Coinbase Wallet has integrated Blockaid security tool

Coinbase Wallet, a self-service wallet run by the owner of cryptocurrency exchange Coinbase, integrated the Blockaid security tool in late 2023, but only recently disclosed the news. Coinbase has successfully prevented the theft of more than $75 million in funds thanks to integrated Blockaid technology, the companies said. According to the announcement, the security tool blocked nearly 800,000 wallet connections to malicious decentralized applications (DApps) by scanning and analyzing 114 million transactions and DApp connections. (Cointelgraph)