🛡️ Crypto Drainers Evolve

**Forta Firewall** has enhanced its capabilities to detect and prevent sophisticated on-chain scams before they execute. The updated system now identifies: - **Drainer kits** that steal wallet contents - **Privilege-based rug pulls** exploiting admin functions - **Impersonation tokens** mimicking legitimate projects The firewall operates in real-time, **blocking malicious transactions** during execution rather than after damage occurs. This proactive approach represents a significant advancement in blockchain security, moving from reactive alerts to **preventive protection**. [Learn more about Firewall's detection methods](http://www.forta.org/blog/how-firewall-detects-and-blocks-on-chain-scams)

**Institutional crypto adoption is accelerating rapidly** as traditional finance gains access to native digital assets and blockchain-based risk exposure. - Major institutions are moving beyond cautious exploration into active participation - **Onchain security and compliance have shifted from optional to mandatory** - The transition follows a "gradually, then suddenly" pattern typical of institutional adoption This marks a significant evolution from previous market cycles plagued by scandals and regulatory uncertainty. **Real-time monitoring and threat detection** are now essential infrastructure as institutions demand enterprise-grade security standards. The shift represents a maturation of the crypto ecosystem, with institutional-grade compliance becoming the baseline expectation rather than a competitive advantage.

**Forta Firewall successfully flagged a major exploit** targeting MIM Spell protocol that drained $1.8 million. **The Attack Details:** - Exploited a critical flaw in the cook() function - Allowed attacker to borrow funds without providing collateral - Resulted in ~$1.8M MIM tokens being drained **Real-Time Detection:** Forta's monitoring system detected the exploit as it happened, demonstrating the potential for **preventing such attacks** if proper automated response systems were in place. This incident highlights both the ongoing security challenges in DeFi protocols and the **growing importance of real-time monitoring solutions** for protecting user funds.

**Forta Firewall** has partnered with **Plume Network**, a leading real-world asset (RWA) tokenization platform. **Key Partnership Details:** - Plume operates 180+ protocols with $3B+ in available assets - Partnership focuses on enhancing security and compliance for RWA projects - Forta provides real-time blockchain monitoring infrastructure **Why This Matters:** As RWA tokenization grows, robust security infrastructure becomes critical. Forta's decentralized detection network helps identify threats and outlier transactions in real-time. The collaboration positions both platforms to better serve the expanding RWA sector with enterprise-grade security solutions. [Read more details](https://www.forta.org/blog/plume-partners-with-forta-rwa)