IOSG Old Friends Reunion meetup is coming to ETHDenver on Mar 1!
Cohosting with Safe, Runtime Verification and zkSync, partnering up with Scroll, Nil foundation, Taiko, 1inch Network, Blocknative, OneKey, Hats Finance, Veridise, Wallet Guard, Hyper Oracle, Risc0, OpenZeppelin, Axiom, Blockswap and supported by Moonshot, LearnWeb3, Penn Blockchain and many other great guests from the space, the OFR Security Day at Denver will be happy to share ideas at the cutting edge of cybersecurity issue, innovative solutions and future possibilities.
🎫 Register your ticket and get a chance to win your FREE OneKey hardware wallets onsite!
Chapter 1: Building Security From Protocol Level
➡️ Security Principles and Approaches in Building ZK Protocol
14:15-15:00 Panel - Security Principles and Approaches in Building ZK Protocol
Alex Gluchowski, co-founder @zkSync;
Ye Zhang, co-founder&Research lead @Scroll;
Matt Finestone, COO @Taiko；
Mikhail Komarov, Founder @Nil Foundation；
Brian R, Founder @Risc0
15:00-15:15 Dave, Developer Experience Lead @Taiko
15:15-15:30 Jon Stephens, CTO @Veridise
15:30-15:45 Shuyang, Head of Research @Hyper Oracle
➡️ Security Life Cycle
15:45-16:00 Grigore Rosu, President and CEO @Runtime Verification
16:00-16:15 Matt Cutler, CEO & Co-Founder @Blocknative
16:15-16:30 Oliver Hörr, Founder @Hats Finance
16:30-17:15 Panel - Security Life Cycle
Everett Hildenbrandt, CTO @Runtime(host),
Jon Stephens, CTO @Veridise,
Yi Sun, Founder @Axiom
Michael Lewellen, Head of solutions architecture @Openzeppelin
Vince Almeida, Director of Engineering @Blockswap
Chapter 2: The Cornerstone of Mass Adoption
17:15-17:30 Alex Devyatkin, CEO & Founder of Hardware Wallet @1inch
17:30-17:45 Lukas Schor, co-founder @Safe
17:45-18:00 Ohm Shah, co-founder & Martin Peko, co-founder @Wallet Guard
Chapter 3: Social Gathering
🎈🍾️💃💃 Bar time! Food & Beverage, partayyy n chill;)))
SAFU! Security Matters?
The current security situation of the crypto market is harsher than ever. 2022 is on pace to be the largest year for exploits in the crypto space with over $3b lost across 125 hacks, which represents 5% of current crypto TVL. Besides, the asset losses in web3 during Q1 & Q2 2022 alone have risen to $2B, exceeding the overall losses due to hacking vulnerabilities throughout 2021. On the other hand, 2C security direction becomes a more noted business in web3. In 2021, the on-chain scams cost more than $12B in loss, which is 6.7 times bigger than smart contract attacks.
It has been well-recognized that cyber attacks keep rising rapidly since the Internet becomes an indispensable component of our daily lives. As blockchain technology took off, the crypto or web3 world became a new continent for hackers to tap in and make a big splash.
Moreover, crypto mass adoption is a matter of when not if. It is about retaining current users and onboarding prospective users. Crypto wallet, as the first stop and the only entry point for everyone joining Web3.0 world, directly affects when this day will come.
Security is the cornerstone of any wallet. User experience is the other battleground. We envision a future where more people can participate in the decentralized economy without worrying about the vulnerability and complexity of using crypto wallets. We strongly believe that day is not too far away.
IOSG highly values the significance of security players to the whole crypto ecosystem. Although the direction is still in a relatively early stage compared with web2 security, we believe there lies great opportunities no matter as to auditing, firewall, insurance, or any other sub-segments and are keen to help make the journey of each BUIDLer in web3 security become much more pleasant.
About IOSG Ventures
IOSG Ventures is a pioneering crypto fund that invests in the future of Web3. As a thesis-driven firm, we assist founders in developing community-driven protocols that are primed to transform the crypto landscape. Our portfolio comprises a wide range of innovative and high-potential investments, including L1/L2 (Polkadot, NEAR, Starkware,Arbitrum), Security Auditing(Runtime Verification,Hexens), DeFi/NFT-Fi (1inch, 0x, Metamask), GameFi (Bigtime, Illuvium), and SocialFi (Galaxy, Cyberconnect).
Our team comprises experienced crypto-native BUIDLers and long-term HODLers, and we remain fully committed to supporting our early-stage developers and founders. Since our founding in 2017, we have invested in a number of industry leaders, including Arweave, Cosmos, Celestia,Eigenlayer,Scroll, zkSync, Nil Foundation, and Mina. Whether you’re building infra, middleware, Security,gaming, or social platforms, we are passionate about investing in crypto-native paradigms that have the potential to transform the future of the industry.
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Safe is the most trusted platform to manage digital assets and secures >$40 Billion in assets today. With its flagship web and mobile interfaces and expanding ecosystem, Safe is on a mission to unlock digital ownership for everyone in web3 including DAOs, enterprises, and retail or institutional users by establishing a universal standard for custody of digital assets, data, and identity with smart contract-based accounts.
About Runtime Verification
Runtime Verification Inc. is a startup company aimed at using runtime verification-based techniques to perform security audits on virtual machines and smart contracts on public blockchains. It is dedicated to using its dynamic software analysis approach to improve the safety, reliability, and correctness of software systems in the blockchain field.
For the time being, blockchain safety tests are mostly lightweight static analysis tests (testing only the internal logic of source code), while dynamic analysis test (using the data generated as the codes are compiled and executed) increases coverage to find bugs as opposed to static analysis tests. Runtime Verification is a global leader in formal verification and is capable of directly verifying compiled binary code. Compared to the formal verification of source code, this catches bugs that are otherwise missed due to miscompilation.
zkSync is a trustless protocol for scalable low-cost payments on Ethereum, powered by zkRollup technology. It uses zero-knowledge proofs and on-chain data availability to keep users’ funds as safe as though they never left the mainnet. While security is our paramount priority, user and developer experience are central to zkSync design. We obsessively seek out improvements that eliminate friction and complexity in order to make zkSync the most enjoyable platform on Ethereum, for both end-users and builders.
Taiko is a fully decentralized Ethereum-equivalent ZK-Rollup, also known as a Type-1 ZK-EVM. As a ZK-Rollup, it inherits the security guarantees of Ethereum while providing lower transaction fees. Taiko enables developers and users of dApps developed for Ethereum to use Taiko without needing to consider any changes. Additionally, Taiko enables a vibrant community of block proposers, provers, and node runners due to its decentralized design.