In response to this growing threat, the Forta Foundation is launching the Forta URL Authenticator, a cutting-edge Chrome extension that empowers users to navigate the web3 ecosystem with confidence, providing instant verification of URLs to distinguish legitimate sites from scams, and giving you peace of mind with just a click.

Silver Spring, MD & Buenos Aires, Argentina, May 29, 2024 (GLOBE NEWSWIRE) -- BTCS Inc. (Nasdaq: BTCS) (“BTCS” or the “Company”), a blockchain technology-focused company, and the Forta Network, which provides AI-powered threat detection and prevention for blockchains and applications are excited to announce an integration aimed at bolstering blockchain regulatory compliance.In January 2024, BTCS introduced Builder+, an Ethereum block builder. Builder+ utilizes advanced algorithms to maximize validator revenue by constructing optimized blocks for on-chain validation. BTCS believes Builder+ should enhance its Ethereum blockchain infrastructure and create opportunities for new growth.BTCS has incorporated Forta’s AI-powered threat intelligence into Builder+, its Ethereum block-building operations. This sophisticated intelligence extends beyond merely screening wallet addresses on the OFAC Specially Designated Nationals (“SDN”) list but also screens certain other tangentially connected or associated wallet addresses to enhance compliance and the detection of suspicious activities during the block construction phase.Forta’s threat intelligence provides early warning alerts about potential smart contract exploits. The tool uses multiple signals to identify potentially malicious smart contracts, including monitoring suspicious funding sources like Tornado Cash