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ETH $1,881.87 -0.22%
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TRX $0.3322 -0.60%
DOGE $0.0699 -0.32%
ADA $0.1799 -1.49%
BCH $205.80 -0.37%
LINK $9.17 +3.48%
HYPE $56.33 -1.92%
AAVE $86.34 -2.34%
SUI $0.6820 -0.89%
XLM $0.1580 -1.00%
ZEC $491.92 +0.18%

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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