TribeOne collaborates with Hacken to secure the platform

TribeOne
2 min readJun 23, 2021

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TribeOne’s smart contract has been successfully audited and passed by Hacken.

TribeOne is pleased to announce that Hacken, a premier cybersecurity company focusing on blockchain security, has completed its audit of our smart contract. The audit was executed with the goal of finding security vulnerabilities that would put our smart contracts at risk.

DeFi has experienced exponential growth since the beginning of 2021, according to DeFi pulse over $82 billion worth of crypto is locked across multiple DeFi platforms. The number grew drastically from $16 billion at the start of the year. Yet there were several instances where hackers have robbed various protocols robbing them of millions of dollars worth of cryptocurrencies with various protocols. DeFi hacks accounted for $156 million of the $432 million in crypto stolen between January and April. Making it important to place importance on security.

We are delighted that we worked with such a reputable cybersecurity firm on our contract audit. TribeOne recognizes the importance of having a secure platform and the audit was conducted to reassure the community that there are no loopholes in our smart contract, which is TribeOne’s top concern. We aim to do everything we can to provide a safe and secure environment for our users.

You can read the audit report here: https://github.com/TribeOneDefi/audit/blob/main/Hacken%20Audit.pdf

About Hacken:

Hacken is a leading cybersecurity consulting company with an essential focus on blockchain security. Hacken offers a wide range of security services such as blockchain security consulting, web/mobile penetration testing, coordination of bug bounty programs, crypto exchange ratings, and education on cybersecurity. Founded in August 2017, Hacken is a part of Hacken Group, including CER.live, HackenAI, and HackenProof. CER.live is the unique cybersecurity data provider for CoinGecko Trust Score.

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About TribeOne

TribeOne is the world’s first AI-powered decentralized financial platform backed with RAROC (Risk-Adjusted Returns On Crypto) technology. TribeOne is an NFT, lending, borrowing, saving, and credit risk platform that offers a seamless experience; to the users through its innovative consumer-centric products. The platform will break barriers in the traditional financial ecosystem and revolutionize the DeFi sphere as a whole. Providing the community with a platform to lend, borrow and invest in crypto assets and NFTs. Therefore, offering an unconventional experience for all.

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