The beginning of January 2022 was challenging for the crypto exchange LCX. The hacker stole $7.94m through unauthorized access to its hot wallets. The LCX team provided a rapid response and covered all the losses. On Jan 28, 2022, LCX resumed all deposits and withdrawals, meaning the incident was effectively resolved in 20 days. In
Hacken security specialists have performed the smart contract audit for Binosaur.finance, the platform developed by XTblock, a Hyper-Capable Network™ that can supercharge blockchain, while also helping to create a new decentralized AI computing and bot computing economy. XTblock’s key competitive advantages are the result of its proprietary time-sharding technology, a uniquely powerful enhancement to blockchain
Hacken team is proud to announce that now we are cooperating with SingularityDAO, a decentralised platform, governed by the SDAO token, tasked with governing DynaSets, diversified baskets of cryptocurrency assets dynamically managed by AI and curated by the protocol. This cooperation is a great confirmation of the strong reputation of Hacken’s security engineers in the
Hacken team keeps on opening new horizons. Today it’s a great honour for us to announce that one of the leading DAO governed platforms, Nimbus, has become a member of our list of cooperations. The platform has decided to choose Hacken as a smart contract auditor with regard to the excellent market reputation and professionalism
It is a great pleasure for us to announce that Kalmar, a decentralized bank powered by DeFi and NFT, has entered into cooperation with Hacken to address the existing and potential security threats. DeFi and NFT are the two fast-developing technological fields that draw the attention of both ethical researchers and black hat hackers. At
We would like to share a great update with our community. Hacken team has performed the smart contract audit for the highly promising project MoonLift. The core team of MoonLift has already created a large community of enthusiastic people who are awaiting the first listing of $MLTP token. It’s going to be a very fruitful
Hacken has entered into cooperation with one of the leading blockchain assets service platforms Hoo to work on strengthening its resistance to cyber threats. The global demand for cryptocurrencies experiences skyrocketing growth. The total capitalization of the crypto market has reached $2 trillion. Due to a higher volume of transactions, cryptocurrency exchanges feel the operational
Today, the role of DeFi is becoming more evident, which increases the demand for it day by day. The range of services provided in DeFi is already impressive. It touches on lending opportunities, loans, insurance, stablecoins, and decentralized exchanges. All these operations are automated and impersonal thanks to the smart contracts that are intended to
Recently, the world has observed a number of cyberattacks on currency exchanges and financial companies aimed at stealing secured data and money. One of the biggest attacks was performed in September 2020. The North Korean group of hackers Lazarus Group attacked the cryptocurrency exchange KuCoin and the value of stolen cryptocurrency assets equalled $275 million
