CertiK and KuCoin Community Chain partner to streamline the security of projects built on KCC.
NEW YORK, NY. – December 22, 2022 — CertiK, the leading global Web3, blockchain and smart contract security firm headquartered in New York, today announced a new partnership with KuCoin Community Chain (KCC), a Layer 1 blockchain that aims to accelerate the flow of value around the world.
CertiK’s mission, as the premier security auditor in the space, is to secure the Web3 world. This partnership will streamline the onboarding process for new projects built on KCC, giving users, founders, and investors the confidence that comes from the integration of secure development practices into the ecosystem’s foundations. The KCC community of users and founders will be able to leverage CertiK’s industry-leading suite of security solutions to secure applications on KuCoin Community Chain.
“We’re excited to be working closely with KuCoin Community Chain to raise the standard of security and transparency in a new blockchain ecosystem. Much of the strength of blockchain technology comes from the innovation it enables, but security must be a primary consideration when building new financial applications. KCC is protecting its builders, its users, and its future by integrating secure practices into the very foundations of its blockchain,” said Jason Jiang, CertiK’s Chief Business Officer.
Security is a critical factor in the success of a Web3 project. A single vulnerability can spell the end for an otherwise-promising project. And as Web3 and DeFi protocols are built with interoperability in mind, there are collective benefits that come from raising the standard of security across the entire industry.
CertiK’s mission to secure the Web3 world is demonstrated through an end-to-end approach that includes products and services for both on-chain and off-chain security. CertiK leverages the expertise it has gained from auditing more than 3,700 Web3 projects. The company’s combination of expert manual review with automated, AI-powered verification results in a defense-in-depth approach that mitigates and protects against the very real risks inherent to the Web3 world. With more than $360 billion of secured market capitalization across over a dozen blockchains, CertiK-audited projects have gone on to play critical roles in forming the future of Web3.
“This security partnership with CertiK is a major step forward for the KuCoin Community Chain ecosystem and Web3 more broadly. We’re excited to be bringing CertiK’s Security Suite to our blockchain, which will raise the standard of security and transparency for all users and builders on KCC. Security has to be a primary consideration for decentralized financial applications and the infrastructure they’re built on, and this partnership demonstrates our commitment to providing a safe and secure environment where everyone can trade, transact, and innovate,” said Leandre Niu, CTO of KuCoin Community Chain.
Partnering with KuCoin Community Chain is a step forward for the KCC ecosystem, for projects built on the fast, secure KCC chain, and for the broader Web3 community. This partnership will raise the standard of security and transparency in the growing KCC ecosystem while bringing the power of CertiK’s Security Suite to a new and exciting blockchain.
CertiK is a pioneer in blockchain security, leveraging best-in-class AI technology and expert manual review to protect and monitor blockchain protocols and smart contracts. Founded in 2018 by professors from Yale University and Columbia University, CertiK’s mission is to secure the Web3 world. CertiK applies cutting-edge innovations from academia to enterprise, enabling mission-critical applications to scale with safety and correctness. One of the fastest-growing and most trusted companies in blockchain security, CertiK is a true market leader. To date, CertiK has worked with over 3,700 Enterprise clients, secured over $360 billion worth of digital assets, and has detected over 60,000 vulnerabilities in blockchain code. Our clients include leading projects such as Aave, Polygon, Binance Smart Chain, Terra, Yearn, and Chiliz. CertiK is backed by Insight, Partners, Sequoia, Tiger Global, Coatue Management, Lightspeed, Advent International, SoftBank, Hillhouse Capital, Goldman Sachs, Coinbase Ventures, Binance, Shunwei Capital, IDG Capital, Wing, Legend Star, Danhua Capital, and other investors.
About KuCoin Community Chain
KuCoin Community Chain is a decentralized public blockchain with EVM compatibility and high performance. Its novel approach to the blockchain trilemma results in performance and faster, more convenient transactions and a low-cost experience for the community. KCC’s Proof of Staked Authority (PoSA) consensus algorithm allows for a more efficient, secure, and robust blockchain protocol.
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