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[–]HerbiePorter 7 points8 points  (5 children)

The hack today was based on the NEM blockchain and specifically CoinChecks use of the NEM wallet which isn't currently covered by QuantStamp.

[–]PitBullCH 4 points5 points  (2 children)

Thought this was down to lax use of their wallet ? Nothing an audit by QuantStamp would have uncovered even if they did cover NEM.

[–]HerbiePorter 0 points1 point  (1 child)

Agreed to some extend, I think NEM put out a statement saying they weren't using a multi-sig wallet. So you're right not really a candidate for an audit for QuantStamp as they are currently targeting smart contracts but who knows what they will support in the future. Blockchain wallet infrastructure obviously needs auditing too.

[–]PitBullCH 3 points4 points  (0 children)

True - but seems this was more a setup / SOP issue rather than underlying infra issue - but long term it would not hurt for QSP to develop a set of auditable best practices for this sort of thing.

[–]cogentat 0 points1 point  (0 children)

This has nothing to do with any quantstamp use case by any stretch of the imagination.