ARTICLE

Ensure your assets on the Blockchain - The Best Security Tools in Web3

evolvemates

8 months ago

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The Web3, with its promise of a decentralized and secure internet, has attracted millions of users. However, as in any digital ecosystem, security remains a primary concern. Cyber attacks and scams are becoming increasingly sophisticated, so protecting your assets on the blockchain is essential.


Why is security so important in Web3?


Web3 handles highly valuable digital assets, from cryptocurrencies to NFTs. Unlike traditional banks, there is no centralized insurance to protect your funds in case of loss. For this reason, the responsibility of keeping your assets safe primarily falls on you.



Main security challenges in Web3


The main security challenges in Web3 include the lack of regulation, the speed of technological innovation, and the direct responsibility of users to protect their own assets. Some of the most common threats are:

  • Unaudited smart contracts: Many decentralized applications do not subject their smart contracts to thorough audits, leaving gaps for attacks.
  • Phishing attacks: Scammers are becoming more sophisticated, creating fake websites and profiles that mimic legitimate platforms.
  • Interoperability risks: As more blockchains interact with each other, new opportunities for attacks open up if bridges between networks are not handled correctly.

Fortunately, there are specialized tools that will help you navigate safely in the world of Web3. Here are the best options currently available.



Essential Tools


1. Web3 Guard

Web3 Guard is a feature integrated into the Opera browser, designed

specifically designed to protect users interacting with DApps. Its main goal is to identify and block malicious applications, as well as prevent phishing attacks. Among its features are:

  • Real-time risk assessment when interacting with DApps.
  • Alerts about known vulnerabilities.
  • Verification of malicious addresses.

Option to enable HTTPS on all websites, adding an extra layer of security. It is an excellent option for those who use Opera as their main browser and are looking for an additional layer of automatic protection.



2. Web3 Antivirus

This extension, compatible with popular browsers like Chrome and Firefox, offers automatic audits of smart contracts before you interact with them. Web3 Antivirus is responsible for analyzing possible risks and alerting about critical vulnerabilities. Among its advantages are:

  • Identification of potential threats before signing a transaction.
  • Detailed analysis of smart contracts.
  • Compatible with multiple blockchains.

It is an indispensable tool for those who frequently interact with smart contracts and want to prevent unpleasant surprises.



3. SafeSoul

SafeSoul is a free extension that uses community intelligence to identify fraud on popular platforms like Twitter and Google. It allows users to report and share threats in real time. Its main functions include:

  • Identification of fraudulent accounts on social networks.
  • Community reporting system to share fraud alerts.
  • Constant monitoring of websites and accounts

suspicious.

This tool is ideal for those who often interact on social networks and want to protect themselves from scammers looking to steal their assets.



4. Immunefi

Immunefi is a platform that offers rewards to ethical hackers (white-hat) for reporting vulnerabilities in Web3 projects. By incentivizing early detection of flaws, Immunefi helps strengthen the security of the entire ecosystem. Some of its key features include:

  • Monetary rewards for vulnerability detection.
  • Collaboration with developers to improve the security of their projects.
  • Covers a wide range of applications and networks in Web3.
  • If you are a developer or project owner in Web3, Immunefi can help you identify and fix vulnerabilities before they are exploited.


5. Harpie


Harpie acts as an on-chain firewall that monitors transactions in real time to protect Web3 wallets from malicious activities. This firewall stops suspicious transactions before they are executed, preventing theft. Its key features include:

  • Real-time monitoring of all wallet transactions.
  • Disruption of unauthorized transactions.
  • Continuous protection against malicious activities on the blockchain.

For users handling large amounts of assets, Harpie is an essential tool to prevent potential attacks.



6. Forta


Forta is a detection network designed to monitor activity on blockchains like Ethereum and Polygon. It provides real-time alerts about potential threats and anomalies on the network. Its main features include:

  • Monitoring

continues with transactions and smart contracts.

  • Real-time alerts about suspicious activity.
  • Compatible with multiple blockchains.

Forta is ideal for developers and projects that need constant monitoring and early detection of issues in their networks.



Recommendations


Smart contract audits: Make sure the contracts you invest in have been audited by experts. Multifactor authentication (MFA): Add an extra layer of security to your accounts by using multifactor authentication (MFA). Continuous education: Stay informed about the latest threats and best security practices, in OLA GG you have access to a welcoming community that will keep you informed about the latest and most important in Web3. Download only from trusted sources: Avoid installing applications from unknown sources.



In summary


Security in Web3 is a complex issue, but with the right tools and a little knowledge, you can protect your assets. Always remember to be cautious, verify information before making decisions, and use the tools at your disposal to stay safe.

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