movebit

ChainCatcher message, recently, MoveBit, a brand under Bitslab, successfully discovered and assisted in fixing a major denial of service (DoS) vulnerability in the Aptos network, rated as "high risk." This vulnerability, due to an imperfect memory pool transaction eviction mechanism, could lead to up to 90% of normal transactions being rejected by nodes. The Aptos team has fixed this vulnerability in the latest version and thanked MoveBit for its contribution in the official release notes.This move once again highlights MoveBit's technical strength in the blockchain security field and consolidates its leading position in the industry.MoveBit is a security team under BitsLab that focuses on the Move ecosystem, dedicated to establishing security standards and providing security audits to ensure the safety of the Move ecosystem.

ChainCatcher news, the public chain Movement, which has previously completed a $38 million financing, announced that it will launch the first developer ecosystem event in Asia, "Movement Torch Relay," in collaboration with the Move ecosystem auditing company MoveBit to encourage developers to join the Movement ecosystem.As part of its global hackathon "Battle of Olympus," teams that register for this round of offline events will not only participate in the Movement global hackathon competition, win hackathon prizes, and attend the Movement Integrated Day event during Token2049 in Singapore, but they will also have the opportunity to receive an additional incentive worth $200,000 provided by Movement and MoveBit.

ChainCatcher news, the paper "Empirical Study on the Security of Move Smart Contracts: Enhancing Analysis with MoveScan" by the MoveBit team under the Web3 security company BitsLab has been accepted by the prestigious international conference ISSTA 2024. This research work also received strong support from Aptos Labs and Mysten Lab.This research is the first comprehensive analysis of Move contract security, developing an efficient and precise tool called MoveScan, which discovered 97,169 defects across 37,302 contracts on the Aptos and Sui blockchains, indicating that defects are widespread.Furthermore, experimental results show that MoveScan achieves an accuracy of 98.85%, with an average analysis time of only 5.45 milliseconds.

ChainCatcher message, Mango Network has been fully audited by MoveBit. This audit method includes dependency checks, fuzz testing, static code analysis, manual reviews, etc., aiming to conduct comprehensive security testing of the code in a way that closely resembles real attacks, covering key areas such as chain security, stability, performance, and code quality.It is reported that the full-chain bridging protocol solution based on the BTCFi ecosystem released by Mango Network is also about to enter the review phase.