Transaction Screening & Threat Oracles:
A New Approach to Exploit Prevention

This blog dives into transaction screening as a promising approach to prevent smart contract exploits, addresses some common criticisms, and providing a first look at a concept the Forta Foundation team is calling “Threat Oracles”, an on-chain blocklist DeFi protocols can leverage to screen for and block malicious activity.

Article by Forta Network Feb. 13, 2024 View post

Transaction Screening & Threat Oracles: A New Approach to Exploit Prevention

This blog dives into transaction screening as a promising approach to prevent smart contract exploits, addresses some common criticisms, and providing a first look at a concept the Forta Foundation team is calling “Threat Oracles”, an on-chain blocklist DeFi protocols can leverage to screen for and block malicious activity. 

Article by Forta Feb. 13, 2024

Why Forta is Proposing RIP-7614

RIP-7614 proposes a new precompile for L2s giving smart contracts more visibility into addresses in the transaction call stack. This additional visibility will enable DeFi protocols to perform robust transaction screening, and most importantly… block exploits. 

Article by Forta Feb. 8, 2024

Sybil Defender: Tackling Identity Challenges via Forta’s Latest Premium API Feed

Sybil attacks represent a persistent and all too often overlooked threat in the crypto ecosystem. To combat this threat, Frwd Labs has recently launched Sybl Defender, the latest Forta Premium API Feed. 

Article by Forta Jan. 18, 2024

How AI based Threat Detection Can Save Web3

In 2022 alone, the staggering loss of $3.8 billion due to crypto hacks highlights the drastic state of security within this space. The situation continued in 2023, with $1.89 billion lost in 297 incidents, equating to an alarming $289,000 vanishing every hour, underlining the critical need for higher security standards. Without a working security system in place to catch the bad guys, how do we expect to onboard the next hundreds of millions of users and institutions who are risk averse?

Article by Forta Dec. 11, 2023

Deleting Token Spam with Forta

Scam token deception may be at an end with the introduction of Forta’s Spam Detector, a novel detection implementation created by Forta community member Artem Kovalchuk. This tool is engineered to address the prevalent issue of spam tokens on EVM blockchains, enhancing security and promoting a safer user environment.

Article by Forta Oct. 24, 2023