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Blockchain Project Security Audit

Client:
Nexis Blockchain
Industry:
Blockchain
Focus:
Blockchain project security audit and Datami certification
Main challenge:
Risk of asset loss and network compromise
Market:
International
Services provided:
Blockchain security audit
Key Takeaways
  • Audited 9,000+ lines of Rust code
  • Project certified by Datami
  • Prepared for the CertiK Bug Bounty program
  • Identified approximately 40 potential vulnerabilities
  • The client received a detailed security report
  • 9000+
    Lines of code audited
    40
    Potential vulnerabilities identified
    Monthly
    Audit reports
    Blockchain Project Security Audit
    FinTech company Nexis Blockchain engaged Datami to reduce the risk of investor asset loss and network compromise before launch. We audited 9,000+ lines of Rust code, delivered a security report, and issued a compliance certificate.

    Nexis Blockchain is a California-based FinTech/Web3 company developing a Solana-based blockchain project with proprietary integrations. 

    For businesses like this, cybersecurity is essential, as blockchain vulnerabilities can result in investor asset loss or network compromise. Smart contract audits are also often required for listing on cryptocurrency exchanges.

    Project objectives and challenges
    At the pre-MVP stage, the Nexis Blockchain team was preparing the project for further development and participation in the CertiK Bug Bounty program.
     
    For a FinTech/Web3 blockchain product, this required validating code security before entering the market.
    • Conduct a comprehensive security audit of the blockchain project to identify vulnerabilities before launch.
    • Review the GitHub repository, including the core logic, core, and critical functions.
    • Obtain the Datami security compliance certificate for crypto projects.
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    Audit scope
    Audit of the Nexis GitHub repository with review of the core, critical functions, and project logic.
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    Codebase and language
    In-depth analysis of 9,000+ lines of Rust code with a focus on common blockchain vulnerabilities.
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    Expected outcome
    A detailed audit report with findings and a Datami security certificate confirming compliance.

    Our approach

    The Datami team conducted a White-Box security audit with full access to the source code and the project's internal logic. The assessment combined manual code review with automated analysis.

    This enabled a detailed review of the architecture, critical workflows, and potential code defects. Particular attention was paid to common Rust implementation issues and manual verification to eliminate false positives.

    Black-box

    White-box audit

    Analysis of the system with full access to the source code, internal logic, and key project components.
    Gray-box

    Static code analysis

    Use of SonarQube and other tools to identify known vulnerabilities and common coding issues.
    White-box

    Dynamic testing

    Testing code behavior during execution to identify risks that may not be visible through static analysis.
    Key project stages and decisions

    Due to the large codebase, Datami and Nexis Blockchain agreed on a long-term engagement model from the start.

    The audit stages, review schedule, and monthly reporting were defined in advance.

    Communication was via Telegram with the founders and team lead.

    • Project preparation and access
      Agreement on the audit scope, access to the GitHub repository, and clarification of the project's technical details.
    • Code analysis
      Review of the system core, critical functions, and operational logic using manual and automated analysis.
    • Reporting
      Preparation of interim reports, regular client updates, and delivery of the final report upon completion of the assessment.
    How we can help you?

    Every cybersecurity case study we solve involves deep analysis, tailored solutions, and measurable results.
    Datami has already helped over 600 companies strengthen their digital defenses — and we can do the same for your business.
    Ready to take action?

    Let’s start with a free consultation!
    Results and recommendations

    Results and recommendations

    During the security audit, the Datami team identified approximately 40 potential vulnerabilities, around 30 of which proved to be false positives after manual verification.

    Most of the identified issues were low risk, and some were related to the libraries in use. This approach made it possible to objectively assess the security of the code without unnecessary noise from automated detections.

    Nexis Blockchain received the following recommendations:

    • eliminate issues related to the libraries;
    • regularly review code security during product development;
    • conduct an additional audit before new integrations and releases.

    The client received a detailed audit report with the findings, a Datami certificate confirming compliance with security requirements, and a practical foundation for the further development of the product.

    Key project results

    The security audit objectively assessed the blockchain project's security, reduced the risk of investor asset loss, minimized critical blockchain logic issues, and prepared the system for future integrations and growth.

    In Web3, security is a continuous process. A pre-MVP audit helps protect a project's reputation, capital, and future.

    Metric
    Before the audit
    Result after the project
    Security level
    No independent assessment of the architecture
    Architecture reliability confirmed
    Vulnerabilities
    Possible weaknesses in the blockchain logic
    Code reviewed, problematic areas identified
    Risks
    Potential risks to assets and the network
    Key risks reduced
    Compliance confirmation
    No market-recognized confirmation
    Datami compliance certificate obtained
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