We all know well about the popular crypto exchanges like Binance, Coinbase, Pancakeswap and even trade in it. Do we know how our money reaches our wallet safely? There is an unseen big process behind each and every transaction.
Cerik Audit, is a firm that audits blockchain and smart contracts and has raised nearly 1 billion USD. The little vulnerability in security and a tiny error in the nook and corner of the code would lead to the loss of millions of dollars. Thus Cerik Audit took this big responsibility and audited prime blockchains and exchanges.
As of now, they have audited 118 K+ lines of code and have secured 8 billion worth transactions and served 100+ top shelf projects and DeFi protocols.
The Raising Demand For Certik Audit
As the quality of service increases the demand and prevents huge volume of hacks. Certik stated that in the year 2019, the volume of crypto hacking is 1 billion USD and in 2020, It will be reduced to half of 500 million USD.
Certik has audited smart contracts for blockchain projects. They have stated that over 1800 clients have predicted nearly 31K vulnerabilities in blockchain code and have secured over 310 billion USD.
CertiK also has its own platform Skynet, a blockchain transaction monitoring platform which is designed with the intent to detect suspicious on-chain activities.
Popular Clients of Certik
Binance
Huobi
Coinbase
Aave
Polygon
Terra
Note For Startups
Every dominating brand was once a startup. By recognizing the absolute potential of cryptocurrency, many startups have risen on the day basis. Being the startups, they too need to be concerned about keen security protocols to deliver their best to the traders. And in the very initial stage, it is an absolute challenge for any business to provide high-tech security protocols. Certik Audit enabled clone scripts can be the instant solution for those people. For Instance, With Pancakeswap Clone Script one can kick start their own Defi based exchange like Pancakeswap without much effort.