Coinmetro is Hacken’s long-time client, and we want to highlight the exchange’s unquestionable approach to security. Coinmetro exchange brief review Coinmetro is a centralized cryptocurrency exchange founded in 2018. The Estonia-based exchange is among the largest European custodians, with an average daily trade volume of around $1 million. Deep security approach Security has been the
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
In July 2020, Hacken partnered with Coingecko and since then has been providing this cryptocurrency data aggregator with cybersecurity data to improve the quality of its crypto exchange Trust Score rating. The Cer.live Cybersecurity Score (CSS) has been created to measure the ability of an exchange to maintain a secure operating environment for both the
According to the Ciphertrace report, a whopping $516 mln in crypto was stolen from centralized exchanges and DeFi services in 2020 alone. Although most of these hacks were focused on DeFi services, the total value of stolen funds from centralized exchanges was much higher. The largest hack in 2020 was the Kucoin hack when attackers
Are you curious about what Haсken lived and what the team was up to last month? We have prepared our monthly report — Hacken October in Review — for you! Read, like, share and subscribe to our social media channels in order not to miss anything interesting and something significant! Enjoy! 🙂 New Collaborations October
Last 2 weeks, the hottest crypto market topic was the KuCoin Hack. Our team highly values the need for user awareness of such threats, so here is a presentation of the research that was carried out by our specialists. Nevertheless, the issue of preventing such situations is of greater importance at the moment. Our experts
After the announcement of CoinGecko incorporating Hacken’s CyberSecurity Score into their trust score, CER has officially established our place as the de-facto cybersecurity standard for the crypto exchanges. Tying in with the fact that crypto exchanges have substantial monetary holdings, their ability to maintain a secure operational environment then becomes a very important evaluation criteria.
Following our recent partnership with Gate.io, both Hacken and Gate.io have been looking for ways to further our relationship and enhance the cybersecurity of Gate.io’s products and services. Today, we are proud to announce the next phase; Gate.io is to further increase its cooperation with Hacken with the launch of the Gate.io Bug Bounty, held
Cybersecurity of cryptocurrency exchanges is paramount in today’s increasingly digital world. These platforms are responsible for large amounts of tokens often worth tens of millions of dollars, belonging to thousands of unique users. Cryptocurrency exchanges are also susceptible to multiple major threats – they risk attack from traditional banking cybersecurity vectors as well as weaknesses
