AML/CFT regulations guide crypto enterprise operations, but compliance can get tricky.
FailSafe is uniquely adapted to assist this process, particularly with respect to the latest rules by
@MAS_sg
.
Find out how to leverage FailSafe as your trusted partner for compliance 👇
Say hello to the new face of blockchain security 🛡️
FailSafe now features a fresh UI, a powerful Audit AI engine, a fully integrated chatbot, and your personal favourite: Dark Mode!
Don't just admire it—give it a spin now!
Visit to get started.
Introducing Audit AI: comprehensive smart contract health checks in one click 🪄
Smart contract audits are expensive, time-consuming, and easily outdated.
But not anymore.
Here's how you can ship faster without compromising on security.
"Why trust FailSafe?"
It's a question often asked by blockchain enterprises in need of bespoke security solutions.
Here's
@askabhibansal
, Chief Product Officer at
@Haven1official
, with some insights on our recent collaboration.
Join us at
#Token2049
for an exciting discussion with the most influential leaders in APAC's stablecoin landscape.
We'll be hosting this exclusive side-event alongside
@StraitsX
and
@0xPolygon
.
🗓️ September 17
⏰ 7 pm
📍 The Warehouse Hotel
More info on our panelists ⬇️
Do not make mistakes when you deploy contracts! Backrun bots today can automatically hack any easy-to-hack contracts.
Someone just lost 5ETH because of an access control issue - a backrun bot hacked it in less than 12s after deployment.
🚨 GIVEAWAY ALERT 🚨
🔥 Join the
@okxweb3
x FailSafe giveaway and stand a chance to win up to $1000 in USDC!
Protect your wallet and secure your entry now. Don't miss out! 💰🚀
Find out here:
]
#OKXWallet
#FailSafe
#FailSafeGiveaway
So you love Singapore and want to build a licensed crypto business here.
But first, you must ensure that your critical systems are resilient against cyberattacks and abuse.
Here's a quick peek at how FailSafe ensures compliance with tech risk management and AML/CFT regulations.
FailSafe provides enterprises with end-to-end security at every step of their journey.
But what does this mean in practice?
Here's our CEO,
@aneirin_eth
breaking down our modular approach in 50 seconds on the
@blockhead_co
podcast.
Our wallet security tool is LIVE!
Protect your assets for a chance at $1,000 in prizes 💰
1️⃣ Sign up here:
2️⃣ Join our Premint giveaway:
3️⃣ Reply with a screenshot of your dashboard
4️⃣ Like + RT this post
FailSafe is building a VC-backed security solution for wallets.
And we're giving away $100 to lucky beta testers!
1️⃣ Sign up for Failsafe:
2️⃣ Join our Premint giveaway:
3️⃣ Like+RT this post
4⃣ Show protected asset below👇
Hello,
@DegensFactory
! 👋
We heard you've got an amazing community that needs the best security coverage for your upcoming token launch.
FailSafe is committed to protecting great projects like yours.
Welcome to the safe side of web3 🛡️
⚠️ PHISHING ALERT! ⚠️
Telegram channels often use verification bots. Such bots will NEVER ask you to sign in with your phone number.
Any verification bot that looks like the image below is an attempt to hijack your Telegram account and drain your crypto wallets.
We're heading to Zurich! 🇨🇭
Look out for our Head of Growth,
@xjesslynx
at
@pointzeroforum
from July 1-3, 2024.
Let's bring security into the discussion about global risks to emerging technologies.
@FantomFDN
To all
@FantomFDN
users – engage here and we'll make sure you're made whole and protected from future attacks. FailSafe would have prevented your funds from being stolen.
We're excited to announce our strategic partnership with
@Haven1official
.
Together, we're building the world’s safest blockchain network for devs & users.
Here’s how the REKT-Resistant blockchain is integrating FailSafe's defence-in-depth architecture 🧵
What a weekend.
Yesterday, a single wallet lost $6.9 million to an onchain phishing attack.
This brought the total value of crypto lost by signing phishing signatures, over three days, to $7.6 million.
Take proactive steps with FailSafe to defend yourself against crypto theft!
