Phantom acquires Web3 firewall Blowfish to enhance wallet security
2024-11-20 12:04:36

On November 20th, Blowfish, a well-known encryption security platform, announced that it has been acquired by self-hosted wallet Phantom. The aim is to integrate Blowfish's advanced security technology and further enhance the security features of the Phantom wallet. The Blowfish team will join Phantom to jointly develop more powerful security features, including transaction simulation previews and real-time fraud alerts. As the integration progresses, Blowfish's existing services will gradually be closed, and Phantom users will enjoy support for higher security standards. Since its establishment, Blowfish has provided services to more than 40 wallet partners, including Phantom, Kraken, MetaMask, Brave, etc., protecting over $18 billion in user assets and successfully preventing 2.8 million fraud cases.