Blowfish

Blowfish is a blockchain network, a security tool built for Web3 users that is used for fraud prevention. According to recent reports, Blowfish has scanned over 234 million transactions and prevented approximately 11400 scams from happening by protecting over $1 billion in assets. 

• Founded: 2022
• Headquarters: San Francisco, Islas Baleares, Spain

Key Features:

• It supports various blockchains like Ethereum, Solana, and Polygon. 
• Acts as a firewall for web3 users that identifies mischievous transactions.
• Offers an easy-to-use API that can be integrated into wallets and custodial services.
• Offers accurate and real-time gas fee estimations that ensure users are not overpaying or underspending on gas during their transactions. 

Blowfish raised a total funding of $11.8M over one round, it was a Seed round raised on September 30, 2022. It is funded by 16 investors among them Jim Posen and Dragonfly the recent ones.

FAQs

1. What types of attacks does Blowfish protect against?

Software supply chain attacks, phishing attacks, wallet-draining transactions, and dApp-level DNS hijacking.

2. What are the main applications of Blowfish in cryptography?

Password hashing, data encryption, file and disk encryption, network security protocols, secure backup solutions, random bit generations, and embedded systems.