Technical weaknesses in smart contracts, such as reentrancy and flash loan exploits, have led to substantial financial losses in the crypto space. Targeted security solutions, like SphereX and GoPlus,

The industry is moving toward fixing the private key vulnerability issue, just not evenly, Wish Wu, co-founder and CEO of Pharos, said.

Smart contracts are the worker bees of blockchain technology. Most of the programs that run on blockchains–ranging from financial exchanges to games–are decentralized applications (dapps) that are full of smart contracts, sometimes numbering in the ...