Wallet Guard Secures Web3 Transactions: A Comprehensive Overview

On April 17th, according to official sources, Wallet Guard, a Web3 security agency, completed a pre feed round of financing led by Ethereal Ventures, with Consen Sys and IOSG Ventures participating. In addition, renowned talent investors in the Web3 field such as Ben Chan from Chainlink and Dave Pazdan from Phantom also participated in this round of investment. Wallet Guard aims to ensure that all users can obtain security. Its products with the same name can ensure users to conduct transactions safely through transaction simulation and signature review, and actively detect common forms of phishing to ensure the security of users’ funds.

Web3 security agency Wallet Guard completes pre feed round financing, led by Ethereal Ventures

In the fast-paced world of digital currencies, ensuring the security of transactions is a top priority for all users. Wallet Guard, a Web3 security agency, is committed to providing a comprehensive security solution for all users. Recently, the company completed a successful pre-feed round of financing, led by Ethereal Ventures, with participation from ConsenSys and IOSG Ventures, among others. This investment will enable Wallet Guard to develop its products further, ensuring the safety of all its users.

What is Wallet Guard?

Wallet Guard is a Web3 security agency that offers a secure environment for conducting digital transactions. It aims to overcome the threat of phishing and other fraudulent crypto transactions. Its products offer features like transaction simulation and signature review to ensure safe and secure transactions. The platform actively detects common forms of phishing by checking the legitimacy of external links and blocking them promptly. In doing so, Wallet Guard provides a unique level of security to its clients, giving them the confidence to transact safely and securely.

The Pre-Feed Round of Financing

On April 17th, Wallet Guard completed a successful pre-feed round of financing to raise funds to fuel its growth and development. The round was led by Ethereal Ventures, with participation from ConsenSys and IOSG Ventures; top talent investors, such as Ben Chan from Chainlink and Dave Pazdan from Phantom, also participated.
The pre-feed round of financing will enable Wallet Guard to develop new products and services while refining existing ones. The company aims to expand its market reach and attract more customers to its platform. This investment will ensure that Wallet Guard can continue to deliver secure, reliable, and innovative services to its clients.

Products and Services

Wallet Guard offers several products and services designed to ensure the security of your digital currency transactions. Here are some of them:

Transaction Simulation

The transaction simulation feature allows users to simulate a crypto transaction to check if it is genuine or fake. This feature analyses the transaction, checks the sender and recipient addresses, and runs a test to determine whether the transaction is legitimate or fraudulent.

Signature Review

The signature review feature checks the legitimacy of signatures associated with a transaction. It verifies the signature and checks the transaction’s destination address to ensure it is valid. This feature ensures the accuracy of the transaction and mitigates the risk of fraud.

Phishing Detection

Phishing attacks are common in the crypto industry, which is why Wallet Guard actively detects them. The platform checks external links and blocks them promptly to ensure safe and secure transactions. Wallet Guard also alerts users if there is an attempt to hack their account.

Conclusion

Wallet Guard is taking a significant step forward in its mission to secure Web3 transactions. With the successful pre-feed round of financing, the company can expand its reach and develop innovative solutions that ensure the safety and security of users’ funds. As the crypto industry continues to grow and evolve, Wallet Guard is committed to delivering comprehensive security solutions to all its clients, making it the go-to platform for those looking for a safe and secure place to transact in the digital currency space.

FAQs

Q: Is Wallet Guard available globally?
A: Yes, Wallet Guard is available globally and can be accessed via its official website.
Q: How does Wallet Guard protect against phishing attempts?
A: Wallet Guard’s platform actively detects phishing attempts by checking external links and blocking them promptly.
Q: How can I get started with Wallet Guard’s products?
A: You can get started with Wallet Guard’s products by signing up for an account on its official website.