TL;DR 

We at Blockaid have teamed up to enhance Web3 security by integrating Blockaid's advanced security alerts into the 1inch ecosystem. This partnership aims to combat fraud and cyber threats, providing real-time warnings to users and enhancing the safety of digital assets integrating our transaction simulation and validation tool. Future collaborations are also planned to expand these security measures.

The Integration

In the dynamic world of DeFi, security is not just a feature—it's a necessity. That's why we're excited to announce our new partnership with 1inch, a leader in DeFi and web3, whose commitment to security mirrors our own.

By joining forces, Blockaid and 1inch are bringing together top-tier security measures and innovative technology to redefine safety and efficiency in decentralized finance. Together, we aim to enhance user protection against fraud and cyber threats in the Web3 space. 

Re-Inventing Security Solutions

This integration will see Blockaid provide real-time warnings about potential security risks, making digital transactions on the 1inch ecosystem safer and more trustworthy. When a transaction or a dApp is identified as malicious during the validation process, users will receive a warning on their confirmation screen, adding an extra layer of security to their transactions. By integrating these features into the 1inch ecosystem, users across major networks like Ethereum, Base, BNB Chain, Polygon, Arbitrum, Optimism, Avalanche, and more will receive real-time alerts about potential threats.

Guiding this partnership is our CEO, Ido Ben-Natan, and Sergej Kunz, co-founder of 1inch. Their leadership reflects our shared commitment to pioneering security solutions. With our expertise in Web3 security and 1inch's reputation for innovative DeFi solutions, our collaboration promises to set new standards of trust and safety in the space.

Future Collaborations

In addition to the current integration and partnership with 1inch, we are also partnering on bigger initiatives down the road - including the announcement of the 1inch Shield, a comprehensive security solution that offers enhanced protection against various threats. This project, along with future ones, aim to further strengthen the security framework within the Web3 space, ensuring comprehensive protection for all users.

Stay tuned for upcoming announcements and follow us on X to stay up to date with the latest developments and updates.

More on 1inch

Launched in 2019, 1inch has emerged as a frontrunner in the DeFi landscape, offering secure and efficient tools for navigating Web3 complexities. From its inception at a New York hackathon, 1inch has evolved into a comprehensive platform, offering features like the 1inch Swap DEX aggregator, user-friendly wallets, and the 1inch Portfolio DeFi tracker. With a commitment to user empowerment, 1inch remains dedicated to driving the growth and adoption of DeFi worldwide