We’re excited to announce that Chainlink Build member Hackless has integrated Chainlink Price Feeds on BNB Chain and Ethereum mainnet. By integrating the industry-leading decentralized computing platform, Hackless has access to high-quality, tamper-proof price feeds needed to support its platform and Wallet Rescue service. This will provide our users that have compromised wallets with stronger assurances that their assets are accurately priced when Wallet Rescue recovers them from DeFi protocols.

We chose Chainlink as our preferred oracle solution because its infrastructure is seamless to integrate and time-tested in production. As the most widely adopted price data standard in Web3, Chainlink already helps secure leading DeFi protocols responsible for tens of billions of dollars in smart contract value, maintaining robust security and high availability even amidst unexpected events, such as exchange downtime, flash crashes, and data manipulation attacks via flash loans. 

Hackless is an innovative security platform designed to safeguard DeFi protocols from vulnerabilities associated with smart contracts. Central to its offering are several key tools: SafeMigrate, which facilitates secure transfers during protocol migrations; Watchdog, a real-time monitoring service that analyzes transactions and alerts users to potential threats; and Mancer, a comprehensive security analysis module that assesses the resilience of smart contracts against various attack vectors. Additionally, the platform includes Wallet Rescue, a crucial feature that provides users with recovery options for compromised wallets, ensuring that digital assets remain secure. By integrating these robust functionalities, Hackless aims to create a fortified security infrastructure for the DeFi ecosystem, thereby enhancing user confidence and mitigating risks associated with digital asset management. This approach addresses immediate security needs and fosters a more resilient environment for developers and users.

In order to help secure our security platform, we needed access to fresh asset prices that are supplied directly onchain in a highly reliable manner. Fair market asset prices should reflect a volume-weighted average from all trading environments. Thus, we needed to make use of an oracle network to fetch aggregated price data offchain and deliver it onchain to be consumed by our application.

After reviewing various oracle solutions, we integrated Chainlink Price Feeds because they provide a multitude of critical features such as:

• High-Quality Data—Chainlink Price Feeds source data from numerous premium data aggregators, leading to price data that’s aggregated from hundreds of exchanges, weighted by liquidity depth, and cleaned from outliers and suspicious volumes. Chainlink’s data aggregation model generates precise global market prices that are resistant to API downtime, flash crash outliers, and data manipulation attacks like flash loans.

• Secure Node Operators—Chainlink Price Feeds are secured by independent, security-reviewed oracle nodes run by leading blockchain DevOps teams, data providers, and traditional enterprises with a strong track record for reliability, even during high gas prices and extreme network congestion. 

• Decentralized Network—Chainlink Price Feeds are decentralized at the data source, oracle node, and oracle network levels, generating strong protections against downtime and tampering by either the data provider or the oracle network.

• Transparency—Robust, publicly available reputation frameworks and onchain monitoring tools allow users to independently verify the historical performance of node operators and oracle networks, as well as check the real-time prices being offered.

“We're excited to integrate Chainlink Price Feeds. Access to high-quality, tamper-proof market data is essential for our platform and Wallet Rescue service. Chainlink's battle-tested infrastructure perfectly aligns with our security services platform. By leveraging Chainlink, we can give users the confidence they need in the rapidly evolving landscape of decentralized finance.”— Serhii Androsiuk CEO of Hackless.

About Chainlink

Chainlink is the industry-standard decentralized computing platform powering the verifiable web. Chainlink has enabled over $16 trillion in transaction value by providing financial institutions, startups, and developers worldwide with access to real-world data, offchain computation, and secure cross-chain interoperability across any blockchain. Chainlink powers verifiable applications and high-integrity markets for banking, DeFi, global trade, gaming, and other major sectors. 

Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link.

About Hackless

Hackless is a robust platform that enhances the security of DeFi protocols, shielding them from hacks and malicious attacks, while also safeguarding individual users' assets from potential loss caused by hackers or scammers. Hackless retrieved more than $1.5 Million for users affected by security breaches. Our flagship offering - Wallet Rescue helps in the recovery of remaining assets from compromised wallets, including stakings and airdrops. We assure no loss and the best possibility of recovery. In addition, the Sentinel service offers continuous monitoring and smart contract protection, and the Rug Pull Protection Bot has the best from Sentinel to provide great rug pull protection for common users.