Back to Blog

How to Make Blockchain Attacks Blockable: 5 Proven Strategies

Phalcon SecurityCode Auditing
March 7, 2022
3 min read
Key Insights
  • Audits are essential but insufficient; DeFi needs proactive, real-time defense to stop ongoing attacks.

  • BlockSec demonstrated live detection and on-chain response, successfully blocking an active attack and returning funds.

  • Even audited contracts ca

Stopping a blockchain attack while it is still in progress changes the whole security equation. In DeFi, audits remain important, but audits alone cannot guarantee that every smart contract vulnerability has been removed. That is why more proactive blockchain security matters.

BlockSec has long believed that DeFi security needs more than post-incident analysis. It also needs systems that can detect live threats and take action before the loss spreads. A real-world blocked attack shows that this direction is not theoretical. It is already possible.

In the past few years, the DeFi ecosystem has seen many incidents, including cases where exploited contracts had already been audited by several firms. That does not mean audits are unhelpful. It means audits are one layer of defense, not the entire defense model.

A stronger model combines smart contract review with live monitoring and response. That is how blockchain attacks become more blockable in practice.

The Need for Proactive Blockchain Security

Traditional security work often focuses on finding vulnerabilities before deployment. That is still critical. But once a protocol goes live, the threat model changes. Attackers do not wait for perfect conditions. They test assumptions, exploit timing, and move quickly when they find a path.

That is why DeFi security needs proactive defense. A project should not rely only on discovering what went wrong after an exploit is complete. It should also ask whether it can detect and interrupt an attack while the attack is still happening.

On March 5, 2022 at 04:35:19 PM UTC, BlockSec’s internal system detected a pending attack transaction (0xc161973ed0e43db78763aa178be311733d4ffb77948d824ed00443803d22739c) launched by the attacker wallet (0xC711374BaC07Df9bB9dbAC596451517cEcBf0F0f). The system immediately sent a response transaction (0xf3bd801f5a75ec8177af654374f2901b5ad928abcc0a99432fb5a20981e7bbd1) and successfully blocked the attack.

After that, the rescued tokens were returned through this transaction to the project deployer account (0x67368f4c89dda2a82d12d3a703c32c35ff343bf6).

The rescued amount was not huge compared with losses from major DeFi incidents. But that is not the main point. The real point is that the attack was blocked. That proves a blockchain security solution can move beyond passive monitoring and into active defense.

Get Started with Phalcon Security

Detect every threat, alert what matters, and block attacks.

Try now for free

Enhancing Smart Contract Security and Preventing Attacks

The long-term answer to DeFi security is not one tool. It is a layered security model.

The first layer is prevention. That includes strong architecture review, secure coding practice, and deep assessment of smart contract vulnerabilities before launch. This is where Smart Contract Audit still plays a central role. A strong audit helps reduce risk before code reaches production.

The second layer is live protection. Even well-audited systems can still face risk because of new attack techniques, hidden assumptions, integration errors, or governance edge cases. A proactive monitoring and blocking system helps catch those cases when they appear in the real world.

The third layer is continuous improvement. Every blocked attack, near miss, or exploit analysis helps the ecosystem understand how to prevent blockchain hacks more effectively in the future.

This is also where technical challenges remain. Attack blocking systems still need to improve their success rate, handle different chain models, and adapt to environments beyond traditional execution patterns. But the key takeaway is already clear: blockchain attacks can become more blockable when the right security model is in place.

That direction matters for the whole ecosystem. Projects need more than visibility. They need security systems that can respond when speed matters most.

Best Security Auditor for Web3

Validate design, code, and business logic before launch

About BlockSec

BlockSec focuses on the security of the blockchain ecosystem and works with leading DeFi projects to secure their products. The team includes top security researchers and experienced experts from both academia and industry.

BlockSec has published multiple blockchain security papers in prestigious conferences, reported several zero-day attacks in DeFi applications, and released detailed analysis reports on high-impact security incidents.

Sign up for the latest updates
~$9.4M Lost: Injective, Aquifer Exploits | BlockSec Weekly
Security Insights

~$9.4M Lost: Injective, Aquifer Exploits | BlockSec Weekly

During the past week (2026/08/31 - 2026/09/06), four security incidents caused approximately $9.4M in losses across Injective, Solana, Ethereum, and Flow EVM. The largest was the Injective exploit, where an insurance fund identifier collided with a binary options market identifier and the settlement path never compared their denominations, draining about $4.8M; Aquifer on Solana lost about $2.47M because its swap path invoked an unvalidated caller-supplied Token Program, and Notional Finance V1 on Ethereum lost about $1.73M to an unchecked `uint128` cast that valued a debt at zero. Ankr FLOW on Flow EVM closed out the week with about $410K drained through a staking entry point that skipped its pause guard and minted against a stale ratio.

From Incidents to Regulation: Why Crypto Institutions Need Blockchain Penetration Testing
Security Services

From Incidents to Regulation: Why Crypto Institutions Need Blockchain Penetration Testing

Exchanges, payment firms, custodians, and wallet providers now lose the most money beyond the smart contract—in signing, custody, keys, people, and supply chains. Code-level audit and transaction-level monitoring each leave a gap, and traditional penetration tests may miss crypto's signing and fund semantics. This article opens our blockchain penetration testing series with the two legs of the case for institutions in scope: where the risk actually comes from, and how NYDFS, DORA, VARA, SFC, and MAS treat adversarial testing across five jurisdictions.

What Is Blockchain Penetration Testing? Definitions and Boundaries
Security Services

What Is Blockchain Penetration Testing? Definitions and Boundaries

No widely accepted definition of blockchain penetration testing exists, and many proposed ones tangle it with audit, scanning, and bug bounty. This article sets out a working definition—an adversarial, hands-on assessment of a running system, under agreed scope and rules of engagement, that validates exploitable paths and control chains—and what web3 adds: a money-handling threat model whose defining composition gap is the off-chain-to-on-chain handoff. It then maps the five testable capabilities of that chain and routes nearby objectives to code audit, wallet security audit, web3 security testing, scanning, and bug bounty.

Get Real-Time Protection with Phalcon Security

Audits alone are not enough. Phalcon Security detects attacks in real time and blocks threats mid-flight.

phalcon security

Best Security Auditor for Web3

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

BlockSec Audit