Cyfrin - Top Smart Contract Audit Company

Press Release • May 3, 2023

The world of Decentralized Finance (DeFi) and blockchain technology is rapidly evolving, and with it come several security risks. As the industry matures, smart contract audits become increasingly important to ensure that projects run securely and efficiently.



Cyfrin is at the forefront of this new blockchain security wave by offering developers and investors smart contract audit services. With experienced and certified professionals on staff, Cyfrin guarantees secure, reliable audits backed by industry best practices. 


In this article, we'll look into Cyfrin's ecosystem, mission, and the steps involved in a smart contract audit. Cyfrin’s core is the smart contract audit service, and the company’s offering also includes code reviewing and Web3 education.


What Is Cyfrin?

Cyfrin is a Web3 security company specializing in blockchain integrations, smart contract auditing, and educating developers. Their team is comprised of top competitive auditors, smart contract engineers who have written code that secures billions in DeFi, and have developed the most watched blockchain developer curriculum. 


Cyfrin has provided smart contract security to many projects in the industry, as well as trained thousands of developers worldwide. They are committed to providing world-class protection and education for their partners and projects. 


The Team Behind Cyfrin and Its Mission

The Cyfrin team consists of top engineers and auditors in the space. Each member brings a unique skill set to the table. For instance, we could mention Patrick's two FreeCodeCamp vides that have a combined ~5M views, and Hans's #1 ranking on Code4rena. 


Furthermore, Alex is an ex-Chainlink Labs engineer with experience integrating billions of dollars worth of DeFi. 0Kage and Carlos are Code4rena's top finishers, while Giovanni has a strong smart contract development, fuzz & invariant testing, and also a competitive auditor. 


By leveraging their expertise, Cyfrin strives to create a safe, reliable, and transparent environment in the Web3 and DeFi space. 


Smart Contract Audits

Smart contract audits are incredibly important in ensuring the security of your blockchain-based protocol and digital assets. 


By continuously auditing the code, businesses can stay ahead of attackers, always looking for vulnerabilities to exploit. Smart contract audits cover architecture design, coding standards, and security best practices.

Cyfrin is committed to helping businesses ensure the security of their protocols and digital assets through comprehensive audits. Cyfrin's team consists of experienced auditors with extensive knowledge of blockchain technology and smart contract development. 


As a result, they can provide clients with an in-depth review of their codebase. These audits can also identify potential risks and suggest best practices to improve the security of their protocol.


Code Review

Code reviews are at the core of the software development process. Reviews allow developers to ensure that their code is working correctly and efficiently. 


Code review is a great way to identify problems with the codebase early in the development process. Remember that these issues may become too difficult (or expensive) to fix as your project evolves. 

Developers can spot potential bugs with a code review, explain how their code works, and suggest improvements. Code review ensures that your software development project is on track and cost-effective.


Fuzz Testing

When reviewing a code, Cyfrin leverages strategies such as fuzz testing to identify potential issues that can result in vulnerabilities. 


Fuzz testing corresponds to a software testing technique providing invalid, unexpected, or random data as input to a computer program. Through this technique, Cyfrin helps developers identify hidden bugs, security flaws, and other problems with their codebase quickly and accurately. 


Web3 Education

Cyfrin does not only do code reviews and smart contract audits. The company has recently taken an educational stance on Web3 technology. 


Cyfrin’s CEO and Co-founder, Patrick Collins, has already produced two blockchain development courses on freeCodeCamp.org's YouTube page. 


These courses range from topics such as the fundamentals of blockchain to building a smart contract in Solidity. Cyfrin plans to build upon this expertise and create an even larger portfolio of Web3 educational resources for users. 


Through these efforts, Cyfrin strives to ensure users have the resources and knowledge needed to succeed in the DeFi/Web3 world. The company is working on launching the #1 Web3 developer education course. This plan intends to allow students to learn and master the technical aspects of blockchain development. 

Subscribing to the project's education website is an easy way to stay up-to-date with the latest trends in Web3 technology. 


How Does a Cyfrin Smart Contract Audit Work?

Cyfrin provides comprehensive smart contract audits to ensure the security of blockchain-based protocols and digital assets. Their process involves a 6 step approach, as outlined in the subsections below.


Step 1 - Price and Timeline

The Cyfrin smart contract audit process begins when a crypto team contacts the auditors. They discuss the audit's scope, which considers their code's complexity and size. Then they set a timeline and agree on a price for the audit. 


The time allocated to the audit often depends on how many lines of code the professionals will need to examine. Prices for audits can vary depending on who is conducting them. 


This phase is vital, as it helps establish a clear project understanding and ensures everyone is on the same page. This information creates an efficient process that can run effectively and efficiently. 


