Wallet Security Audit Update:
Addition of MCP Wallet Security Audit Items
Recently, the Model Context Protocol (MCP) has rapidly emerged as a key infrastructure component in the AI ecosystem, thanks to the efforts of organizations like Anthropic and swift adoption by tech giants such as OpenAI, Microsoft, and Google. By standardizing interfaces for seamless integration between AI systems and local tools, databases, and APIs, MCP significantly enhances the execution capabilities of intelligent agents. It has been dubbed the “USB-C of AI” by industry experts. The Web3 space has also begun to explore MCP-related applications. However, the protocol remains in an early, “chaotic” stage, facing multiple security risks and novel attack surfaces. Refer to SlowMist’s recently released MCP attack surface and security checklist for further insights.
SlowMist has conducted in-depth security research on MCP in the context of Web3 wallet management. This research reveals that Web3 MCP wallet applications must address not only key lifecycle security but also the interaction security among MCP, LLMs, clients, and hosts. To assist project teams in performing secure development and audit of MCP wallet applications, SlowMist has compiled a set of MCP Wallet Security Audit Items, offering a project-side perspective. This aims to strengthen the overall security posture of MCP applications and help teams and users mitigate risks even in this early stage.
SlowMist continues to improve its Web3 wallet security audit framework, covering the following areas: Web Wallet Security Audit, Browser Extension Wallet Security Audit, Mobile/Desktop Wallet Security Audit, Hardware Wallet Security Audit, MCP Wallet Security Audit.
Note: If developing a Web3 MCP wallet is necessary, SlowMist strongly recommends a white-box audit to ensure comprehensive coverage.
Web3 MCP wallets are not just one type of application within the MCP ecosystem. In fact, many Web3 project teams are already building proprietary MCP applications tailored to their business needs. The Web3 MCP Wallet Security Audit service offered by SlowMist focuses primarily on safeguarding digital assets. As the MCP application market grows, the interactions between increasingly diverse MCP applications and agents will encounter more complex business scenarios. Through structured security audits, teams can proactively address architectural vulnerabilities, reduce potential security losses, and contribute to a healthier and more resilient MCP ecosystem.
About SlowMist
SlowMist is a blockchain security firm established in January 2018. The firm was started by a team with over ten years of network security experience to become a global force. Our goal is to make the blockchain ecosystem as secure as possible for everyone. We are now a renowned international blockchain security firm that has worked on various well-known projects such as HashKey Exchange, OSL, MEEX, BGE, BTCBOX, Bitget, BHEX.SG, OKX, Binance, HTX, Amber Group, Crypto.com, etc.
SlowMist offers a variety of services that include but are not limited to security audits, threat information, defense deployment, security consultants, and other security-related services. We also offer AML (Anti-money laundering) software, MistEye (Security Monitoring) , SlowMist Hacked (Crypto hack archives), FireWall.x (Smart contract firewall) and other SaaS products. We have partnerships with domestic and international firms such as Akamai, BitDefender, RC², TianJi Partners, IPIP, etc. Our extensive work in cryptocurrency crime investigations has been cited by international organizations and government bodies, including the United Nations Security Council and the United Nations Office on Drugs and Crime.
By delivering a comprehensive security solution customized to individual projects, we can identify risks and prevent them from occurring. Our team was able to find and publish several high-risk blockchain security flaws. By doing so, we could spread awareness and raise the security standards in the blockchain ecosystem.
