The web3 space is rapidly growing, but the security aspect of it still has to go through an evolution in order to meet the expectations of the community. Following the major shock of the FTX crisis and the now notorious hack of the exchange, crypto enthusiasts and investors are looking for ways to secure their assets and protect themselves from malicious actors and scammers.

And while web3 is steadily infiltrating the everyday lives of people globally, there is a lot to be done in terms of security practices in the space. The key components of creating a reliable relationship of trust among the crypto community revolve around fairness, transparency, and open-source operations.

Web3 is a revolutionary new approach to the online space, and many users are still hesitant to fully dive into its capabilities. One of the main reasons for that is the lack of understanding of what Web3 actually is, and how it works.

Unfortunately, the crypto space has seen time and again how centralized entities misappropriate funds and collude, effectively cheating customers out of their assets. Hence, transparency is much needed to create an environment where users feel in the know and are aware of how the platforms they use operate.

What’s more, many crypto users don't always have a clear understanding of what they're signing with their wallets when asked to connect to a dapp or approve a transaction. This, in turn, often leads to users willingly signing access permissions to malicious web3 platforms that then defraud them of their funds.

To help with the possibly daunting task of staying safe in the crypto space, a team of blockchain experts has developed Web3 Antivirus. This browser extension is designed to scan smart contracts and alert users