Blockaid has announced a partnership with the Sui Foundation to enhance the security of the SUI ecosystem.
According to the advertisement, Blockaid will add protection to the sui wallets and respond to the exploitation of the smart nodes, unified threats and operational errors on SUI.
Sui supports SUI growth, Blockchain layer It was launched in May 2023 In order to create a central network that can manage a large volume of transactions with minimal delay. According to To a blog post, the total number of accounts on Blockchain 67.3 million in 2024. As of March 11, SUI had $ 1.1 billion of the total value, a decrease from two billion dollars on January 6. according to Devilia.
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Blockaid, which was announced in February a Financing $ 50 million from the series BIt provides security tools in the web3 space for customers like excellentand Collapse and Coinbase. In November 2024, Blockaid made a partnership with the backpack to Prevent 26.6 million dollars from possible losses One of the decentralized financial attacks on Solana.
Users have been targeted on the SUI network recently by stray actors. On January 26, Crypto Sleute Zachbt I mentioned An attack led to a loss of $ 29 million to the user on the SUI network, mixing stolen money using Tornado Cash. The investigator pointed out that the current restrictions in Sui Blockchain Explorer and analysis tools made the theft difficult to follow. In June 2023, level I issued a reward of $ 500,000 To Blockchain Certik Security Company to discover another threat to the network.
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SUI programming language reduces threats but still necessary audits – Slowmist
In a publication in September 2024 on a medium, Blockchain Slowmist security company has a detailed SUI network analysis, writing Co -audits are still needed despite the move, the SUI programming language, reduces many problems facing Blockchains that use other languages.
“Compared to other Blockchain platforms, Move is outperforming the common smart weaknesses, […] “Make Soy more powerful and reliable from an artistic point of view.” “However, developers still pay attention to the safety of business logic, especially in areas such as permission management, use of the object type, and symbolic consumption, to avoid losing assets due to coding errors or improper design.”
According to For SUI, while movement design can prevent many common weaknesses seen in other networks, it may still be vulnerable to protocol attacks, including “threats such as relying on time obedience, logical errors, unsafe randomness, and gas reduction points.”
Related to: Crosschain: How to penetrate the infiltrators stolen assets
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