Avalanche strengthens the security of its native wallet by integrating Blockaid solutions

The Avalanche cryptographic ecosystem seeks to increase the security of its infrastructure by implementing external web3 solutions.

Today Core, Avalanche's native wallet developed by Ava Labs, announced a strategic partnership with provider Blockaid, which provides a set of tools to simulate transactions before their actual execution and prevent cyber scams such as phishing and hacking.

Security is a very important topic in the cryptographic sector, where since 2017 until today hacking activities have been carried out with a total loss of 8.2 billion dollars.

Let's see everything in detail below.

Avalanche Core partners with Blockaid to prevent phishing and hacks in its ecosystem

Today Core, the famous Avalanche cryptocurrency wallet developed by parent company Ava Labs, revealed an integration with Israeli web3 security solutions provider Blockaid, aiming to make its infrastructures impenetrable and offer users a convenient tool that highlights presence of danger factors.

In detail, Blockaid uses highly sophisticated technology that allows transactions to be simulated before they are executed by the user, enabling the identification and prevention of possible fraudulent activities, such as phishing attacks, address poisoning and hacks.

One of the current biggest limitations of non-custodial decentralized wallets is that when performing any operation (subscription, spending approval, execution, etc.), it is not intuitively clear what is being confirmed unless the underlying code is examined.

It often happens that several individuals are deceived precisely because they end up on malicious websites that invite them to connect their wallet and approve apparently legitimate transactions, but which end up emptying all the funds contained in it.