Key Points
- •CoinStats integrates Hexens' Glider Tool to enhance security.
- •The integration targets EVM‑compatible chains.
- •Real‑time threat detection improves trader confidence.
CoinStats has integrated Hexens' Glider Token Risk tool, enhancing crypto trader security within its platform by offering advanced smart contract risk analysis.
The integration addresses increasing scams in the crypto trading space, offering immediate protection to users and ensuring safer trading across over 120 blockchains.
CoinStats has partnered with Hexens to integrate the Glider Token Risk tool. This move enhances security for cryptocurrency traders. The tool provides advanced smart contract risk analysis. The collaboration focuses on increasing user protection within the CoinStats platform.
CoinStats, a leader in crypto portfolio management, now offers Hexens' proprietary tool. Traders gain insights without needing technical expertise. This integration, led by CEOs Narek Gevorgyan and Dmitry Mishunin, targets EVM‑compatible assets and increases security measures.
“Each risk scanned by the tool comes with a clear explanation, which gives traders actionable insights without needing technical expertise.” – Narek Gevorgyan, CEO, CoinStats
The immediate effects include enhanced protection against scam tokens for traders. This integration strengthens trader confidence in managing crypto assets. The move also marks a significant trend in integrating security features across consumer‑facing crypto platforms.
Financial implications involve greater trader safety on EVM chains like Ethereum and BNB. There's no direct change in funding disclosed. The integration follows precedents set by past cybersecurity enhancements in the industry, pointing to a growing necessity.
The potential outcomes include heightened transparency and reduced risk of scams in token trading. Historical data of over $10 billion drained by scams emphasizes the importance of this integration. Hexens' analysis supports a move toward a safer decentralized ecosystem.