GoPlus Labs' recent report unveils how crucial security data is in Web3 world nowadays
has released a report on how security data is becoming essential in managing risks within the Web3 space. This detailed document, named"Uncharted Consensus: The Widespread Use and Potential of User Security Data in Web3," points out the increasing use of GoPlus' own security tools, highlighting their value in protecting digital currencies, NFTs and decentralized apps from online threats.
Usage spikes were also seen in other tools offered by GoPlus, like their NFT Risk API, especially between December 2022 and May 2023. This matches the rise in popularity of NFTs and the need for ways to evaluate risks linked to them. GoPlus' analysis also reveals that there is a lot of variability in the danger levels of certain tokens, with some being marked as"blacklisted" or"honeypots" — terms for tokens with high risks. The report also shows a surge in threats linked to NFTs, including risky actions like burning or minting tokens without permission.
The Web3 world grows, so does the need for thorough security data to help developers and users stay safe online.Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future. Currently, he focuses on news, articles with deep analysis of crypto projects and technical analysis of cryptocurrency trading pairs.
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