A new suite of tools for Web3 businesses targets the safety and security of transactions, websites and smart contacts to combat exploits.
One of the biggest concerns of customers in decentralized finance (Defi) is that it is easy to use. From January to November 2022, hackers stole $4.3 billion worth of cryptocurrencies-an increase of 37 per cent over the previous year, according to a result of privacy matters.
Such exploitation undermines the honesty and trustworthiness of companies and exacerbates external skeptics in cases of resistance to cryptocurrencies. But in an announcement released by Web3 Builders on February 2nd, the company mentioned a set of tools to solve these problems.
The browser extension TrustCheck was originally built to identify Web3-related scams before customers continue to interact with Web3. This new set of tools is based on the Web3 Builders deal Checker, the URL Checker and the Smart contract Checker.
Web3 Builders CEO Ricky Kerihoviak shows that for the enterprise, this is also an indispensable moment to confirm its authenticity.
"A tragic situation is that fraud and fraud are still common in Web3 indoor spaces."
According to the announcement, the tool scanners nearly 30 million abnormal website domain names a day and checks for system vulnerabilities in about 55 million etheric intelligence contracts.
He goes on to show that even last month, the tool module found dozens of scams listed on fashionable service platforms, industries and trading centres.
In the past week, there has been a series of new attacks that have exploited millions of people from outer space. This mainly includes an incident on Feb. 1, in which the BonqDAO agreement lost $120 million after the Oracle script was hacked.
Last week, hackers hacked into azuki's Twitter account and stole $758000 in just 30 minutes. Financial platform Robinhood's Twitter was also attacked by hackers on January 25th, during which hackers tried to market and promote a fraudulent dynamic password.
'it 's particularly important to pay attention to what happens to your business, 'says Niederp Horellick, co-founder of professional technology and top blockchain technology officer at Web3 Builders.
End-product users need to have this function on all the software they choose, and enterprises should implement that solution to ensure their users' security in Web3. "
On Jan. 24, jumper hackers moved to $155 million out of $321 million, the main transfer of stolen assets in recent months.