Our team was able to craft the world’s first unrivaled exploit identification and mitigation product designed to foolproof Web3 from hacks. That’s our mission which we continue to build each day and any partner that declares security as their priority is an ally to that mission.
Through our shared values toward user security, we would like to introduce you to our newest security ecosystem member — BlockWallet. They will be integrating Lossless’s proactive Web3 protection against smart contract exploits, the newest tool out there — Aegis.
What does this mean for you as a user? BlockWallet will become more secure. Whether you will be using privacy pools or swapping and staking your tokens (which is a new feature coming on our partner’s side), you always depend on smart contracts. And now, BlockWallet will have the watchful eye of Aegis monitoring all of them them, catching exploits before they do any damage.
Why Aegis?
Since Q1 2021, Lossless has analyzed 80+ hacks responsible for a total stolen value of $3.6 billion. And through their combined insight, they’ve narrowed it down to 3 major exploit patterns:
- Price Oracle Manipulations
- Private Key Hacks
- Bugs: Errors and loopholes in smart contracts
Aegis scans all mined block transactions, utilizing predictive analytics to monitor transaction patterns and identify suspicious addresses. With 24/7 security and an intuitive dashboard for our team, smart contract exploits can be prevented before they even happen.
About BlockWallet
BlockWallet is a privacy-first self-custodial browser extension wallet where you can store, send or receive crypto and interact with your favorite blockchain apps privately.
As crypto sees mainstream adoption, blockchain’s lack of privacy often translates to security risks. BlockWallet is here to ensure that on-chain privacy does not lag behind. The wallet provides a set of advanced privacy tools wrapped in a familiar and user-friendly wallet experience, eliminating friction and making privacy accessible for everyone.
BlockWallet protects you and ensures privacy by default. When you make transactions or interact with blockchain apps, BlockWallet routes all node requests through Privacy Proxies, which mask the IP address and other metadata, that can be used to identify and track you on a blockchain. You can also use the Privacy Pools feature, powered by zk-SNARKs technology, to deposit and mix funds in a smart contract. This allows transferring funds without links to your main wallet. BlockWallet offers integrated Flash-Bot Protection, shielding you from sandwich attacks when you trade on DEXes. Meanwhile, the Phishing Protection feature helps you combat phishing scams by generating unique artwork on all sensitive pages.
BlockWallet is not a compromise. It’s privacy-first, but it still packs all features you would expect from a wallet. With full Web 3.0 support, the wallet allows you to connect to any DApp.
Become a part of the BlockWallet community today:
Homepage | Medium | Twitter | Telegram | Discord | GitHub | E-mail
About Lossless
Restoring trust in web3 security. Lossless incorporates a new layer of blockchain transaction security, protecting projects and their communities from malicious exploits and the associated financial loss.
Lossless protocol implements an additional layer of blockchain transaction security for ERC-20 standard tokens, mitigating the financial impact of smart contract exploits and private key theft. Lossless protocol utilizes community-driven threat identification tools and a unique stake-based reporting system to identify suspicious transactions, providing real-time protection.
Twitter | Platform | Telegram | Discord | Website | Documentation | Github
