China Telecom and Conflux Network announced a partnership to bring Blockchain SIM cards (BSIM) to market. The entry-level Web3 product will be the largest blockchain hardware product ever seen globally, involving the most users and applications. China Telecom will launch the first BSIM pilot program in Hong Kong later this year. This will likely be...
Security
Web3 Security Firm Hypernative Secures USD 9 million in Seed Funding
Hypernative, a cryptocurrency security startup that specializes in anti-hack protection, today announced that it has raised USD 9 million in seed funding to help Web3 companies prevent losses from cyberattacks. IBI Tech Fund and boldstart ventures led the round with additional investments from Nexo, Blockdaemon, borderless, Alchemy and CMT Digital, among others. According to Hypernative...
Opera Launches Security Tools to Protect Users from Web3 Intruders
The Web3 browser Opera has announced a new set of security tools designed to help users mitigate the general risks associated with malicious attacks in the Web3 ecosystem. Web3 Guard is a set of browser security features that promises to protect users from malicious decentralized applications (DApps), passphrase phishing attacks, and malicious users. The security...
New Web3 Antivirus Could Save Billions on Cryptocurrency Scams and Smart Contracts
As the digital world becomes more advanced, scammers are inventing new and sophisticated ways to trick Web3 users into stealing their assets. Smart contract forgery, phishing websites, airborne scams and spamming are just some of the dangers one has to face while browsing the Web3 space. In 2022, more than $1.6 billion in cryptocurrencies went...