Newsletter #40

This week in Forta! True incident response enabled by Forta integration in OpenZeppelin’s Defender 2.0. Solidus Labs launches Premium Feed on Forta. If movie plot threats aren’t real, what should we be watching out for? Balancer hack proves the bad guys are out there, but they are now under watch.

True incident response enabled by Forta integration in OpenZeppelin’s Defender 2.0. Launched last week, OpenZeppelin’s Defender 2.0 boasts a wide range of new features, including a dedicated sandbox panel for incident response workflow planning and baked-in Forta monitoring integration. This launch is a landmark moment for security experts championing incident response as a viable option for hack mitigation. Now, every developer has the tools to add practical and straightforward incident response functionality to their protocol in just a few minutes.

Threat intelligence generated by Forta’s Scam Detector is now ready for your API calls. With the launch of Premium Feeds, Forta’s fully productized Scam Detector is the clear choice for wallets, compliance companies, and infrastructure projects looking to protect their users. With 15+ scam types covered across seven networks and tens of thousands of addresses flagged each month, your choice of threat intelligence should be clear. Check out the Scam Detector and other Premium Feeds in the Forta App.

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Solidus Labs launches Premium Feed on Forta. Exciting news on the Forta Network: Solidus Labs has introduced its Token Sniffer Rug Pull Detector as a Premium Feed! This state-of-the-art solution is designed to detect scam tokens and safeguard your DeFi journey against rug pull risks. Stay ahead of threats in the ever-evolving crypto space - perfect for DEXs, Web3 wallet providers, and all DeFi traders. Discover the Rug Pull Detector in the Forta App and read the official Forta blog for more information on the collaboration.

If movie plot threats aren’t real, what should users be watching out for? Although they make for a good story, the threats heroes face in movies are not likely to impact your life. In Forta's latest blog, the concept is explored in relation to Web3 security and how the community can refocus on the threats that matter. If you are interested in combating this way of thinking and want to focus on the threats hurting real users, consider joining Forta's rewards’ program.

Balancer hack proves the bad guys are out there, but they are now under watch. The Balancer protocol was hacked last week after a vulnerability led to hundreds of thousands of dollars drained from its pools. The attacker exploited the pools using a flashloan vulnerability 38 times on three separate networks. Forta’s coverage just on the Optimism network clearly illustrates the attacker’s methodology and the need for major protocols to seriously invest in incident response.

Forta Around the Web

- Staging Labs and Forta collaborate for security centric spaces event
- CoinTelegraph feature proves Forta and AI go hand-in-hand
- The latest scam picked up by Forta’s Scam Detector

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