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Tel Aviv, Israel, Aug 22, 2022 – (ACN Newswire) – Web3 isn’t safe. In 2021, crypto scammers stole $14 billion dollars (cnb.cx/3K8GFZe) from unsuspecting users. A solution must be found. To create a democratic financial future of the internet, newcomers and advanced users alike need to feel comfortable with their funds. Delenium (https://delenium.io), a Web3 scam protection solution, is at the forefront of this effort. By protecting the way Web3 users interact with decentralized applications, Delenium is revolutionizing the security infrastructure of Web3.
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Like any new and unregulated technology, scammers deploy tactics to unlawfully extract value from users. In blockchain, that value is often tokens from a hot wallet. Hot wallets are cryptocurrency wallets connected to the internet which makes them convenient but high-level targets for scammers . Given their inherent security risks, blockchain-related scams from digital wallets are more common as Web3 applications gain …
Full story available on Benzinga.com
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