Step 2 - Lock Commit Hash, Starting Date, and Downpayment

The second phase in Cyfrin's workflow is to lock the commit hash, starting date, and downpayment. All parties must agree on these details to start the audit process. 


This ensures that all conclusions reached during the audit consider the same reference data set. These milestones make it possible to ensure the review of all aspects concerning the codebase. 


This will help to provide an accurate and reliable analysis of the project. All parties' commitment allows for an efficient process with a successful conclusion.


Step 3 - Beginning of the Audit Process

Cyfrin's smart contract audit work can begin following the first two steps. The company's engineers will lead the project, spending their time and resources thoroughly analyzing your contracts. 


Open communication is necessary to create a successful collaboration between Cyfrin and its partners. This ensures that everyone involved stays updated with the audit's progress and can address any potential concerns. With this effective partnership, Cyfrin will work to perform the audit with maximum efficiency. 


Step 4 - Initial Report

Another essential milestone in Cyfrin's smart contract audit process is the initial report. This report overviews the findings and categorizes issues as High, Medium, Low, or Informational. 


The findings always come with detailed explanations for further clarity. A call will then allow Cyfrin's engineers to ask questions about the results before fixing any identified problems. 


Different findings require different actions depending on the severity of the issue. Issues categorized as High are considered critical and should be at the top of the engineers' to-do list. 


Medium issues should also be looked into but may not require immediate action. Solving "Low" issues in later stages is often possible, as they do not pose a risk to smart contract operations. Lastly, Informational findings make users aware of potential risks so that they can take preventive measures. 


Step 5 - Mitigation Phase

At this point, Cyfrin's smart contract audit workflow introduces the mitigation phase. Following the audit report's suggestions, project engineers can fix security vulnerabilities. 


The mitigation steps may involve code updates and application architecture changes, with close collaboration between Cyfrin and the engineering team. This process helps ensure that the engineers address all remaining vulnerabilities before deployment. 


Step 6 - Final Audit Report

The smart contract audit process ends with the final audit report. Engineers will check the mitigations and update the report as "Acknowledged" or "Resolved," along with additional relevant information if necessary. 

Cyfrin will then sign off on the report, providing a comprehensive overview of all security issues. This step provides partners with peace of mind that their smart contracts have passed a thorough audit process. 


Final Thoughts - A Platform Determined to Make the World of DeFi and Blockchain Safer

Cyfrin is a company that provides the most comprehensive smart contract audit solution. It strives to make the world of DeFi and blockchain safer by finding potential security risks in the codebase. 


Through its thorough process, Cyfrin helps ensure that projects follow best practices to prevent common risks associated with smart contracts.


The need for secure, reliable smart contracts is only becoming more important as blockchain usage grows. Through Cyfrin's audit workflow, partners can have confidence in the security and accuracy of their projects. 

Don't hesitate to reach out if you want to know more about Cyfrin and its smart contract audit process.

Cyfrin's website has a lot of useful information, including an FAQ page, contact forms, and more. The team’s GitHub page lists several public smart contract audits, showing potential clients Cyfrin’s quality and depth.

 

Lastly, the team's social media channels offer up-to-date news about the company and its services: Twitter | YouTube | LinkedIn

Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. None of the content on Crypto Folds is investment advice nor is it a replacement for advice from a certified financial planner. Please do your own research before purchasing or investing into any cryptocurrency.  

SX Bet Bets Big on Berachain: Bringing Web3 Sports Betting to Bera

By Press Release • May 29, 2025
SX Bet has officially launched on Berachain, marking the next milestone in its cross-chain expansion strategy. With over 2 million bets placed, $675 million wagered, and 93% year-over-year growth in volume, SX Bet is reshaping the future of sports betting — and Berachain is the next big stage.  SX Bet’s Berachain launch comes with a unique incentive structure designed to reward bettors for their activity. Users can now place bets using the native $HONEY stablecoin and earn $SXBRT, a receipt token that can be staked to the SX Vault on BeraHub to generate weekly yields in $BGT, Berachain’s governance token. The more you win, the more you earn. SX Bet will be hosting a summer Berachain betting tournament with a 69,420 bet credit prize pool from May 31 - July 14th and airdropping bet credits to top Berachain communities. But the Berachain deployment is not just about incentives. It’s about creating a scalable global liquidity hub for bettors and builders alike. Builders can leverage SX liquidity to launch their own custom betting frontends and experiences. “SX Bet isn’t just a single dApp — it’s a betting protocol anyone can build on. With this Berachain launch, we’re not just growing SX, we’re growing the entire Web3 betting ecosystem,” said Andrew Young, SX Bet Project Lead. The cross-chain architecture enables shared liquidity across multiple blockchains, allowing users to place bets on their preferred chain without sacrificing odds or depth. Already the top sports betting dApp by volume on Arbitrum, SX Bet has achieved sustained growth without relying on ongoing incentives — proving that sharp odds, fast UX, and a product-first approach win. Bettors choose SX for its peer-to-peer, non-custodial, on-chain model — a platform with the best odds, deepest liquidity, and a clear message: winners are welcome. SX Bet is setting the standard for scalable sports betting infrastructure in Web3. For bettors: more rewards, deeper liquidity, and better odds. For builders: a plug-and-play liquidity engine to leverage and build upon. For chains: a sticky, high-volume dApp proven to drive user growth and retention. Start betting and earning on Berachain today: bera.bet About SX Bet: SX Bet is the fastest-growing on-chain betting exchange—built for the future of sports and crypto. All bets are peer-to-peer, the platform is non-custodial, and all bets are on-chain —offering a secure, trustless, and transparent betting experience. Built on the SX Network and now live on Arbitrum and Berachain, SX Bet is cementing its position as the global liquidity hub for sports betting. Learn more at sx.bet . SX bet is not available in the United States or other restricted regions. Media contact: business@sx.bet

