Friday, 24 March, 2023

Blockchain security startup Hypernative bags $9M to prevent crypto hacks

<p>Hypernative, a crypto security-focused startup, has raised $9 million in seed funding. The company was started by Gal Sagie and Dan Caspi, who&#39;s Hypernative&#39;s CTO, it has helped users save 10s of millions of dollars. It aims to build prevention workflows that give end-to-end systems that mitigate risk. In 2022, the majority of losses of $3.77 billion, were from hacks across 134 incidents. The 4th quarter in 2022 saw 55 incidents, with $1.62 billion in total losses.</p>