South Korean cryptocurrency exchange Coinone has partnered with cybersecurity audit company CertiK and disclosures company Xangle. This partnership aims to provide safety and transparency for crypto investors.
Coinone revealed this on Aug. 7th, 2019. CertiK and Xangle will provide public disclosure information as well as smart contract audit information, respectively.
The report states that the disclosures of Xangle will provide protection for crypto investors as well as making projects more transparent. These disclosures could include information about new tokens, changes in a project’s business model, token governance and the volatility of investment stocks.
Certik will reportedly provide audit information as a preventative measure against issues with code security exploits, as well as to review projects at a code level, among other things. According to the announcement, Certik will perform audits for projects listed on Coinone.