PeckShield Launches SaaS Platform KillSwitch Designed to Prevent Attacks on DeFi Protocol

Blockchain security agency PeckShield launched KillSwitch, a SaaS platform designed to protect against attacks on the DeFi protocol. The platform includes a number of background agents that constantly monitor mempool transactions, locate those malicious ones with real-time simulation, and preemptively neutralize the damage with a just-in-time protocol pause or an emergency fund withdrawal. The DeFi protocol team can use KillSwitch to protect the protocol by specifying the triggering condition, signing a contingency transaction, and turning on the protection.