Forta's Leadership to Join NextFin Summit in NYC

Forta has launched enhanced features for their blockchain security monitoring system: - **Real-time Visibility**: New monitoring capabilities provide comprehensive chain oversight with zero blind spots - **Dynamic Freeze Module**: Enables blocking malicious actors during offchain threats without halting the chain - **Multi-Monitoring System**: Delivers targeted alerts across different monitoring points The upgraded Firewall system helps blockchain networks identify and respond to security issues as they emerge, offering improved threat detection and response capabilities. Learn more at [Forta's blog](https://www.forta.org/blog/real-time-monitoring-for-chains-with-forta-firewall)

Forta Firewall has achieved a significant milestone by screening 300 million blockchain transactions. The platform provides real-time security and compliance services for several major networks: - Plume Network - Celo - INK Chain (Kraken's L2) - All Gelato rollups Recent developments: - Integration with INK Chain for threat prevention - New Messari report highlighting Forta's infrastructure - $868K in identified Ethereum phishing attempts (June report) The platform offers OFAC compliance screening and risk management tools for chain operators, positioning itself as essential infrastructure for the next generation of onchain finance.

**Regulatory compliance** is becoming a core requirement for blockchain networks, particularly regarding OFAC-sanctioned wallet transactions. Key points: - Transactions with sanctioned wallets pose significant regulatory risks - Compliance screening is now essential infrastructure for rollups - Forta Firewall offers a solution for OFAC screening implementation *Security and compliance* are emerging as crucial growth enablers in the on-chain economy. Forta Firewall provides tools to help rollups and protocols prevent potential security breaches and maintain regulatory compliance. Learn more: [Forta's Guide to OFAC Screening](https://www.forta.org/blog/why-ofac-screening-matters-in-crypto-and-how-forta-firewall-helps)

Forta's security monitoring revealed a significant phishing campaign on Ethereum Mainnet: - 1,069 malicious contracts identified - 181.5 ETH and 178 different tokens stolen - Total losses exceed $868K A detailed case study shows how one victim lost $59,000 in WBTC through a single malicious approval. The attack happened gradually: - Initial phishing transaction granted token approvals - Multiple small withdrawals to avoid detection - Victim remained unaware throughout the process **Key Security Tips:** - Regularly revoke unused approvals - Monitor wallet activity frequently - Verify all dApp interactions thoroughly *Remember: Most crypto thefts occur silently, one transaction at a time.*