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Jared
@jared_inconfido
Founder • Web3 Security
Here:inconfido.comJoined April 2022

Jared’s Tweets

Ecstatic to announce this! Please take a look at the thread to learn what we at are doing
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📢 Collaboration announcement: Inconfido 🤝 Dapper Labs We are thrilled to reveal that we are working with @dapperlabs , through their @flow_blockchain developer grant, to build security tooling to help protect end users from scams and phishing.
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Really excited to be attending - see you there! Looking forward to meeting everyone
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Our founders @danny_inconfido , @jared_inconfido and @youss_inconfido will be attending @Zebu_live London #Web3 & #Crypto Conference on September 22nd-23rd 2022! If you’re around please come and find us to get to know what we are about and how we’re embedding security into Web3
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Internet vs. Web - People interchange these two terms, but they’re fundamentally different. I’ve got a post coming out soon on behalf of covering Web2 vs. Web3, the evolution of Web3, and combatting terms like ‘crypto’ and ‘blockchain’
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Builders just want to build a good product for their users. Often not caring as much about security framework guarantees. Web2 didn’t, Web3 should. are here to help and guide builders and end users. Let’s make security transparent, flexible, and human readable!
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This just shows how more and more Web3 threats are using Web2 vectors as initial entry points. Protecting your 'traditional' assets is just as important as secure smart contract development.
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1/ @deBridgeFinance has been the subject of an attempted cyberattack, apparently by the Lazarus group. PSA for all teams in Web3, this campaign is likely widespread.
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Another example of how web2 security impacts web3. If you ever need assistance with understanding security across both web2 and web3 then DM and we can support you
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Ribbon Finance suffered a DNS hijacking attack. On-chain analysis showed that it was the same attacker as Convex. One victim lost 16.5 WBTC. Transaction details etherscan.io/tx/0xd09057f1f twitter.com/ribbonfinance/
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A lot of people seem to think Web3 is secure by default, which is so far from the truth. Web2 cyber security concepts are still relevant, as are "old school" threats. are doing a lot of work behind the scenes around this one!
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This was not a "Blockchain Hack". It was a "Traditional Hack" I've been begging protocols to focus on traditional security too alongside blockchain security for months now.... ps the convex compromise earlier today was also not blockchain related. twitter.com/Mudit__Gupta/s
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This is the time when the Web3 builders build strong. Some lights at the end of the tunnel include the projects, products, and companies to come out of it all. , a Web3 security company, is here to help secure the end users and builders. Invisible Security in Web3
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Fantastic thread on Reentrancy from whose one of the security experts at . It’s really eye opening to see reentrancy attacks still so prevalent in the Web3 ecosystem, they open up serious vulnerabilities. Reentrance is not new to Web3, but very common.
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As we’ve seen from the latest attack on Fei Protocol’s Rari Fuse pools, reentrancy vulnerabilities in EVM-based smart contracts are still being widely exploited. Here’s a thread all about reentrancy vulnerabilities & what developers should be doing to protect against them: (1/21)
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released a short thread and visualisation here
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1/ Fortress Protocol suffered a price oracle manipulation attack. The `submit` function of the Chain oracle can be called by anyone and doesn’t have a power verification. @fortressloans @defiprime versatile.blocksecteam.com/tx/bsc/0x13d19
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Interesting thread on some common attack vectors / threats within DeFi. There is still plenty more, both basic and advance. However, one of the biggest threats is People. The security culture in Web3 is very immature still; we as a community need to do more
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0/ Many successful heists in DeFi and Web3 have nothing to do with bugs in the code. If you want to be safe, you need to understand all the ways in which a protocol can be attacked. 🧵Here are 9 attack patterns in DeFi that everyone should know
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We are only in Q2 of 2022 and just ~$500m away from 2021 total lost funds. This is scary… we must do more!
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User funds lost as a result of hacks: 2020: ~$300m 2021: ~ $2.1bn 2022 (so far) : ~$1.6bn Is anyone else seeing a disturbing trend here? Security is one of the three blockers of mainstream adoption. We must do better for them and for the ecosystem as a whole. @inconfido
User funds lost as a result of hacks: 2020: ~$300m 2021: ~ $2.1bn 2022 (so far) : ~$1.6bn Is anyone else seeing a disturbing trend here? Security is one of the three blockers of mainstream adoption. We must do better for them and for the ecosystem as a whole.
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saved over 1.3k ETH from being stolen by preventing the third pool from being emptied. Web3 security is wonderful, it's a shame it's such an immature area of the ecosystem. alongside these great minds such as BlockSecTeam are here to help!
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🚨🚨🚨 1/ Update: - The attack has been mitigated and all affected metapools have been paused. User funds are safe. Special thx to @BlockSecTeam - We’re tentatively planning to reward ~380k to blocksec for securing the 3.8m in vulnerable funds, pending gov vote
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Great short thread on how Forta monitored the suspicious events. Threat and Vulnerability Management is key for security regardless of Web2 or Web3. Great work . Hope to see future collaboration between you and in the near future!
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Forta real-time alerts could have prevented the $10 million @saddlefinance hack. Several early high confidence signals alerted on the attack 👇
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Awesome. BUT, what do the statistics look like for $BTC stolen vs fiat under VISA? We’ve got to do so much more for securing the ecosystem and end users. has accepted such tasks, so much to come!
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$13.1 trillion was paid in #Bitcoin last year. That's 20% more than the value of payments settled by VISA 🤔
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Inconfido? Learn what we’re all about in the below thread 👇
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Our inaugural 🧵 1/9 Over the next few months our primary aim at @Inconfido is combining as much security knowledge in the Twittersphere as possible, making it accessible to end users. So many great minds out there with amazing knowledge. We want your input too! #Web3 #Security
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