Category Archives: Science: Biology

Cutting edge research is happening on a daily basis in our modern world, Keep up to date with our Press Release services.

Greenberg Traurig’s Melissa Prusock to Moderate ABA Public Contract Law Public Procurement Symposium Panel


Melissa P. Prusock, a shareholder in global law firm Greenberg Traurig LLP’s Government Contracts Practice, will speak at the American Bar Association (ABA) Public Contract Law Section’s Public Procurement Symposium in New Orleans Nov. 2.

WASHINGTON, Oct. 25, 2023 /PRNewswire-PRWeb/ — Melissa P. Prusock, a shareholder in global law firm Greenberg Traurig LLP‘s Government Contracts Practice, will speak at the American Bar Association (ABA) Public Contract Law Section’s Public Procurement Symposium in New Orleans Nov. 2.

Prusock will moderate the panel “Grants 101: An Introduction to and Refresher on Federal Grants and What May Be Changing,” which will discussstatutes and regulations governing federal grants. The panel also will discuss anticipated updates to those regulations and the Uniform Guidance for Grants and Agreements, which is entering its 10th year since enactment this December.

Prusock is a shareholder in the firm’s Washington, D.C. office where she focuses her practice on investigations, litigation, and counseling related to federal government contracts and grants. Her substantial civil and criminal government investigations experience includes representing federal contractors and award recipients in False Claims Act matters and Office of Inspector General audits and investigations. Prusock also regularly represents clients in suspension and debarment proceedings, counsels clients in connection with internal investigations and mandatory disclosures, and assists clients with assessing, developing, and implementing compliance programs.

About Greenberg Traurig’s Government Contracts Practice: Greenberg Traurig’s Government Contracts Practice helps companies navigate the highly regulated acquisition and compliance processes of federal, state, local, and foreign governments and their agencies. The firm’s attorneys and governmental affairs professionals assist both experienced contractors and newcomers with a broad array of issues arising from, for example, sales of commercial off-the-shelf and customized products, services, and managed solutions to governments at all levels. The practice also focuses on meeting the transactional and U.S. regulatory needs of clients in the commercial, defense, aerospace, information technology, telecommunications, medical and health care, and other high-tech sectors.

About Greenberg Traurig: Greenberg Traurig, LLP has more than 2650 attorneys in 47 locations in the United States, Europe and the Middle East, Latin America, and Asia. The firm is a 2022 BTI “Highly Recommended Law Firm” for superior client service and is consistently among the top firms on the Am Law Global 100 and NLJ 500. Greenberg Traurig is Mansfield Rule 6.0 Certified Plus by The Diversity Lab. The firm is recognized for powering its U.S. offices with 100% renewable energy as certified by the Center for Resource Solutions Green-e® Energy program and is a member of the U.S. EPA’s Green Power Partnership Program. The firm is known for its philanthropic giving, innovation, diversity, and pro bono. Web: http://www.gtlaw.com.

Media Contact
Jacob Fischler, Greenberg Traurig, LLP, +1 202.533.2373, [email protected], https://www.gtlaw.com/en
Melinda Boarman, Greenberg Traurig, LLP, +1 916.868.0639, [email protected], https://www.gtlaw.com/en

SOURCE Greenberg Traurig, LLP

Goflow Named to Inc.’s Second Annual Power Partner Awards


Scott Omelianuk, editor-in-chief of Inc. Business Media, highlighted the importance of these partners, saying, “Trusted B2B partners provide guidance and expertise that founders rely on at various steps of their organization’s journey. Partners that possess a demonstrated ability to deliver quality support are at the core of entrepreneurship and help bring big ideas to life.”

“Being recognized by Inc. as a 2023 Power Partner is both an honor and a testament to our team’s dedication. At Goflow, we’ve always aimed to be more than just a service provider. We strive to be the backbone that empowers e-commerce businesses to grow beyond their challenges, especially in multi-channel order management,” said Max Hauer, CEO at Goflow.

