DeFiHackLabs Wins SCAN 2024, the World’s First Digital Asset Tracking Challenge
The highly anticipated SCAN 2024, the world's first digital asset tracking challenge, concluded with DeFiHackLabs emerging as the ultimate winner.
Held on November 22, 2024, from 10 AM to 6 PM at DreamPlus in Gangnam, Seoul, South Korea, the competition brought together the top minds in digital asset analysis and blockchain forensics. The finals featured 16 elite teams, including law enforcement agencies, security professionals, and university students from around the globe. The finalists were selected from the 1st preliminary on July 30 and the 2nd preliminary on October 19, which together saw participation from over 490 teams worldwide.
DeFiHackLabs Triumphs Over Global Competitors
DeFiHackLabs ultimately claimed victory over KAIST GoN after an intense and closely contested final, demonstrating superior digital asset analysis and teamwork.
As the SCAN 2024 champions, DeFiHackLabs was awarded the grand prize of 1 BTC.
Yoo Shin-jae, CEO of DAsset, commented, "As the digital asset market and industry continue to grow rapidly, the importance of security technologies like digital asset tracking is increasing. We hope SCAN will become a platform where the world's leading experts can share their technologies and experiences, thereby enhancing the security capabilities of the digital economy."
Juno Im, Head of the CTF Challenge Committee, praised DeFiHackLabs for their outstanding performance:
“I believe DeFiHackLabs’ expertise and leadership in the Web3 security community were key to their success in winning the SCAN 2024 finals. Their impressive performance in solving challenges as intended is commendable. Congratulations on a well-deserved victory, and I look forward to their continued contributions to Web3 security.”
SunSec, the founder of DeFiHackLabs and CISO of XREX. "As cybersecurity professionals, we have participated in Capture The Flag (CTF) challenges before, but this is the first time we've competed in a challenge focused specifically on tracking digital assets. Winning SCAN 2024 is a significant achievement for our community."