We are delighted to share the results of our first protocol security audit, which was completed in July. BlockSec, an industry leader in securing dApp ecosystems, crypto-hack monitoring, blocking, and smart contract audits, has completed its review and audit of our protocol. Neptune Mutual helps safeguard the Ethereum community from…

All about blockchain, metaverse, hacks and NFTs — TL;DR Nomad Bridge was drained of nearly $190 million in an exploit. Crypto exchange ZB lost nearly $5 million in a suspected hack; Hackers target thousands of Solana wallets to steal assets valued about $6 million. NFT marketplace Magic Eden integrates Ethereum NFTs on their platform. Decentraland has unveiled the world’s…

Let’s first examine what attributes make DeFi so attractive so that we can understand why so much capital is invested in this space. Decentralised finance, or DeFi for short, is a growing ecosystem of financial protocols and applications that are built on the Ethereum blockchain. By utilising Ethereum’s smart contract…

TL;DR We were delighted to have been invited to participate in a Twitter Space discussion hosted by Polygon DAO. The winner of the third round of NPM Rising Stars was announced, following which the first trimester of the competition came to an end. We have completed our first round of…

All about blockchain, metaverse, hacks and NFTs — TL;DR Nirvana Finance was exploited using a flashloan attack draining $3.49 million. Hyundai has re-entered the NFT space with its second digital collectible collection. Coca-Cola held an NFT Airdrop to mark its Metaverse Anniversary. The MTV VMAs debut category for best Metavserse performance. With the cryptocurrency and blockchain markets having…

Many liquidity providers express dissatisfaction with “lock-ins” and the inability to exit insurance protocols, particularly when this comes as a surprise, in what we call an opaque pool. One of the cardinal rules of swimming is to first make sure the water is safe before diving in. The same rule…

All about blockchain, metaverse, hacks and NFTs TL;DR Hackers exploited Audius smart contract vulnerabilities robbing them $1.1 million The Nelson Mandela Foundation launched NFTs for Mandela Day. FC Barcelona is set to embrace web3 world with an NFT auction. Cadbury Gems ventures into the realm of NFTs. Crypto scams, hacks…

Underwriting capital (liquidity) is the lifeblood of any insurance entity. The same is true for blockchain cover protocols where the ability to source liquidity is one of the principal factors defining a protocol’s ability to scale the amount of protection it is able to offer. The Neptune Mutual community is…

Understand the importance of reporting hacks and exploits. Discover the process of how incident reporting works and the rewards that can come with it. Without a doubt, blockchain technology is inherently secure, however, the same cannot be said of the smart contracts built on top of it that offer so…