The Avalanche Core wallet, Avalanche’s native wallet, has announced a collaboration with Blockaid to integrate its security features directly within the wallet.
The security integration uses Blockaid’s threats database to screen for increasingly sophisticated phishing scams and exploits impacting Web3 users.
The security upgrade aims to thwart the increasingly sophisticated phishing scams and hacks plaguing decentralized finance by prescreening transactions against Blockaid’s database of known malicious threats and then alerting the user to the threat before the transaction is actually signed and posted. This type of security feature is known as transaction simulation.claims that its security apparatus has helped to repel 1.
There is also an evolving threat landscape that could manage to stay one step ahead of transaction simulators in the cat-and-mouse game of cybersecurity.to cybersecurity expert Bernhard Mueller, malware such as the infamous “Angel Drainer” could potentially penetrate the security layers afforded by transaction simulators such as Blockaid, WalletGuard and Pocket Universe.
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