Web 3.0 Antivirus, a step in the right direction to educate the community
Despite the massive growth that the crypto industry has experienced over the past few years, it took a significant blow in 2022. To no one’s surprise, hackers and scammers took advantage of the situation, exploiting many investors’ wallets.
Hackers operate in various ways, yet there is one in particular that has been very constant. Scammers have taken numerous NFTs from other people’s wallets through over 500 phishing websites. Also, after the collapse of FTX, robocallers became the go-to for scammers to steal from the company’s customers.
Even now that the crypto industry has significantly grown, there are many uneducated users who do not understand how the space works, and dismiss it as a shady world. The lack of education among investors and crypto holders alike is what drives scammers to do what they do. These people are an easy target for hacking, their assets can easily be stolen from their wallets.
The crypto community is working tirelessly to find ways to prevent scams and create protective measures. Web 3.0 Antivirus is one of the companies working to guard and take care of Web 3.0 users from hackers, by providing them with the necessary information and educating them on their transactions and wallet interactions in order to prevent phishing scams.
Phishing scams are often followed by connecting a crypto wallet or signing off permissions to a platform, which is when the majority of scams occur. To avoid this , Web 3.0 Antivirus features a simulation of each transaction before the user approves it.
To provide a better explanation, Web 3.0 Antivirus allows users to get detailed information about permission requests and understand what they are granting access to. Also, they get notifications explaining what they are getting versus what they are giving away in each specific transaction. The company is trying to educate users by giving them all the necessary tools to perform a transaction without the fear of being scammed.
As the crypto community keeps getting bigger and bigger, scammers will continue to find ways to exploit other people’s crypto accounts. This is why tools like Web 3.0 Antivirus might become the key to guarding and safely storing crypto assets, and to making transactions more secure.
Source: cointelegraph.com
analyst opinion
Marcus Jr.
Hackers operate in various ways, yet there is one in particular that has been very constant. Scammers have taken numerous NFTs from other people’s wallets through over 500 phishing websites. Also, after the collapse of FTX, robocallers became the go-to for scammers to steal from the company’s customers.
Even now that the crypto industry has significantly grown, there are many uneducated users who do not understand how the space works, and dismiss it as a shady world. The lack of education among investors and crypto holders alike is what drives scammers to do what they do. These people are an easy target for hacking, their assets can easily be stolen from their wallets.
The crypto community is working tirelessly to find ways to prevent scams and create protective measures. Web 3.0 Antivirus is one of the companies working to guard and take care of Web 3.0 users from hackers, by providing them with the necessary information and educating them on their transactions and wallet interactions in order to prevent phishing scams.
Phishing scams are often followed by connecting a crypto wallet or signing off permissions to a platform, which is when the majority of scams occur. To avoid this , Web 3.0 Antivirus features a simulation of each transaction before the user approves it.
To provide a better explanation, Web 3.0 Antivirus allows users to get detailed information about permission requests and understand what they are granting access to. Also, they get notifications explaining what they are getting versus what they are giving away in each specific transaction. The company is trying to educate users by giving them all the necessary tools to perform a transaction without the fear of being scammed.
As the crypto community keeps getting bigger and bigger, scammers will continue to find ways to exploit other people’s crypto accounts. This is why tools like Web 3.0 Antivirus might become the key to guarding and safely storing crypto assets, and to making transactions more secure.
Source: cointelegraph.com