In the span of its operation, Goflow has facilitated countless startups in scaling their operations. Notable clients include Chefman, Dream On Me, and Pyle Audio all of whom have seen substantial growth in efficiency and revenue. The platform’s emphasis on providing a centralized management system and reducing inaccuracies has positioned Goflow as a game-changer in the e-commerce operations sector.

For the full list of awardees, please visit: https://www.inc.com/power-partner-awards/2023. The November 2023 Issue of Inc. magazine, featuring the Power Partner Awards, is available online now at https://www.inc.com/magazine and hits the newsstands on October 31, 2023.

About Goflow

Goflow is an industry-leading Order Management System (OMS) and Inventory Management System (IMS) tailored to empower online-first brands. With over 200 integrations encompassing all leading marketplaces, e-commerce platforms, and wholesale channels, we emphasize the importance of navigating brands beyond their original channels. By aiding businesses in scaling and broadening their reach, Goflow ensures that e-commerce ventures remain agile, adaptive, and efficient in a rapidly evolving digital marketplace. Our robust features and unparalleled service cater to the unique needs of startups, positioning them for continued growth and success. For more information, visit goflow.com.

Media Contact

Max Hauer, Goflow, 1 7185404467, [email protected], goflow.com

SOURCE Goflow

OnlineCameraShop.NL Unveils SST CCTV Security Systems: Elevating Surveillance Excellence


Introducing SST CCTV Security Systems:
SST CCTV Security Systems represents a significant leap forward in surveillance technology. This brand is larger, better, and more feature-rich than ever before. Offering cutting-edge technology, high-resolution imaging, and user-friendly interfaces, SST CCTV Security Systems are engineered to cater to the evolving security demands of modern homes and businesses. When you choose SST, you choose security excellence.

A Broad Range of Choices:
In addition to SST Security, OnlineCameraShop.NL continues to offer a wide array of renowned brands in the CCTV industry, including Dahua, Hikvision, Axis, Sony, and Samsung. This diverse selection ensures that customers can select from a range of trusted brands, suitable for various applications and budgets. The team at OnlineCameraShop.NL is ready to provide expert assistance, answer inquiries, and assist you in selecting the right security solutions.

Explore the Future of Security Solutions:
To learn more about SST CCTV Security Systems and the extensive range of security products offered by OnlineCameraShop.NL, please visit their website at http://www.onlinecamerashop.nl. Here, you can access comprehensive information, explore product specifications, and stay updated on the latest advancements in security technology.

About OnlineCameraShop.NL:
With over 15 years of expertise in the security industry, OnlineCameraShop.NL has been a reputable provider of innovative solutions and superior service. Founded in 2005 as part of Stetrin Security B.V., OnlineCameraShop.NL has earned its reputation as one of the top security suppliers in the Netherlands. The company’s commitment to quality products, professional service, and exceptional customer support has made them a preferred choice for businesses and individuals.

Media Contact:
Simon van Rooij
[email protected]
Piersonstraat 11-15
1112AV Diemen
Netherlands
0207767788
Website: http://www.onlinecamerashop.nl

Media Contact
Simon van Rooij, OnlineCameraShop.NL, 0207767788, [email protected], www.onlinecamerashop.nl

SOURCE OnlineCameraShop.NL

Aquaticode’s AI Solution is Creating Waves in the Salmon Farming Industry


Aquaticode’s innovative system, the SORTpro, is designed to categorize up to 10,000 juvenile salmon per hour based on gender and other performance traits. The AI-powered solution officially launches for production after having been assessed over time and at scale by Salmones Camanchaca, achieving a verified gender classification accuracy exceeding 97% – and no increase in mortality rates.

STAVANGER, Norway, Oct. 25, 2023 /PRNewswire-PRWeb/ — Aquaticode’s innovative system, the SORTpro, is designed to categorize up to 10,000 juvenile salmon per hour based on gender and other performance traits. The AI-powered solution officially launches for production after having been assessed over time and at scale by Salmones Camanchaca, achieving a verified gender classification accuracy exceeding 97% – and no increase in mortality rates.

