The Quantstamp Blog

Quantstamp Joins DID Alliance
Quantstamp is proud to announce that it is joining the DID Alliance, an open industry association focused on the development and maintenance of new industry standards for interoperable decentralized identity. With Korean and Silicon Valley companies as founding members, DID Alliance aims to develop and distribute decentralized ID technology that benefits companies globally.

Quantstamp Secures and Protects DAI Backstop Syndicate
DeFi community rallies to fill a shortfall forming the DAI Backstop Syndicate, protecting the DAI. Quantstamp provides smart contract coverage warranty via Chainproof while helping to secure the software with support from Maker.

Quantstamp Joins the #CryptoAgainstCOVID Alliance
Quantstamp is proud to announce that we are contributing to the Binance Charity Project, Crypto Against COVID. Donations made through this global campaign will be used to purchase medical equipment and supplies that will be distributed throughout countries that are currently most heavily impacted by the virus.

Quantstamp Joins MyID Alliance
Quantstamp is proud to join the MyID Alliance, a Digital ID initiative by ICONLOOP. As the world moves towards more online and less face-to-face interactions, Digital ID will be a key enabling technology.

Market Dynamics of the 1st bZx Hack: Flash Loans and the Insolvent Loan
In this series, we describe the market dynamics of the 1st bZx attack so we can avoid attacks with market manipulation components in the future.

Top 3 DeFi Trends
This post discusses how flash loans, zaps, and DeFi aggregators are leveraging composability in order to simplify the user experience and ultimately make DeFi markets hyper-efficient.

Bringing Bitcoin to DeFi
DeFi is blockchain’s first killer app, with assets locked up approaching $1 billion USD. But one major asset is missing: Bitcoin. Bitcoin is not only the first crypto asset, but the largest - with over $168 billion USD of Bitcoin in circulation it has deep pools of liquidity. It is one of the least volatile cryptocurrencies and has a large network of fiat on and off ramps. All these properties make it a great crypto-collateral. We think Bitcoin has the potential to transform the DeFi landscape as the most widespread and liquid asset available today.

DeFi’s Double-Edged Sword
Composability allows for DeFi projects to leverage one another to create powerful new functionality. However this composability also introduces more risk. These issues have existed for a while, but have been made easier to exploit through the introduction of flash loans. While flash loans themselves do not introduce new vulnerabilities, they level the playing field for attacks which previously required large amounts of capital.

10 Quick and Dirty Facts about the bZx Hacks
Quantstamp provides readers with insightful information concerning the bZx hacks.