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Home » Cryptocurrency » Everstake Achieves SOC 2 Type 1 Certification, Strengthening Web3 Security Amid Crypto Market Growth
Everstake Passes SOC 2 Type I Audit 17381508996mb2 17382467839vJthtoAKZ
Cryptocurrency

Everstake Achieves SOC 2 Type 1 Certification, Strengthening Web3 Security Amid Crypto Market Growth

CryptoAINewsBy CryptoAINewsJanuary 31, 2025No Comments3 Mins Read
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[PRESS RELEASE – Miami, USA, January 30th, 2025]

Everstake, a number one world staking supplier and blockchain options firm, has obtained AICPA System and Group Controls (SOC 2) Kind 1 certification. The certification follows a complete compliance audit of Everstake’s staking infrastructure, carried out by the impartial cybersecurity agency Prescient Security, verifying adherence to top-tier safety and privateness requirements whereas delivering enterprise-level safety in opposition to cyber threats for each particular person and institutional stakers.

Within the evolving Web3 area, SOC 2 certification serves as an vital bridge to conventional enterprises by aligning trade requirements with these established in Web2.

Thus, SOC 2 certification is a notable milestone for Everstake, highlighting its dedication to sustaining the best requirements of safety, availability, processing integrity, confidentiality, and privateness in buyer knowledge administration. This certification additionally displays the corporate’s dedication to operational transparency, enabling the continual monitoring of safety measures and controls that permit Everstake to strengthen its safety framework persistently.

The SOC 2 audit additionally confirms that the corporate’s infrastructure can guarantee shopper funds’ security and successfully deal with cybersecurity threats, together with slashing — a penalty imposed on tokens staked with validators who violate community guidelines. This achievement is particularly important throughout a crypto market bull run when cyber assaults surge alongside the rising demand for digital property and DeFi purposes.

The rising curiosity in staking companies is obvious: over the previous yr, the quantity of staked Ethereum tokens has surged by 74%, rising from 19.5M ETH to 33.99M. Moreover, the quantity of lively validators has elevated by 16%, indicating the heightened demand for staking options amongst crypto holders.

“Securing the SOC 2 attestation underscores Everstake’s ongoing dedication to making sure the best safety requirements are persistently upheld throughout all operations. With the rising demand for staking companies, we acknowledge the important significance of reliable infrastructure for the correct functioning of blockchain programs. Our mission is to pave the best way for Web3 innovation whereas defending token holders and galvanizing the trade to undertake the most effective cybersecurity practices,” stated Denys Avierin, Chief Data Officer at Everstake.

About Prescient Safety: 

A World Prime 20 Impartial Audit and Penetration Testing Firm, Prescient Security delivers unparalleled high quality in audits, attestations, and certifications to make sure excellence and shopper success. Utilizing a Danger-Primarily based Audit Method versus a Requirement-Primarily based Audit Method, paired with the flexibility to customise audit deliverables based mostly on particular shopper wants, Prescient Safety operates from a cybersecurity standpoint first, is complete but granular, and in a fraction of the time.

About Everstake:

Everstake, based in 2018 by blockchain engineers, is a world-leading supplier of staking and blockchain options. Working throughout over 80 networks with 735,000+ delegators, Everstake ensures excessive uptime with its world infrastructure and knowledgeable staff. Past staking, the corporate invests in Web3 options, develops L1 infrastructure for networks like Ethereum and Solana, and contributes to the expansion of tasks like Wormhole. Everstake additionally leads in educating the blockchain neighborhood, empowering customers with insights into Proof-of-Stake and Web3 applied sciences.

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