Denver, USA — [2026.04.27] — Independent cybersecurity validation is no longer optional; it is a prerequisite for trust in digital asset trading. To reinforce trading infrastructure and platform transparency, Tapbit has partnered with globally recognized blockchain security auditor Hacken.
Hacken is widely known for its specialized focus on blockchain cybersecurity, providing comprehensive audit services, penetration testing, and smart contract assessments for digital asset platforms. With a track record of working alongside leading Web3 protocols, exchanges, and decentralized applications, Hacken has positioned itself as a key player in advancing industry-wide security standards through independent verification and continuous risk assessment.
Through this collaboration, Tapbit integrates third-party auditing processes into its broader security architecture, complementing its internal safeguards such as wallet segregation, real-time monitoring systems, and structured risk control mechanisms. The partnership reflects a growing industry trend where exchanges are moving beyond internal security models toward externally validated frameworks, reinforcing transparency and accountability.
Security is an active, ongoing operational standard at Tapbit, requiring continuous testing and validation. By working with an established cybersecurity firm such as Hacken, the platform aims to enhance its ability to identify potential vulnerabilities proactively while maintaining operational integrity in increasingly complex market conditions.
Milton Cogo, Chief Executive Officer of Tapbit, emphasized that the collaboration represents a broader commitment to building long-term trust through verifiable standards. He noted that as the industry matures, user confidence is increasingly shaped by the presence of independent validation rather than self-reported claims. According to Cogo, integrating external cybersecurity expertise is an essential step in aligning with institutional-level expectations.
He further highlighted that security can no longer be treated as a secondary function within digital asset platforms. Instead, it must be embedded as a foundational layer that supports every aspect of trading activity, from infrastructure design to user asset protection. In his view, partnerships with specialized firms such as Hacken provide an additional layer of assurance, helping to reinforce platform stability while fostering a more transparent operating environment.
This collaboration aligns Tapbit’s operational standards with tightening global regulatory expectations. As exchanges face increasing expectations from both users and regulators, the ability to demonstrate robust, independently validated security measures is becoming a defining factor in long-term platform sustainability.
Through this partnership, Tapbit ensures its continued platform growth is matched by uncompromising security and transparency.
Proof of Reserves: Data-Backed Transparency and Asset Verification
As part of its broader commitment to transparency and user asset protection, Tapbit has implemented a Proof of Reserves (PoR) framework independently audited by Hacken.
The latest audit confirms that Tapbit maintains a reserve ratio exceeding 100% across in-scope assets, ensuring that all user balances are fully backed and available for withdrawal at any time.
According to the most recent verification snapshot:
- BTC Reserve Ratio: 2,341%
- ETH Reserve Ratio: 2,431%
- Asset Coverage: Bitcoin (BTC) and Ethereum (ETH)
- Audit Date: October 31, 2024
These figures indicate that Tapbit’s reserves significantly exceed its user liabilities, reinforcing a conservative asset management approach designed to enhance platform solvency and resilience.
The PoR verification process incorporates cryptographic validation methods, including wallet ownership confirmation through digital signatures and transaction-level verification. In addition, asset balances are independently cross-checked using structured data comparison methodologies to ensure accuracy and completeness.
Users are able to verify asset inclusion through transparent reporting mechanisms, aligning with industry practices that prioritize privacy-preserving verification without exposing sensitive account data.
Within the broader security framework, Proof of Reserves serves as a measurable layer of trust—complementing internal safeguards such as real-time monitoring, wallet segregation, and risk control systems. Together, these mechanisms ensure that platform solvency is continuously verifiable rather than assumed.
“Market conditions may change rapidly, but transparency should never be conditional,” said Milton Cogo, CEO of Tapbit.
“Proof of Reserves provides a verifiable framework that allows users to confirm asset backing at any time. In an evolving market environment, maintaining that level of clarity is essential to building long-term confidence.”
In an environment where transparency must be demonstrable, Proof of Reserves provides a verifiable benchmark for asset security, reinforcing confidence through data rather than assertion.
Tapbit and Hacken Partnership for Security Audits
About Hacken
Hacken is a global cybersecurity firm specializing in blockchain security, smart contract auditing, and penetration testing. The company provides independent security assessments and advisory services to Web3 projects, exchanges, and decentralized applications, contributing to the advancement of security standards across the digital asset industry.
About Tapbit
Tapbit is a global digital asset trading platform established in 2021, offering cryptocurrency derivatives trading alongside spot and copy trading services. With operations spanning more than 190 regions, the platform supports a growing international user base while maintaining a consistent focus on performance, structural stability, and accessibility.
The platform is built upon a high-performance infrastructure designed to operate efficiently under dynamic market conditions, supported by a layered risk management framework and continuous system optimization. Its product architecture reflects a balance between functional depth and usability, integrating advanced trading capabilities within a streamlined, user-oriented interface.
In parallel with its technological development, Tapbit places strong emphasis on transparency and operational integrity. Through the integration of structured risk controls and independently verifiable frameworks, the platform aligns with evolving industry expectations around accountability and trust in digital asset markets.
Guided by a long-term strategic vision, Tapbit continues to evolve alongside the broader maturation of the industry, with a focus on reinforcing resilience, enhancing system reliability, and supporting a more sustainable trading environment for global participants.
Connect with Tapbit
For further information regarding Tapbit and its ongoing developments, please refer to the platform’s official channels:
- Official Website: https://www.tapbit.com/
- X (Twitter): https://x.com/Tapbitglobal
- Telegram: https://t.me/TapbitGlobalOfficial
- TikTok: https://www.tiktok.com/@tapbitglobal
- Instagram: https://www.instagram.com/tapbitofficial
- LinkedIn: https://www.linkedin.com/company/tapbit/
Updates relating to product developments, platform initiatives, and corporate announcements are published regularly through these official communication channels.
The Tapbit mobile application is also available for download, providing users with access to its trading services across multiple devices.
