CertiK, a pioneer in blockchain security, was founded in 2018 by Yale and Columbia University professors and uses best-in-class AI technology to protect and monitor blockchain protocols and smart contracts. CertiK’s goal is to keep the cyber world safe from hackers. With the help of cutting-edge academic research, CertiK enables mission-critical apps to be designed with security and accuracy.
In blockchain security, CertiK is one of the fastest-growing and most trustworthy organisations. Together, we’ve helped safeguard $310 billion in digital assets for over 2500 enterprise clients and found over 45,000 flaws in blockchain code. Aave, Polygon, Binance Smart Chain, Terra, Yearn, and Chilli are just a few of the many well-known projects we’ve worked with.
Celtic Has Just Received a $140 Million Investment From Coatue, Tiger Global, Sequoia, and Hillhouse Capital
Data on the Current Ctk Price
On this day, the real-time price of CertiK is $1.23, with a 24-hour trading volume of $13,892,391. Our CTK to USD rate is updated in real-time. In the last 24 hours, CertiK has lost 6.09 per cent of its value. There is currently 89,635,984 USD in total market capitalization on CoinMarketCap.com. 72,962,258 CTK coins are in circulation and the maximum supply is not known.
It’s possible to buy CertiK stock on the following exchanges: Binance, BingX and BingX; Gate.io; BingX; and Hotcoin Global. Other crypto exchanges can be found on our page dedicated to them.
What Is the Shentu Chain?
For mission-critical applications like DeFi, NFTs, and autonomous vehicles, Shentu Chain, a delegated proof-of-stake blockchain, puts security first. As a Cosmos Hub with complete EVM and Hyperledger Burrow compatibility as well as compatibility with eWASM and Ant Financial’s AntChain, Shentu Chain stresses cross-chain interoperability. With the Security Oracle, blockchain projects may get real-time guards of on-chain transactions, which can identify and report a wide range of dangerous flaws before they occur.
Audited blockchain projects of any protocol may be eligible for ShentuShield membership, which is a flexible, decentralised reimbursement system for any crypto asset that is lost or stolen due to security issues. All members of the qualified blockchain projects can join ShentuShield, offering a safety net for crypto-asset owners in the event of an unforeseen event.
DeepSEA, a highly secure programming language backed by the Ethereum Foundation, the Qtum Foundation, and IBM, can be used natively by projects. If you want to run DeepSEA on an EVM, you can use the Shentu Virtual Machine (SVM). Smart contract and blockchain security information may now be accessed, checked, and factored into smart contract choices in ways never before possible because of SVM’s revolutionary approach. On-chain features like managing the Security Oracle and ShentuShield systems, paying Shentu Chain gas usage, and voting for network governance decisions all use CTK, which is the native digital utility fuel of the Shentu Chain.
What Does the Oracle of Security Mean?
Smart contracts like those used in DeFi are evaluated by the Security Oracle, a decentralised network of operators that employ industry-leading security tools to ensure their reliability. CTK incentives are exchanged for these real-time, updatable scores. With the Security Oracle, users can make informed judgments before they interact with smart contracts.
To avoid cases of crypto-asset loss, fraudulent transactions may be flagged and prevented through smart contracts coupled with the Oracle of Security. Here’s where you can find out more information.
What Does Shentushield Do?
To repay lost or stolen cryptocurrency from any protocol, ShentuShield uses a decentralised membership system. The members of ShentuShield, who may be blockchain projects or individual supporters of the community, are solely responsible for making reimbursement choices.
Members can take part as either Collateral Providers or Shield Purchasers, or a combination of the two. In addition to collecting stake rewards on their staked CTK, Collateral Providers also receive a cut of the costs paid by Shield Purchasers.
Shield Purchasers pay a fee in CTK to the Collateral Providers to reserve cash from the Pool for repayment of their crypto assets. There is a growing list of audited clients that may be viewed here.
What Exactly Is Deepsea?
SVM, EVM, eWASM, and Ant Financial’s AntChain are all compatible with DeepSEA’s secure programming language and compiler toolchain. To further develop its hyper-secure programming language, DeepSEA has received funding from Ethereum, IBM-Columbia, and Qtum.
Mathematical proofs are automatically generated while coding in DeepSEA to verify alignment between the intended specification and the actual code, allowing for higher depth and correctness of formal verification.
The Shentu Virtual Machine (SVM) Is a Virtual Machine
However, the SVM has been designed to be entirely compatible with the EVM, it is built to match the x86–64 OS process paradigm, which is the most widely used universal VM. To allow smart contracts to interact differently with each other based on their risk tolerance, the SVM allows on-chain security parameters to be set. A smart contract sandbox is also built into the SVM, which isolates smart contracts (especially those that haven’t been secured) from the rest of the system.
Security leader CertiK sees its market capitalization more than double in the space of three months to $2 billion.
This week, the New York-based company, which is the world’s premier Web3 and blockchain security provider, announced a $88 million Series B3 fundraising round. With the participation of Goldman Sachs, Sequoia, and Lightspeed Venture Partners, this investment is led by Insight Partners, Tiger Global, and Advent International, as well as previous investors Sequoia and Lightspeed Venture Partners.
CertiK has now been valued at $2 billion after its most recent funding round, which was completed only three months ago. CertiK has raised a total of $230 million in the capital in the last nine months, making this its fourth round of financing.
Do You Know Who Put Money Into Certik?
Among the company’s 19 investors are Insight Partners and Sequoia Capital.
CertiK, the market leader in blockchain security, has seen significant growth as a result of the increasing demand. Following a $1.3 billion loss in bitcoin in 2021, the year 2022 is already following that trend, with cryptocurrency losses anticipated to be substantially higher than last year..
More than $1 billion in cryptocurrency losses have been incurred owing to four large bridge attacks (Ronin, Wormhole, Qubit Finance, and Meter.io), as well as various flash loan assaults, which appear to be on the rise this year.
Jonathan Herrod is a content writer who enjoys writing about technology, video games, and other topics. The author of informative articles that are well-researched and written with attention to detail has been writing professionally for nearly three years and specializes in the creation of well-researched and written attention to detail articles.