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BTC $63,062.06 +0.06%
ETH $1,882.34 -0.00%
BNB $607.02 -0.52%
XRP $1.00 +0.01%
SOL $75.48 +0.08%
TRX $0.3317 +0.19%
DOGE $0.0699 -0.03%
ADA $0.1768 -0.98%
BCH $204.28 -0.31%
LINK $9.36 -0.84%
HYPE $57.29 +0.96%
AAVE $86.84 +0.02%
SUI $0.6787 -0.51%
XLM $0.1576 -0.51%
ZEC $492.94 +0.71%

Forta, supported by a16z Crypto, launches a firewall to prevent smart contract vulnerabilities

2024-11-19 23:45:21

ChainCatcher news, according to The Block, Forta is a Web3 security company supported by a16z crypto, Coinbase Ventures, and other investors, which has now launched a new product called Firewall to help detect and prevent smart contract vulnerabilities.

It is reported that this firewall uses a machine learning and artificial intelligence model named FORTRESS, which analyzes and detects high-risk transactions by examining transaction logs. The business model of the Forta firewall is to charge a fixed monthly fee, although Beal declined to disclose the specific amount. Initial clients include Euler, Plume, and Balmy.

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