Malware bytes anti malware now comes with a new feature called as Ip Protection which blocks all images that may contain threats and blocks some known infected sites. But i guess its not a good choice as its unable to differentiate what is good and what is bad.
For example: I was on a social community website and while browsing, i suddenly got this message and the page wont load anymore. When i disabled the ip protection and refreshed the page, the page opens fine. However, there is no images or harmful things as such.
IMHO, Ip protection feature is not effective.