“The pinnacle of protection against cybersecurity threats.”
We’re honoured to be recognised by world-class security teams for our cutting-edge technology and commitment to elevating Web3 security.
Crypto enterprises lost $986 million to hacks last year across 113 unique security incidents.
Which attack vectors were exploited the most?
How complex are these security vulnerabilities?
And how could these losses be prevented from reoccurring in the future?
Let's find out:
In a series of smart contract exploits,
@UwU_Lend
has now lost ~$23 million within three days.
The first exploit took place on June 10, with multiple assets drained for an initial loss of $19 million.
A second incident on June 15 saw an additional $3.7 million stolen.
Crypto theft is a billion-dollar problem, but all the information you need to stay safe is free.
FailSafe is committed to educating the world about blockchain security.
Visit our blog:
Heads up,
@PGodjira
fam!
Join us for a live AMA with the Project Godjira community as we answer all your questions about FailSafe.
📍 PG Discord
🗓 Wednesday, December 21
⏰ 11 AM UTC
PS: There may be a few surprises 🎁
We had a memorable time in Dubai 🇦🇪
@token2049
was a great opportunity to spread the gospel of modular blockchain security, powered by FailSafe.
And you bet we made it count!
"How does 2FA work on my wallet?"
It's FailSafe's way of giving you full custody over your crypto assets, even while intercepting crypto theft.
Learn how it works in our latest how-to guide!
We're thrilled to announce the successful conclusion of FailSafe's proof-of-concept on
@0xPolygon
💜
Prior to our global launch, FailSafe was tested diligently and achieved a staggering success rate of 98.7%.
Read more... ↓
$74 MILLION LOST TO CRYPTO THEFT!
May 2024 was riddled with multiple security incidents that resulted in losses to crypto users and enterprises.
From rug pulls and smart contract exploits, to address poisoning attacks, here are the highlights from last month in Web3 security:
This one's for all our threadooors 👀
We're hosting a thread contest to kick off a truly special Christmas season! ☃️
Five winners. One prize. Infinite protection.
Let the games begin 🥁🥁🥁🥁🥁🥁
"How can I recover my crypto and NFTs? 😱"
This is the
#1
question from victims of wallet drainers and hacks. And, of course, FailSafe has an answer!
Learn how the recovery vault makes it possible 👇
Bad news: Scammers won't give up on Web3.
Good news: Neither will we.
Even better news: We've got a growing army of cybersecurity researchers working 'round the clock to keep this space safe.
@gitcoin
's
#GG19
presented a cool opportunity to show some love to our unsung heroes.
FailSafe is officially certified by
@zokyo_io
, a premier Web3 security audit firm with a record of over 300 audits safeguarding in excess of $200 billion in digital assets.
"I'm happy to report that our meticulous analysis of FailSafe's systems, both in cloud infrastructure and
Set those reminders! ⏰
We're rolling out a cool new upgrade to FailSafe's wallet firewall.
Join our live chat with FailSafe CTO, Dr. Ari Medvinsky, as we unveil this brand new feature. (Link below ⤵️)
2023 was the year of the wallet-drainer.
Enterprises in Web3 lost a whopping $1.95 billion. Individual users suffered losses totaling $295 million.
Let’s examine some key trends and statistics that depicted the state of Web3 security last year.
KEY TRENDS
→ Phishing scams
So your wallet got hacked...
But lucky for you, FailSafe protected your assets from being stolen. What next?
Your crypto and NFTs are now sitting in a fresh wallet that's been made for this exact situation.
We call this wallet a "Recovery Vault."
"How does it work, though?"
🚨 IMPORTANT SECURITY ALERT 🚨
@Ledger
's ConnectKit library has been compromised and replaced with a wallet drainer.
@RevokeCash
was also affected by this cyberattack.
You can revoke open approvals and protect your assets with FailSafe as we do not integrate ConnectKit.
We're sailing in to Dubai 🇦🇪
If you're attending
@token2049
, keep an eye out for FailSafe. We'll be represented by our CEO,
@aneirin_eth
.
See you soon, habibi!
We took the stage at this year's AWS Summit!
Our CEO,
@aneirin_eth
proudly showcased the future of modular blockchain security.
