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Consensys acquires Wallet Guard to enhance MetaMask security

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$WALLET
TechFlow
404Words
Jul 3, 2024

Consensys announced the acquisition of $Wallet Guard, aiming to enhance the security performance of MetaMask by integrating its browser extension and security engine functions into MetaMask. $Wallet Guard is a popular browser extension that can real-time identify scams and $wallet theft activities. In this transaction, the $Wallet Guard team will join Consensys as a whole. Additionally, earlier this year, Consensys integrated Blockaid security alerts into MetaMask to prevent crypto assets from being stolen. According to Chainalysis's report, the value of crypto assets stolen through scams in 2023 exceeded 1.70 billion US dollars.

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