Forta

**SEAL analysis reveals sophisticated evolution in crypto drainer tactics** - attackers now use advanced phishing kits and obfuscation techniques to steal funds. **Key developments:** - Drainers employing more complex phishing methods - Enhanced obfuscation making detection harder - Traditional security measures struggling to keep pace **Forta Firewall's response:** - Detects malicious signals in real-time - **Blocks phishing transactions before execution** - Prevents threats from reaching the blockchain *Pre-chain protection becoming the new security standard for crypto users.*

**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)

**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.*

A significant security breach has affected GemPad across multiple blockchains - Ethereum, BSC, and Base - resulting in a $2M loss through a reentrancy attack. The incident was detected by Forta Firewall's security systems. This attack follows a pattern of recent crypto security incidents, including: - Penpie's $27M reentrancy exploit - Onyx Protocol's $4.2M market manipulation - Bedrock DeFi's $1.7M smart contract vulnerability These incidents highlight the growing importance of preventative security measures in DeFi protocols. **Learn More**: Visit Forta's blog to understand how these attacks can be prevented.

Forta has introduced a new Web3 firewall solution that integrates directly into transaction flows to prevent reentrancy attacks. Key features include: - Blocks malicious transactions before block inclusion - 99%+ attack detection rate with <0.001% false positives - Response time under 50 milliseconds - More effective than traditional auto-pausing methods The system functions similarly to Web2 application firewalls but is specifically designed for blockchain environments. All transactions must pass through the firewall before execution, providing enhanced security compared to frontrunning-based protection methods. **Learn more**: Check out Forta Firewall on Product Hunt to explore its capabilities.

DeFi attacks originating from private mempools have increased from 14% to 48% in just two years. These hidden pools bypass traditional defenses, posing a significant threat to crypto security. Private mempools allow attackers to execute transactions secretly, evading front-running defenses like protocol pauses or rescue transactions. Forta Firewall offers a solution by: - Simulating transactions in real-time - Blocking malicious actions from private mempools - Preventing attacks without pausing protocols or affecting legitimate users As DeFi attacks evolve, prevention becomes crucial. Learn more about mempool risks and Forta Firewall's protective measures in the full article.