As web3.0 newbies are constantly faced with temptations and scam risk due to complex blockchain projects such as DeFi and cross-chain bridges which are becoming the most vulnerable targets for hackers. As a result, there is a need to implement a solution that can protect web3.0 for project owners and investors.

Beosin official announcement on the launching of Eagle Eye, a new web3.0 generation of Security Assessment and Monitoring services.

Beosin Eagle Eye has been technically described as a magnifying glass for web3.0 Security due to it's capacity to analyze real-time on-chain and off-chain security information, Eagle Eye provides comprehensive project security status assessment, detect smart contracts vulnerabilities, and identifies risk and abnormal transactions in real-time. Its function is to alart users on potential risk such as large-value transfer, flash loan, privileged operations, rugs pulls, and slippage.

Web3.0 projects uses eagle eye as a tool to track vulnerable activities to prevent hacking, fraud , and rug pull risk's. Eagle Eye, like a magnifying glass, makes it easier to discover the various security risk's associated with web3.0 projects.

SIX INDISCRIMINATE PROTECTION ENHANCEMENT FEATURES.

1. Project Security Browser Feature- beosin describes this feature as a project information sensitive feature that view over 2300 projects using bird's eye view to monitor projects with their market values and supported chain platforms covering ETH, BSC, HECO, and POLYGON. This is so reliable for Users to search and explore the up-to-date security status of every web3.0 projects., it helps them to discover the hottest projects with the highest market cap and to learn the latest security news and alerts, find recently added projects,

and see a complete List of monitored projects.

2. project security posture feature -

The project security posture feature is a web3.0 security "scouting tool." The tool monitors the security of the project's on-chain and off-chain data, together with price, market value, number of users, transaction volume,token holdings liquidity, etc., via the security data modeling and analysis, it also notifies about the project security status

Eagle Eye also assesses each project daily with a security score based on 5- dimensions of on-chain and off-chain data, 1. project's security audit results,

2. risk transactions frequency and severity, 3. decentralization,

4. governance and transparency and

5. market volatility.

For example, the "Decentralization" section shows project whales ( users who hold a large percentage of project assets) and their holdings, an important dimension when assessing project governance.

Users can also see market fluctuation data and basic project information from it's official website, social media etc.

3. Risk Transaction Feature - this provides protection through monitoring and alert service:

The platform analyzes every transaction on the chain in-real and lists risk Transactions with their corresponding risk levels. It can identify threats such as flash loans, large outflows , privileged operations, etc.

Attackers uses this feature to borrow large sums of money, manipulate the asset price, and exploit the flash loan protocol vulnerabilities for their gain.

Other potential threats

changes in management authority and large asset outflows are to given much attention.

large capital outflow can cause the fluctuation in crypto asset price while

changes in management authority may lead to changes in contract management and authorization.

4. Security News Feature - Breaking through the information barrier:

From the security news section, users can easily and quickly learn security related information and real-time security events from mainstream blockchain media such as coindesk and other social media platforms. E.g Twitter.

5. Address Monitoring Feature- Eagle Eye has labeled addresses linking DeFi, cross-chain bridge, NFT, or exchange hacking attacks. Any addresses used by the hackers in those attacks will be added to the Eagle Eye database and monitored in real-time .

Addresses linked to money laundering events will also be automatically added to the system for monitoring.

Eagle Eye has nearly 200 million labeled addresses covering major crypto exchanges worldwide.once triggered by a hacking event, the platform can immediately provides crypto hacking victims with crucial information such as transaction hashes and relevant addresses.

6 .Alert Browser Extension Feature- A sword to malicious websites: In web3:0 world, phishing attacks are rising through Twitter, Discord, website forgery, etc.usually it is achieved through social engineering to make more persuasive and realistic utilizing methods such as spoofing, online chat, baiting and sympathy. To help users avoid phishing attacks beosin has released the Alert Browser extension to identify malicious websites.

CONCLUSION

Eagle Eye, has an overall project security assessment to handle web3.0 blockchain projects which is committed to enhance healthy and secure blockchain ecosystem. Innovators and investors are encouraged to learn and have these security tips in order to be guided about their businesses.

the table shows the newly added projects.