Manual ultrasound operators currently sort around 100 million fish annually in Chile. This approach has proven to promote faster growth in both male and female batches compared to mixed groups. By automating this procedure, Aquaticode not only enhances flexibility, efficiency, and accuracy but also extends gender sorting capabilities to regions where high labour costs previously prohibited such practices.

“Camanchaca, who historically sorts around 15 million fish per year, have given us invaluable support in bringing our solution to the market. We appreciate their openness in sharing their facilities and expertise with us,” states Stian Rognlid, Aquaticode’s CEO.

Aquaticode’s R&D efforts at Camanchaca, dating back to 2021, originally began with the development of an early proof-of-concept alongside the manual sorting process. Over the years, Camanchaca’s contributions have led to highly accurate classifications not only in gender but also in early sexual maturation and deformities.

“Innovation is central to our strategy at Camanchaca,” explains Carlos Soto, Head of R&D. “Artificial intelligence is emerging as one of the most promising megatrends in food production. We are quick to support initiatives that can lead to more efficient and sustainable salmon farming.”

Addressing the importance of smolt quality in fish welfare and performance, Stian Rognlid expresses ambitions beyond solution’s current capabilities. “The SORTpro is a platform. In the near to medium term, we will introduce functionality to identify additional fish growth, health, and robustness traits. Each of these will bring significant value to farmers, but we truly believe that the sum is even greater than the parts.”

Founded in 2018 and backed by Nacre Capital, a venture builder focused on AI in the life sciences, Aquaticode raised a USD 6 million Series A in 2022. Their advisory board includes notable figures in aquaculture, such as former Cargill Aqua Nutrition CEO Einar Wathne.

“It was easy to get behind Aquaticode’s mission,” reflects Einar Wathne, now Chairman at the NCE Seafood Innovation Cluster. “Making decisions based on individual fish analysis and acting in real-time is the future of salmon farming. It’s about growing better fish as well as growing fish better.”

Media Contact

Stian Rognlid, Aquaticode, 47 48161768, [email protected], aquaticode.com

SOURCE Aquaticode

Kalamazoo Valley Community College to Offer CRX Robotics Training


“Because people can work right next to them, they don’t have to worry about fencing and guarding,” said Ian Salo, Kalamazoo Valley mechatronics instructional manager. “They are also able to grab hold of the robot and position it wherever needed.”

Due to limited sensory capabilities, traditional industrial robots operate within a fenced cell and require extensive precautions for safe use. Though more powerful than a cobot, the machinery lacks safety features granting collaborative functionality. According to Salo, the versatility of the CRX series encompasses a wider range of applications that older models lack, making it popular since its debut in December 2019.

Cobots are not only safer but are easier to use and quicker to program. The units use USB-C cables to connect to any Samsung Galaxy tablet and are controlled through a downloadable application with drag and-drop features. The CRX series can also be controlled through an Android smartphone. Older industrial robot models use pendants, or remotes, that take lengthy programming prior to use.

The CRX cobots represent a growing niche in the market. “Not only do the robots narrow gaps in workforce shortages by being able to work closely with employees, but they also create job opportunities for machine and maintenance operators who can program them,” Salo explained. Industries seeing a need for trained professionals include automotive, welding, line work professions, electronics, pharmaceuticals, packaging and more.

“An organization can benefit from cobot training, whether line workers or maintenance technicians,” Salo said. “Knowledge of these robots can save time and resources. Different levels of training will be available ranging from base-level knowledge to using vision training with cameras.”

Salo noted that many workplaces continue to use traditional industrial models, such as the industrial robots currently used for instruction at the Groves Campus, due to their ability to powerfully process large quantities of repetitive tasks without interruption.

“The odds are very high that you are going to have both types of robots used in a company,” Salo said. “Those organizations will need maintenance technicians who are able to work on each model.”

CRX robots are currently used at the college’s Texas Township Campus as part of computer numerical control (CNC) instruction. The Groves Campus’ robotics course expansion will offer training for overall use of the robots, including safety, functionality and more. Courses for traditional industrial robots are currently available.

