Dyma Budorin - Why Smart Contract Audit is Not Enough - TOKEN2049 Singapore 2025
Explore the critical vulnerabilities in blockchain security with Dyma Budorin, co-founder and Chairman of Hacken, in his compelling presentation "Why Smart Contract Audit is Not Enough" at TOKEN2049 Singapore 2025. As a seasoned expert in the field, Budorin challenges the notion that smart contract audits alone can safeguard crypto assets, emphasizing the importance of a holistic security approach for protecting digital assets and infrastructure.
In this insightful talk, Budorin highlights the multifaceted threat landscape facing the decentralized finance (DeFi) sector. From internal security risks such as disgruntled employees to external threats like supply chain attacks, he urges stakeholders to look beyond traditional audits. By sharing real-world examples of attacks on exchanges and decentralized protocols, Budorin illustrates the critical need for comprehensive security strategies, including bug bounty programs and rigorous operational checks starting at the HR level.
One especially innovative solution presented is the dual defense strategy, combining post-audit bug bounties with a community-driven approach to incentivize security investment. This groundbreaking method not only enhances protection but also engages the community in a predictive and rewarding security process.
For security-conscious crypto enthusiasts and stakeholders eager to fortify their digital frameworks, Budorin's presentation offers concrete strategies and practical advice. Remember to like, comment, and subscribe for more leading-edge insights from industry experts.
