Numen Cyber Successfully Held Its First-ever International Smart Contract Security CTF and Sensor Development Competition

Numen Cyber Successfully Held Its First-ever International Smart Contract Security CTF and Sensor Development Competition

Content provided by various contributors. DYOR.

Numen Cyber has successfully hosted its first-ever international Smart Contract Security CTF and Sensor Development competition. The event, which was sponsored by COCloud, Alibaba Cloud, and The Collective Solution, attracted over 400 participants from more than 200 teams worldwide, and offered a total prize pool exceeding $20,000.

The competition provided participants with an excellent opportunity to showcase their innovation, creativity, and problem-solving skills in the Web3 field, while also reflecting Numen Cyber’s mission to promote the development of Web3 security and safeguard Web3 security.

The Smart Contract Security CTF comprised 17 challenges covering Solidity, Move language, traditional network security, and other types. After 48 hours of intense competition, the ChainLight, KALOS, and Amber Labs teams emerged as the first, second, and third place winners, respectively. Their exceptional performance highlighted their strong technical skills and passion for technology. Many other teams and individuals also displayed their deep understanding of smart contract languages and hacking skills.

The on-chain Sensor Development competition was held concurrently with the Smart Contract Security CTF, and took place on Numen Cyber’s new Web3 security product-ImmunX. Unlike the Smart Contract Security CTF, Numen Cyber Labs launched 100 transactions on the ImmunX testnet, including ten transactions mimicking past attack events for participants to capture, covering common attack techniques such as re-entry attacks, overflow attacks, flash loan attacks, injection attacks, and price manipulation.

Participants demonstrated their technical prowess and strong desire to succeed, developing multiple ImmunX monitoring sensors within 48 hours and achieving excellent results. After rigorous evaluation by Numen Cyber Labs, the top three participants were selected as winners: ? Champion: jsvisa ? Runner-up: reklawetihwx ? Third place: MoreNever5

MOVE Accelerator, UnderBlock, ChainSecLabs, and Chainflag technology communities provided substantial technical support for the successful hosting of the competition.

The Smart Contract Security CTF and Sensor Development competition hosted by Numen Cyber was just the beginning. Numen Cyber looks forward to welcoming more talents to join and collaborate in promoting the development of smart contract security and on-chain security, and to better safeguard Web3 security.

Bitcoin live price
Btc
Bitcoin
$39.504
price
1.77767%
price change
TRADE NOW

Numen Cyber wishes to express its gratitude to all partners, participants, and teams who contributed to the success of the event and looks forward to meeting them again in future competitions.

Read more from author

Editor's picks

The Quest for Better On- and Off-Ramps in Web3

As we witness the impressive growth and evolution of the cryptocurrency market, we've come to an essential realization: our journey towards widespread Web3 adoption is still unfolding, with much ground yet to cover.  The DeFi sector, once a niche component of the broader business world, has now taken a significant leap forward. The numbers speak volumes: over 15,000 decentralized applications (DApps), twice as many NFT collections, and more than 50 chains are now active, according to DappRadar. Yet, these impressive…

The Tokenomics behind Sonorus – Earning SNS by holding a DJ Node

Sonorus is a Web3 platform seeking to change the future of the digital music industry and reward artists and music lovers. It uses a decentralized music voting system, TrendFi, enabling fans to earn by supporting their favorite songs while helping musicians gain the rewards and recognition they deserve. The platform operates on the Binance Smart Chain, offering transparent, engagement-driven monetization. Like most blockchain-based ecosystems, Sonorus uses digital tokens to fuel operations and ensure its growing community has a common medium…

What Will Happen to Crypto in 2024?

Cryptocurrency has become a hot topic in recent years, with digital assets like Bitcoin and Ethereum gaining immense popularity. As we look towards the future, many wonder what lies ahead for crypto in the year 2024. In this article, we will explore the current state of cryptocurrency, predict its future trajectory, and examine the impact of technology and economics on this rapidly evolving sector. Understanding the Current State of Cryptocurrency The rise of cryptocurrency has been nothing short of remarkable.…

What are the Web3 wallets?

In today's digital age, the concept of Web3 wallets has gained significant attention. But what exactly are these wallets, and why are they important in the digital world? Understanding the Concept of Web3 Wallets Definition and Function of Web3 Wallets Web3 wallets, also known as decentralized wallets or blockchain wallets, are digital wallets that allow users to store, manage, and interact with cryptocurrencies and other digital assets. Unlike traditional wallets, which are physical objects used to store cash and cards,…

ProfitRocket AI – An AI Community-Based Project for a New Crypto Trading Experience

In an ever-changing crypto landscape, ProfitRocket AI is setting the stage for next-level trading by fusing Web3 and Artificial Intelligence. As a community-driven endeavor, ProfitRocket AI prioritizes openness, integrity, and responsibility. Their platform not only offers staking and reinvestment options, but also introduces a revolutionary profit-sharing model. With a highly anticipated 3-month presale and airdrop event, they’re stirring excitement in the Web3 community. Discover how ProfitRocket AI aims to redefine the crypto trading experience. Unveiling ProfitRocket AI: The Vanguard of…

CAGA Crypto’s DAO Model: Community-Led Finance Revolution

A community-driven ethos is at the heart of the crypto revolution, and the decentralized finance (DeFi) movement is right at the forefront. In this burgeoning scene, CAGA Crypto is a potential powerhouse with a fresh approach. What's it all about? Let's unpack the essentials of staking, rewards, and CAGA's comprehensive plan. We're talking about a future crafted by its users, from its market debut to community-shaped developments. Inside the World of CAGA Crypto CAGA Crypto stands out with its commitment…

Unveiling CAGA Crypto: A Fresh Chapter in Community-Driven DeFi

Over time, numerous DeFi projects have burst onto the scene, each bringing a unique flair and contributing to the sector's quick expansion. The latest to join the bandwagon is CAGA Crypto, aiming to shake things up in the DeFi community. Today, let's dive into CAGA Crypto's offerings that aim to refresh the DeFi landscape. Introducing CAGA Crypto CAGA Crypto is a newcomer to the DeFi world, with a strong emphasis on community values. It operates on a decentralized autonomous organization…

Guide on How To Stake Crypto

Discover the ultimate guide on stake crypto and unlock the potential of earning passive income.   In recent years, the cryptocurrency market has witnessed an incredible surge in popularity. With its decentralized nature and potential for significant returns, many investors are exploring various ways to make money in this digital domain. One such strategy gaining traction is crypto staking. This comprehensive guide will walk you through staking crypto and offer valuable tips to maximize your earnings. Understanding the Basics of…

How to Buy Cryptocurrencies – Best guide on how to buy Bitcoin, Ethereum or XRP

Discover the best guides on how to buy Bitcoin, Ethereum, or XRP (Ripple).   Are you interested in delving into the world of cryptocurrencies? Whether you're a curious beginner or a seasoned investor, this comprehensive guide will teach you everything you need to know about buying Bitcoin, Ethereum, or XRP. These three cryptocurrencies are among the most popular and widely used digital assets, each with unique features and benefits. So, let's dive right in and explore the world of cryptocurrencies!…