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End the era of crypto scams

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End the era of crypto scams

Source: news.google.com

Released on December 1, 2022, it is on a mission to become a trusted security guard for the Web3 community.

While Web3 is a landscape of endless opportunity, any thriving field attracts its fair share of scammers. Website and smart contract forgery, malicious airdrops, phishing, compromised social media accounts, and spam are just some of the dangers one could face. In Web3, it only takes one click to lose everything you own.

Alarmingly, more than $1.6 billion worth of crypto was lost in 2022 due to major exploits in DeFi, far more than the heists of 2020 and 2021.

The Web3 Antivirus team decided that these situations should not have occurred in the first place. On December 1, 2022, it announced the launch of its top-tier solution aimed at keeping user assets safe.

What is Web3 Antivirus?

Web3 Antivirus is a free, open source Chrome extension that allows users to safely browse and transact on Web3 without configuration. It leverages both the capabilities of proprietary security auditing frameworks and a database of millions of websites within block lists and allow lists from which it pulls data.

The tool currently works with Ethereum, while support for Binance and Solana is on the way.

W3A will never require users to provide access to their wallet, assets, or seed phrase, making it a truly trusted companion.

How does Web3 Antivirus protect users?

The installation process is simple, since it only requires downloading and enabling it in the browser. No need to integrate W3A with a wallet or configure it. The tool supports Metamask, Coinbase Wallet, and BitKeep Wallet, with other wallets to be added soon.

Web3 Antivirus is activated while users browse and when they are about to sign a transaction or message.

As you browse, W3A checks domain names against its extensive database using AI similarity validation, searches for and identifies suspicious content and coded logic, and immediately alerts users if they are directed to a phishing site.

Before a user signs a transaction, W3A puts it on short hold and analyzes potential red flags.

Suspicious logic, dangerous features, or compromising permissions for assets? Is a contract not verified by the official creator or has a low volume of transactions? W3A summarizes all potential threats in a report in a matter of seconds.

Additionally, the tool simulates the transaction and shows what would happen if it is approved.

With all the information available, users take back control and make informed decisions about their next move regarding all potential risks.

Who is behind Web3 Antivirus?

The W3A team are Web3 and blockchain experts with 50 years of collective experience in the field.

According to Alex Dulub, founder of Web3 Antivirus, “The key goal of the solution is to help the Web3 community save billions of dollars by making the ecosystem a safer place to cooperate and work, which will benefit all parties. interested in the long term. .”

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