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Reading: 10% of Ethereum Transactions Are Scam-Related: Forta’s New URL Authenticator Keeps You Safe
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Home - 10% of Ethereum Transactions Are Scam-Related: Forta’s New URL Authenticator Keeps You Safe

Press Release

10% of Ethereum Transactions Are Scam-Related: Forta’s New URL Authenticator Keeps You Safe

Guptix John
Last updated: 31/01/2025 9:27 am
Guptix John
Published: 16/08/2024
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San Francisco, CA, August 15th, 2024 – Coinscribble by Coinbound / Web3 scams have reached alarming new heights, with billions stolen from innocent users each year. According to DirtyBlocks.com, a staggering 10% of all Ethereum mainnet transactions are related to scams with 99.9% of all Ethereum blocks containing scam activity. he stark reality is clear: web3 users are facing unprecedented risks, and robust security measures are no longer a luxury, but a necessity.

Contents
  • Introducing Forta URL Authenticator: Your First Line of Defense
  • Key Features:
  • Built by the Community, for the Community

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.

Introducing Forta URL Authenticator: Your First Line of Defense

The Forta URL Authenticator is a user-friendly tool designed to help users navigate the web3 ecosystem safely. With the extension you can authenticate sites in seconds, here’s what sets it apart: it features a comprehensive whitelist, providing access to over 25,000 verified web3 domains from leading DeFi projects, an extensive backlist that keeps you clear of millions of reported scam URLs, updated in real-time from Forta’s world-class threat intelligence database, and instant verification, allowing you to verify the safety of any URL within seconds, leveraging Forta’s advanced threat intelligence network.

Key Features:

  • Easy Installation and Use:
  • Download and Install: Available on the Chrome Web Store, the extension can be installed with a single click.
  • Pin for Quick Access: Pin the extension to your browser toolbar for seamless verification.
  • Real-time URL Checking:
  • Comprehensive Whitelist: Access over 25,000 verified web3 domains from leading DeFi projects.
  • Extensive Blacklist: Stay clear of millions of reported scam URLs, updated in real-time from Forta’s world-class threat intelligence database.
  • Instant Verification: Verify the safety of any URL within seconds, leveraging Forta’s advanced threat intelligence network.
  • Automatic and Manual Checks: Whether navigating to a site or entering a URL manually, check for malicious reports effortlessly.
  • Clear Indicators: Safe sites are marked green, malicious sites red, and unreported sites prompt caution.
  • Community-Driven Contributions:
  • Report URLs: Enhance the security of the web3 community by reporting safe and malicious URLs, ensuring the extension’s database remains robust and accurate.

Built by the Community, for the Community

The Forta URL Authenticator is a product of community collaboration, inspired by the collective need for enhanced security in the web3 space. Further contributions from users are vital for maintaining its efficacy and protecting others from potential threats.

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Completely Free and Accessible

The Forta URL Authenticator is available at no cost, with no need for login or wallet connection. Simply download the extension and start verifying URLs to safeguard your digital assets.

Join the Fight Against Scams

With the Forta URL Authenticator, web3 users can finally take control of their security. Download the extension today fromforta.org/authenticator and become part of a safer and more secure web3 community.

About Forta

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The Forta Network and Forta Foundation are committed to securing the web3 ecosystem. Supported by prominent investors and trusted by top projects, Forta leverages cutting-edge technology and community collaboration to detect and combat scams, attacks, and exploits.

For more information, visit forta.org/authenticator or contact community@forta.org.

Stay secure with Forta. Trust, but verify.

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