The cryptocurrency exchange and trading industry reported over $282 million of losses as a result of thefts by hackers, with a total of 11 high profile hacks in 2019, according to a report by Chainanalysis. Many cryptocurrency exchanges are now aware of the need for better cybersecurity in order to secure their funds and business, and are turning to consulting companies for help.
As the most experienced cybersecurity consulting company in the blockchain and cryptocurrency industry, Hacken runs the CER (Crypto Exchange Ranks) certification program. The certification is a complex multi-factor scoring platform for cryptocurrency exchanges. CER analyses exchanges according to cybersecurity and wallets balance. As a result, the certification boosts an exchange’s credibility and trustworthiness among the public.
The CER certification program is enrolled by multiple top tier cryptocurrency exchanges in the industry, and we are pleased to announce that we have partnered with Gate.io to support the exchange to achieve Hacken’s CER certification.
In order to achieve the certification, Gate.io has agreed to allow Hacken to:
- Perform due diligence of cybersecurity policies on Gate.io. Review its internal crypto exchange cybersecurity policies and external penetration test reports.
- Perform cybersecurity assessments for possible shortcomings in the security of the exchange and provide a detailed report, including cybersecurity web & mobile penetration testing.
- List Gate.io on HackenProof, a SaaS-based platform for bug reporting, mediation services, a pre-existing talent pool, and support services to assist with the bug bounty management and communication process.
As part of the consulting and auditing process, when all found vulnerabilities are fixed and cybersecurity issues resolved, Gate.io will be able to obtain the CER certification from Hacken.
For more information and enquiries on Hacken’s services and the CER program, please email
Gate.io is one of the oldest cryptocurrency exchanges from China operating since 2013.
After being rebranded to Gate.io in 2017, it became one of the fastest-growing exchanges with numerous cryptocurrencies, margin trading with leverage, IEO platform, and other advanced financial services like margin lending or borrowing.
About Hacken Cybersecurity
As one of the top enterprise-level cybersecurity consulting companies in blockchain and cryptocurrency industries, Hacken Cybersecurity works with enterprises and businesses to provide consulting service on cybersecurity and protection, and has delivered cybersecurity solutions to more than 50 digital assets projects and over 200 corporate clients, including the US Department of Justice and AirAsia. Hacken’s CER program is the authoritative certification program for cryptocurrency exchanges, including the best exchanges as Binance, Gate.io, etc.
Also Hacken is the largest European smart contract auditing company serving clients all over the world. Hacken portfolio comprises smart contracts covering various platforms including Ethereum, EOS, Tezos etc.
Recently, Hacken, through their affiliate HackenAI, has released their first all-in-one consumer facing personal cybersecurity app. Available for download on the Apple iOS App Store and Google Play Store, the app revolutionizes the personal cybersecurity industry by offering users a powerful assistant on all things cybersecurity. The app’s signature DarkNet Monitoring service reveals past and current security breaches of the user while the innovative Cyber Bootcamp educational module equips the user with the latest best practices and safety awareness on cybersecurity.