This startup provides security infrastructure for blockchain applications, offering tools and services to protect against vulnerabilities and threats. Their solutions help developers and organizations build and maintain secure blockchain-based systems.
Funding
$6.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
MPVCFounders
Product
Problem
Blockchain applications are susceptible to various security threats, including vulnerabilities in smart contracts, exploits during transaction execution, and compliance risks related to illicit activities. Existing security measures often fail to provide comprehensive protection across the entire lifecycle of a blockchain application, from pre-launch code audits to post-launch monitoring and risk prevention.
Solution
BlockSec offers a suite of security solutions designed to protect blockchain applications throughout their lifecycle. The company's services include pre-launch security code auditing for smart contracts and EVM chains, as well as post-launch security monitoring and risk prevention through its Phalcon platform. Phalcon provides real-time threat detection, automated hack blocking, and compliance tools for crypto address screening and transaction monitoring. BlockSec's tools also include transaction explorers and investigation platforms that allow users to visualize fund flows, simulate transactions, and trace illicit activities across multiple chains.
Target Audience
BlockSec targets Web3 developers, DeFi protocols, centralized exchanges, high-net-worth individuals, and Layer 1/Layer 2 chains seeking to secure their blockchain applications, digital assets, and on-chain operations against security threats and compliance risks.
Features
- Security Code Auditing: Comprehensive smart contract and EVM chain audits covering technical, business, and financial aspects.
- Phalcon Security App: Real-time monitoring and automated blocking of hacks, with early detection of threats at the mempool stage.
- Phalcon Compliance App: Crypto address screening and transaction monitoring to detect and mitigate compliance risks, including illicit activities and suspicious behaviors.
- Phalcon Explorer: Transaction analysis tool for visualizing fund flows, balance changes, and function invocations, with debugging and simulation capabilities.
- MetaSleuth: Crypto tracking and investigation platform for tracing cross-chain fund movements and uncovering hacker identities.
- MetaSuites: Browser extension that enhances blockchain explorers with tools for fund flow analysis, address labeling, risk awareness, and development acceleration.
- Safe{Wallet} Monitor: Monitors, analyzes, and simulates risks associated with Safe{Wallet} transactions to prevent unauthorized access and malicious attacks.
- STOP (Sequencer Threat Overwatch Program): Protects Layer 2 chains by stopping hacks at the sequencer level.