulnerability stemmed from a double-counting error: when a user sold MT tokens, the contract simultaneously transferred them to the liquidity pair for the swap and added that same balance to a pendingBurnAmount variable. When distributeDailyRewards() subsequently burned those pending tokens, it created an artificial supply shock, inflating the MT price and allowing the attacker to drain value from the pool.
News
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CertiK Completes Proof of Reserves Verification for Gate Dubai
CertiK has completed an independent Proof of Reserves (PoR) audit for Gate Technology FZE, the Dubai-based entity of the Gate Group. Gate Dubai exchange is licensed by the Virtual Assets Regulatory Authority (VARA). The audit verified that the platform's on-chain reserves fully back its user liabilities across all in-scope assets as of December 31, 2025.
Slow and Steady Progress Toward U.S. Crypto Legislation
An overview of regulatory developments in the United States in February 2026, including the Senate Banking draft, GENIUS Act implementation, and the SEC “Task Force” transition.
Top 10 AI Agent Projects on BNB Chain
The Top10 AI Agent Projects on BNB Chain showcases the most trending AI Agent projects based on Skynet Score. These rankings reflect a comprehensive evaluation of security posture, operational maturity, market presence, and ecosystem traction. As autonomous on-chain agents gain adoption, security and infrastructure reliability remain the primary determinants of sustainable growth and institutional trust.
Technical Blogs
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Security Readiness Accelerates Regulatory Approval for VASPs
Security infrastructure is becoming a common bottleneck in VASP licensing. This guide covers what regulators evaluate, the documentation gaps that trigger follow-up cycles, and a practical sequencing framework to get ahead of them.
Hiding in Plain Sight: zERC20 and zk-Proof-of-Burn
For years, the industry has struggled with this exact question. In this article, we are going to dive deep into an emerging privacy solution: zERC20. zERC20 is a pragmatic, immediate implementation of a concept known as plausible deniability (originally proposed in EIP-7503), which means the cryptographic evidence of an action equally supports a completely innocent explanation. For zERC20, depositing funds into the privacy protocol is mathematically indistinguishable from a user accidentally sending tokens to a dead address.
The Counterparty Challenge in Institutional Crypto
When an institution sends digital assets to an address provided by a counterparty, it is relying on the counterparty's claim that they control it. The blockchain will settle the transaction regardless of who is on the other end. This gap between how institutions want to use digital assets and what the compliance infrastructure can actually verify is becoming harder to ignore as more regulated capital moves on-chain.
Reports
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Resolv Protocol Incident Analysis
On 22 March 2026, the Revolv protocol was exploited, resulting in a loss of ~$26.8M due to a compromise of the project's cloud infrastructure which gave access to Resolv’s AWS Key Management Service (KMS).
Movie Token Incident Analysis
On 10 March 2026, the Movie Token (MT) contract was exploited for approximately $242,000 due to a critical flaw in its 'sell' logic. The vulnerability stemmed from a double-counting error: when a user sold MT tokens, the contract simultaneously transferred them to the liquidity pair for the swap and added that same balance to a pendingBurnAmount variable. When distributeDailyRewards() subsequently burned those pending tokens, it created an artificial supply shock, inflating the MT price and allowing the attacker to drain value from the pool.
Skill Scanning Is Not a Security Boundary
OpenClaw is an open-source, self-hosted personal AI agent platform designed to run on a user’s local machine or server. It supports long-term memory, autonomous operation, integration with mainstream LLMs, and remote control through messaging platforms like Telegram.
Ecosystem
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Resolv Protocol Incident Analysis
On 22 March 2026, the Revolv protocol was exploited, resulting in a loss of ~$26.8M due to a compromise of the project's cloud infrastructure which gave access to Resolv’s AWS Key Management Service (KMS).
Security Readiness Accelerates Regulatory Approval for VASPs
Security infrastructure is becoming a common bottleneck in VASP licensing. This guide covers what regulators evaluate, the documentation gaps that trigger follow-up cycles, and a practical sequencing framework to get ahead of them.
Movie Token Incident Analysis
On 10 March 2026, the Movie Token (MT) contract was exploited for approximately $242,000 due to a critical flaw in its 'sell' logic. The vulnerability stemmed from a double-counting error: when a user sold MT tokens, the contract simultaneously transferred them to the liquidity pair for the swap and added that same balance to a pendingBurnAmount variable. When distributeDailyRewards() subsequently burned those pending tokens, it created an artificial supply shock, inflating the MT price and allowing the attacker to drain value from the pool.
Media
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Securing ZK: A Tale of Two ZK Bugs
In our previous video, we discussed Advanced Formal Verification of ZKP: Verifying a ZK Instruction. By formally verifying each zkWasm instruction, we were able to completely verify the technical security and correctness of the entire zkWasm circuit. In this video, we will focus on the bug discovery aspect, examining specific bugs encountered during the process and the lessons learned.
Introducing Skynet Quest: The Web3 Security Journey of a Lifetime
Skynet Quest is a brand new platform that unlocks Web3 security with engaging learning experiences and tools. By completing quests, users gain practical knowledge of Web3 security, earn rewards, and unlock valuable tools. Whether you're a novice or an expert, Skynet Quests has something to teach everyone.
The $5 Million Bug: Identifying and Resolving a Critical Flaw in a Bridge Contract
In December 2023, we shared an Aptos-related bug report with the Wormhole Bug Bounty Program. We were impressed at Wormhole’s quick and effective resolution of the issue. A patch resolved the issue within 3.5 hours of the initial report.