Hypernative Integrates with Stacks, Bitcoin\'s Leading L2, to Enhance Security for Apps and Smart Contracts

This partnership strengthens the Bitcoin economy by providing real-time threat detection and response, safeguarding the ecosystem from sophisticated attacks.

Hypernative, a provider of real-time threat detection and response solutions, announced today its collaboration with Stacks, Bitcoin’s leading layer 2 (L2). This partnership will integrate Hypernative’s advanced cybersecurity tools with Stacks, significantly bolstering the security framework for applications and smart contracts built on the L2.

In a move to scale Bitcoin and introduce more advanced financial constructs on the network, Stacks has been gaining traction as a layer for building decentralized applications. However, as more code and smart contracts are being developed, the need for strong security measures becomes critical.

Enter Hypernative, a solution designed to protect web3 protocols, decentralized applications, and infrastructure from hacks, exploits, and fraud. The company’s service monitors on-chain activities in real-time, detecting sophisticated attacks and providing early warnings of emerging threats.

With this integration, Stacks ecosystem projects will be covered by Hypernative’s monitoring service, catering to a wide range of attack surfaces and risk vectors. The protection spans bridges, internal infrastructure smart contracts, multisig wallets, treasury, and token allocations.

Hypernative’s platform monitors both on-chain and off-chain data sources in real-time, covering a broad spectrum of web3 risks. The platform’s advanced detection capabilities span over 200 risk types and boast an unmatched accuracy of 99.5% in hack detection.

Moreover, Hypernative has a proven track record of assisting projects in preventing fund theft, collectively saving over $50 million in funds to date.

Commenting on the collaboration, Hypernative CEO and co-founder Gal Sagie highlighted the significance of securing the L2 to scale Bitcoin.

“Stacks is on a mission to scale Bitcoin and make more advanced financial constructs possible on the network. With more code and more smart contracts comes a critical need to make sure they are safe. Hypernative is proud to secure the entire Stacks ecosystem in real time and help activate the Bitcoin economy.”

This integration provides a foundation for Bitcoin innovation, combining Stacks’ programmability with Hypernative’s advanced security. Projects building on L2 will have the confidence that their operations are anchored to the world’s most secure blockchain, with on-chain activities being monitored in real-time for advanced threat detection.

About Stacks

Stacks is a layer 2 (L2) blockchain that adds smart contracts and decentralized applications to Bitcoin, enabling the network to become the secure base layer for Web3. The upcoming Nakamoto release in 2024 will introduce faster speeds and transactions that are as irreversible as Bitcoin’s once confirmed on-chain, enabling a programmable Bitcoin asset called sBTC.

Stacks is the leading Bitcoin L2 by developer activity and market capitalization, and it stands to unlock Bitcoin’s $1 trillion in passive capital as a fully programmable productive asset.

The Stacks (STX) token, which serves as gas on L2, was the first to be offered and sold in an SEC-qualified sale in the United States. The mainnet launch in 2021 marked the project’s full decentralization, with contributions from over 30 entities including the non-profit Stacks Foundation, Hiro, Xverse, Trust Machines, Mechanism, Bitcoin L2 Labs, ALEX, Bitcoin Frontier Fund and more.

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