Station70 and Cyvers Launch Secure Signer
The Industry's First Institutional-Grade Transaction Security Solution
Cyvers, a leading Web3 security platform specializing in AI-powered real-time threat detection and prevention, and Station70, a pioneer in web3 security products, have announced a strategic partnership to address the escalating threat of access control breaches in institutional digital asset transactions. Together, they introduce the first transaction security solution tailored for institutions of all sizes, designed to counteract the surge in attacks targeting wallet and transaction signing systems.
In the last two years, access control attacks have surged, causing wallet hacks responsible for 80% of stolen funds across cybersecurity incidents—a staggering $4 billion in losses. The recent $50 million breach at Radiant Capital underscored vulnerabilities in wallet and signing systems, while the $235 million WazirX hack revealed how attackers manipulated external displays to trick users into signing fraudulent transactions. These incidents demonstrate the critical need for a solution that preemptively secures transaction signing for institutions.
The joint product by Cyvers and Station70 is specifically designed to close these gaps. The solution integrates Station70’s hosted co-signer-as-a-service with Cyvers’ advanced real-time threat detection engine, offering Fireblocks wallet users globally a seamless deployment option that proactively simulates and validates transactions for security risks prior to blockchain execution. This dual-layered security approach enables institutions to gain greater control over signing processes while ensuring transactions are legitimate, monitored, and threat-proofed without adding operational complexity.
Adam Healy, CEO & Co-founder of Station70, stated, “Our partnership with Cyvers is essential for achieving parity in security capabilities across the industry. By combining Cyvers' real-time threat intelligence with Station70’s co-signer technology, we provide institutions with a streamlined path to advanced transaction security. This is more than a product; it’s a step toward restoring institutional confidence and trust in Web3 transaction safety.”
Deddy Lavid, CEO of Cyvers, added, “This collaboration marks a transformative move toward proactive transaction security. The fusion of Station70’s co-signer service with Cyvers’ threat detection fills a crucial gap in wallet security. We’re thrilled to equip institutions with this unique solution to significantly curb losses from access control breaches and private key exposures.”
About Cyvers
Cyvers is an industry-leading provider of Web3 security solutions, offering AI-driven technology that protects digital assets in real time against cyber threats and fraud. Cyvers’ threat detection platform secures top entities like 21Shares and ConsenSys, setting new standards in proactive security for the blockchain space. Learn more at Cyvers.ai.
About Station70
Headquartered in Nashville, TN, Station70 delivers comprehensive security products for the digital asset industry, with a focus on regulatory alignment and transaction integrity for both institutional and retail users. . Learn more at Station70.com.