Europe uses blockchain: launches free cloud mining settlement service for Bitcoin, Dogecoin, and Litecoin

By press release • May 28, 2025
As the global cryptocurrency industry matures, Europe is accelerating its move towards a new economic model dominated by blockchain. Recently, a multi-national European technology alliance jointly announced that it will officially launch a blockchain-based ultra-large-scale cloud mining settlement service, aiming to open up the entire process of cloud mining resources, transparent income distribution and cross-border contract settlement. This revolutionary system will be technically supported by the leading encryption technology platform BlockchainCloudMining , marking the deep integration of decentralized finance (DeFi) and high-performance computing power infrastructure. The entire system is built on blockchain smart contracts. Every income distribution and the operating status of each device can be recorded on the chain in real time. Users only need to log in to the platform to view daily computing power income, contract progress and mining asset settlement status. The platform promises "zero delay and zero black box". All settlements will rely entirely on on-chain verification to eliminate the risk of human manipulation. How to use blockchain cloud computing power to easily earn daily income? Step 1: Register an account Registering as a Blockchain Cloud Mining user will receive a $12 bonus, which can be used to purchase a $12 contract, with a daily income of $0.6. This plan provides new users with a free experience of cloud mining without any financial risk. Step 2: Choose Blockchain Cloud Mining Contract In addition to the $12 contract, there are multiple contracts that can be purchased at the same time. Each contract has a fixed income, and you can get more income after purchasing. As follows: ⦁ [New User Experience Contract]: Investment amount: $100, contract period 2 days, potential total income: $100 + $6. ⦁ [WhatsMiner M66S]: Investment amount: $500, contract period 7 days, potential total income: $500 + $40.25. ⦁ [WhatsMiner M60]: Investment amount: $1000, contract period 14 days, potential total income: $1000 + $168. ⦁ [Bitcoin Miner S21 XP Imm]: Investment amount: $5000, contract period 32 days, potential total income: $5000 + $2048. ⦁【ALPH Miner AL1】: Investment amount: $10,000, contract period 45 days, potential total income: $10,000 + $6,075. (The platform has launched a variety of stable income contracts, for more contract details, please log in to the official website Blockchaincloudmining.com BlockchaincloudMining advantages and features: Registration bonus: Register and get a $12 bonus immediately. No additional fees: transparent pricing, no hidden service fees or management fees. Cryptocurrency support: Provides trading of multiple cryptocurrencies such as USDT-TRC20, USDT-ERC20, BTC, ETH, LTC, USDC, BCH, SOL, DOGE, XRP, etc. Referral program: Earn up to $50,000 through the affiliate program by referring new users. Support and uptime: 100% Uptime commitment, 24/7 customer support and real-time settlement of earnings Conclusion: Blockchain + European regulation, reshaping the future of cloud mining The core value of "decentralization" is taking root in Europe, and BlockchainCloudMining is standing at the starting point of this new era. With Europe's advantages in policy support, data compliance, and energy structure, coupled with its own years of platform experience and technical accumulation, BlockchainCloudMining will lead the global cloud mining from "barbaric development" to "institutional drive", and start a truly future-oriented blockchain computing power revolution. If you are also optimistic about the future of digital assets such as Bitcoin and DOGE, and are looking for a new investment method with low threshold, high transparency, and automatic income, then now is the best time to join BlockchainCloudMining. Click with your fingertips and hold the key to the next digital wealth cycle. For more information about BlockchainCloudMining, please visit the official website: blockchaincloudmining.com or contact the company email: info@blockchaincloudmining 

VEEPEEN Launches with Viral Momentum, Crosses 3,000 Holders Amid VEEPEEN Meme Surge

