LBank launches Crypto Resilience Initiative with CertiK to bolster exchange security

LBank said it has launched the Crypto Resilience Initiative to strengthen platform security through deeper work with CertiK, the largest Web3 security services provider. The effort includes CertiK’s penetration testing services and LBank’s participation in CertiK’s Bug Bounty program, which the exchange said will add external blockchain security expertise to its existing security practices. The announcement frames the initiative as a response to a more complex threat environment for digital asset platforms, including cross-chain exploits, smart contract vulnerabilities and AI-assisted attack techniques. Eric He, Community Angel Officer and Risk Control Advisor at LBank, said security is becoming more collaborative as the blockchain ecosystem grows more interconnected and that stronger internal controls need to be matched by closer industry cooperation. LBank said its current security framework includes cold wallet custody, multi-signature authorization, behavioral analytics, AI-assisted risk detection and continuous monitoring. The company added that it plans to keep working with CertiK to advance the initiative and that both companies expect it to support stronger security practices across the industry and improve the long-term resilience of the digital asset ecosystem.

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