CoinStats and Hexens Collaborate to Enhance Crypto Trading Security

An Innovative Security Tool for Crypto Traders Cryptocurrency traders can now leverage an advanced tool—Glider Token Risk—from Hexens , thanks to a strategic integration with ￰0￱ tool offers deep insights into potential vulnerabilities and risks associated with token smart contracts, empowering users to make safer trading ￰1￱ This Integration Matters With a significant rise in scam tokens, which saw over 74,000 new scam tokens in 2024 costing traders nearly $10 billion, the need for robust security solutions has never been more ￰2￱ Token Risk is engineered to identify over 22 distinct smart contract risks, ensuring traders can act with ￰3￱ Dive into Glider Token Risk Glider Token Risk performs an exhaustive analysis of smart contracts, much like an ￰4￱ allows it to detect underlying threats that might go unnoticed by superficial scans.

Here's a breakdown of what the tool scans for: Blockable transfers, found in 59% of tokens analyzed External calls during transfers, present in 29% of tokens Balance manipulation, detected in 25% of tokens Centralized minting capabilities, in 21% of tokens Hidden fee structures, present in 10% of tokens Centralized burn capabilities, found in 9% of tokens Upgradeable contract provisions, also in 9% of tokens Use of blacklists or whitelists, each found in 5% of tokens Pausable transfer capabilities, in 7% of tokens This comprehensive approach is designed to flag any suspicious contract activity and provide traders with the necessary insight to avoid high-risk ￰5￱ Education and Awareness The integration not only shields traders but also educates them, allowing for smarter, more informed investment ￰6￱ detailed risk explanations provided by Glider Token Risk help demystify complex technical details, making it easier for traders at all levels to understand the intricacies of smart ￰7￱ of Glider Token Risk Glider Token Risk is accessible to traders via the CoinStats Degen plan, and is compatible across a broad range of EVM-compatible ￰8￱ can easily analyze any token by checking the Risks tab for an instantaneous breakdown of potential ￰9￱ can access this feature on various platforms including iOS, Android, and ￰10￱ insights are just a tap away for traders looking to enhance their trading rituals with added security ￰11￱ more information on subscription plans, visit CoinStats ￰12￱ Hexens Hexens is a top-tier cybersecurity firm with a strong focus on Web3 security, providing essential services that include smart contract analysis and incident ￰13￱ client list includes notable names such as Polygon and Lido, attesting to their expertise and reliability in the ￰14￱ CoinStats CoinStats is a leading cryptocurrency portfolio management platform, with capabilities to support multiple wallets and ￰15￱ platform simplifies the task of portfolio management for crypto traders, integrating with major platforms and supporting an extensive list of blockchains and DeFi protocols.

Disclaimer: This article is provided for informational purposes ￰16￱ is not offered or intended to be used as legal, tax, investment, financial, or other advice.