PR Newswire
08 Aug 2022, 18:30 GMT+10
SINGAPORE, Aug. 8, 2022 /PRNewswire/ -- Kleva Protocol, a DeFi service developed by South Korean game and blockchain company Wemade is teaming up with Hacken, a blockchain security consulting company to ensure Kleva to provide safe and secure environment to users.
Driven by a shared goal of bringing ethics to the crypto space, Wemade will inspect Kleva's leveraged yield farming service tapping on a team of security experts at Hacken. Under the partnership, Kleva receives an audit from Hacken, a trusted European security vendor specialising in smart contract security audits.
Wemade and Hacken fully understand that a trustless DeFi environment gives scammers an opportunity for extortion. Together, both companies will protect the crypto community from scammers who would have robbed millions of dollars from innocent investors.
Hacken Founder and CEO, Dyma Budorin, remarked that "A partnership with Wemade is an opportunity to bring ethics and security to more services in the Web3 industry." He added, "While many crypto projects are losing its credibility, we are happy to team up with Wemade who shares our mission to make Web3 safer and more ethical for users."
For Kleva, the partnership is an important step towards achieving its goal of becoming one of the largest protocols in DeFi ecosystem. Kleva Protocol has been rapidly growing with its unique lending, staking, and farming service. It was recently listed on CoinMarketCap, CoinGecko, two of the world's most referenced crypto price and information tracking websites and Bittrex, a crypto trading platform.
Henry Chang, CEO of Wemade, said "Wemade is dedicated to expanding our business in DeFi, ensuring safe environment for users." Henry added, "Kleva is now undergoing an important step toward the global expansion, and partnership with Hacken will substantially aid this effort, opening up the opportunity for Kleva to grow sustainably."
SOURCE Wemade Co., Ltd
Get a daily dose of Asia Pacific Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Asia Pacific Star.
More InformationDHARAMSHALA, India: The Dalai Lama turned 90 on July 6, celebrated by thousands of followers in the Himalayan town of Dharamshala,...
HONG KONG: China has fired back at the European Union in an escalating trade dispute by imposing new restrictions on medical device...
New Delhi [India], July 12 (ANI): In a remarkable decision taken at the 47th Session of the World Heritage Committee, India's official...
How the Wests recklessness is testing Moscows nuclear patience A multipolar world is, by its nature, a nuclear one. Its conflicts...
The Hague [Netherlands], July 11 (ANI): Italy made history after securing qualification for the 2026 Men's T20 World Cup in India and...
Dhaka [Bangladesh], July 11 (ANI): Bangladesh has agreed to work with Malaysia to investigate allegations of terror activity against...
WASHINGTON, D.C.: A federal rule designed to make it easier for Americans to cancel subscriptions has been blocked by a U.S. appeals...
BASTROP, Texas: In a surprising turn at Elon Musk's X platform, CEO Linda Yaccarino announced she is stepping down, just months after...
NEW YORK CITY, New York: Former British prime minister Rishi Sunak will return to Goldman Sachs in an advisory role, the Wall Street...
LONDON, U.K.: Physically backed gold exchange-traded funds recorded their most significant semi-annual inflow since the first half...
AMSTERDAM, Netherlands: Some 32 percent of global semiconductor production could face climate change-related copper supply disruptions...
NEW YORK, New York - U.S. stocks rebounded Tuesday with all the major indices gaining ground. Markets in the UK, Europe and Canada...