Blockchain company Blockaid has launched a tool for analyzing Web3 activity and threats
Date: 2024-12-25 Author: Gabriel Deangelo Categories: BLOCKCHAIN
The dashboard, according to the press release, is a tool that uses Blockaid’s platform data to detect and respond to threats on the blockchain. In 2024, it processed billions of transactions, providing users with unique analytical capabilities.
In a year, Blockaid’s system processed 2.41 billion transactions, 780 million connections to decentralized applications, and 220 million tokens. The dashboard shows key trends, including transaction volumes and security risks, and highlights common threats such as fraud and malicious tokens.
One of the main achievements mentioned in the press release is the prevention of 71 million potential attacks in 2024. However, despite this, users have lost $1.4 billion due to crypto scams.
Among the identified threats, new tokens occupy a special place: 59.3% of all tokens launched in 2024 were classified as malicious. About 27% of them turned out to be so-called “rug pull” schemes, where developers disappear after collecting funds.
The State of the Chain will be updated quarterly to provide users with up-to-date information on changes in Web3 activity and associated risks. The dashboard is designed to help organizations and individuals better navigate the rapidly growing Web3 space, minimizing threats and improving their understanding of emerging risks.
