
Recent advancements in blockchain security have shown significant promise in mitigating the risks associated with DeFi protocols and cryptocurrency transactions. Hypernative's real-time monitoring and automated defenses recently enabled ClearstarLabs to unwind a position on a hacked DeFi protocol, saving significant funds. Cyvers detected half of all major crypto hacks in 2023, highlighting the importance of proactive security measures in Web3. Forta Network's detection engine, trusted by over 140 projects, aims to prevent 99.99% of on-chain attacks. Additionally, Forta's Firewall could have prevented a recent $130K hack via price oracle manipulation. Over $500k each day is being stolen from traders by MEV attacks on Ethereum, compromising ~$20B worth of transactions each month.


