Coinbase Wallet integrated Blockaid's transaction simulation and validation features five months ago to enhance user protection against fraud.

This integration, part of Coinbase Wallet's ongoing efforts to secure user assets, aims to add extra security layers for Coinbase users.

Blockaid's security tool has successfully prevented over $75 million in potential fund theft and averted nearly 800,000 wallet connections with malicious decentralised apps (DApps).

The technology meticulously scans and analyses 114 million transactions and DApp connections, reflecting Coinbase's commitment to enhancing user security and trust in the crypto space.