CRX training will begin late 2023 or early 2024. For more information, contact Salo at [email protected]

Media Contact

Erin Dominianni, Kalamazoo Valley Community College, 269.488.4445, [email protected], www.kvcc.edu

SOURCE Kalamazoo Valley Community College

Lexar Introduces THOR OC DDR5 and DDR4 Desktop Memory Modules in the United States


High-performance memory with built-in heat dissipation to keep users’ systems running cool while multitasking.

SAN JOSE, Calif., Oct. 25, 2023 /PRNewswire-PRWeb/ — Lexar® THOR OC DDR5 Desktop Memory

  • Up to 6000MT/s* with timing as low as CL32
  • Durable, heatsink in solid aluminum for superior heat dissipation
  • Low-profile form factor is perfect for compact PC builds
  • On-die ECC and PMIC for improved stability, reliability, and efficiency
  • Supports Intel XMP 3.0 and AMD EXPO™ overclocking and compatible with mainstream DDR5 motherboards
  • Lifetime limited warranty**

Lexar® THOR OC DDR4 Desktop Memory

  • High-speed DDR4 memory improves performance – 3200MT/s
  • Features an aluminum heat-spreader for highly efficient heat dissipation
  • Accelerate your PC performance for multitasking

Lexar, a leading global brand of flash memory solutions, is excited to announce THOR OC DDR5 Desktop Memory. Featuring a complete redesign that pays homage to Thor’s hammer, this memory also boasts a durable, solid aluminum heatsink that more than stands up to the challenges of overclocking by providing superior heat dissipation.

Lexar THOR OC DDR5 Desktop Memory delivers up to 6000MT/s* with timing as low as CL32 for a truly next-gen experience. It features a low-profile form factor that is perfect for compact PC builds. It also supports Intel XMP 3.0 and AMD EXPO overclocking and is compatible with most DDR5 motherboards.

Lexar THOR OC DDR5 Desktop Memory’s on-die Error Correction Code (ECC) offers improved stability and reliability while its on-board Power Management IC (PMIC) enhances power efficiency.
Another option for PC users is THOR OC DDR4 Desktop Memory. It offers 3200MT/s performance with timing of CL16 and is designed for PC enthusiasts and extreme gamers. It has an aluminum heat spreader with a winged design to keep systems running cool and is compatible with INTEL XMP 2.0 and AMD Ryzen.

“Our THOR OC DDR5 Memory combines next-gen performance with enhanced heat dissipation to easily accommodate overclocking while keeping temperatures in check,” said Joey Lopez, Director of Marketing. “Plus, our customers can be assured we stand behind it thanks to a lifetime limited warranty.”

THOR OC DDR5 Memory is available in a 32GB Kit (2 x 16GB) at both 5600MT/s for MSRP of $92.99 and 6000MT/s for MSRP of $104.99

THOR OC DDR4 Memory is available in 16GB (2 x 8GB) and 32GB (2 x 16GB) modules at 3200MT/s. It is compatible with major motherboard brands and has an MSRP of $38.99 for 16GB and $64.99 for 32GB.

Availability
THOR OC DDR5 – Amazon
THOR OC DDR4 – Amazon

Media Elements
Press Images

Product Information
THOR OC DDR5
THOR OC DDR4

About Lexar
For more than 25 years, Lexar has been trusted as a leading global brand of memory solutions. Our award-winning lineup includes memory cards, USB Flash Drives, card readers, solid-state drives, and DRAM. With so many options, it’s easy to find the right Lexar solution to fit your needs.

Disclosures
*Speeds based on internal testing. Actual performance may vary.
**Lifetime limited warranty is limited to 10 years from purchase in Germany and regions not recognizing lifetime warranty.

Instagram: https://www.instagram.com/lexarmemory/
Twitter: https://twitter.com/lexarmemory
Facebook: https://www.facebook.com/lexarmemory
YouTube: https://www.youtube.com/c/LexarMemoryOfficial
LinkedIn: https://www.linkedin.com/company/lexarmemory

Lexar. 1737 N First Street, Suite 680, San Jose, CA USA

Media Contact

Noel Lo, Lexar International, 7149872498, [email protected], https://www.lexar.com/en/

SOURCE Lexar International



Tango Extend Named “Unified Communications Solution Of The Year” in 2023 Mobile Breakthrough Awards Program


With Tango Extend, Teams Phone is available very cost-effectively to the deskless workforce, such as frontline, hybrid and gig workers. Frontline employees and employees on-the-go typically do not have company mobile phones or good quality voice access to their corporate communications platforms.