It's an exciting time to be building towards the safety of the global crypto industry 🛡️🌎
Ready to protect your crypto?
FailSafe Interceptor is the most advanced way to secure your assets in worst-case scenarios.
Activate protection, thwart cyberattacks, and recover assets—all from one simple dashboard.
Try it now:
Introducing: "Smart Mode" 🤖
We've teamed up with
@FortaNetwork
to develop a new security feature.
With real-time threat detection, FailSafe's automated threat response is now more intelligent than ever!
How does it work? 🧵
Security vulnerabilities are a bug, not a feature of Web3 ecosystems.
From the days of the Mt. Gox hack up until now, crypto theft via protocol-level hacks has become common.
It's almost normal to lose millions of dollars in a single security incident.
This is NOT the future.
🚀 We were thrilled to have announced FailSafe's sponsorship at ETH Singapore! Today, our General Manager, Aneirin Flynn, and Group CTO, Dr. Ari Medvinsky, dived into the world of web3 security. Thank you to all who joined us for the insightful discussions!
#ETHSingapore
We're thrilled to announce that
@protectmywallet
is live on
@BNBCHAIN
!
FailSafe is the wallet firewall that proactively guards BNB Chain assets against cyberattacks – by monitoring pending transactions globally and rapidly intercepting malicious and unauthorised transactions.
OK, so you have some burning questions about FailSafe.
Like how much gas gets burned so that you don't get burned by scammers.
Here are all your FAQs, answered 🤝
Every day, more people learn about FailSafe.
The more interested folks get in wallet security, the more questions we get!
So we've answered the most frequently asked ones 👇
One of FailSafe's missions is to ensure that your NFTs never fall into the wrong hands.
We're proud to partner with powerhouses like
@arcthecommunity
to further our goal of providing stellar protection for NFT holders.
Your community could be next! 🫵
We're excited to unveil the latest perk for Stellars from FailSafe!
FailSafe (
@protectmywallet
) provides top-notch wallet security, delivering comprehensive protection against Web3 theft and smart contract breaches. 🛡
Starting now, every ARC Stellar — both existing and new —
$580.2 million.
That's more than twice the
@USAGov
official budget for strengthening enterprise cybersecurity.
Or a rough estimate of what crypto thieves stole from DeFi enterprises in 6 months.
FailSafe prevents this. For $0.
#StaySafeWithFailSafe
🛡🤺
PSA:
@Galxe
has been hacked. Wallets connected to the platform are exposed. Please revoke via
@protectmywallet
.
Stay protected in critical scenarios. Attain total peace of mind with FailSafe.
The competition is heating up!
@horde_ai
Who will rule the leaderboard and take home the exclusive prizes at the end of our
@zealy_io
sprint?
FailSafe is proud to partner with NFT communities that prioritize the safety of their holders.
Welcome to the safe side of Web3 🤝
You've got questions, and we've got answers 🤝
Join our AMA session with
@Haven1official
as we dive deep into how we're building the REKT-Resistant blockchain.
Hit us with your best questions and stand a chance to win $100 USDT on our
#giveaway
!
Set a reminder below ⬇️
We launched "Smart Mode" for advanced threat detection last week.
Got any questions about how it works?
Join the AMA tomorrow with our guest speakers:
🛡️
@YouMakinMeCrzy
🛡️
@cryptoShields
🛡️
@w3bsecops
And of course,
@FortaNetwork
🤝
Reminders on! ⏰
Is your favorite dApp resistant to crypto theft?
It's not enough to just build cool stuff on the blockchain anymore. Users need to be more assured of their safety than ever.
Security is a core part of the Web3 user journey.
So why not bake it into your interface already, anon?
Our team spent the past year heads down, building what has finally become FailSafe.
From our PoC with
@0xPolygon
to actively battle-testing FailSafe out in the wild against drainers, we reached many notable milestones in 2023.
Here is a quick look at what we've been up to:
So your wallet got drained. What next?
Follow this simple three-step checklist to ensure that it never happens again—to you, or to anyone else.
