Crypto Security Firm Ironblocks Builds 'Firewall' for DeFi Protocols

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Crypto Security Firm Ironblocks Builds 'Firewall' for DeFi Protocols
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Danny is CoinDesk's Managing Editor for Data & Tokens. He owns BTC, ETH and SOL.

Blockchain security platform Ironblocks has a new tool for DeFi developers who want to add security to their smart contracts.

Blockchain security platform Ironblocks' new tool is a free service for developers who want to add security to their smart contracts, CEO Or Dadosh told CoinDesk. Called Firewall, it allows them to plug-and-play various security"policies" to monitor transactions on their decentralized finance protocols for suspicious attempts.

"It doesn't stop or pause the application, it just stops the specific transaction that may attack the application, just like in web2 firewalls," Dadosh said.

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