a16z Crypto-Backed Forta Launches Firewall to Prevent Smart Contract Vulnerabilities

Odaily News Forta, a Web3 security company backed by a16z crypto, Coinbase Ventures and other investors, has launched a new product, Firewall, to help detect and prevent smart contract vulnerabilities. The firewall is reportedly powered by a machine learning and artificial intelligence model called FORTRESS, which analyzes and detects high-risk transactions by checking transaction logs. The business model for the Forta Firewall is to charge a fixed monthly fee, but Beal declined to disclose the specific amount. Initial customers include Euler, Plume and Balmy. (TheBlock)