Hypernative, the most effective and trusted threat detection and response solution in Web3, is partnering with Kinto to protect the world's first fully KYC'ed and decentralized blockchain for financial apps with the industry’s most comprehensive real-time monitoring security platform.
Hypernative Platform's real-time detection will identify threats across Kinto's blockchain and infrastructure contracts, bridges, oracles, and related tokens. As part of the collaboration, Hypernative will enhance Kinto's security framework by establishing response procedures, pre-incident strategies to mitigate risks, and post-incident measures that include automated circuit breakers.
The Hypernative security umbrella will also offer protection from phishing and scams, track user activity for sanctioned and suspicious addresses, monitor treasury, governance decisions and token holders. Hypernartive will also assist in incident response, helping identify root causes, suggesting remedies, automatically track stolen assets, and leveraging its network of connections for recovery of lost funds.
Hypernative Platform uses battle-tested, sophisticated machine learning models to identify threats with high accuracy and give customers precious minutes to respond before exploits can do damage. The system monitors over 25 chains, covering security, technical, financial, governance and other risks. Hypernative Platform detected 99.5% of hacks last year with less than 0.001% false positive rate and saved more than $50 million of funds to date.
Smart contracts call for smarter security. Hypernative monitors both onchain and offchain data sources in real time to stop hacks with the fastest and most-reliable threat detection and response in Web3. Powered by machine learning models, heuristics, simulations and graph-based detections, Hypernative’s monitoring platform accurately identifies over 200 risk types from smart contract hacks and bridge security incidents to frontend compromises, market manipulations and private key theft.
Kinto is an Arbitrum Layer 2 rollup built with decentralized yet robust on-chain Know Your Customer (KYC) solutions designed to serve a crypto and financial industry. Kinto's onchain KYC strikes a balance between the growing pressure from regulators worldwise to meet compliance standards and Web3's core values around user privacy.
Kinto joins over 80 leading Web3 projects that rely on Hypernative’s real-time enterprise-grade platform that monitors over $37 billion worth of digital assets across 25 chains. The list includes Karpatkey, Starknet, Polygon, Messari, Chainalysis, Circle, Galaxy Digital, Ether.fi, Radiant Capital, and more.
Reach out for a demo of Hypernative’s platform, tune into Hypernative’s blog and our social channels to keep up with the latest on cybersecurity in Web3.
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