Definition ∞ Third-party code refers to software components, libraries, or modules developed by external entities and integrated into a primary application or system. While these components can accelerate development and add functionality, they also introduce potential security risks and dependencies. Thorough vetting and continuous monitoring of third-party code are essential for maintaining system integrity. Its inclusion requires careful management.
Context ∞ Third-party code is a significant topic in crypto news, particularly concerning smart contract audits, decentralized application (dApp) security, and wallet vulnerabilities. Exploits often arise from flaws within these external components, leading to significant asset losses. Developers are increasingly cautious about integrating unverified code, emphasizing the need for rigorous security reviews and transparent supply chain practices in the digital asset space.