Web3 Scam Protection Startup, Delenium, Finds 400% More Phishing Websites than Industry Leaders
Tel Aviv, Israel, Aug 22, 2022 - (ACN Newswire via SEAPRWire.com) - 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. 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 traction. With large amounts of money being stored and flowing into cryptocurrency wallets, scammers issue false transactions and phishing websites that can set users back anywhere from hundreds, tho...
