Lithium x Hacken Partnership

A partnership for all our cyber needs

Medley
Future Venture
Published in
3 min readAug 19, 2021

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Hacken are a global blockchain security consultancy, working with companies across the world ranging from innovative startups to some of the names in the space such as FTX and 1inch. Founded in 2017 they quickly became industry leaders in the blockchain space and have provided best in class cyber security services to their partners.

Headquartered in Tallinn, Estonia, with their R&D Lab based in Kyiv, Ukraine, Hacken deliver their services to clients throughout Europe, the U.S. and Asia. In the few years they have been established Hacken have forged impressive partnerships with some of the most notable names in the business. Official partners of CoinGecko and the security partner of Solana, Hacken’s cyber pedigree speaks for itself.

Lithium are delighted to announce our partnership with Hacken to bring elevated levels of assurance and security for both our projects and investors.

Having Hacken onboard as our strategic security partner will mean that all products, such as the Lithium Launchpad, are extensively tested for vulnerabilities that could potentially be exploited by malicious actors. There have been various instances of projects suffering attacks from bad actors exploiting backdoors in the code or applications.

At Lithium we want to ensure our investors of the professional levels and standards of security that we will be implementing across our products such as the Launchpad.

What will the partnership look like?

As a partner Hacken will provide comprehensive, discounted and priority testing services to all projects going through the Lithium incubator and launching via our Launchpad. In addition to this, where necessary before making investments through the Fund into early stage projects they may be required to undergo security audits and testing by Hacken.

This prerequisite requirement will work to add incredible levels of assurance to investors in the Fund and on the Launchpad that the projects they’re committing their capital to have sufficiently mature security postures.

Bringing their expansive expertise and consultative approach, Hacken will support Lithium in refining standards of security in the early stage blockchain ecosystem. Largely unregulated it is down to the stakeholders within the space to do something about it and protect both projects and investors alike. This is the mission that Lithium and Hacken are undertaking, to set new security standards across the Web 3.0 ecosytem.

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