Ethereum Builder Consensys Buys Wallet Guard to Strengthen MetaMask Security

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Ethereum Builder Consensys Buys Wallet Guard to Strengthen MetaMask Security
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Ian Allison is an award-winning senior reporter at CoinDesk. He holds ETH.

02:04Consensys, the Ethereum-focused software developer and builder of the popular MetaMask wallet, has bought cryptocurrency security firm Wallet Guard, the companies said on Wednesday.

The entire Wallet Guard team will join Consensys within the MetaMask Product Safety Team, according to a press release. The financial terms of the deal were not disclosed.from users through scams alone last year. Wallet Guard, which further improves scam and drainer detection through transaction validation and client-side heuristics, follows last year’s integration of Blockaid security alerts into MetaMask.

“MetaMask is unique among wallets in providing not only strong default security features, but also security-enhancing plugins through our Snaps extensibility platform,” said Patrick Berarducci, MetaMask and Infura lead at Consensys, in a statement.in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.

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