But in a recent survey of 403 IT managers commissioned by Tango Networks, 76% said they allow frontline workers to use personal mobile phones for business. Extend enables these workers to stay connected with office colleagues and customers with the device they already have, which improves user satisfaction, productivity and engagement right across the business. Extend is based on Tango Networks’ fixed-mobile convergence technology and uses universal eSIM technology to enable provisioning of remote users in minutes with a simple QR code.

“Microsoft Teams has millions of users. Now thanks to Extend, companies deploying Teams can turn any user’s mobile phone into a full-featured extension of Teams, including personal BYOD phones. It’s a new approach to deliver voice services,” said Doug Bartek, President & CEO of Tango Networks. “We’re proud to receive the ‘Unified Communications Solution Of The Year’ award for Extend. As a company, we’re also proud to be able to develop this groundbreaking technology for a workforce that, over the years, hasn’t traditionally had access to significant UC innovations and collaboration.”

The mission of the annual Mobile Breakthrough Awards is to honor excellence and recognize the innovation, hard work and success in a range of mobile and wireless technology categories, including Cloud Computing, Mobile Management, Wireless and Broadband, Mobile Analytics, IoT and Smart City and many more. This year’s program included thousands of nominations from over 15 different countries throughout the world.

“Extend for Teams is a breakthrough in mobilizing unified communications for business users as it literally extends best-in-class business communications to billions of potential users for the first time,” said Steve Johansson, managing director, Mobile Breakthrough. “Traditional methods of mobilizing corporate fixed lines for business communications have relied on poorly performing downloadable voice apps. These apps are often inconvenient to use and offer poor-quality. Extend is a game-changer in mobile unified communications, enabling mobile phones to become another endpoint. The result is helping millions of workers communicate in retail, delivery, services, education, finance – and virtually any other industry.”

Typically, a Tango eSIM is provisioned as a Teams line in each user’s personal mobile phone, sharing the existing business number. By using a QR code, installation is quick and can be done while logged in to the Teams desktop client. The eSIM is connected to the Teams user’s account and Teams phone number. The new eSIM behaves just like an office phone or laptop client endpoint. In addition, the phone’s original personal SIM retains the personal identity and number of the user, and communications remain private and secure at all times.

About Mobile Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the Mobile Breakthrough Awards program is devoted to honoring excellence in mobile and wireless technology companies, products and people. The Mobile Breakthrough Awards provide a platform for public recognition around the achievements of breakthrough mobile companies and products in categories including Cloud Computing, Mobile Management and Security, Wireless and Broadband, Mobile Analytics, IoT and Smart City technology, WLAN, WiFi and more. For more information visit MobileBreakthroughAwards.com.

Tech Breakthrough LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose.

About Tango Networks
Tango Networks is revolutionizing business communications with the industry’s first mobile network built for business, controlled by businesses.

Tango Extend turns a mobile phone into a fully featured extension of a company’s communications platform, putting mobile voice, text and data entirely in a company’s control.

Businesses use Tango’s patented fixed-mobile convergence technology to operate easy-to-use, business quality communications for work-from-anywhere programs, remote workers and employees working from home, the distributed workforce, deskless employees, and workers on the go.

Tango Extend empowers companies to transform operations, streamline collaboration and boost employee productivity across the board. Learn more at tango-networks.com.

Media Contact

Steve Johansson, Mobile Breakthrough, 213.255.3658, [email protected], https://mobilebreakthroughawards.com/

Twitter

SOURCE Mobile Breakthrough



New Corporate Headquarters for the VeroVision Mail Screener


“World-class operations are essential to sustain our leadership in disruptive contraband interdiction solutions. Our customers rely on our detection technology to protect officers, mail handlers, and inmates and keep dangerous contraband out of correctional facilities. Drugs and cutting agents are hidden in everything, from stamps to crayon drawings, in an evolving cocktail of threats that we address,” said CEO Peter Safran.

