A Smart Contract Audit is a thorough review of a smart contract’s code to ensure its functionality, security, and compliance with specified requirements. Smart contracts are self-executing pieces of code that run on blockchain networks, and any flaws can lead to vulnerabilities, financial losses, or unexpected behavior.The audit process typically involves examining the code for bugs, security risks, and logical errors. This includes checking for common vulnerabilities such as reentrancy attacks, gas limit issues, and improper access controls. Auditors often use both manual inspection and automated tools to identify potential weaknesses.Once the audit is complete, the auditors provide a report detailing their findings, including any identified issues and recommendations for improvement. This report is essential for developers and stakeholders as it builds trust, increases transparency, and helps ensure that the smart contract operates as intended.In summary, a Smart Contract Audit is a critical step in the development process, aimed at enhancing security and reliability before deploying a smart contract on a blockchain.

CoinShares Records $785 Million in Digital Asset Inflows, 2024 YTD Surpasses $7.5 Billion
European crypto investment firm CoinShares has released a digital assets flows report for last week. The publication showed net inflows