Back to Blog

BlockSec Partners with IOC and AЯMRD to Enhance Web 3.0 Security

Code Auditing
January 17, 2024

Introduction:

In the rapidly evolving landscape of blockchain technology, security remains a paramount concern. As the adoption of Web 3.0 continues to grow, the need for robust security measures becomes more pressing. To address this, BlockSec who conduct cutting-edge research, provide reliable security services and build insightful tools, has formally agreed to partner with Intelligence On Chain's (IOC) brand new suite of services called 'AЯMRD.'

IOC have positioned AЯMRD to become the Ultimate Web 3.0 Help desk, by offering a whole suite of services to new and existing crypto projects, that provide end to end security.

The collaboration between BlockSec, IOC, and AЯMRD marks a significant stride towards fortifying the foundations of decentralised applications. By leveraging cutting-edge tools and high-quality auditing services, the partnership is poised to set new standards for security in the blockchain space, ensuring a safer and more secure future for Web 3.0.

The Partnership:

BlockSec, has entered into a strategic partnership with IOC and AЯMRD to provide advanced auditing services and leverage their innovative tools for enhanced security, within the AЯMRD ecosystem. This collaboration aims to make the Web 3.0 space safer by proactively preventing attacks during both the design and live phases of smart contracts.

Utilising BlockSec's Smart Contract Auditing Services:

BlockSec's smart contract auditing services play a pivotal role in securing smart contracts. By thoroughly reviewing the codebase and identifying vulnerabilities, BlockSec ensures that smart contracts are resistant to potential exploits. This proactive approach is essential in preventing security breaches that could compromise the integrity of decentralised applications (DApps).

Phalcon: A Cutting-Edge Security Solution:

As part of this collaboration, BlockSec will deploy BlockSec Phalcon as a part of AЯMRD, the Web 3.0 Helpdesk allowing IOC to offer attack detecting and automated defense for protocols as a part of its package. Phalcon employs state-of-the-art techniques to identify and mitigate potential threats as they occur and prior to the attacked being confirmed on the blockchain, significantly reducing the impact of vulnerabilities in their smart contracts. Phalcon will be combined with many more offerings (within AЯMRD) and available through a subscription model.

IOC commits to using MetaSleuth exclusively:

In an effort to provide all-round comprehensive security package, IOC has agreed to exclusively utilise MetaSleuth as its Ethereum Virtual Machine (EVM) visualisation tool, which has unique advantages in cross-chain analysis, intelligently displaying key pathways, and matching flashswap transactions. In the event that a client is exposed to a hack or exploit, IOC will pursue the attackers using MetaSleuth, a long time preferred tool.

Making Web 3.0 Safer:

The combined efforts of BlockSec, IOC, and AЯMRD represent a significant step forward in making Web 3.0 safer for users and developers alike. By incorporating smart contract auditing services, advanced security tools like Phalcon, and real-time visualisation with MetaSleuth, the partnership aims to create a resilient blockchain ecosystem that withstands potential attacks.

Sign up for the latest updates
~$4.1M Lost: Taiko, SecondFi Exploits | BlockSec Weekly
Security Insights

~$4.1M Lost: Taiko, SecondFi Exploits | BlockSec Weekly

This weekly blockchain security report covers two notable incidents from June 22-28, 2026, with approximately $4.1M in confirmed losses across Ethereum and Cardano. The Taiko bridge exploit combined an exposed SGX enclave signing key with an incomplete attestation policy that failed to reject debug enclaves, allowing the attacker to register a malicious prover and forge L2 state proofs on Ethereum. The SecondFi wallet vulnerability stemmed from a cryptographic implementation flaw in Ed25519 nonce derivation that removed the secret input, enabling offline private key recovery from public Cardano transaction data.

~$18M Lost: jaredFromSubway, Aztec & More | BlockSec Weekly
Security Insights

~$18M Lost: jaredFromSubway, Aztec & More | BlockSec Weekly

This weekly blockchain security report covers June 15 to June 21, 2026, with 3 notable incidents across Ethereum and BNB Chain totaling approximately $18.3M in losses. Two incidents are analyzed in detail. Based on on-chain analysis, the highlighted jaredFromSubway incident reveals a reversed approval attack pattern: unlike traditional exploits where attackers abuse vulnerabilities in trusted DeFi contracts to drain user-approved assets, this MEV bot proactively approved its own assets to untrusted third-party contracts for arbitrage. The attacker constructed fake wrapper tokens and swap pools that emitted real events but never consumed the granted allowances, with reported total losses of ~$15M. The report also covers Aztec's second exploit in three days, where a missing equality constraint between two witnesses for `old_data_root` in the escape hatch ZK circuit allowed the attacker to prove ownership of fabricated notes against a fake Merkle tree while passing on-chain root validation.

Web3 Companion: The Open-Source Secure Agentic Wallet

Web3 Companion: The Open-Source Secure Agentic Wallet

BlockSec open-sources Web3 Companion, a security-first agentic wallet that treats its own AI agent as untrusted and uses key isolation, hard policies, and Passkey to protect on-chain assets.

Best Security Auditor for Web3

Validate design, code, and business logic before launch. Aligned with the highest industry security standards.

BlockSec Audit