Hacken, a blockchain and cybersecurity advisory ecosystem, right now introduced a partnership with InsurAce, a decentralized insurance coverage protocol, by which InsurAce will refer shoppers to Hacken for safety audits and bug bounties, whereas Hacken will relay logs to InsurAce for protection functions.
The 2 groups can even work collectively on Hacken’s CER.reside website to find out which logs are insured or not. In the end, each firms will work collectively to enhance total danger assessments and safety audits. This mutually useful settlement supplies a robust basis for the widespread objective of defending the crypto group from malicious hackers.
“After working with Hacken on the DeFi retreat on the Solana convention, we’re happy to verify this strategic partnership. Hack presents world-class blockchain safety options and we are going to work collectively to enhance safety. “
– Oliver Xie, Founder, InsurAce.io
InsurAce covers over 90 protocols in 12 completely different ecosystems. These protocols embody tasks equivalent to Avalanche, Solana Basis, Polygon, CoinGecko, Alpha Finance Lab, amongst others.