Hacken, the cryptocurrency security group, has announced that Ukraine crypto exchange Kuna is now under the protection of Hacken. The new strategic partnership will also see Kuna list the Hacken (HKN) token.
As you probably know, less than a month ago, Japanese exchange, Coincheck, became the victim of cybercriminals. The managers of the exchange overestimated their security measures and, as a result, lost $500 million in stolen NEM tokens. Thus, it is not surprising that Kuna decided to secure itself against cyber threats and chose Hacken to receive top-quality protection.
“Although 100% safety can never be guaranteed, Kuna now has a strong advisor in terms of corporate safety. Our new strategic partner is the largest (and now the safest) crypto exchange in the Commonwealth of Independent States (the CIS). Their aim is to become the most convenient platform for cryptocurrency exchanges in Eastern Europe, and Hacken is glad to accompany their progress.”
– The Hacken team
Kuna is the first bitcoin company in the CIS. Since March 2014, their key activity was the exchange of bitcoins for the local currency and the promotion of bitcoins in CIS countries. Today Kuna transformed from a “manual” exchange service to a thousands-client base in automatic mode through their service; they cooperate with the Ukrainian National Bank to standardize and develop technologies in the country and Eastern Europe as a whole.
Being a Ukrainian company, the main trading pair of Kuna is BTC / UAH. It can be exchanged for Ethereum, Waves, GBG, and back, while Bitcoin is traded to numerous cryptocurrencies.