Sharwa Finance Loses $150K in Price Manipulation Attack Despite Early Warning

**Forta Firewall** introduces real-time transaction screening to address crypto's security scaling challenge. The platform monitors every transaction for: - **Threat detection** - **Compliance verification** - **Risk assessment** **The Problem:** Crypto faces a delicate balance - excessive friction drives away talent and capital, while insufficient monitoring creates dangerous vulnerabilities. **The Solution:** Forta's infrastructure enables responsible crypto scaling by providing comprehensive security without hampering user experience. This development addresses the fundamental security concerns that have historically limited mainstream crypto adoption.

**Forta Firewall** provides comprehensive blockchain security by detecting and blocking malicious transactions before they execute. **Key Protection Features:** - OFAC sanctions violations screening - Exploit detection and prevention - Phishing attempt blocking - Fake token identification - Rug pull prevention The firewall operates **pre-execution**, meaning threats are stopped before they can cause damage to your blockchain network. **Real-World Implementation:** Forta Firewall is already protecting Plume Network's RWA chain transactions, demonstrating its effectiveness for institutional adoption and compliance needs. The system continuously evolves to counter new threats, including drainer kits, privilege-based rugs, and impersonation tokens. [See Forta Firewall in action](https://firewall.forta.network/get-access)

**September saw a major phishing attack surge** with $7.3M stolen across 3,172 malicious contracts targeting 165 different tokens. **Key Statistics:** - Total losses: $7.3 million - Phishing contracts deployed: 3,172 - Tokens targeted: 165 **Protection Available:** Forta Firewall successfully flags and blocks these attacks before execution, preventing users from falling victim to these scams. **Growing Threat:** This follows August's $6M in phishing losses from 2,883 contracts, showing phishing remains a persistent threat in the crypto space. Stay protected by using security tools that can detect and block suspicious transactions before they execute.

**Forta Firewall** has been providing security and compliance screening for Plume Network's RWA chain transactions from launch. The infrastructure processes approximately **2.5 million daily transactions** for institutional-grade real-world asset operations. Key features: - Real-time transaction monitoring - Compliance infrastructure for institutional adoption - Security screening for RWA scaling Plume's vaults include investments from major financial institutions like **Blackstone, Carlyle, BlackRock, Fidelity, and PIMCO**. This demonstrates how traditional Wall Street firms are leveraging blockchain infrastructure with proper security measures for on-chain RWA deployment. [Read more about institutional RWA adoption](https://www.forta.org/blog/from-blackstone-to-blockchain-enabling-institutional-rwa-adoption-with-forta-firewall)