Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Coinbase => Topic started by: Bad leyar on June 26, 2021, 03:39:20 PM
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What Happened: Crypto exchange Coinbase Global Inc (NASDAQ: COIN) has launched a smart contract security tool called Solidify to detect and classify smart risks within crypto protocols.
The new tool was unveiled by Coinbase’s Principal Blockchain Security Engineer Peter Kacherginsky, who said in a blog post that Solidify would help “automate, standardize, and scale” their due diligence process for new token listings.
“Manual smart contract analysis is a time intensive and error prone process. Experienced teams miss occasional vulnerabilities which can lead to significant monetary loss (sic),” said Kacherginsky.
“To solve this problem we developed a tool called Solidify (a play on Solidity) to increase the rate of new asset security reviews without lowering our high security standard that Coinbase customers have come to expect for protecting their tokens.” Source (https://finance.yahoo.com/news/coinbase-launches-solidify-detect-security-144649269.html)