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BCH $220.87 +5.10%
LINK $8.48 +2.62%
HYPE $54.54 -0.28%
AAVE $99.71 +1.57%
SUI $0.7007 +2.53%
XLM $0.1726 +0.47%
ZEC $474.49 +2.56%

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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