Institutional Grade Security For Your Assets
Lendingblock employs state of the art technology and processes to ensure maximum security for your digital assets
We have partnered with Copper, a leading cold storage solutions provider, to store user funds that are not locked up in Earn/Borrow, and are available for immediate withdrawal.
On the individual account level, we employ the below measures to ensure maximum protection.
Partnership with Chainalysis
We have been working with Chainalysis since 2019 (partnership initially announced here) to perform “know your transaction” (KYT) checks on all deposits and withdrawals going through the Lendingblock platform.
Chainalysis is a leading provider of blockchain analytics services and gives us the necessary tools to comply with AML policies, fight financing of illicit activities and prevent digital assets that are proceeds of crime from entering our ecosystem.
Comprehensive Security Audits
Since the launch of the Lendingblock retail offering, we have successfully carried out in-depth internal and external security audits of our technology.
Internal security testing has been carried out by the experienced team at Ulam Labs, which involved unit testing, denial of service, load testing and other potential attack vectors.
An external security audit has been carried out by Bulletproof and Defense.com, which included extensive penetration testing and confirmed there were no critical, high or medium level vulnerabilities. The public version of the Bulletproof security audit can be found here.