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Forta

FORT

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Past performance is not a reliable indicator of future results. Learn more about asset risks.

Investment Risk

Baseline risk

All crypto-assets are risky, regardless of the type of token you hold. Here are some ‘baseline’ risks to be aware of before deciding to invest.

Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.

Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.

Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.

Don’t put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.

About Forta

FORT is an ERC-20 token in the Ethereum network. To ensure the accuracy and integrity of the data provided by the network, Forta adopts a work token model, where node runners must stake FORT tokens in order to broadcast real-time security and operational data to the network, and anyone may stake FORT tokens in order to signal detection bot quality in the network.

Forta is a decentralized, community-driven network that aims to provide real-time detection and monitoring of blockchain activity. It seeks to identify threats and anomalies on various Web3 systems, including DeFi, NFT, governance, and bridges. The network operates through a collection of independent node operators that scan all transactions and state changes block-by-block, identifying outlier transactions and potential threats. When an issue is detected, alerts are sent to subscribers, enabling them to take swift action. The community aspect of Forta is integral to its operation, with community members contributing to the network's development and benefiting from its services.

Forta operates by leveraging a network of independent node operators that scan all transactions and block-by-block state changes for outlier transactions and threats. When an issue is detected, these operators send alerts to subscribers about potential risks, enabling them to take action. Developers can build detection bots and machine learning models, and run them on the decentralized Forta network to uncover anomalous activity on every blockchain transaction. The network is governed by smart contracts,relying on them for the integrity and reliability of the system.

Forta aims to provide a real-time detection network for security and operational monitoring of blockchain activity. It can be used by protocols and investors to receive timely and relevant alerts about the security and health of owned or dependent systems, enabling them to react quickly to neutralize threats and prevent or minimize loss of funds. Developers can leverage Forta to build detection bots and machine learning models to uncover anomalous activity on every blockchain transaction. Additionally, Forta can be used by Web3 wallets, DeFi protocols, or centralized exchanges to protect their customers by consuming threat intel generated by the network.

The history of Forta is rooted in its mission to provide a real-time detection network for security and operational monitoring of blockchain activity. It was designed as a decentralized, community-based monitoring network to detect threats and anomalies on various Web3 systems in real-time. The network is made up of thousands of detection bots developed by a community of Web3 developers and security experts. Each bot acts like a security camera, monitoring specific on-chain activities. Over time, Forta has grown to become a known player in the blockchain security space, providing valuable threat intelligence to its users.

Market

United Kingdom Market Stats

Market cap

£86.1M

Volume (24h)

£1.6M

Circulating supply

388.4M FORT

Typical hold time

5 days

Popularity

#425

All time high

£2.40

Price change (1h)

-1.15%

Price change (24h)

-10.4%

Price change (7d)

+14.16%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

United Kingdom News about Forta

BeInCrypto • Apr 27, 24

Vitalik Buterin Defends Ethereum’s Transition to Proof-of-Stake (PoS)

Vitalik Buterin said the PoS transition was necessary to align with the network's long term goal and also address energy consumption concerns.The post Vitalik Buterin Defends Ethereum’s Transition to Proof-of-Stake (PoS) appeared first on BeInCrypto.

Read more

News Article Image

The Defiant • Apr 27, 24

Our Most Read Stories This Week: Telegram & Stripe Payments; $12M CryptoPunk; Consensys vs. SEC; Renzo Depeg

The Defiant's most read stories for the week of April 22.

Read more

News Article Image

BeInCrypto • Apr 27, 24

Oklahoma’s New Law Protects Citizens’ Bitcoin Ownership Rights

This move reflects Oklahoma's commitment to protecting its residents' Bitcoin ownership rights amid ongoing regulatory challenges facing the cryptocurrency industry nationwide.The post Oklahoma’s New Law Protects Citizens’ Bitcoin Ownership Rights appeared first on BeInCrypto.

Read more

News Article Image

BeInCrypto • Apr 27, 24

New UK Law Empowers Authorities to Seize, Freeze, Destroy Crypto

UK's new cryptoasset legislation enables authorities to confiscate items like passwords and memory sticks that could aid criminal inquiries.The post New UK Law Empowers Authorities to Seize, Freeze, Destroy Crypto appeared first on BeInCrypto.

Read more

News Article Image

Decrypt • Apr 27, 24

This Week in Coins: Bitcoin Stumbles but Meme Coins Come Out Winning—Again

Bonk, Pepe, and Floki are among the biggest gainers of the past seven days.

Read more

News Article Image

BeInCrypto • Apr 27, 24

5 Altcoins You Should Keep an Eye on in May

These crypto assets have been overlooked in the past few weeks but the coming month could change things up.The post 5 Altcoins You Should Keep an Eye on in May appeared first on BeInCrypto.

Read more

News Article Image

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Forta is on the rise this week.

The price of Forta has decreased by 1.15% in the last hour and decreased by 10.40% in the past 24 hours. Forta’s price has also risen by 14.16% in the past week. The current price is £0.22 per FORT with a 24-hour trading volume of £1.57M. Currently, Forta is valued at 90.79% below its all time high of £2.40. This all-time high was the highest price paid for Forta since its launch.

The current circulating supply of Forta is 388,388,554 FORT which means that Forta has as total market cap of 388,388,554.

FAQ

What is the current price of Forta?

We update our Forta to GBP currency in real-time. Get the live price of Forta on Coinbase.

What is the market cap of Forta?

The current market cap of Forta is £86.13M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Forta?

The all-time high of Forta is £2.40. This all-time high is highest price paid for Forta since it was launched.

What is the 24 hour trading volume of Forta?

Over the last 24 hours, the trading volume of Forta is £1.57M.

What other assets are similar to Forta?

Assets that have a similar market cap to Forta include Alitas, Banana Gun, Aergo, and many others. To see a full list, see our comparable market cap assets.

How many Forta are there?

The current circulating supply of Forta is 388 million.

What is the typical holding time of Forta?

The median time that Coinbase customers hold Forta before selling it or sending it to another account or address is 5 days.

What is the relative popularity of Forta?

Forta ranks 200 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Forta?

Currently, 82% of Coinbase users are buying Forta. In other words, 82% of Coinbase customers have increased their net position in Forta over the past 24 hours through trading.

Can I buy Forta on Coinbase?

Yes, Forta is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Forta guide.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.

This Financial Promotion has been approved by Archax LTD on February 7, 2024