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Crypto Custody Firm Fireblocks Now Offers DeFi Threat Detection for Institutions

Cryptocurrency custody specialist Fireblocks is helping institutions exploring decentralized finance (DeFi) from interacting with bad actors and falling victim to malicious attacks with new threat detection and smart contract evaluation tools. Fireblocks’ dApp Protection and Transaction Simulation products, which have been in beta testing since December of last year with Galaxy and Flowdesk, are now available to check decentralized applications across over 40 blockchains via WalletConnect, Fireblocks’ browser extension, and MetaMask Institutional. The solution looks for suspicious smart contracts, phishing websites, and compromised dApps by identifying malicious patterns.


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