CoolWallet has introduced enhanced transaction confirmation functionality to prevent Bybit-style hacking attacks
1. Bybit has suffered a hacker attack, losing approximately $1.5 billion worth of Ethereum, exposing a multi-signature wallet security vulnerability.
2. CoolWallet has introduced a Transaction Confirmation Simulation feature, allowing users to fully preview on-chain asset changes before signing transactions to enhance transaction security.
3. CoolWallet's transaction confirmation feature includes full asset change preview, anomaly detection, and real-time alerts to prevent malicious attacks.
4. CoolWallet has partnered with Blockaid to launch Smart Scan, an intelligent scanning technology that provides additional security protection, including real-time transaction scanning, transaction risk analysis, and seamless integration with DeFi protocols and Web3 applications.
5. CoolWallet emphasizes the importance of users' own security habits and recommends using hardware wallets, enabling multi-factor authentication (MFA), and regularly updating security tools to enhance security awareness.
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