New Partnership Enhances Crypto Security With Innovative Threat Detection
CoinStats and Hexens have forged a strategic partnership to integrate Glider Token Risk, an advanced smart contract scanning technology, into the former's portfolio management platform. The collaboration addresses growing security concerns as decentralized finance expands, targeting vulnerabilities in self-executing contracts that underpin most crypto transactions.
Hexens' proprietary threat detection system will provide real-time analysis of token smart contracts on CoinStats' platform, flagging potential exploits before execution. This preemptive security LAYER marks a significant upgrade for traders navigating an ecosystem where $2.1 billion was lost to smart contract exploits in 2023 alone.
The integration reflects mounting institutional demand for enterprise-grade security solutions in digital asset management. CoinStats, tracking over $300 million in daily portfolio transactions, positions the MOVE as essential infrastructure for mainstream crypto adoption.