Hexens

Hexens is a cybersecurity company founded in 2021 by Sipan Vardanyan and Vahe Karapetyan, two seasoned cybersecurity professionals and multiple-time "Capture the Flag" competition winners. Drawing from over a decade of experience in traditional Web2 security, the founders established Hexens to address the specific security challenges of blockchain and other emerging technologies. The firm is headquartered in London, UK, and has secured $4.2 million in a seed funding round led by IOSG Ventures in October 2022.

The company offers a comprehensive suite of security services, targeting clients in the Web3 space, from DeFi protocols to Layer 1 and Layer 2 blockchains. Its core services include smart contract audits, penetration testing, source code reviews, and security for AI/ML systems. Hexens employs a distinctive methodology, utilizing two independent audit teams that work in parallel to cross-verify findings, aiming to eliminate human-factor risks and identify vulnerabilities that other approaches might miss. The firm has provided security for prominent industry players such as Polygon, Lido, EigenLayer, and 1inch.

Beyond its auditing services, Hexens develops security-focused products. These include "Glider," a smart contract query engine for vulnerability detection across blockchains, and "Remedy," a bug bounty platform that connects projects with ethical hackers. The company also engages in cybercrime investigations, helping to identify hackers and recover stolen digital assets.

Keywords: blockchain security, cybersecurity, smart contract audit, Web3 security, penetration testing, DeFi security, vulnerability assessment, zero-knowledge proofs, security audit, ethical hacking, bug bounty program, cybercrime investigation, AI security, Sipan Vardanyan, Vahe Karapetyan, Layer 1 security, Layer 2 security, Glider, Remedy