Stellar Bolsters Ecosystem-Wide Security With Blockaid

October 17, 2024
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Today, we’re excited to announce that Blockaid’s security technology is coming to the Stellar ecosystem. Security is non-negotiable when transferring value and in the world of smart contracts, and it’s critical to the success of the Stellar network. 

Blockaid—the onchain security platform trusted by other leading projects like Coinbase, Safe, Metamask, and more—will now protect user interfaces like Lobstr and Freighter and provide tools to monitor, detect, understand, and respond to onchain threats.

Recently, we’ve completed phase one of the partnership and are excited to announce several powerful updates.

What’s new?

As Stellar transaction volume grows, so do the potential threats. To protect every transaction, Lobstr and Freighter wallets have been upgraded with more robust security features, including:

Enhanced dApp protection

Better detection of dangerous dApps thanks to Blockaid’s internet-wide dApp scanning that identifies malicious dApps the moment they come online. 

Malicious token protection

As airdropped token scams grow, Lobstr and Freighter now include additional measures for detecting and warning users about the nature of airdrops in their wallets.

Real-time transaction security

Both Lobstr and Freighter now run security checks on every transaction to determine onchain outcomes and whether transactions are dangerous or safe.

There’s nothing you need to configure or change—these enhanced features are built right into both wallets and execute automatically with every transaction. 

Proven protection with Blockaid

Blockaid is the web3 security platform trusted by Coinbase, Safe, Metamask, Core, and more to monitor and secure every onchain interaction. To date, Blockaid has scanned over 4.5 billion transactions, prevented more than 100 million attacks, and defended against potential losses exceeding $4 billion.

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