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Verify API is now in the Loopring Smart Wallet

Twitter icon  •  Published 11 months ago on January 10, 2024  •  Hassan Maishera

The Loopring team announced via X (formerly Twitter) on Monday that Verify API is now in the Loopring Smart Wallet.

Verify API is now in the Loopring Smart Wallet

The Loopring team announced via X (formerly Twitter) on Monday that Verify API is now in the Loopring Smart Wallet. Verify API is a security-focused feature that allows the LSW to notify end-users when they may be connecting to a suspicious or malicious domain.

When a user initiates a connection with an application, Verify API enables wallets to present their users with four key states that can help them determine whether the domain they’re about to connect to might be malicious. This ensures a greater level of safety for Loopring wallet users, the team added. 

Loopring aims to build an open protocol for scalable, non-custodial, order book-based exchanges on Ethereum by leveraging zero-knowledge proofs. LRC, Loopring’s native token, is down by 2% today and is trading at $0.2470 at press time.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.