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

Introducing the FORT Staking Vault

The FORT Vault, an open-source smart contract developed by Nethermind and funded by the Forta Foundation, is now integrated with a new UI in the Forta App to simplify the staking process within the Forta protocol.

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. 

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. 

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. 

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?

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.