Have you ever considered that merely adding a new token to your wallet could expose you to potential scams? According to web3 security platform, Blockaid, 10.7% of newly added tokens are malicious and 34% are spam.
As blockchain technology and cryptocurrencies continue to evolve rapidly, the security of crypto assets has become a top priority for users. CoolWallet, with its cutting-edge technology and innovative features, has established itself as a leader in cryptocurrency security management. So far in 2024 (Aug.), CoolWallet has helped users avoid potential losses of over $19 million, providing a robust security shield for its users.
Smart Scan: Your Crypto’s Security Guardian
At the heart of CoolWallet is its powerful Smart Scan feature. This tool performs real-time scans and analysis of every transaction with decentralized apps (DApps), delivering timely and accurate security alerts to users. As of August 2024, CoolWallet’s Smart Scan has issued more than 20,000 warnings for high-risk or phishing DApps, effectively shielding users from scams and malicious attacks.
Filtering Malicious Tokens: Comprehensive Protection Against Worthless Assets
Beyond Smart Scan, CoolWallet utilizes advanced algorithms and a powerful database to prevent users from adding fake tokens to their wallets. When users add custom tokens, 13.71% of these newly added tokens are found to be malicious or fraudulent assets. These malicious tokens often disguise themselves as regular cryptocurrencies during transactions, attempting to exchange worthless assets for the user’s valuable ones. CoolWallet’s security technology can quickly identify these malicious tokens and automatically alert users, ensuring that their assets remain protected from harm.
Preventing Potential Losses
CoolWallet’s security features are not just technological advancements—they’re also a crucial source of trust for its users. In just the first eight months of 2024, CoolWallet has helped users avoid potential losses of over $19 million, demonstrating its effectiveness in protecting tens of thousands of users’ assets.
Conclusion
In today’s world, where the risks to cryptocurrency security are constantly growing, choosing CoolWallet means choosing peace of mind. Whether you’re new to crypto or a seasoned investor, CoolWallet provides the comprehensive protection you need. Looking ahead, CoolWallet remains committed to advancing its security technologies, ensuring the safest possible management of crypto assets for users around the globe.
Choose CoolWallet today and let us protect your crypto assets!
