Uniswap Labs and Blockaid collaborate to develop new token warning system
Internet reports that Uniswap Labs and web3 security company Blockaid have teamed up to develop a new on-chain detection and response system to protect DEX users from malicious token attacks. If a user interacts with a token marked as potentially malicious, Blockaid's tool will alert users. The tool will be available in Uniswaps web, mobile and self-hosted crypto wallet extensions. It combines static (comparing contract source code to known viruses) and dynamic (using a virtual environment to trigger contracts) verification heuristics as well as various machine learning features to help prove whether a token is legal.
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