The executive, sales, and engineering team at Eclipse are experts in leading-edge hyperspectral imaging technology which infuses the VeroVision system with powerful screening capabilities to detect and presumptively identify a wide range of drugs and cutting agents.

“We have big plans ahead. With more than 100 installations today and counting, providing top-notch customer service is our number one priority. We are hard at work developing new features and the next generation of sensing systems for corrections facilities, law enforcement, and other organizations at risk,” explained COO Rebecca Schuler. Schuler also noted future plans for new offerings to keep officers safe and secure. Plans for an opening event are being finalized.

About Eclipse Screening Technologies llc

Detecting and deterring mail-borne threats is the mission of Eclipse Screening Technologies llc. With installations nationwide, our disruptive contraband interdiction solutions, featuring the VeroVision® Mail Screener, help corrections facilities keep staff and inmates safe. Eclipse Screening Technologies is a wholly owned subsidiary of Eclipse Design Ventures. Corporate headquarters, sales, service, and R&D facilities are based in Pittsburgh, PA. Learn more at www.eclipse-st.com.

Media Contact

Dina Punturi, Studio D11 on behalf of Eclipse Screening Technologies llc, 1 703-424-5512, [email protected], https://eclipse-st.com/ 

SOURCE Eclipse Screening Technologies llc

The 2023 Maryland STEM Festival Holds its 2nd Parade in Frederick


The Maryland STEM Festival, Inc is hosting its second Parade in Downtown Frederick on November 4th. The Parade will start at 10 am from Frederick High School heading towards Baker Park. At Baker Park, there will be a diverse collection of booths with STEM oriented activities open until noon.

FREDERICK, Md., Oct. 25, 2023 /PRNewswire-PRWeb/ — The Maryland STEM Festival, Inc is hosting its second Parade in Downtown Frederick on November 4th. The Parade will start at 10 am from Frederick High School heading towards Baker Park. At Baker Park, there will be a diverse collection of booths with STEM oriented activities open until noon. Frederick Mayor O’Connor, County Executive Fitzwater, Councilman Young, State Senators Ken Kerr and Chris Few will be walking in the Parade. There will be vehicles from the Fire and Police Department and Department of Natural Resources in the Parade as well as the B360 Dirt Bike riders. Baker Park Booths will feature NASA, Zone Soccer, Fort Detrick, Fisher Scientific, the Frederick County Library, and more! Details about the parade are available here.

The 9th annual state-wide celebration of Science, Technology, Engineering, and Mathematics began on Friday, October 13th and runs until Saturday, November 11th. This year’s Festival highlights eSports and Video Games with over 250 virtual and/or in-person events. The theme recognized the growing significance of these topics to everyday life as well as their importance to Maryland’s economy. The state has a very vibrant video game industry and community. More than ever, eSports are providing many good STEM jobs and introducing children to the world of STEM.

Events will be held at libraries, schools, colleges, museums, and many other locations. Each event is family- oriented, fun, and free; taking place all around the state to give residents maximum opportunity to participate in this important festival. Astra Zeneca, Verizon, Horizon, Northrop, Firaxis, Zenimax, Microsoft, NASA, Whiting-Turner, and Morgan State University will be among the participants. A complete list of events can be found at marylandstemfestival.org.

The Festival concludes with an eSports Conference. The theme of the Conference is Gaming in the Classroom showing the value of gaming in education. The conference is attracting attention from around the world.

The Maryland STEM Festival encourages all students, regardless of age, background, experience, or resources to learn more about and get involved with STEM. Maryland is one the few states in the nation to have a state- wide STEM Festival.

Maryland STEM Festival, Inc. is a 501 (c) (3) corporation funded by generous support from companies, organizations, and individuals across Maryland. 

