All of this because smaller teams can't afford high level audits and cybersecurity teams with insane prices.
For every smaller team / startup founder building in web3, try @RunOpsec. It will save you a lot of money and time and actually help.
Cybersecurity is more important than ever.
xitter.gq/0x3b33/status/21171483…
Multiple projects get hacked every day. You only hear about the ones above $1M
DefiLlama has 326 hacks logged this year, 83 of them under $100k.
And those are the ones someone wrote up. The small ones get no post mortem and no tweet from the team, the money is just gone
Yapeswap, Oct 25, $22k
> uniswap v2 fork that parks idle pool reserves in yearn vaults for extra yield
> governance had a quorum of 0
> a proposal backed by 0.000055% of the votes handed the attacker the factory admin role
> he pointed the factory at his own vault registry
> every pair "rebalanced" its reserves into his fake vault, 12 pairs, $21,955
The one X post about it has 94 views
@ RunOpsec will be the industry standard for crypto startups and projects of any size. Security is the main priority right now.
Cybersecurity will be in the top 3 of the biggest sectors in the US and the world.
xitter.gq/nikitabier/status/2115…



