✨New achievement of Metatrust Labs: Meet VERITE - A Revolutionizing Smart Contract Security with Profitable Vulnerability Detection Smart contracts now manage billions in assets, making them lucrative targets for exploitation. However, existing fuzzing tools often fall short in identifying vulnerabilities with financial profit potential and automating their exploitation. Enter VERITE, a cutting-edge fuzzing framework that bridges this critical gap. What Makes VERITE Stand Out? 🔍 Action-Based Mutators VERITE simulates real-world actions (like token swaps and transfers) to explore fund flow scenarios, enabling the discovery of vulnerabilities rooted in financial operations. 💰 Profitability Recognition It can identify potentially lucrative exploits by analyzing token flows and uncovering anomalies, such as imbalanced token pairs or unconditional token gains. 📈 Profit Maximization Using advanced gradient descent techniques, VERITE refines exploit parameters, maximizing the profit potential from identified vulnerabilities. Key Performance Highlights: Tested on 61 real-world DeFi projects (average loss: $1.1M per project), VERITE uncovered vulnerabilities yielding an astonishing $18M in profits. Outperformed top fuzzers like ItyFuzz, discovering more profitable exploits in 12 targets and identifying 6 new vulnerabilities during audits. Applications: 1️⃣ Security Audits VERITE helps auditors detect critical vulnerabilities, elevating security assessments to new heights. 2️⃣ On-Chain Defense The framework can proactively monitor contracts and mitigate risks by identifying and exploiting vulnerabilities before malicious actors do. metatrust.io/blogs/post/intr… #Blockchain #SmartContracts #Security #DeFi

Thanks for the shoutout @Certora! We're excited that our #AI engine #PropertyGPT is contributing to secure smart contract development 💻

👏👏👏 Kudos to the TOP 3 teams of 2023 MetaTrust Web3 Security CTF Competition! You have impressed us with your works. Hope we can keep exploring and BUIDL together in the Web3 security industry. #MetaTrust #CTF #Web3 #Security

As the first large-scale exposure event in 2023, @MetatrustLabs will celebrate the New Year with Web3 industry leaders. The founder Professor Liu Yang will share the topic of blockchain security from 8-12pm tonight in Twitter Space. xitter.cf/huobiglobalzh/status/1… 1/2 #metatrust

Metatrust's fully automated security audit scanning product is currently also inviting users to use it for free Registration URL: reurl.cc/85koX4 Official website: metatrust.io/ Find more information: [email protected] 2/2 #smartcontract #blockchain #Security