In 2023, the Web3 security landscape experienced significant changes, as detailed in CertiK's Annual Report. The year saw a notable decrease in financial losses due to hacks, scams, and exploits, down to $1.8 billion, which is 51% less than in 2022 and 65% lower than in 2021. Despite this positive trend, the number of incidents rose to 751, indicating ongoing vulnerabilities. November emerged as the costliest month, with losses totaling $363 million. Private key compromises were identified as a primary cause, responsible for half of the year's losses. The report also explores intriguing cases like KyberSwap and analyzes the correlation between DeFi’s Total Value Locked (TVL) and the losses incurred. CertiK's achievements in 2023 included launching the SkyInsights platform, earning accolades for mobile security, and receiving a significant bug bounty from SUI. This highlights the company’s proactive approach in the evolving field of Web3 security.

Introducing the Skynet Trust Score The Skynet Trust Score is an updated version of the Security Score that users are currently familiar with on CertiK's Security Leaderboard. Check out our new video and blog explaining it: https://certik.com/resources/blog/6QngchVV4Yuzt2P3uputor-introducing-the-skynet-trust-score

Skynet Quest is a brand new platform that unlocks Web3 security with engaging learning experiences and tools. By completing quests, users gain practical knowledge of Web3 security, earn rewards, and unlock valuable tools. Whether you're a novice or an expert, Skynet Quests has something to teach everyone.