ChainCatcher news, the encrypted wallet Phantom has acquired the Web3 firewall technology provider Blowfish, with the specific acquisition amount undisclosed. The Blowfish team will introduce new security features for Phantom, including intuitive transaction previews and real-time insights into fraudulent activities.

According to ChainCatcher news and reported by CoinDesk, Web3 firewall technology provider Blowfish has completed a $11.8 million funding round, led by Paradigm, with participation from Dragonfly, Uniswap Capital, Hypersphere, and Ravikant Capital. This round of funding will be used to upgrade its fraud detection engine.Blowfish aims to help Web3 companies defend against cyber attacks and will allow wallet providers and custodians to offer users real-time alerts and human-readable transaction information in the future. Currently, Blowfish supports Solana, Ethereum, and Polygon. (source link)