→ Find the leak
→ Secure your wallet
→ Report the incident
Let's examine each one of these steps in detail 🧵
Touched down in Thailand for
@money2020
! 🇹🇭
We're excited to engage in impactful conversations about securing the new frontier of digital currencies.
Come say hello if you spot us 👋
You finally landed a job interview! 🎉
But hold on... what if it's not real?
A lot of Web3 job opportunities are opening up as attention flows back into the industry.
As a crypto native, you're on the radar of many hiring companies.
But you're also on the radar of scammers.
🚨 SECURITY ALERT 🚨
@samudaixyz
has lost $1.2M worth of ETH after the founder's and multisig wallets were drained.
A 10% bounty has been offered for the return of the stolen funds.
Reminder: FailSafe eliminates the risk of crypto theft from enterprise wallets.
Heads up, builders!
FailSafe will be present at
@WOWsummitWorld
to connect with blockchain industry stakeholders.
Let's put security back on the map 🗺️
"Can FailSafe adapt to my wallet's trading habits?"
Yes, that's exactly what "Smart Mode" does!
Here's our CEO,
@aneirin_eth
explaining how
@FortaNetwork
helps us to make this possible.
🚨 SECURITY ALERT 🚨
Scammers are conducting a large-scale phishing attack using a spoofed custom Discord invite link for
@pudgypenguins
.
This fake server is linked to a wallet drainer. DO NOT CLICK!
Christmas is the season of giving 🎁
That's why we're excited to announce the winner of our
@PGodjira
Gen 2 giveaway -
@KellyMarcelineS
We will reach out with details on how to claim the prize.
Happy holidays! 🎄⛄️
You'll never pay to protect your crypto again!
Users and developers can now enable world-class asset protection without paying gas fees upfront.
That's why we named this feature 'Easy Protect.'
Learn how it works in our latest blog 👇
🚨 SECURITY ALERT 🚨
@NftTrader
has been hacked.
37 BAYC and 13 MAYC have been stolen.
The exploiter left an on-chain message demanding a ransom of 3 Ξ per BAYC and 0.6 Ξ per MAYC.
Revoke approvals to the compromised contract on your FailSafe dashboard!
What's a week in Web3 without a bunch of security news to knock your socks off?
There's lots to unpack this time around. Let's dive in!
→
@stoic_dao
was hacked for $1.2 million.
The zetastaking.eth address was drained, leading the team to officially shut down the project.
We had the pleasure of having an incredible chat with
@Intell_On_Chain
yesterday 🙌
Answered a lot of great questions, shared a bunch of alpha on upcoming developments, but this was probably our favorite moment:
Here's
@cryptoShields
spitting facts about FailSafe!
Welcome to 2024.
Thank you to everyone who was a part of FailSafe's journey last year. We're super excited for what's coming, but for now...
Happy New Year! 🎆🎊
We're still COOKING! 🔥
@BNBCHAIN
integration, more bullish announcements, a $7.5K giveaway... And November just got started.
Let's unpack it together.
Notifs on 👇⏰
Unveiling our revamped litepaper! 📃
FailSafe's modular approach to wallet security is changing how crypto enterprises defend against hacks.
Learn how each module works. 📷🛡
$74 MILLION LOST TO CRYPTO THEFT!
May 2024 was riddled with multiple security incidents that resulted in losses to crypto users and enterprises.
From rug pulls and smart contract exploits, to address poisoning attacks, here are the highlights from last month in Web3 security:
Allow us to reintroduce ourselves ✨
We're FailSafe, a team with a dream to make web3 a safer space for everyone. In February last year, our dream began to take shape.
To create the best security response to crypto theft, we built multiple layers, perfect for newbies or whales.
🚨 SCAM ALERT 🚨
A widespread email phishing campaign is actively targeting
@BlockFi
users.
→ NEVER click on links in emails.
→ Double-check the sender's address.
→ Use
@protectmywallet
for extra security.
Stay vigilant. We've got your back 24/7 💚
$90 million down the drain...
Crypto theft in the last two weeks has seen an increase of almost 10x since the previous time period.
Million-dollar smart contracts often fall short of security standards, leading to cyberattacks.
Let's take stock of the latest security