Public Key

The Company That's Stopping Web3 Cyber Attacks


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What if there is a company that can detect web3 cyber attacks and hacks before they happen?

In this episode Ian Andrews (CMO, Chainalysis) speaks to Gal Sagie, who is the Co-Founder and CEO of Hypernative, whose company is doing just that. Preventing malicious cyber threats aimed against the most important protocols and blockchains in the ecosystem,


Gal showcases Hypernative’s end-to-end security and risk prevention platform and shares insights into the importance of security in driving wider adoption of blockchain technology. 

He discusses how Hypernative's platform has successfully detected and prevented hacks and exploits in the industry and highlights the need for a comprehensive security approach beyond traditional smart contract audits and emphasizes the role of real-time monitoring and automated actions in mitigating risks.


He also explains the accuracy of detection, the ease of onboarding and the need for his company to maintain low false positive alerts and the team’s focus to expand to more chains and protocols. 

Minute-by-minute episode breakdown

2 | Overview of Hypernative and its mission in Web3 security

6 | Discussion on the importance of solving the security problem for wider adoption

10 | The speed of detection: 98% of attacks being detected 2 minutes or more before the first transaction

13 | Chainlink and other ideal users of Hypernative: protocols, chains and investors

16 | The focus on accuracy to minimize false positives and maintain trust 

19 | The limitations of smart contract audits and the need for additional security measures 

23 | The endless information available on the blockchain for security analysis and the goal to detect all potential risks with minimal effort from customers

27 |The importance of detecting and preventing attacks before any funds are lost 

31 | Hypernative's roadmap for the year ahead and plans for expansion 

Related resources

Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key.

  • Website: Hypernative: Institutional Grade  Web3 Security
  • Twitter: Hypernative stops zero day cyber-attacks and economic risks
  • Blog: Chainlink Labs and Hypernative Partner to Enhance Web3 Security
  • Blog: Chainalysis Partners with Hypernative for Real-Time Security and Incident Response
  • Press Release: ‘SEAL 911’ team of white hats formed to fight crypto hacks in real time
  • Registration: Digital premiere of Links 2024 (NYC Main Stage Content - Register Now!)
  • Blog: What You Need to Know About the Bitcoin Halving
  • Podcast: Bitcoin Mining and Data Centre Innovations: Podcast Ep. 76
  • YouTube: Chainalysis YouTube page
  • Twitter: Chainalysis Twitter: Building trust in blockchain
  • Tik Tok: Building trust in #blockchains among people, businesses, and governments.
  • Telegram: Chainalysis on Telegram 
  • Speakers on today’s episode
    • Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) 
  • Gal Sagie (Co-Founder & CEO of Hypernative)
  • This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein.

    Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material.

    Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material. 

    Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.

     

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    Public KeyBy Chainalysis

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