Exciting news!
We've acquired Blowfish, the trust and safety platform that offers advanced fraud protection to crypto users.
With this acquisition, the talented Blowfish team will be joining us to supercharge wallet security for new and existing crypto users.
Why Blowfish
Since launch, our mission has been to make crypto safe and easy to use.
Why? Because we believe that it's not enough to be user friendly, you must also prioritize user safety. And to do that, you must identify and stop fraud, prevent scams, and protect users and their assets.
In crypto, arguably no company has done this more than Blowfish. With 2.8 million scams prevented, 1.3 billion transactions scanned, and more than $18 billion worth of assets protected, Blowfish has protected countless users. Ours included.
With this in mind, we knew we needed to bring the team onboard.
"By bringing on Blowfish, we now have the best security team in crypto,” said Brandon Millman, CEO of Phantom. "With their help, we're going to offer the most secure and user-friendly platform to access, and interact with, apps, tokens, and collectibles across all devices.”
Proactive defense for web3 wallets and users
Blowfish is the industry standard for crypto security. With its advanced trust and safety platform, it protects millions of crypto users and billions of dollars worth of assets. Here's how:
Transaction and message signing: Detailed transaction and message previews warn you about potential risks before submitting transactions or completing actions.
Secure app connections: Timely alerts notify you before you engage with malicious sites and apps so you can stay away.
“Being directly embedded within a leading wallet will allow us to improve user security in ways that simply weren’t possible as a standalone company” said Blowfish co-founder and CEO Fabio Berger. “We’re excited to raise the bar once again for user security in the crypto industry so that new users joining the space will not have worry about losing funds to scammers.”
Next steps
Our team at Phantom is thrilled to bring on Blowfish to make crypto safer and easier to use. Its ability to proactively identify scam transactions and block them before funds are lost will be more deeply integrated into our product to enhance the safety of all our users. As part of this transition to Phantom, Blowfish has notified all existing customers that the current service has been sunset. Soon, Phantom users able to enjoy a host of new and improved security features. This will include WYSIWYG simulation previews that can be fully relied upon prior to signing, as well as more information and guidance about transactions on Phantom’s approval screen.
