As the blockchain industry continues to evolve, BitsLab, a leading blockchain security auditing company, is making significant strides in redefining its approach to security auditing. Through its subsidiaries MoveBit and ScaleBit, BitsLab is revolutionizing the way blockchain security is ensured in the emerging Web3 ecosystems.
MoveBit, originally a collaboration of security experts and industry leaders, has become instrumental in the Move ecosystem. It has gained recognition in mainstream environments like Aptos and Sui, providing security audit services to a majority of projects within the Move ecosystem. MoveBit’s contributions include establishing security standards and promoting formal verification best practices.
On the other hand, ScaleBit focuses on meeting the increasing need for advanced security in the growing Web3 sector. Specializing in Zero-Knowledge Proofs (ZKP), Layer 2, and cross-chain applications, ScaleBit has developed a cutting-edge vulnerability detection tool called “zkScanner.” ScaleBit has established itself as a trusted security partner for major ecosystems such as TON, Linea, BNB Chain, and Starknet.
To date, BitsLab has provided blockchain security audit solutions for over 400 projects worldwide, auditing more than 400,000 lines of code. Impressively, none of the audited projects have experienced any major vulnerability attacks. These efforts have safeguarded assets totaling approximately $800 million and served over 2 million ecosystem users.
In addition to its security services, BitsLab has developed several technical tools, including programming IDEs and code vulnerability detection tools. These tools, like the Aptos Move Analyzer and Sui Move Analyzer, have garnered significant popularity, with over 100,000 users and more than 60 blockchain development teams utilizing them.
The achievements of BitsLab can be attributed to the investments and support from key industry partners, including Sancus Ventures, HashKey Capital, Awesome People Ventures, Gate.io, AC Capital, Robin&Quinn Capital, and others.
To learn more about BitsLab and its subsidiaries MoveBit and ScaleBit, visit their official websites at https://www.bitslab.xyz/, https://www.movebit.xyz/, and https://www.scalebit.xyz/. As the Web3 landscape continues to evolve, BitsLab remains dedicated to delivering top-notch security services and infrastructure development, ensuring a secure future for the blockchain industry.