By press release • May 28, 2025
The crypto world has a new viral disruptor: $VPN, a memecoin with a name that turns heads and a strategy that turns momentum into community. Unlike traditional VPNs (“Virtual Private Networks”), this VPN stands for Vagina Penis Network. The result is a meme-powered project that blends internet culture, social irreverence, and ironic utility into one fast-growing token. Now crossing 3,000 holders and expanding rapidly, $VPN captures the chaotic spirit of the internet. The team is openly tapping into the most viral meta of 2025: anatomy meets anonymity. This alignment has sparked a wave of “VEEPEEN” memes that now fuel much of the project’s viral energy. A Meme That Understands the Internet At its core, $VPN is a double entendre. It hijacks the acronym most associated with encrypted browsing and redefines it through the lens of raw, meme-ready branding. It is this intentional contrast (between data protection and digital depravity) that has made $VPN impossible to ignore. $VPN stands out for its cultural awareness and total commitment to internet-native humor. Gaining Traction and Market Attention Despite its absurd premise, $VPN is showing real momentum. Backed by high-engagement KOLs and degen communities, the token has evolved from a joke into a serious contender. Early buyers are aligning not just with a token but with a brand that openly challenges crypto’s tendency toward sameness. With viral growth, mounting attention, and talk of future listings, there’s a lot of hype around VPN. In fact, people in the space now cite $VPN as a potential $100 million market cap breakout. Built for the Post-Ironic Web3 Era The project’s tagline (“The only protection you need”) sums up its self-aware design. While traditional VPNs offer encrypted access and privacy, this $VPN offers something more abstract: a mirror to how crypto, memes, and culture collide in 2025. The VPN team is working to go beyond the mere memecoin definition. In fact, this project is more of a commentary wrapped in community. The idea is powered by people who understand that the internet rewards contradiction and commits to the bit. About VPN VPN (Vagina Penis Network) is a community-driven memecoin launched as a provocative fusion of privacy culture and viral internet branding. By reinterpreting the acronym VPN, the project builds its identity on contrast, chaos, and cultural resonance. With over 3,000 holders and rapid growth, $VPN has positioned itself as a standout token in the Web3 memecoin space. It is not a protocol; it is a performance. A decentralized brand for those who understand the power of memes, meta, and momentum. The project’s meme culture continues to expand across platforms, driven in part by the growing popularity of the “VEEPEEN” meme trend. Anyone curious to learn more about this project can check out the founder's official announcement and VPN's DexScreener page below. Website | X (Twitter) Official Announcement | $VPN on DexScreener 

AGFI Token to Launch on Bitbulls Exchange on 2nd June, 2025 at 09:30 AM UTC

By Press Release • May 26, 2025
Agrifi, a trailblazer in blockchain-powered agricultural solutions, is proud to announce the official listing of its native utility token, AGFI, on Bitbulls Exchange. Trading will commence on 2nd June, 2025, at 09:30 AM UTC , with the trading pair AGFI/USDT. Deposits and withdrawals will also be enabled at the same time. This significant milestone brings AGFI to a broader global audience, giving users the opportunity to participate in a revolutionary ecosystem where blockchain, AI, and IoT converge to power smart agriculture.  AGFI: Powering the Future of Agriculture AGFI is more than just a token—it’s the fuel behind the Agrifi platform, which empowers farmers, agri-businesses, and consumers with transparency, automation, and real-time data across the agricultural value chain. From farm to fork, every transaction and data point is immutably recorded on-chain. With AGFI, users can: Access premium AgriFi platform features Participate in blockchain-verified supply chains Stake tokens for rewards and ecosystem governance Facilitate secure, transparent agri-financial transactions Why Bitbulls Exchange? Known for its robust security, advanced trading tools, and user-centric design, Bitbulls Exchange is the ideal platform for AGFI’s trading debut. Bitbulls adheres to global compliance standards, ensuring a safe, intuitive, and scalable trading experience for new and seasoned investors alike. “The listing of AGFI on Bitbulls is a defining moment for the Agrifi ecosystem,” said an Agrifi spokesperson. “It opens doors for global participation in a token economy that’s transforming agriculture as we know it.” “We are thrilled to host AGFI’s listing,” added the Bitbulls Exchange team. “It represents the kind of real-world use case that blockchain needs to scale mainstream adoption.” Launch Details: Token Symbol: AGFI Trading Pair: AGFI/USDT Launch Date: 2nd June , 2025 Launch Time: 09:30 AM UTC Exchange: Bitbulls Exchange Stay Connected: Facebook: https://www.facebook.com/agrifiofficial Instagram: https://www.instagram.com/agrifi_official/ Twitter: https://x.com/Agrifi_official Telegram: https://t.me/bitbulls_exchange Website: agrifi.tech | https://bitbulls.exchange/
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