DeFi platform 1inch is partnering with Web3 security provider Blockaid to beef up its security measures and combat fraud. The collaboration will see the introduction of the 1inch Shield, a system that detects and flags scam tokens. The Shield will be gradually integrated into 1inch products and is designed to be adaptable for any Web3 application. The partnership aims to help the broader DeFi ecosystem by providing access to Blockaid's security solution through an API, setting a new standard for Web3 security.