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Developing Safe Applications for Blockchain Creators: Hexagate Boosts Security for Coders on Base Platform

Coinbase teams up with Hexagate to deliver instant security for blockchain applications, equipping Base developers with threat detection and analytics tools.

Developing Onchain applications with enhanced security for developers through Hexagate
Developing Onchain applications with enhanced security for developers through Hexagate

Developing Safe Applications for Blockchain Creators: Hexagate Boosts Security for Coders on Base Platform

In a significant move towards enhancing the security of the Base blockchain, Coinbase has partnered with Hexagate, a leading Web3 security company. This collaboration aims to provide real-time threat monitoring and risk analytics to every app and protocol built on Base, at no cost to the builders.

Hexagate offers a Web3 threat prevention and risk intelligence platform, acting as 'run-time security' for chains, bridges, protocols, and asset managers. Builders on Base can now utilise this platform to monitor up to 10 contracts, with 5 custom monitors for known threats provided free of charge.

Shashank Agrawal, Blockchain Security Engineering Manager at Coinbase, commented on the partnership, stating, 'Hexagate's collaboration with Coinbase will help strengthen the security of the Base ecosystem.'

Hexagate's capabilities are already being utilised by Coinbase to proactively detect security risks. In a recent demonstration, Hexagate's platform proved its worth in a SEAL wargame simulation.

The partnership between Coinbase and Hexagate is not just about security, but also about fostering creativity, innovation, and freedom within the onchain economy. Coinbase has expanded access to Hexagate's platform, making it available to all builders on Base.

Hexagate's Ecosystem Tier offers additional resources for builders, including documentation and tutorials on setting up monitors, triaging alerts, and responding to incidents. Real-time alerts can be forwarded through channels like Slack, Telegram, or email.

Hexagate secures over $50 billion in total value locked (TVL) across multiple chains and has earned the trust of several big names in the industry. Anyone can apply for the Hexagate Ecosystem Tier on the provided link. Registration for all developers on the Base blockchain is expected to open soon, though the exact date has not been explicitly stated in available sources.

In addition, Coinbase and Hexagate intend to share their L2 security best practices with the broader ecosystem in the near future. This framework, powered by Hexagate's Web3 security platform, safeguards Base's operational integrity against various potential threats.

It's important to note that all services and tools are provided by Hexagate, and Coinbase and its affiliates assume no liability for their use or performance.

This partnership is a significant step towards building a secure and robust onchain economy, empowering developers to innovate with confidence.

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