Uniswap Labs and Blockaid Collaborate on New Token Early Warning System
Odaily reports that Uniswap Labs and web3 security company Blockaid have collaborated 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 the Uniswap web, mobile, and self-hosted crypto wallet extensions. 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.