Consensys integrates Wallet Guard to boost MetaMask’s security, aiming to drive user fund losses to zero amid rising Web3 threats.
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.
This past week in DeFi saw Web3 users reach a new all-time high of 10 million in the second quarter, and Consensys has integrated Wallet Guard to boost MetaMask’s security. The integration will involve the Wallet Guard team joining the MetaMask Product Safety Team to ensure a smooth transition.
According to a July 4 report from blockchain analytics platform DappRadar, the number of users using Web3 applications reached a record high in the second quarter. The number of daily unique active wallets (dUAW) was approximately 10 million over the course of the quarter, a 40% increase from the first quarter and the highest number ever reached.
