Huobi HTX and Poloniex announce partnership with FearsOff to jointly enhance exchange platform security
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Huobi HTX and Poloniex announce partnership with FearsOff to jointly enhance exchange platform security
This collaboration aims to enhance the existing security infrastructure of Huobi HTX and Poloniex, achieving asset and data protection by integrating FearsOff's expertise.
Navigating Web3 tides with focused insightsAccording to an official announcement from Huobi HTX, on March 19, Huobi HTX and Poloniex announced a new partnership with cybersecurity firm FearsOff. FearsOff is known for its elite team of offensive security researchers, specializing in offensive threat analysis and protecting cryptocurrency exchange assets.
This collaboration aims to enhance the existing security infrastructure of Huobi HTX and Poloniex by integrating FearsOff’s expertise, strengthening asset and data protection. The partnership reflects both parties’ ongoing commitment to collaboratively address specific security challenges and ensure the safety of user assets and data.
Marwan Hachem, COO of FearsOff, commented on the collaboration: “We are thrilled to partner with Huobi HTX and Poloniex, whose leadership is proactively taking steps to stay ahead of future threats. Often, the best defense is exceptional offense. This partnership enables us to identify and eliminate potential vulnerabilities before malicious hackers can exploit them, thereby preventing future breaches.”
About Huobi HTX
Founded in 2013, Huobi HTX has evolved over ten years from a cryptocurrency exchange into a comprehensive blockchain business ecosystem, encompassing digital asset trading, financial derivatives, wallets, research, investment, incubation, and more. Huobi HTX is a leading global Web3.0 gateway. With global capabilities, we deliver secure and reliable services to our users. Adhering to a development strategy centered on global expansion, ecosystem prosperity, wealth effects, and security compliance, Huobi HTX provides full-spectrum value and services to cryptocurrency enthusiasts worldwide.
About Poloniex
Poloniex is a pioneering cryptocurrency trading platform that has remained at the forefront of the industry since its founding in 2014. Committed to trust and transparency, Poloniex has grown alongside its users, delivering world-class trading experiences and security. As one of the first exchanges to list Tether and Ethereum, as well as alternative coins such as Ethereum Classic and Zcash, Poloniex became the largest altcoin exchange by trading volume in 2017, serving users in over 100 countries.
About FearsOff
Prior to officially launching in Dubai in 2022, FearsOff’s core team of veteran ethical hackers had collaborated on hundreds of projects for over 15 years. FearsOff is rapidly becoming the security provider of choice for top-tier exchanges. Its proven superior capabilities have earned it the #1 ranking on Binance’s Hall of Fame at bugcrowd.com and the #1 position on KuCoin’s Top Hacker list at hackenproof.com. Participation in bug bounty programs has become an effective way to demonstrate the team’s expertise—after all, results speak louder than promises.
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