On February 18th, according to Bloomberg, crypto security platform Blockaid recently completed a $50 million Series B financing, led by Ribbit Capital, with participation from GV (formerly Google Ventures) and existing investors Variant and Cyberstarts. The financing will help Blockaid deal with the growing risk of cybercrime in the digital asset sector. In 2024, Blockaid successfully blocked 71 million potential attacks and avoided a loss of $5.30 billion. The company expects to increase user g...
On November 20th, the well-known crypto security platform Blowfish announced that it has been acquired by self-hosted wallet Phantom. The move aims to integrate Blowfish's advanced security technology to further enhance the security features of Phantom wallet. The Blowfish team will join Phantom to jointly develop stronger security features including transaction simulation previews and real-time fraud alerts. As the integration progresses, Blowfish's existing services will be gradually shut down...