Uniswap Labs and Blockaid Collaborate on New Token Early Warning System
According to <The Block>, Uniswap Labs has collaborated with Web3 security firm Blockaid to develop a new on-chain detection and response system to protect DEX users from malicious token attacks. If users interact with tokens marked as potentially malicious, Blockaid's tool will alert the users. The tool will be launched on Uniswap's web, mobile, and self-hosted crypto wallet extensions, and it combines static (comparing contract source code with known malware) and dynamic (using a virtual environment to trigger contracts) verification heuristics, as well as various machine learning capabilities, to help prove the legitimacy of tokens.
