In Q1 2025 alone, crypto scams nabbed over $472M – outpacing last year’s $336, with most succeeding because unsuspecting victims click ‘sign’ without realizing what they’ve agreed to.
It’s easy to fall prey, as many phishing scams have fooled even the most seasoned traders, but that’s no consolation when one misguided signature can drain your entire account.
D’CENT Wallet is tackling this head-on with its new Blockaid-powered threat detection, a real-time security layer that scans every transaction before you approve it. If something looks suspicious, it stops you in your tracks.
It’s the same level of defense trusted by Coinbase and MetaMask, now built directly into D’CENT’s mobile-first hardware wallet.
The Scam Problem in Web3
In Web3, scams don’t just target beginners; they’re convincing enough to trick anyone. Address poisoning swaps a single character in a wallet address, malicious tokens hide code that drains funds, and shady dApps lure users into blind approvals.
Imagine copying an address from a Telegram group, pasting it into your wallet, and unknowingly sending funds straight to a phishing contract.
The scale is staggering. The FBI’s 2024 Internet Crime Report logged over $5.8B in crypto investment fraud losses.
With scammers only upping their game, security has to be proactive, stopping threats before you click ‘sign.’
How D’CENT’s Real-Time Threat Detection Works
D’CENT’s new security layer, powered by Blockaid, actively scans every transaction before you sign. This helps you detect and dodge threats before they cost you a single token.
It starts with malicious token detection, flagging tokens that hide exploitative contract logic designed to drain your wallet.
Then, it runs transaction simulations, previewing what will actually happen if you approve – so if a swap suddenly includes an unexpected token transfer, you’ll know before it’s too late.
Finally, a risky dApp scanner checks smart contracts against a global database of flagged apps and suspicious behaviors, alerting you if something doesn’t look right.
Unlike browser extensions or add-on tools, this system runs natively inside the D’CENT app with zero setup required.
Coinbase, OKX, and MetaMask already use Blockaid for their platforms, but D’CENT is the first hardware wallet to bring this institutional-grade security to a mobile-first experience.
D’CENT supports more than 85 blockchains and over 4.6K assets, giving you full control of everything from Bitcoin and Ethereum to Solana and emerging tokens, all in one app. Its built-in dApp integration makes swapping, staking, and interacting with DeFi simple and seamless.
Why This Changes Wallet Security
“Security should not rely on users knowing how to read smart contracts or recognize red flags,” said Sang Su Baek, CEO of IoTrust (creators of D’CENT). “Your wallet should do more than store your assets. It should actively protect you by flagging threats before you sign anything.”
This marks a shift from passive storage to active defense. Instead of simply holding assets offline, D’CENT acts like a security guard for every transaction, catching threats in real time.
Most importantly, D’CENT makes this protection effortless – even if you’ve never read a line of Solidity, the wallet handles the hard part for you, giving everyday users the same security edge as the pros.
If more crypto wallets follow this model, phishing scams and malicious approvals could become far less profitable across Web3.
D’CENT Wallet: Active Defense, Not Just Storage
D’CENT Wallet combines biometric authentication with secure hardware to deliver a streamlined, mobile-first experience.
Now, with real-time threat detection powered by Blockaid, D’CENT is one of the most secure crypto wallets on the market, offering institutional-grade protection without sacrificing ease of use.
If you’re ready to move beyond basic storage, D’CENT offers a safer, easier way to interact with Web3, all right from your wallet device.
As always, please do your own research (DYOR). This is not financial advice. No security feature replaces good wallet hygiene. But with D’CENT, you’re no longer signing blind; you’re signing smarter.
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