The Stellar ecosystem now implements Blockaid security features

BlockBeats news, on October 17, blockchain security company Blockaid announced that it will integrate its advanced on-chain detection and response (ODR) technology into the Stellar blockchain, starting with the Lobstr and Freighter wallet applications. The strategic partnership will bring real-time threat monitoring and rapid response capabilities to the wallet, with further integrations planned.

In the first half of 2024 alone, Blockaid has signed agreements with multiple blockchain companies in the industry, including Coinbase Wallet integration in March, and cooperation with 1inch and Avalanche Core Wallet in June.

Stellar is a decentralized, open-source blockchain platform for decentralized finance (DeFi), assets and payments. As of October 16, the market capitalization of its main token, XLM, was $2.8 billion.

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