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ETH $1,924.59 +0.22%
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TRX $0.3282 -0.13%
DOGE $0.0726 -1.00%
ADA $0.1755 +1.46%
BCH $219.16 -2.55%
LINK $8.60 -0.13%
HYPE $58.91 -2.64%
AAVE $97.55 +2.02%
SUI $0.7655 +0.21%
XLM $0.1886 -2.36%
ZEC $510.25 -4.56%

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

2024-11-19 23:45:21
Collection

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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