Recently, the main body of the well-known security agency Armors moved to Seychelles. Armors is an organization specializing in security services in the field of digital currency, providing services such as smart contract auditing, penetration testing, cross-chain security, platform security, data monitoring, vulnerability mining, defense deployment, and security consulting, assisting partners from around the world to build districts Blockchain security ecology. The Armors team is formed by more than 100 security whites around the world, with more than 10 years of blockchain technology background.
Armors is one of the earliest established professional blockchain security institutions, serving more than 1,000 customers in more than a dozen major countries and regions around the world. Armors has maintained a zero accident rate for safety for 5 years. Armors is a pioneer in the field of blockchain security with the mission of protecting the security of the blockchain encryption world. The digital currency monitoring system and security contract publishing system developed by Armors use the world’s leading artificial intelligence technology to protect and monitor blockchain protocols and smart contracts.
At present, Armors has cooperated with Polygon, BSC, Ethereum, Solana, Metis, Ada, Avalanche, OEC, HECO and other underlying chains and ecosystems, Token Pocket, Bitkeep, Mytoken, Imtoken, Coinhub, MetaMask and other wallets, Huobi, Binance, Okex, Kucoin , Bithumb, Bitfinex, Bybit, Coinw, LBank and other exchanges, as well as media and platforms such as CoinMarketCap, Coindesk, Tokeninsight, 7 o’clock, defibox and other media and platforms to reach security cooperation, and become the technical security consultant of many customers, won the unanimous recognition of customers and recommend.
According to Armors incomplete statistics: In 2021, there will be 231 blockchain security incidents that will be disclosed in the blockchain ecosystem, with losses exceeding $10 billion. Among them, there were 170 security incidents of various ecological DApps and DeFi, 15 security incidents of exchanges, 8 security incidents of public chains, 3 security incidents of wallets, and 35 security incidents of other types. The months with more security incidents and larger losses were mainly in April, June and August; from the perspective of various ecosystems, Ethereum lost the most, exceeding $1.3 billion, followed by the BSC ecosystem; from the attack field Look, it’s exchanges and DeFi that are more attacked. With the overall rise of the cryptocurrency industry, Armors believes that in 2022, digital currency security will still be one of the most concerned basic services in the blockchain field. In 2022, in addition to the original fields, Armors will focus on strengthening security monitoring in the fields of Gamefi, Socialfi, and web3.
For project parties and exchanges, effective efforts must be made to eliminate vulnerabilities and reduce security risks as much as possible. Before the project goes live, it is an important and indispensable link to conduct a comprehensive and in-depth security audit. Armors suggested that the project party should increase asset protection by introducing a multi-signature mechanism. At the same time, when the project interacts between protocols, it needs to do a good job of compatibility between protocols. When porting code of other protocols, developers need to fully understand the architecture of the porting protocol and the architecture design of their own projects to prevent capital loss. For users, as the gameplay in the blockchain field becomes more and more diverse, Armors recommends that users carefully understand the project background before investing, check whether the project is open source and whether it has been audited, and need to be vigilant when participating in the project. Project risks, especially need to pay attention to wallet security and beware of phishing traps.
So far, Armors has protected more than $6 billion in digital currency assets. After the relocation of the headquarters, Armors will focus on North America, Europe and Southeast Asia, serve the world, continue to provide comprehensive security services, and protect the safe and healthy development of the global blockchain ecosystem. Armors Company Limited (www.armors.io) is recruiting regional business development leaders globally.
