Ironblocks launches blockchain-native security solution for Web3 and DeFi protocols
Ironblocks has created a customizable, easy to implement, real-time transaction monitoring system
TEL AVIV, Israel, March 15, 2023 /PRNewswire/ — Iron blocksa blockchain-native cybersecurity firm, today announced the launch of the first phase of its end-to-end security suite, a solution that aims to set a new security standard for Web3 and decentralized finance (DeFi) projects.
The Ironblocks detection platform is a transaction monitoring system that detects suspicious activity in real-time and alerts teams within milliseconds, enabling them to proactively protect the protocol and preserve assets, coming on the heels of a record year for hacking and theft in the blockchain space.
“Web3 and DeFi have the power to fundamentally change how people interact with assets and content, but there has been a significant gap between expected security and what has been available,” said Or Dadosh, CEO and co-founder of Ironblocks. “We believe we have solved this problem, and are happy to be part of a solution that always had to come from the industry itself.”
In addition to announcing the launch, Ironblocks has also partnered with Hats.Financea leading bounty program that matches white hat hackers with projects to help further strengthen the resilience of both launched and emerging platforms.
This strategic alliance will enable both companies to offer more comprehensive and well-rounded security solutions that help projects protect users, data and assets. The ultimate goal is to work together for the good of the blockchain industry.
Just this past month, Ironblocks announced one 7 million dollars seed fundraise, and the firm will soon launch additional features that will make it the ultimate line of defense against cybercriminals and other bad actors.
To learn more about how Ironblocks can help Web3 and DeFi protocols, market makers and cross-chain bridges secure their users, data and assets, visit www.ironblocks.com.
About iron blocks
Ironblocks is a complete, end-to-end security suite for Web3 projects, DeFi protocols, bridges, market makers and other digital assets. Using a smart contract-based solution, Ironblocks automates threat detection and protection so that preventive measures can be taken in milliseconds. Ironblocks is based in Tel Avivwith founders who previously served in the Israel Defense Forces OPSEC Intelligence Unit, and engineers from firms including Bancor, eToro and elsewhere.
Media contact
Ryan Gorman
Head of Communications, Ironblocks
[email protected]
SOURCE Iron blocks
