The world’s first native Web3 browser’s set of new features help protect users against suspicious websites and Dapps, seed phrase phishing attacks, and malicious wallet addresses.

Oslo, Norway – December 15, 2022 – In what has been the most challenging environment for Web3 in years, Norwegian browser company Opera (NASDAQ: OPRA) is making Web3 browsing safer than ever with the release of Web3 Guard, a suite of security features browsers designed to protect the browsing experience. for Web3 users. These features are available today in Opera Crypto Browser, greatly improving security for its users.

Crypto has had a particularly difficult year with numerous frauds and attacks resulting in record losses for cryptocurrency investors. Serious online hacks and scams have resulted in the disappearance of approximately $4.3 billion in cryptocurrency funds by 2022. Recent data from Solidus Labs shows that 15 new cryptocurrency scams are observed every hour.

“The current browsers that most people use today are not designed to handle the complexity of Web3,” said Danny Yao, a senior product manager at Opera. “With this release, we take a big step forward with dedicated security features that allow people to use Web3 applications in a more secure way.”

Protection against malicious Dapps and phishing attacks

You can browse Dapps as easily as accessing any Web2 website with Opera Crypto Browser. But how do you know if a given Dapp is safe to use? One of the main components of Web3 Guard is the Dapp Check, which checks for known security risks associated with decentralized applications (Dapps). This includes checking if it contains suspicious code, was created by a malicious owner, or has been audited. This check will help users assess whether a Dapp has been compromised or has been configured to trick users into trusting it.

Another feature is the Seed Phrase Phishing Check, designed to protect users from so-called seed phishing attacks. Phishing attacks often target users’ seed phrases and private keys, some of the most essential parts of any crypto wallet, which can be used to gain full access to a user’s digital assets. Seed phrase phishing attacks are one of the most common ways to compromise Web3 credentials, resulting in millions of dollars in losses.

As part of the checks, Web3 Guard scans web pages for telltale signs of exploitation, such as keywords and common phishing properties, without compromising users’ privacy or personal data.

“Most of the currently available Web3 security tools have complex user interfaces and messages that are difficult to understand, which doesn’t help users,” Yao said. “In addition, having to download third-party security extensions increases the risk of downloading malicious software.”

Unlocking the value of Web3

Additional Crypto Browser updates include a Malicious Address Checker within Opera Crypto Wallet that scans recipient addresses against a list of known malicious actors and warns users if suspicious activity is detected. The browser also comes with the ability to enable HTTPS everywhere, providing an extra layer of protection and making sure that the websites people visit use the proper encryption protocols.

Opera Crypto Browser also gets more secure with the introduction of VPN Pro. Opera VPN Pro is a premium alternative to your free browser VPN and works with 3000+ servers worldwide. VPN Pro users can secure up to six separate devices and enable full device protection, keeping their browsing safe from prying eyes.

Support for Binance Connect P2P, MultiversX and Unstoppable domain identifiers

Additionally, the Opera Crypto Browser now includes integration of support for MultiversX and NEAR tokens into Opera Crypto Wallet, support for Binance Connect P2P payments to make cryptocurrencies more accessible to users in emerging markets, as well as support for domain-levels. superior and shipping and receiving. crypto using unstoppable domains.

Web3 Guard and all mentioned updates are now available with the latest version of Opera Crypto Browser for PC. Download it from www.opera.com/crypto/next

About the opera

Opera is a global web innovator with an engaged and growing base of hundreds of millions of monthly active users seeking a better Internet experience. Building on more than 25 years of innovation that began with browser products, Opera is now leveraging its brand and highly engaged user base to expand its business into new segments. Today, Opera offers users around the world a range of products and services including browsers for PC and mobile devices, the Opera News newsreader, and apps dedicated to gaming, cryptocurrency, and e-commerce. In 2018, Opera introduced the first browser with a built-in crypto wallet and web3 support. Opera is headquartered in Oslo, Norway and is listed on the NASDAQ (OPRA) stock exchange. In January 2022, Opera launched its “Crypto Browser project”. The browser provides seamless access to Web3, support for cryptocurrency and NFT exchanges, decentralized applications (dApps) and features a built-in non-custodial crypto wallet.