Media Contact

Phil Rogofsky, Maryland Stem Festival, 4106271074, [email protected], marylandstemfestival.org

SOURCE Maryland Stem Festival

Experts Behind SEAL 911 Bot Announce SEAL Drills to Improve Industry-Wide Emergency Readiness


SEAL Chaos Team’s Drills are designed to solve this problem by providing members of the crypto community hands-on training in running a war room. Operated by the SEAL Chaos Team consisting of samczsun, Head of Security at Paradigm, Isaac Patka, Co-Founder of Shield3, and numerous other security experts, SEAL Chaos Team takes projects through a tabletop exercise to assess a project’s threat model, before running a security incident simulation.

The SEAL Chaos Team has already conducted exercises with well-known protocols such as Compound Finance and Yearn Finance, and are currently preparing an exercise for Aave. Projects interested in signing up for Drills can do so using this form.

“In order to make crypto safer for everyone, we need to make sure that we’re doing everything we can across the spectrum to protect user funds,” said samczsun of Paradigm. “With SEAL 911, we made it easier for individuals to report security issues, and with the SEAL Chaos Team we’re excited to be providing high quality training to those who need it.”

“Designing these exercises for crypto companies is like holding regular fire drills; it’s not about inciting fear but ensuring readiness and honing reflexes,” added Isaac Patka. “We aim to highlight interdependencies, strengthen communications and learn from each other to build a resilient ecosystem.”

In early July, a Drill was conducted using the Compound Protocol as the testing grounds. As the protocol is decentralized, the exercise was designed to assess the response from protocol contributors – including Compound Labs, Chainlink Labs, Gauntlet, and OpenZeppelin.

It was successful in uncovering potential improvements in Compound Labs’ incident response process that can be applied for future blockchain products. OpenZeppelin also gained valuable insights to improve the protocol’s overall security posture with enhanced security monitoring and automation of key incident response steps as part of its security partnership with the Compound DAO.

“It is paramount for the Web3 sector to continue conducting such incident response exercises to help decentralized platforms prepare for major potential ‘black swan’ events,” said Michael Lewellen, Head of Solutions Architecture at OpenZeppelin. “While there is a low probability that you will be hacked, the impact of being exploited could be catastrophic if a protocol is not prepared.”

In late September, a second Drill was conducted for Yearn Finance, where an external protocol managing a large amount of user funds of a popular Yearn strategy was targeted. With the failure taking place outside of the core Yearn smart contracts, the team had to rapidly pull in the right subject matter experts and emergency procedures to put together a response plan. The exercise successfully tested their ability to understand how the affected strategy worked and what sequence of transactions needed to be made to recall funds to safety, and simulate the response before execution.

“Yearn was lucky to be one of the earliest teams approached by SEAL,” said banteg, Core Developer at Yearn. “We are not strangers to dealing with complex systems, investigating incidents. Our engineers can be often seen helping out in war rooms. And yet, we were thoroughly impressed with the sophistication that went into preparing and simulating the attack. We are very grateful to SEAL for this opportunity and highly recommend this exercise to other security-minded teams.”

About SEAL

SEAL is a collaborative effort among security professionals and other parties interested in improving security in the crypto ecosystem.

About the Compound protocol

Compound is an algorithmic, autonomous interest rate protocol built for developers, to unlock a universe of open financial applications. Learn more at https://compound.finance/.

About OpenZeppelin

OpenZeppelin is a leading blockchain security company providing security audits to the most trusted organizations in crypto. OpenZeppelin has also built the world’s leading Open Source library for smart contract development, which is trusted by thousands of public projects.

About Yearn

Yearn is DeFi‘s premier yield aggregator. Giving individuals, DAOs and other protocols a way to deposit digital assets and receive yield. The protocol is maintained by various independent developers and is governed by veYFI holders.

About Shield3

Shield3 is a security & compliance automation platform. Shield3 offers enterprises tailored workflows to analyze, understand, route, and report on transactions for all blockchain applications.

For more information, please visit https://www.shield3.com/.

Media Contact

Jennifer Avrhami, Pitch Public Relations, 1 602-339-7800, [email protected], www.pitchpublicrelations.com

SOURCE SEAL