Audit Firm CertiK Says SaitaMask Smart Crypto Wallet “Hassle-Free and Hack-Resistant”

[ad_1]

Newly formed cryptocurrency platform Saitama announced on Wednesday that its smart wallet, SaitaMask, had successfully passed an audit. It received certification from blockchain cryptocurrency auditing firm CertiK, stating that SaitaMask is “hassle free and hacker resistant.”

Passing the audit will allow the six-month-old crypto platform to “request and be listed on additional exchanges,” making its $ SAITAMA tokens more accessible. Currently, there are around 300,000 token holders with a market cap of $ 4 billion, the company said in its press release.

Saitama noted that its SaitaMask smart wallet is designed to be a “one-stop-shop” for its users who can link their choice of payment system to buy, sell and transfer any crypto coin without having to leave its mobile app, which will be available for download in January. To give its users the ability to better control their assets, the company said it plans to make SaitaMask “a hub connecting users to multiple tools to help them analyze and make investment choices.” Among the tools is an “edutainment platform” to educate users about finance and investing, Saitama said.

Released on May 31, Saitama’s $ SAITAMA token is built on the Ethereum ERC-20 blockchain, the standard used for all smart contracts on the Ethereum blockchain to administer tokens. The company said the ERC-20 network incorporates “smart coding” that benefits loyal token holders with “rewards to protect against large wallet holders (whales) of trying to manipulate the price in their favor or to throw in tokens when selling “.

It’s a busy time for New York-based CertiK, which is working with PeckShield to help crypto exchange platform Binance provide full security audits when reviewing project tokens that are listed on it. ‘exchange. Dubbed “Project Shield,” CertiK and PeckShield provide the latest level of protection designed to protect Binance users and give them access to secure projects.

[ad_2]