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Coinbase Wallet has integrated Blockaid security tool

Coinbase Wallet, a self-service wallet operated by the owner of the cryptocurrency exchange Coinbase, integrated Blockaid security tools by the end of 2023, but only recently disclosed this news. The two companies stated that, with the integrated Blockaid technology, Coinbase has successfully prevented over $75 million in funds from being stolen. According to the announcement, the security tool blocked nearly 800,000 wallet connections to malicious decentralized applications (DApps) by scanning and analyzing 114 million transactions and DApp connections.

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