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Key Highlights of EVM Chain Audits in 2024 - Insights from BlockSec

Code Auditing
April 8, 2024

Introduction

As the blockchain industry continues to grow, the security of EVM Chains remains a critical concern. In 2024, several significant trends and developments are shaping the landscape of EVM Chain audits. This blog will explore the key aspects to watch out for in EVM Chain audits this year, with a specific focus on BlockSec's comprehensive solutions, highlighting their strengths in addressing pain points faced by users.

1. Enhanced Security Measures: Mitigating the Risk of Attacks

With the rise of sophisticated attacks, users face the constant threat of security breaches within EVM Chains. BlockSec's audits focus on implementing enhanced security measures to mitigate these risks. By conducting rigorous code reviews, architecture analysis, and penetration testing, BlockSec identifies vulnerabilities, providing users with actionable insights to fortify their EVM Chains and protect user assets. This proactive approach addresses the pain point of security concerns and instills confidence in the system.

2. Holistic Approach to Audits: Ensuring Comprehensive Protection

Users often encounter challenges in identifying and addressing all potential risks within their EVM Chains. BlockSec's holistic approach to audits provides a comprehensive evaluation of the technical, business, and financial aspects of the audited projects. By considering all dimensions, BlockSec helps users identify and address potential pain points, ensuring their EVM Chains are robust and secure.

3. Expertise in EVM-Compatible Chains: Navigating Complexities with Ease

Users exploring EVM-compatible chains, such as Binance Smart Chain, Polygon, and Avalanche, often face challenges in understanding the unique characteristics and potential vulnerabilities of these platforms. BlockSec's expertise in auditing EVM-compatible chains allows them to navigate the complexities and provide users with targeted solutions. By identifying vulnerabilities specific to each platform and offering tailored recommendations, BlockSec addresses the pain points associated with security risks in EVM-compatible chains.

4. Smart Contract Audits: Ensuring Reliable and Bug-Free Contracts

Smart contracts serve as the backbone of EVM Chains, but they can be susceptible to bugs and vulnerabilities. Users face the challenge of ensuring the reliability and security of their smart contracts. BlockSec's expertise in smart contract audits helps users address this pain point by conducting thorough code reviews and assessing compliance with industry standards. By identifying and addressing potential vulnerabilities, BlockSec enhances the security and trustworthiness of smart contracts, providing users with peace of mind.

5. Actionable Recommendations: Empowering Users with Solutions

Users often struggle with the implementation of security recommendations identified during audits. BlockSec's audit reports go beyond identifying vulnerabilities; they provide actionable recommendations tailored to the specific needs of the audited project. By offering clear guidance on addressing vulnerabilities, BlockSec empowers users to take practical steps to enhance the security of their EVM Chains. This addresses the pain point of uncertainty and provides users with a roadmap for improving their system's security.

Conclusion

In 2024, EVM Chain audits play a vital role in addressing user pain points and ensuring the security and reliability of blockchain projects. BlockSec's comprehensive solutions and expertise in auditing EVM Chains and smart contracts make them an ideal partner for users seeking to mitigate security risks. By addressing pain points related to security concerns, complexities of EVM-compatible chains, reliable smart contracts, and actionable recommendations, BlockSec enables users to build secure and robust EVM Chains. Collaborating with a trusted audit firm like BlockSec is crucial for users looking to navigate the ever-evolving blockchain landscape while ensuring the long-term success and security of their projects.

Contact BlockSec

‒ Fill out the form to get a BlockSec's audit quote：

https://blocksec.com/request-an-audit

‒ Visit the landing page to learn about BlockSec's audit services：

https://blocksec.com/code-audit

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Newsletter - August 2026
Security Insights

Newsletter - August 2026

During August 2026, three major DeFi security incidents caused significant losses. A balance-synchronization vulnerability in the Cosmos EVM module was exploited across six chains (~$14.8M). Moonwell on Base lost ~$9.1M to oracle price manipulation targeting the low-liquidity MAMO token. Term Finance on Ethereum suffered a ~$8.47M governance takeover enabled by near-zero voter participation.

~$10.26M Lost: Term Finance, MAYAChain | BlockSec Weekly
Security Insights

~$10.26M Lost: Term Finance, MAYAChain | BlockSec Weekly

During the week of August 17-23, 2026, two notable security incidents resulted in approximately $10.26M in total losses across Ethereum and MAYAChain. The highlighted Term Finance incident (~$8.5M) was a flawed governance design rather than a coding bug: each vault ships its own on-chain DAO whose support-threshold and participation checks are purely relative, with no absolute floor; with almost no one taking part in governance, there was no electorate to vote a proposal down and no guardian to cancel one, so an attacker acquired a supermajority of a vault's voting power for roughly 0.5 ETH and, after the execution delay elapsed, drained six of Term's vaults for approximately $8.5M in total. MAYAChain (~$1.76M) lost funds to a chain of accounting and state-validation defects, where a single crafted deposit made valid withdrawals appear to have failed, triggered a recovery path that inflated a low-liquidity pool's recorded native-token balance with no real backing, and let the attacker drain the inflated value by adding and withdrawing liquidity.

Harmony Cross-Shard ONE Mint + ~$47M Key Losses | BlockSec Weekly
Security Insights

Harmony Cross-Shard ONE Mint + ~$47M Key Losses | BlockSec Weekly

During the week of August 10-16, 2026, 5 notable security incidents are featured, involving approximately $47M in quantified losses, with the detailed analysis focused on a chain-implementation flaw in the Harmony Layer-1. Harmony suffered unauthorized minting of native ONE through a cross-shard receipt replay: destination shards derived the receipt spent-marker from unauthenticated MerkleProof.ShardID and BlockNum fields instead of the signed source header, so an already-credited receipt could be replayed with no matching source-shard debit. Approximately 3.01T ONE was forged, but its nominal value far exceeds the token's market capitalization and is neither realizable nor confirmed realized loss, so Harmony is excluded from the total; the ~$47M came from private-key compromises (Unknown Whale Wallet ~$25M, Kite ~$14M, and Coinsbuy ~$7.9M) plus a Fox business-logic flaw (~$117K).

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Key Highlights of EVM Chain Audits in 2024 - Insights from BlockSec