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HTX and Poloniex Elevate Exchange Security with FearsOff Partnership

March 18, 2024 at 22:04 PM EDT

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

--News Direct--

HTX, together with Poloniex, announces a new partnership with Dubai-based cybersecurity firm FearsOff, known for its elite team of offensive security researchers, specializing in offensive attack analysis and protecting crypto-exchanges.

This partnership aims to improve HTX and Poloniex’s existing security infrastructure with asset and data protection by integrating FearsOff’s specialized expertise. This partnership reflects an ongoing commitment to ensuring the safety of user assets and data by addressing specific security challenges collaboratively.

The Chief Operating Officer at FearsOff, Marwan Hachem, commented on this partnership "We’re thrilled to partner with HTX and commend its leadership for taking proactive measures to be one step ahead of future threats. Often, the best defense is a good offense; this collaboration enables us to identify and neutralize potential vulnerabilities before malicious hackers can exploit them, thereby preventing future breaches."

About HTX:

Founded in 2013, HTX has evolved from a crypto exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investment, incubation and other areas. HTX serves millions of users worldwide, with a business presence covering over 160 countries and regions across five continents. Its three development strategies - "global development, technology drives development, and technology for good" underpin its commitment to providing comprehensive services and values to global cryptocurrency enthusiasts.

About Poloniex:

Founded in January 2014, Poloniex is a global cryptocurrency exchange that supports spot and futures trading. With a world-class trading platform, Poloniex received funding from H.E. Justin Sun, Founder of TRON, in 2019 to widen its international customer base. Poloniex now provides services in over 100 countries and regions, in various languages. In 2022, Poloniex launched its new trading system with higher speed, stability, and usability. Joining hands with TRON, which is the national blockchain for the Commonwealth of Dominica with TRX granted statutory status as legal tender in the country, Poloniex will continue on its mission to connect users to the power of cryptocurrency.

About FearsOff:

Prior to its official Dubai debut in 2022, the FearsOff core team of veteran ethical hackers collaborated for over 15 years on hundreds of projects. FearsOff is rapidly positioning itself as the first choice security vendor for top exchanges. Its proven superior capabilities propelled it to the #1 rank on the Binance Hall of Fame on bugcrowd.com, and to the #1 rank on the KuCoin Top Hackers List on hackenproof.com. Participating in bug bounty hunting has been an effective way to showcase the team’s expertise, as results speak louder than promises.https://fearsoff.org